Vulnerable communities are being left behind by the move to Distance Learning. Thank you very much for joining us record fires are raging along the west coast of north america from mexico to canada at least 7 people including a one year old baby have been killed in the u. S. Several states are now battling flames which have consumed entire communities and blanketed cities from San Francisco to seattle in smoke 5 small towns in Central Oregon have been destroyed more than 80000 people in the city of medford have been told to leave their homes the governor is warning it could be the deadliest season. Over the last 24 hours oregon has experienced unprecedented fire was significant damage and devastating consequences across the entire state. I want to be upfront in saying that we expect to see a great deal of loss both in structures and in human lives this could be the greatest loss of human lives and property due to wildfire in our States History. And the state of california is already ex
In terms of the euro, that is firmly in focus. European leaders meeting in brussels at loggerheads over how to rollout the plan. The offshore currency is essentially flat. The fix is essentially 6. 99. That is what the aussie yen is doing. The u. S. Dollar has ticked up 2 10 of 1 after a number of weeks of weakness. We can move it onto look at some of the commodities in the 10 year. A bit of concern about demand destruction for crude given the infection rate in the u. S. Florida, some policymakers saying the virus is out of control in that state. That will be a concern. 40 for wti. You still have this significant divergence between the 10 year, u. S. And china. Rishaad just getting some news from a motor company. It is secured funding from a variety of private equity companies. What it does show is chinese startups promising vehicles. Attracting funding even as we are seeing the industry having a rough time of it. This is leading to x peng saying the Company Managed to achieve the 400
Shattered by an air strike in yemen who 3 rebels say at least 25 civilians have been killed in an attack by the saudi led coalition. The schedule for the 2022 world cup in qatar is out for the 1st time there will be 4 matches a day in the group stages. So then the Coronavirus Crisis in the United States is growing worse as the man leading the fight faces political pressure over his warnings the u. S. Set another record on tuesday with 67000. 00 new infections and top Infectious Disease expert thats dr anthony felt she is urging the white house to stop trying to discredit him and focus on tackling the pandemic in latin america brazils president jaya bolton are says hes tested positive for a 2nd time as the country nears 2000000 cases and 75000 deaths the concern about the wider effects of the pandemic where there easing in china its economy grew 3. 2 percent in the last quarter after shrinking the most in nearly 50 years in the 1st 3 months of the year mike hanna begins our coverage fro
600,000. Los angeles is facing a new lockdown. Tokyo and hong kong reporting record numbers. Australia is set to deliver a new budget, may be the biggest blowout since world war ii. Lets take a look at how we are setting up when it comes to markets. Ures this is how it is shaping up when it comes to the future contracts. A Third Straight week of gains when it comes to the s p, managing to withstand the lakesession latesession wound. Slow but steady rotation away from growth in tech. Much more going into value. Futures are up by about 0. 1 . Positivity when it comes to the trading in tokyo, just about 0. 2 higher. Chicago nikkei futures are higher, all eyes on whats going on in brussels with now three days of negotiations in the eu to reach this agreement on the stimulus package and hand out details. We are hearing details, including that the netherlands and austria remain the strongest holdouts in the eu recovery talks. A bit of anxiety playing through when it comes to the eurodollar t
Gates barack obama and a lot musk. And the shuttle for the 2022 world cup encounter is around sun for the 1st time there will be 4 matches a day in the group stages. But into the Program Egypt is seeking urgent clarification from ethiopia about whether it started to fill the reservoir of africas largest dam on the blue nile ethiopians state television reported on wednesday that the filling of the ground renee salts dam had begun the 5000000000. 00 project is the centerpiece of ethiopias dared to become africas biggest power exporter egypt and sudan the fear reduced Water Supplies downstream one didnt want the river down and until they reach an agreement with ethiopia last month egypt told the un it faces an existential threat from the down Charles Trafford reports now on the complex regional politics surrounding the project. Its taken 10 years to build and cost close to 5000000000. 00 u g o p s flagship Infrastructure Project is a great source of national pride. But the grand ethiopian