Churches burned shops looted violence mars protests in chile calling for more equal society. And fears that repeated attacks in afghanistan could do the real talks to end the war. The number of confirmed coronavirus cases around the world has surpassed 40000000. 00 countries across europe are now imposing more restrictions to tackle the new wave of infections many have seen a Record Number of cases including poland which is turning its National Stadium into a hospital to cope with the influx of patients it confirms with an 18000 cases over the weekend bringing its tally to 175000 its of the. Prime minister is warning there is no time to waste in order to avoid a food locked own mayors will be allowed to close all public squares in the evening to stop gatherings but gyms and swimming pools can stay open for no and around 6000000 people in the u. K. Are expected to face tougher restrictions in the coming days with nearly 17000 new confirmed cases in the past 24 hours alone the worst hit
Innovations in taiwan and germany that could help us through the crisis. Moving on this is a business on robots in better than welcome to the Program Google is warning outside developers to stop circumventing its Payment System and has given dont just one year to comply among the companies in its crosshairs on netflix and spotify both of them have disputed or attempted working around payments on google devices which show a 30 Percent Commission from the tech giant frustration over commissions levied alike by google and apple has been growing among about affairs in recent years. And im joined in the studio by businesses Stephen Beardsley welcome to the program so whats behind this from google. So basically google is saying that it wants to clarify its rules that basically it hasnt been forcing these rules are already been set up its very nice way of saying all right its time for us to start doing this its time for you to start listening and really what it comes down to is as you mention
Couple of things. They are looking at numbers of infected across the world, but also the fed decision. Stocks are struggling for direction. Treasuries pretty steady. It is all about the fed, the policy meeting, and what they will give us in indications. In asia, modest gains in hong kong and south korea. They outperformed in china but low volumes. 1957. 157 lets get straight to the first word news in london with laura wright. James the uks looking at ways to loosen its coronavirus quarantine rules after restrictions on trips prompted backlash. One possibility is abandoning blanket restrictions in favor of regional bands and another is reducing the time passengers arriving in britain need to stay in quarantine. The u. K. And u. S. Voiced concern about hong kongs election after a flurry of media reports the government is considering postponing the vote maybe for a whole year. Hong kongs opposition argues the coronavirus outbreak is being used as an excuse to push off the pivotal election
And we expect a normalization of that. But you need to remember as well that in our case, we have been working to stabilize, grow the franchise, recover some market share, so what we are pleased to see is that underneath that sort of outperformance in the market environment that we have been in, we have seen really good franchise stabilization traction , client engagement, improvement in clients. We think that bodes well for the future. You are expecting slightly higher revenue for the full year. Not too conservative now given what we have seen in the first half . It it would be james would be a normalization but i think an improvement on last years second half. Again, especially in our businesses, where a year ago, we were going through a restructuring and there was some uncertainty around our people and franchise, so with that now behind us, we see momentum in the core business, and we would like to see a secondhalf performance well ahead of last years second half, but we will see ho
Fed set 2022 and what the chairman will say and what i assume will be a Virtual Press conference today. Ofncine we will have plenty market action. We will look at the markets every 15 minutes, including what is happening in treasuries. We had the oecd coming out with their economic outlook. That was released about an hour ago, and the oecd, it is a smarter way of doing it, tom. Forecasting the pandemic would cause a Global Economic slump of 6 here, but if there is a second wave, that becomes a seven point 6 slump. It is a good way of visualizing percent comes a 7. 6 slump. By thewas taken aback differentials between the bar charts of europe and the United States. I did not have in my head how much worse the guesstimate is for gdp decline in the europe verses in the u. S. It is a very good report. Francine it is also because of where europe was in the economic cycle. Lets get straight to first word news in new york city with ritika gupta. Ritika good morning. A warning from jeffrey gund