Is the appropriate sentence. Today former mams Police Officer zerk Derek Chauvin was sentenced to 22 1 2 years in prison for the Nurd R Murder Last May of george floyd. Hes been the prison since april when a jury found him guilty of several charges all for him holding his knee on George Floyds neck until mr. Floyd was deemed up conscious and he died on a minneapolis Street Corner. He was going to receive a theoretical maximum sentence but the theoretical maximum associated with any particularly crime is put up against statebased snepsing guidelines. Considering the fact that mr. Chauvin had no criminal history, the Minnesota State guidelines for a sneps in this case actually recommended a sort of presumptive sentence of about 12 1 2 years. Judges can depart from those Sentencing Guidelines and in particularly they can depart upward if there are aggravating faeblgts that make the crime worse than that source of base level offense. The judge in this case had ruled that there were four di
Very least the new silver, while bitcoin becomes the new gold, its really difficult to discern what is just for the store of value price movement. And what is all the money printing going on . Because there is a lot of money printing going on. I see that stephanie calton was recently tweeting that she was speaking with gary cohn, who is, you know, an insider, former Goldman Sachs guy whos, you know, becomes part of governments, especially democratic governments. And he says like, theyre ready to print 2 trillion immediately upon biden taken office, and then another 3 chile in the 1st year. Theyre also talking about a trillion in Debt Forgiveness for students who, you know, the stock markets also finally hit 30000. This was something that was predicted back in the late 1990 s. That it would get to 36000. Right. And that was famously a bad call because it crashed down to very far down after that. Well, the metrics that the government knew is inflation are very skewed. So in other words,
Down 600 points recently. We are not near a correction yet on s p, but we are getting there rapidly. I dont think this can be underplayed the virus, the pandemic is really front and center on a global basis, even with an america distracted by an historic moment. Momente and a historic that could possibly sway the election. Lets get to the bloomberg first word news in new york city with ritika gupta. Ritika good morning. The death of Justice Ruth Bader ginsburg has thrust the Supreme Court into the political spotlight. Republican leaders in the senate are hoping to rush through a replacement with President Trump expected to nominate his pick this week. Democrats are warning of a constitutional crisis. If joe budden wins the election but a trump candidate is still confirmed to the Supreme Court. President trump is celebrating the tiktok deal, despite it falling short on some of its key demands. The white house gets a promise of new jobs sources have told bloomberg that tiktok is taking a
Hotspot while infections in india rise at the fastest pace in asia. Zealandsnks new postvirus recovery. We are joined this hour by the rbnz governor, adrian or. Orr. Haidi lets take a quick look at markets. We saw that exuberance over the Moderna Vaccine progress really dissipate quickly. We saw the late session swing when it comes to trading in the u. S. As it has concerns over the efficacy data from moderna causing some concern. Take a look at the futures in asia. We are seeing downside when it comes to futures trading in japan, australia, and hong kong, although we are looking at a little bit more of a positive open when it comes to trading on the mainland, and just also keeping an eye when it comes to Energy Markets as well given that we are starting to see backwardation between that june and july contract for the wti, suggesting some of the storage issues have started to ease. Lets take a deeper look at the markets. Investors are increasingly debating whether the broader stock mar
Reported the news comes as economic output drops for the 1st time in 30 years. And decades of economic mismanagement and devastating drought of left zimbabweans living hand to mouth now the coronavirus lockdown is adding to them is a ring. Of honesty this is it is the poor. Indian also our own does he roy speaks to w. W. In an exclusive she tells us Prime Minister Narendra Modi is exploiting the coronavirus pandemic to incite the persecution of muslims in the majority majority in do nation. Welcome to the program Germanys Health minister says his Country House now got the coronavirus pandemic on the. Told this comes as the country plans to gradually ease lockdown measures in coming days spahn said Germanys Health care system has at no point been overwhelmed the country has seen one of the highest numbers of infections in europe but by comparison low death rates Officials Say thats down to rest of testing in the early stages of the outbreak germanys Public Health institute the whole web