Something positive, right, with that rising case count hitting new records, it seems virtually every day, and deaths also starting to move up in knows hardhit states as well with hospitalizations thats certainly been a focus for Market Participants as you guys well know Scott Gottlieb who we follow closely tweeting about the remdesivir news, very encouraged but needs to be confirmed in a prospective trial, appears to be a receipt peck testify analysis of the face three data suggesting a survival benefit in severe Covid Patients. We have made the point many times it is only good news on remdesivir, but lets remember its an infused therapy in the hospital typically for people who are severely ill what we are hoping for and waiting for are significant antivirals that will have an affect on the virus far earlier in its course so that people will feel much more comfortable in resuming behavior because if they were to get it and these were to be available they could immediately take an oral
2. 2 on the hang seng sessions. That should take us below the 100 day moving average. Jakarta, nothing much so far. It would take the trunk of Southeast Asian markets. We should be looking at some steep losses. Mse i china down to percent. We are watching out for that. The bonsall of taking place separately. We are softer in crude but it has not been solved for seven weeks of gains on this. Yvonne it is interesting. When you look at how the little space everyone has been pressing down the slowdown in china. Youre not seeing that and it will markets. We will demand in china is looking strong given the pent up demand in travel. Maybe that is the bright spot to the commodity space. Look at Country Garden, this is the story that keeps on giving in some ways. Your of Morgan Stanley same default risk is moving. All those gains we sell post politburo have evaporated. David s they are on the csi 300 which should be at 3800. What is the price target of Morgan Stanley . Yvonne . 75. David 75 mor
Books and books and Miami Book Fair presented an evening with Cory Doctorow discussing choke point capitalism. How big tech and big content captured creative labor markets, and how well win them back. Choke point capitalism is a call action for the Creative Class and labor Labor Movement to rally against the power of big tech in big media. Cory doctorow is a best selling Science Fiction writer and activist. He is special advisor to the electronic frontier, with whom hes worked for 20 years. He is also a visiting professor of computer science, the open university and a Library Science at the university of North Carolina. He is also an Mit Media Lab researcher. Brilliant. He cofounded the cofounding uk open rights group and coowns the website boing boing. He is the author than 20 books, including novels for young adults, graphic novels for middle grade readers, picture books and nonfiction, books on technology politics. You can follow him twitter at doctorow. And before i think of any mo
Time for a look at the Business News now with tadhg enright. Luxmy gopal, thank you very much. We are going to talk about tax. A new report, funded by the european union, has found that the worlds super rich are still able to pay low rates of tax, despite decades of efforts to reduce evasion. The study says there are still too many loopholes and billionaires are able to pay less than 0. 5 of their wealth. The eu tax observatory, which is behind the report, is calling for a new global minimum tax on billionaires saying that if the richest 3,000 people in the world paid 2 , then it would raise 250 billion a year. Earlier, i spoke to Richard Murphy a Tax Reform Campaigner and professor of accounting practice, Sheffield University Management School and asked how feasible that would be. The good news in this report today is that a lot of measures that are being put in place which i campaigned for over the last 15 years are working. For example, tax havens are now causing one third of the ha
Feasible . The good news in this report today feasible . The good news in this report today is feasible . The good news in this report today is that feasible . The good news in this report today is that a feasible . The good news in this report today is that a lot feasible . The good news in this report today is that a lot of report today is that a lot of measures that are being put in place which i campaigned for over the last 15 years are working. For example, tax havens are now causing a third of the harm that they did and companies are paying more tax. But this report is right, the team that wrote it are correct, the wealthy are still getting away with paying much less tax than they should. Their claim is that that is because of the problems created by offshore. If im honest, im not completely convinced by that argument, they are arguing for this global minimum tax, and i see enormous problems in getting any form of agreement on it, and i was involved in negotiating that many of th