Make up your. Double made for mines. The euro hits a 2 and a half year high against a basket of currencies investors are bullish on europes recovery from the pandemic that has a strong euro but a strong euro rather has consequences for companies who bring you up to speed. Also on the show major Oil Producing nations agreed to bowl back some of their production pandemic production cuts can they ride an oil recovery or are they acting too soon. And the german state helps Small Businesses survive the pandemic by helping them go online. Welcome to the show. Stephen beardsley in berlin good to have you with us the euro is poised to hit a 2 and a half year high against a handful of rival currencies this week its the latest high point of a month long rally for the currency and it comes as rivals have weakens the European Unions common currency broke the 1. 20 cent mark as Inflation Fears hit the u. S. Economy itself against the pound sterling on fears that brags that brags a trade deal will n
To have you with us a progress in Vaccine Development is lifting spirits as lockdowns continue around much of the world but recent days have shown that Vaccine Distribution could be a weak spot take a look pfizer has revealed that it initially overestimated its supply chain forcing it to cut delivery projection several weeks ago instead of 100000000 doses for 2020 it now expects to deliver 50000000 another concern for distribution is security i. B. M. Saying that hackers have targeted organizations working to improve vaccine cold storage in supply chains in suspects state actors may be trying to steal trade secrets or disrupt distribution of finally vaccine financing is a growing concern with International Aid not yet meeting the amount needed to help poor countries heres u. N. Secretary general antonio terrorists at a special covert 1900 some of the new york. U. S. Dollars including 4300000000. 00 urgently needed for the next 2 months. I think those who have contributed and own to sho
Astrazeneca is to resume vaccine trials. Virus numbers rise but travelers defy warnings to stay home. Imports of u. S. Goods closed slowed last month. David amidst all of that and a overnighthat markets we are getting futures coming online in about 60 minutes. Been a veryt has good past two weeks for global equities. The nikkei 225 flirting with 27,000. Kiwi dollar has been standing on the platform. They are not getting a lot of action. It has been about a weak dollar. About vaccineing reflation trade. Astrazeneca will run another global trial. Amid questions about the program and the level of protection. Initial test claims varying degrees of efficacy, sometimes as high as 90 . Our Deputy Managing Editor has the story. We have been asking a lot of the experts whether they can explain the gap between efficacy depending on the number of doses. No one has managed to come up with much of a thesis. Is that why there saying more trials are needed . Is that why they are saying more trials ar
Starting today. Like much of the bay area, that county to is now in the most restrictive purple tier for coronavirus cases. Ktvus allie rasmus explains what the changes mean. Reporter a sign on the door of the montclair Fitness Center in oakland explained to customers they are closed to comply with county health orders. The owner says she has been lucky enough to keep her business afloat with online and outdoor classes. We know a lot of businesses are suffering because they dont have an outdoor option and honestly, i dont know that if this continues if we will be able to keep up what we are doing. Reporter at restaurants like the crcpe pan on piedmont avenue, it is back to serving tables outside only, no more Indoor Dining allowed. Movie theaters, houses of worship, and museums can only operate outdoors in Alameda County. I would like if we could open up and participate in real life again but i think that it is really important right now that we all participate in keeping the community
Set a flag on fire, and patrons and an employee at a restaurant right across the street from the Police Department were harassed. One person pepper sprayed by a demonstrator and no arrests were made. We were eating our food, they started flashing lights in our eyes, screaming at us, there were no police, nothing. And were literally at the police station. We had nonuniformed officers watching from a distance. And had we seen assaultive behavior or Public Safety issues we would have jumped in right away. We were not aware of the assaultive behavior until after the fact. There was no order for officers to stand down. Supervisors made a decision not to intervene based on the circumstances of the crimes being committed. Graffiti and vandalism. He agrees with the call but says they are making changes moving forward. If this group comes back or any groups come back into town with the intent to vandalize or commit criminal behavior, we have every intention of taking action and holing them acco