Government bans the purchase of new 5 g. Equipment from the chinese tech giant holway. 14 people are dead in ongoing cross border fighting between azerbaijan and armenia. And im really wanting is with the sports news and saudi arabia tries to tell you. Newcastle united it announces that its canceling the license of one of the premier leagues biggest calls partners in sports details coming out this hour and beings reaction to. The International Court of justice at the hague has ruled in favor of qatar in this dispute with 4 out of countries that have imposed a blockade on the gulf states and have prevented qatari aircraft flying over their airspace the court said the u. S. Civil Aviation Agency has jurisdiction in this case. Because of one. Unanimous. Reject is the other the froth by the kingdom of bahrain the art of that bubbly coffee get the kingdom of saudi arabia and the united at of immunity to. Buy 15 both the one. Told that the council of the International Civil Aviation Organiza
From International Mediators calling for demonstrators to return to the streets challenge on his claims on crime and the coronavirus the fox news interview that didnt go as planned for the us president. And in sport chelsea have beaten Manchester United to reach the english f. A. Cup final a 31. 00 semifinal win at Londons Wembley stadium setting out the title decider against arsenal. We begin the news hour in brussels where negotiations over the European Unions long term budget and Coronavirus Recovery Fund the are continuing but hopes of an agreement appears to be faltering after 3 full days of talks leaders are at loggerheads over the unprecedented spending proposal which is aimed at Holding Europe out of its deepest recession since world war 2. On the table is a budget of 2. 00 trillion dollars to be spread out over the next 7 years it includes an 857000000000. 00 fund to help countries recover from the pandemic but members cannot agree on how the money should be distributed needs
A new Constitutional Court in mali to try to end the political crisis that irans foreign minister calls the stronger ties with iraq on his 1st visit since the u. S. Killed a top iranian general earlier this year and reviving hollywood how covert 19 will mean higher costs along the production times for the movie making business. And in sport Lewis Hamilton wednesday hung gary in the formula one prays for the 8 time in his career his latest victories mean the british driver top of the World Championship standings. Well its a little after 8 pm in brussels the end of the 3rd day of European Union talks which still seem to have found no consensus leaders have been trying to agree on how to fund europes recovery from the coronavirus demick and finding the money is not necessarily the issue look at this number 2. 00 trillion dollars that is the. European union budget it is unprecedented at this level and within that number weve got this 157000000000. 00 another not insignificant amount that h
Heres the markets performance this thursday morning. Not paying much attention to those jobless numbers. We are going to be down pretty much across the board. The dow industrials on the down side to the tune of 200. The s p down about 20. The nasdaq, not much of a loss there, down 12 points. Now, ive got some negatives to lay out for you. This may be a negative. Several states report big spikes in virus cases following their reopening. Its the second wave worry. Number two, medical authorities in beijing say the new outbreak has been controlled, their words, but virus statements out of china dont have much credibility with investors. Heres another one. This is not helping. The European Union will go ahead with its plan to tax big American Technology companies. The u. S. Has withdrawn from those talks. This too might be hurting investor sentiment. John boltons book, very negative on the president. Bolton says that everything he does is geared to his reelection and that includes shifting
Company holiday to the calendar. And he are everyone tz artz o raise serious cash thats all here on Worldwide Exchange on cnbc. Good morning, good afternoon, good evening. Welcome to wherever in the world you may be watching. Here is how the money, your markets are setting up their day. Stock futures indicating the dow is likely to rise at the open. It is early. We are in the green. We are 116 pointsto the future side as well snapping the threeday streak. It did during the second day o temperature. With that pull back, blue chips need about 1,862 to complete that selloff look at the wild swing after a relatively calm one. Watching the credit and bond markets as well. 10year at 0. 73 look at oil. New data that shows Venezuela Oil output has collapsed to 570,000 barrels per day. That is down from more than three plus Million Barrels a day. That is a 76year low in oil output for the most oil rich country in the world a true collapse of venezuela there. Wti crude is up to 38. 32 around the