Administer chinas takeover of hong kong. Blake burman is at the white house as we await the president s remarks. Blake, what are you hearing from the folks at the white house about what he will be telling us . Reporter hi, there, lou. One source telling me the president will make remarks about china, upcoming a press conference from the rose garden we expect to hear from the president moments from now. You mentioned reuters report about hong kong, the autonomy act passed by congress. Keep in mind with one thing on that, the president , that was signed or passed, rather by both the house and the senate, overwhelming support earlier this month, without getting too granular, the way that it works is, the president has to sign that into law or at least take action on that, give or take within 10 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 allow, call for sanctions on certain indiv
The u. K. Does a uturn and bans huawei the u. K. Does a uturn and bans huawei from its 5g network. Shery breaking news out of south korea. We are getting the Unemployment Rate for the month of june coming in at 4. 3 . Now, this is lower than the estimate of 4. 5 . The Unemployment Rate falling from the previous month. We have seen a little bit of strength in the south korean economy with more positivity coming from that ramp up in government job creation efforts. Still, we have those negative effects from the pandemic with the hardhit hospitality and Retail Sectors continuing to reel. South korea losing jobs. Those removed in june from a year earlier. Still, the Unemployment Rate falling to 4. 3 . Lets get a quick check on how markets are trading at the moment. U. S. Futures rallying. We have after the market closed more positive news when it comes to the vaccine front from motor and a. In the regular session, we saw u. S. Stocks posting their biggest gains in more than a week. 7 . Thi
Ladies and gentlemen, the president of the United States. President trump thank you very much, everybody. It is not too hot, but it is pretty warm. Then q. So we had a big day on the stock market. Ins are coming back, and very rapidly. Much sooner than people thought. People are feeling good about our country. People are feeling good about therapeutics and possible vaccines. Quite going to go over a a bit and may be to questions if we have time and its not too hot. Today i signed legislation and an executive order to hold china accountable for its oppressive actions against the people of hong kong. Hong kong economy act, which i signed this afternoon, passed unanimously through congress. Law gives my administration powerful new tools to hold responsible the individuals and entities involved in extinguishing hong kongs freedom. We have watched what happened. Not a good situation. Their freedom has been taken away. Their rights have been taken away. And with it goes hong kong, in my opin
Administer chinas takeover of hong kong. Blake burman is at the white house as we await the president s remarks. Blake, what are you hearing from the folks at the white house about what he will be telling us . Reporter hi, there, lou. One source telling me the president will make remarks about china, upcoming a press conference from the rose garden we expect to hear from the president moments from now. You mentioned reuters report about hong kong, the autonomy act passed by congress. Keep in mind with one thing on that, the president , that was signed or passed, rather by both the house and the senate, overwhelming support earlier this month, without getting too granular, the way that it works is, the president has to sign that into law or at least take action on that, give or take within 10 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 allow, call for sanctions on certain indiv
So weve had a big day in the stock market. Things are coming back and theyre coming back very rapidly. A lot sooner than people thought. People are feeling good about our country. People are feeling good about therapeutics and possible about therapeutics and possible vaccines. Quite going to go over a a bit and may be to questions if we have time and its not too hot. Today i signed legislation and an executive order to hold china accountable for its oppressive actions against the people of hong kong. Hong kong economy act, which i signed this afternoon, passed unanimously through congress. Law gives my administration powerful new tools to hold responsible the individuals and entities involved in extinguishing hong kongs freedom. We have watched what happened. Not a good situation. Their freedom has been taken away. Their rights have been taken away. And with it goes hong kong, in my opinion, because it will no longer be able to compete with free markets. A lot of people will be leaving