More than 30 billion. We start in the us, where the Central Bank says the economy is Making Progress towards recovery, thanks to widespread vaccinations. As expected, the Federal Reserve has kept Interest Rates on hold near zero after its two day meeting. Fed Chairjerome Powell says now s not the time to start thinking about raising borrowing costs, despite rising inflation. On thursday, the first official figures could show the worlds biggest economy grew more than 8 in the three months to june. From New York heres michelle fleury. From heres michelle fleury. This to theirs. New york is from this to theirs. New york is back. Sales are up. The reopening of offices has the city sizzling again and americans feeling flattering to be here. The vaccine out, it makes me more inclined to be outside. Having some freedom back clearly having some freedom back clearly helps, we stretch our legs, clearly helps, we stretch our legs, get clearly helps, we stretch our legs, get things to see things w
With just four days to go until The Opening ceremonies, the number of covid cases linked to the 2020 Olympic Games has risen to 58. This includes american tennis hopeful Corey Coco Gauff who announced On Sunday she was pulling out of the competition. Coronavirus cases are rising in japan which raised fears the start on friday could turn into a Super Global Spreader event. Blake essex joins us from tokyo. The olympic organizers must be scrambling to deal with the fallout. Whats the latest . Reporter yeah, kim. Look, i mean, the Health And Safety concern remains a big issue here in japan, and a main reason why these games continue to be so deeply unpopular. But just last week international olympic Committee President Bach said the risk of spreading because of The Olympics is zero. A Growing Number of cases are testing olympic organizers promise theyll be able to deliver a safe and secure owe lim Olympic Games. Take a listen. Olympics is a safe place to stay. We cannot say there will be n
Reporting on the Jeffrey Epstein Case and the Court Perversion of justice. The woman behind it all, julie k. Brown, joins me live in a few minutes. But first the rhetoric around covid19. If you think about it, life is just one big, long set of calculated risks. Crossing the street to the park, taking a car to the store, taking a trip. We all make risks every day. If we didnt, we wouldnt be living. The covid19 is all about risk. How much risk is acceptable to you . Whats your Risk Tolerance . What about the risk of passing the virus on to others . Whats the Cost Benefit Analysis . Covid requires constant risk assessments. But those nuances dont always come through in the media coverage. In the argument with public health officials that weve all come to know over the last six months havent talked about risk assessment, either. Quality News Coverage and careful messaging should help you assess risk and make thoughtful decisions. We all have to think more like risk calculators. For example
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let s start with a major resignation in the world of banking. the boss of credit suisse antonio horta osorio has stepped down after being investigated by the bank s board for breaching covid 19 quarantine rules. horta osorio had only been in the role for eight months and had promised to restore the swiss bank s reputation following a spate of high profile scandals. credit suisse has already announced axel lehmann will be its new chairman. joining me now is russ mould, who s a investment director at aj bell. good morning to you. for those of us good morning to you. for those of us in good morning to you. for those of us in financial news we know this man of us in financial news we know this man very well, a former ceo this man very well, a former ceo of this man very well, a former ceo of lloyd s and other banks. are you ceo of lloyd s and other banks. are you surprised to hear this? in a way it is a terrible shame because mr horta osorio did a fantasticjob at b