Coronavirus vaccine could be developed by the end of the year. Egypt has demanded urgent clarification from ethiopia over whether it started filling a mega dam on the river nile. Ethiopian state media has announced reservoirs are being filled. The controversial project will transform the lives of millions, but control over its waters has led to nearly a decade of contentious negotiations. A final deal has not been reached. Ethiopia is the source of the blue nile, which flows through sudan and merges with the white nile through egypt. At full capacity, the dam, the size of london, will be able to hold 74 billion cubic meters of water. Hydropower will turn on the lights for 70 of ethiopians who currently have no electricity. Egypt relies on the nile for 90 of its water for a population of 100 million. More on how the dam divided the region before it was even completed. Reporter it has taken 10 years to build and cost close to 5 billion. Ethiopias flagship Infrastructure Project is a grea
Tactics as the white house tries to get a handle on the virus. It will probably unfortunately get worse before it gets better. Chris estates we impose restrictions and hospitals filled to capacity, we will discuss the latest with former cdc director dr. Tom frieden. Blos. Im announcing a surge of federal Law Enforcement into American Communities plagued by Violent Crime. Chris violent spikes in major cities in the administration beefs up the federal presence on the ground despite local resistance. We will talk with kansas city mayor Quinton Lucas about what his city needs from washington. And the president cancels his Convention Acceptance Speech in florida over virus concerns. We will ask our sunday panel how both campaigns can generate momentum in the home stretch, all right now on fox news sunday. Chris and hello again from fox news in washington. In 100 days, americans had to the polls amid a pandemic and economic uncertainty. The numbers tell a grim story. This week, the u. S. Sur
Good morning, everyone, and welcome to bloomberg surveillance. This is what the markets are focusing on. Partly, the number of infections rising in the u. S. But partly also what we are hearing from economies in europe reopening. European stocks sliding for a second day. We did lose a bit of momentum in this equity rally in the wake of damage caused by the pandemic. Hsbc slumping after Donald Trumps advisor proposed a move to punish banks in hong kong and destabilize the currency peg to the dollar. And goldng below 41 trading near its highest level since 2011. Lets get straight to the bloomberg first word news. Good morning. The white house has made good on its threat to leave the world health organization. The Trump Administration has sent a letter to the agency giving it a one year notice it plans to quit. President donald trump says the International Body has been too deferential to china in its handling of the pandemic. The move comes as virus cases in the u. S. Near 3 million. Som
Straight weekly gains of more than 3 . The stocks index heading lower given their exposure to china and some of the heightened tensions you have between the u. S. And china. The only one of the major averages in the red. The risk off tone means you are getting a lift up on the long end of the curve, up five basis points. To give us a risk off tone. I want to talk about some of the Economic Data that we saw. To. Manufacturing pmi rose aprilsmay from alltime low. Manufacturing picked up a bit but stayed below 50. For more, i want to bring in our International Correspondent michael mckee. What is some of the manufacturing data this morning telling us about where we are . The basic message is me will not see a recovery. Shaped recovery. The chinese numbers, which came out over the weekend were down a touch. They reopened earlier, so their numbers are higher. Europe is next. Germany is up, italy is down. Here in the united states, some improvement but still below 50. These are basically psy
Right now at 5 00, to its not a typical memorial day weekend. But theyre open for business. A look at the new normal at wineries in the north bay. The news at 5 00 starts right now. Thanks for joining us. Im terery mcsweeney. A day in wine country seems normal around here. Some, it was the lux rick today. Some wine rips are back open but not all are benefits just yet. Here is nbc bay area with more. Reporter its a far cry from a what would be a busy memorial day weekend but a lot of wineries are reopening to some capacity. Kendall jackson reopened its doors to 50 by appoint guests. And they get the appointment to operate. Visits by appointment, limbing parties to six people or fewer and requiring employees to maintain a sixfoot distance from others. We had it through the day yesterday. We are fortunate enough to be prepared and ready to go for and it we are happy everyone is back. The biggest requirement is that wineries must serve food to have guests. For wine rips like Kendall Jackso