A form of carbon and bidding farewell to side erekat, the chief palestinian negotiator who died on tuesday, after Contracting Private 19 hong kong is facing further crisis. After more than a dozen prodemocracy politicians called it quits. Their resignation was in solidarity. After the territories government disqualified 4 of their fellow legislations. Yet there we are. Now Chinas Congress has passed a patriotism resolution, allowing the removal of legislators who pose a threat to National Security and challenge beijings rule. Prodemocracy activists say that amounts to the end of the one country 2 systems. Principle polland has more for us from hong kong. That was a very emotional press conference. Some of them announcing the resignation with tears in their eyes, saying those resignation letters will be in the hands of the government tomorrow, which essentially will deem hong kong fledge exclusive council without any opposition voices anymore. They say theyre doing this because its what
But you were talking about the dow being in positive territory for the First Time Since september 2nd. Stocks in china reopened after a week long Public Holiday they both jumped by more than 2 the shanghai composite was up by 2. 6 lets take a look at where things stand right now in europe where there is some trading taking place you can see the markets are open there and theres a bit of a mixed picture. Its actually a little bit higher ftse 100 is right around the flat line, andrew. Hey, becky. Weve got so much going on this morning. Weve got this is squawk planner, two major tech events first amazon sales day it begins after it was postponed, if you remember, back in july. Now running two days, starting at midnight tonight eastern time so watch out for that. Ive already scheduled it and then Apple Holding the big event tomorrow the launch event expected to unveil the new iphone. Everybody looking for the new 5g iphone it will include the first major exterior redesign since 2017 and we
Contraction for the australian economy. Worse than anticipated, but investors with a moment shrugging that off. Chinese markets under pressure. Quickly moving it along, having a look at what else is going on out there and doing that, of yvonne. With yvonne lets start with that aussie gdp number. The second consecutive quarter for the three months through june. And thee first first technical recession in 30 years for us trail you Australian Household spending well by 12 as lockdowns and restrictions shut out consumers. The aussie dollar against its u. S. Peers. Theres a new warning about the u. S. Economy with a fed governor ating there is uncertainty head. She told the Brookings Institution that america will be to depend on the fed and policymakers in d. C. As the economy continues to recover from the coronavirus pandemic. She says Monetary Policy must pivot from stabilization to accommodation. Treasury secretary seems to agree with the fed governor, saying the u. S. Economy urgently n
Has they really owe a lot of money in nato and that we have to stand by while the interest on this has been going on for many years that delinquent. Also coming up tonight so what china may be doing to prevent a weak Muslim Minority baby boom and investigation into forced sterilizations and what some say is demographic genocide. Well i dont look possibly we left our identity as women we one never be able to have children again they cut out one of us its gone. And to our viewers on p. B. S. In the United States and all around the world welcome we begin the day with transatlantic ties and what appears to be missing travel and trust this week the European Union is expected to begin reopening its borders to tourism a list will be published of approved countries which have done as well or better than europe in containing the coronavirus the United States is not expected to be on that list the you insist that the decision is based purely on science but it is a symbolic blow to a relationship
And a very good morning to you, thanks so much for joining us, im laura garcia. Im marcus washington. Mike keeping an eye on our commute for us and start with kerry hall with a look at the forecast. In the studio when you know its humid or hot outside its warmer in here and im already hot. Well, its going to be another really warm day. Were going to see more weather like we had yesterday and a few spots it will be a couple degrees but not by much. As we check out san jose and what were headed for this morning. Were starting out for some upper 50s and at noon already at 80 degrees which is our normal High Temperature and were going above that as we check out all the microclimates in the High Temperatures. Expected to reach 87 in the south bay and low to mid 90s in the inland east bay as well as the north bay. Well talk about whats ahead with a cooler and windy weekend ahead. Thats coming up in a few minutes. Mike, you have been watching the roads. How is it looking right now . Pretty ca