This is boom bust the one business show you cant afford to miss or in washington coming up. Signed legislation. And an executive order to hold china accountable for its oppressive actions against the people of hong kong the United States has its hong kong autonomy act and did trade privileges for the special Administrative Region straight ahead we analyze the move to chinas response and how the tensions between the 2 superpowers are spilling over on the world stage and coping 1000 cases continue to surge in the u. S. But how do the states stack up against. The rest of the globe will take a look around the world but amid the surging corona virus cases in the United States some pharma stocks are seeing a pop on the hopes for a potential vaccine but could the optimism be a bit premature later on we jump into the race for a vaccine and the possible supply chain issues that could arise once a cure has been found we have a packed show today so lets dive right in. And we leave the program wit
That same set. This is boom bust the one business show you cant afford to miss bridgeboro in washington coming up and aside legislation. And an executive order to hold china accountable for its oppressive actions against the people of hong kong the United States has its hong kong autonomy act and did trade privileges for the special Administrative Region straight ahead we analyze the move of chinas response and how the tensions between the 2 superpowers are spilling over on the world stage and coping 1000 cases continue to surge in the u. S. But how do the states stack up against the rest of the globe well take a look around the world but amid the surging coronavirus cases in the United States some pharma stocks are seeing a pop on the hopes for a potential vaccine but could the optimism be a bit premature later on we jump into the race for a vaccine and the possible supply chain issues that could arise once a cure has been found we have a packed show today so lets dive right in. And w
Tested. This is promising news. The production says it proves that the production does not prove that it is effective but it is certainly a step forward. The final stage of the trial is scheduled to start july 27. This data coming out in the new england journal of medicine. It appears that moderna in the lead with its vaccine candidate, producing antibodies in all 45 of the patients tested. I mentioned we are standing by for President Trump. The press conference scheduled to start any moment now. We are told that the South China Sea and ongoing relations with china will be the focus along with potentially rising cases of covid19 across the country. Meantime, taking a look at how this impacted the markets. Volatility again the word of the day. I want to bring in abigail doolittle, who has been following all of this. Abigail volatility is certainly the word of the day and really the word of the last month. The s p 500 yesterday unable to take out its high after the februarymarch crash. S
An air blockade on the country increased military activity on the border between azerbaijan and armenia with casualties on both sides. And really well into the sports news and as saudi arabia tries to take over a premier league club. That announces that its canceling the license of one of the premier leagues Biggest Group calls parties be in sports details coming out this hour and billions reaction to. Chinese Telecommunications Giant huawei will be banned from the u. K. s 5 g. Network the move which is a major backtrack on the British Governments previous position were likely delay the rollout of the network by at least a year the ban follows sanctions imposed by the us which claims the company poses and National Security threat qua way denies this of the u. K. s mobile provide. Will not be able to buy any new huawei 5 g. Equipment after the september 31st they have also been given 7 years to remove all while away 5 g. Equipment presently in their systems 3 g. And 4 g. Equipment can s
Administer chinas takeover of hong kong. Blake burman is at the white house as we await the president s remarks. What are you hearing from the folks at the white house about what hell be telling us . Reporter the president will be making remarks about china upcoming at what is billed as a press conference from the rose garden which we expect to hear from the president moments from now. You mentioned that reuters report about hong kong and the autonomy act that was passed by congress. Keep in mind one thing on that, the president that was signed, or passed, rather, by both the house expect senate, overwhelming support. Earlier this month. Without getting too granular, the way that it works the president has to sign that into law or at least take action on that give or take within ten days. That puts the clock at about that time that the president would have to take some sort of action as today on the hong kong autonomy act which would call for sanctions on certain individuals that the p