Last 10 years. That doesnt get it done. Guess what . Job cuts. Lisa how much more can Central Banks do to juice job growth at a time of zero Interest Rates . I find it fascinating that coke is offering voluntary separation programs with its employees, read, job cuts. More interestingly, yesterday salesforce. Com, one of the winners of this, and also job cuts. Tom cocacola managing the message as they always do. I dont know what their cute phrases for firings. Lisa separations. Tom exactly. That is just as phony as all of the rest of the. What is so important in that set of announcements across the bloomberg, as they make clear this is an International Strategy to right size on 86,000 employees right now, what we really need is a morning brief. Where you start . Lisa at 8 30, ancient history, which is u. S. July income and spending data for individuals. This is very backward looking based on how quickly the jobless benefits are running out and the changing scenario. We are also going to
3000 jobs will be cut under bains new ownership. Bain capital ownership, which in addition to these details relating to jobs, we are also expecting to hear about aircraft fleet and the future as well, this after bain bought Virgin Australia in what is a pretty bold that on an industry that has been shattered by the travel restrictions and the coronavirus pandemic. Virgin australia committed to regional and charter flying. Of targetsindication and priorities when they are restructured in addition to 3000 jobs being cut. Also getting data out of australia. Manufacturing pmi, services as well as composite index coming through. Dropping from that preliminary number for july. The composite number of 67. 8 also a little bit weaker. The performance of Construction Index coming in at 42. 7, higher than 39. 5. Lets take a look at the aussie dollar. Largely to do with the situation in victoria. We have that renewed lockdown, stricter stage four restrictions. At this time, later on today and tomo
Slightly but are still topping 100 with 165 cases reported on wednesday. Experti expertings are oespecially concern concerned. Translator the numbers couod be many times from now. That would mean 1200 people. It would increase my 256 fold. The governor is calling on residents to refrain from nonessential travel to other prefecture prefecture. The number of infections continue to rise in other parts of japan. 61 cases were confirmed in the western prefecture of osaka on wednesday. Thats the highest since the nationwide state of emergency was lifted in may. Now, across japan, morore than 22,000 people have tested positive for the coronavirus. Nearly 1,000 people have died. Officials are also closely watching developments in the southern prefecture of okinawa home to several m military u. S. Bases. The okinawa governor met the defense minister in tokyo. He asked the minister to push the u. S. Militaryy to swiftly provide detailed information on the infected people. Translator i hope he w
Hong kong leader carrie lam fails to aleve fears and big tech takes over privacy concerns and signs of recovery fo bmw as they say sales in china were stronger compared to a year ago. And european chip makers slump despite a forecast of a 23 jump in the Second Quarter as chip demand offsets weaker smartphone sales thanks for joining us. And lets take a look at the Market Action were witnessing in the trading settle here in europe we have been trading in the red for the past hour or so. In terms of the core arkets, were seeing even more selling coming off the stock market here in the uk. It was one of the better performers yesterday as we saw a bounce investors responding to the Risk Appetite that we saw globaglobay and individual news too, hopes that they might try to furthermore transactions in the property space and there was a strong move for the builders but away from that story, you can see we are negative across the board. French and german were up more than 1 yesterday. So a giv
The committee on Foreign Affairs will come to order. The chair is authorized to declare a recess at any point and all members will have five days to submit statements, materials and questions for the record subject to the length, limitations in the rules. To insert something in the record please have your staff email the previously mentioned address or contact of the full committee staff. I see that we have a quorum and before i go forward i understand the speaker of the house, miss pelosi, will be stopping by this hearing and i ask unanimous consent she participate in any point she arrives during the hearing. So ordered. There she is. Madame speaker, would you like to make some remarks . Thank you very much, mr. Chairman. I thank you and mr. Mccaul, mr. Eliot engel for having this hearing today. It is with Great Sadness that i come here because we had such optimism and such hope. The u. S. Congress has always spoken in a bipartisan house and senate, democrats and republicans, with one