A back seat will the president ial candidates ever hit the road and so their brand of politics to americans before the vote followed the u. S. Elections. Will be. Seen. After months of antigovernment protests and Political Uncertainty iraq is now grappling with the worst fiscal crisis in decades. Iraqs economy and state budgets are heavily reliant on oil income and have been hit hard by the sharp decline in Global Oil Prices the world bank has projected g. D. P. To contract by 9. 7 percent of the fiscal deficit expected to reach almost 30 percent of g. D. P. Iraqs new only appointed government led by most of the me is now faced with a challenging task of implementing long overdue Structural Reforms such as reducing Public Sector employment while also keeping popular unrest at bay im so want to get out and as iraqs fiscal crisis deepens we ask what needs to be done to address it and how can the new government overcome entrenched political interests that oppose reform while also winning
Is 6 oclock thank you for joining us, im James Fletcher and im darya folsom to new coronavirus test sites are opening this morning. In santa clara county. More than a 100 people are going to be tested each day at the site weve got kron fours will tran standing by live in san jose with more on the story good morning. Well. Good morning james, im at one of those locations, im in front of james Like High School in East San Jose often north white road it will open in one hour from now i daria said they will try to test about a 100 people every day starts at 7 closes at 7 oclock at night. This is not for everyone however weve seen the site said other locations of where people show up from throughout the community in this particular case theyre starting off with a plan that only they are one they encourage people with flu like symptoms noticeable flulike symptoms to come down and First Responders those people will be the First Priority at least when they start off over the next couple of day
Japanese yen is a safe haven. I must say actually, the japanese yen is up than u. S. Dollar and is holding up. Oil is definitely on a buy. Wti, to give us a sense of the volume. Brent crude is saving four times its volume and w. T. I. Is trading six or seven times. The markets are definitely moving with this geopolitical news overnight. Its time for the Global Exchange from around the world. From london to istanbul to prints on, new jersey and washington. Our bloomberg voices are on the ground with this mornings top stories. We begin with tensions in the iddle east where one of irans most powerful general killed. The u. S. Active International Terrorism targeting and assassinating is extremely dangerous and a foolish escalation. The u. S. Bears responsibility for all consequences of its ogue ven chur churism. Mark, what is the reaction . Ive seen some demonstrations already in iran. Yes. There have been protests in iran which is the city where he was born. The key thing to remember abo
Just three points higher, but that means we are at another record high. Fancy that. Lets dive deep into the action. Abigail, what are you watching . Abigail ive got bonds on my mind. We have stocks higher on the close and on the week, another weekly gain, the fifth in a row for the s p 500, the longest winning streak since early march, so clearly a riskon tone, but confirming it is the problem we are seeing on bonds. A significant back up over the last five days for the fiveyear yield, the most in more than a month, and the 10year yield, the most going back since september, and that was the biggest move up for yields for that 10year yield going all the way back to 1962. A representative from bank of America Merrill lynch reppert recommended shorting fiveyear futures. Hes been bullish and bonds, but recently, there has been a trend break. He has been supportive of the data from the ftc, net positions going back to 2004. He is making the case that in 2019, you have the positioning gettin
And right now 61 Million People on alert for extreme heat from new mexico to florida. Summer of the strike. Thousands of city workers in los angeles now join hollywood actors and writers on the picket lines. The disturbing brawl on the water front in montgomery, alabama. So many sharing the video. The shocking moment of attack when a dock worker was doing his job. How did it get so out of control . Four active warrants now out and what the montgomery mayor is now saying. Also this morning, could the georgia mother of three accused of plotting her husbands murder be out on bail . Sandra bullocks heart break. Her long time partner passed after a private battle with als. A woman critically injured after getting bitten by a shark in new york city. A fedex driver reunited with the man he pulled from a burning car on the highway. I dont think i would be here without his help. His parents saying to the driver thanks to you we have our son. New warning about the popular scam targeting zelle us