Line tackles the big issues this is shaping the United States its people its economy and the way it deals with the rest of the world the bottom line only. Hello im daryn jordan this is counting the cost on aljazeera your look at the world of business and economics this week cracks in the Global Economy stocks saw to record highs despite the coronavirus pandemic billionaires become richer but the poor get poorer so is it time to finally confront capitalism. Remaking china and the world in president cheese image is the middle kingdom looking inwards as the chill of a new cold war threatens the factory of the world. And global debt saws as government spend spend spend on the world cope with even more debt. Well no nation has been spared from the coronavirus pandemic with 22000000 cases and almost 800000 deaths the Health Crisis is far from over a secondary spikes flare up we may have seen some of the worst economic costs but most pain could be lurking as we head into the final few months
Matter to you. Down to 0. Hey there welcome to the stream home edition im josh rushing and were live from my home today they were talking about the race for a vaccine for kovan 1000 in the novel coronavirus. Person to bring out that this is going out live on you tube and so what i want you to if youre watching on you tube is join us in that you tube chat over there give me some questions to ask questions for our panelists today well get you in caged in the discussion now were talking about cove it covered in 1000 were looking at so far more than 13000000 cases worldwide and this is this is astounding more than 573000 deaths and how long its been around maybe what 67 months yesterday we were looking at 200000. 00 new cases in the world with a bow and the dipping when you see this so about 200000 new cases in the world today right now in about 3700 deaths a day 3700 s. Today there is no cure for it and the best hope out is a vaccine now this is a i want to share with you a comment from a
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That the United States would always have the right to restore the u. N. Sanctions that would prevent iran from developing a Nuclear Weapon we paid a fortune for a failed concept and a failed policy a policy that would have made it impossible to have peace in the middle east by canas following the story for us from washington. In terms of resolution 2231 which is the one which actually set out the or a new nuclear deal that makes very clear that snapback and sanctions can only be called by a country or a member who is a participant in that deal now remember President Trump the us out of the deal back in 2018 so the very strong argument and the legal supposition would be there as no longer a party to their deal by its own definition the us has got no right to demand anything let alone some kind of snapback effect like this and one must remember as well that the deal makes very clear that there are certain parameters that iran must stay within to avoid such a snapback the other members th
Erasing that bounce on the ism manufacturing 0. 25 for the s p 500. Twitter is better on the les stake. Colgatepalmolive doing pretty well. Surprised, but we got down as far as 1. 02 . We see that the twostens curve is at 28 basis points, wider than recently, because the front end of the curve is moving even more than the 10 year. We are seeing a little bounce for oil as well, but it is telling that even with the 2. 5 bounce, we are just below 46 a barrel. Guy here in europe, the german twoyear currently trading at 83. Another six basis points to the good. The bid at the front end, as you mentioned, absolutely being maintained at the moment. The bond market continuing to send scary signals about the appetite for risk. The dollar continues to suffer as well at the hands of the euro , now trading 1. 1132. The story last week was that this is the short story being removed, that this is the carry trade being removed. The market with the volatility we are seeing at the moment does not want