A japanese ship that ran aground near the island of greenpeace is warning of devastating consequences. If you disturb it with your sports jason day she is the leader of gold soused major. The p. G. A. Championship. Now lebanons president has raised the possibility of external interference and she has days porque last in beirut michel aoun addressed the nation just a short time ago vowing an investigation into whether the blast was caused by negligence an accident or even a rocket or bomb but the government is facing widespread anger amid accusations of mismanagement and corruption 157 people have now been confirmed dead but it smith reports from beirut. Or on the streets of beirut. Sweeping clearing digging. Theyre filling the gap left by the state. Which is conspicuous by its absence. We had an i. T. Company here times were tough before tuesdays explosion now she says she cant see any future here. I am in. Los angeles. I see im 30. And both come to me from my 25 years. I work here ill
Investment savings again as tensions continue to rise. Selling underway this morning. Dow futures down 50 points duh the nasdaq is up 4 and a quarter. S p 500 right now down 3. Growing concerns over coronavirus spikes and what it could mean for the recovery fueling a selloff yesterday. Nasdaq and s p 500 snapping 5day winning streak with declines in double digit. Facebook not getting a like. Walmart says retailer reportedly to offer freeday delivery and customers willing to pay a 100 a year. Defund police, this as crime is rising across america. We have you covered coming up at 7 30 a. M. I will speak with new york city mayor Rudy Giuliani, dont miss that. Secretary of Homeland Security chad wolf will join me. Secretary is live at 8 30. Mornings with maria is live right now. Global markets this morning are mixed. Take a look at european indices across the board. Dax lower by 86. Uk finance minister announced that the latest Recovery Plan lathe today later today is expected to open pubs
I find it absolutely amazing we find ourselves in a situation where what is happening with hong kong, the china trade deal, the economy, the rioting taking place in the u. S. , and the equity market just shrugs it all off. Only shrugs it but continues into the value trade in the deeper cyclical trades. Everyone was saying, this is not going to last, yet it still continues. Lets break down more of the markets and how do you feed in the u. S. China trade tensions. Joining us now is nathan sheets. He is head of Macroeconomic Research and a former u. S. Treasury secretary for international affairs. Always good to chat with you. In your expertise with the relationship between the u. S. And china, are we at a standstill or do you see the evolution of stronger rhetoric leading to economic section sanctions leading to more tariffs . Nathan my expectation would be that we will see further tensions between the u. S. Into china Going Forward. China Going Forward. Disagreements are about trade, te
Lows fausting with a relief after more than 1hundred points lost in just two days. Investors are getting back into this market and theyre bargain hunting because the bottom line, yes, there is fear about the coronavirus but no one really knows what is going to happen. Weve seen a page from this kind of playbook before. Markets do tend to claw their way back. When ebola was a threat of july 2014 to march of 2016, there was a lot of volatility but the dow only lost half a percent overall. For sars, november 2002 to july 2003 the dow gained. From september 2001 to october october 2002 the dow lost a little more than 17 . You look at history, get a sense how investors reacted to all kind of different events, ebola, sars cases, they say that they tend to be blips, not events that define the market. Major corona headlines breaking today, the cdc confirming 14 cases of coronavirus and a u. S. Soldier in south korea testing positive as well. That is not to say this isnt something to worry abou
Us. Today session is an opportunity to speak on the deterrents and signaling effect of financial sanctions, well and as many of you know well, economic u. S. Sanctions and economic tools which in general terms to those, named people or entities that should have access to the u. S. Financial system of those new people are entities to pose a threat to u. S. National security and the use of sanctions has become central to the exercise of u. S. Foreign policy and National Security over the last decade and in fact i would say, sanctions are a favorite policy tool of this administration in particular the top. The topic for todays session is also the subject of a report and i got jordan good to my left and i cowrote and we are releasing today, those of you here joining us in person will have seen that when you came in. Do not forget to take a copy, of the report includes findings of hours that came out no workshop and signaling and deterrence of sanctions and put it by the Franco Family Found