This is boom, bust one business show you cant afford to miss friendship or in washington. Coming up, the g. D. P. Of the United Kingdom has taken a major hit to cope with 1010 demick, leading to a flurry of borrowing not seen since. Or in times of peace. Plus, could the European Union be rolling out a Coronavirus Vaccine before 2021 . Straight ahead when to break down the potential for the move and where we stand amid the outbreak. And the later we do a deep dive into the state of the chinese fight against poverty. In fact, shown today, lets dive right in. And we need the program with the latest in the economic toll brought on by the kobe 1000 pandemic. The british economy is expected to contract by 11. 3 percent in 2020, according to the u. K. s office for budget responsibility. Now the o. B. Are also update its forecast for the next few years, predicting growth of 5. 5 percent in 2021 and 6. 6 percent in 2022. G. D. P. In the nation will not return to preclude, a virus levels until t
Still a dollars story. Bloomberg dollar index looking like the u. S. Dollar is steady in the last 12 hours, but on course for potentially its worse july in a decade. The dollar index is flat essentially. U. S. Dollar, yes, i want to focus on this because 103. 50 is a key line. Modest upside for the u. S. Dollar. Japan downgraded from fitch to negative outlook. But you could see further upside. 103. 50 is a line to watch. In terms of offshore currency in the mainland, or in china, 7. 0 is what we are looking at. The euro is modestly stronger against the u. S. Dollar. Gold and silver and the yield story in the u. S. , gold started to modestly moderate. At. 6 is what we are looking silver also taking a bit of profit. Basiseld story, just 14 points for the twoyear and under 60 for the 10 year. We will see what jay powell says on whether yield control is a discussion they are ready to bring forward for the fed. A look atets have what is going on first word news wise as we look at the u. S.
The role the economy will play in campaign 2020. A 9 00 a. M. , Pew Charitable Beth Connolly on how the pandemic has impacted the Opioid Epidemic. Good morning. It is july 15, 2020, a hundred 11 days until election day 2020. 111 days until election day 2020. President trump and Vice President joe biden had plenty to say on everything from the economy to the handling of the coronavirus pandemic to the environment and trade. We are washed asking you to weigh in. What is your top issue in campaign 2020 . Democrats can call 202 7488000. Epublicans, 202 7488001 independents, 202 7488002. You can also send us a text message this morning. That number, 202 7488003. If you do, please include your name and where you are from. Otherwise, catch up with us on social media. On facebook, it is facebook. Com cspan. You can start calling in now as we show you two takes on president Trumps Press Conference from the rose garden yesterday. Here is the headline from breitbart. Donald trump tears into joe b
The first was released last week. Explain the pitch that the camp is making with the spending and Economic Investment plans . Guest sure. What joe biden is trying to do is counter President Trump on the economy. The president won the election on part of a populist pitch to American Workers at feel left behind in the current economy, in particular by making an appeal to the midwest about manufacturing jobs. New plan he put out last week is called build back better. Live laughtle like love, but for the economy. With the former Vice President wants to do is promote more of what he calls a buy American Youth host. He is going to get the government to spend hundreds of billions of dollars more on americanmade products. He is going to take other steps to make the country produce more things here so there are more manufacturing jobs, something that president s and president ial candidates for a long time have promised. The former Vice President is leaning into it here in an effort to take awa
Anuncer this is Washington Week. Corporate funding is provided by when the world gets complicated, a lot goes through your mind. With fidelity wealth management, a dedicated advisor can tailor advice and commendations to your life. Thats fidelity wealth management. Announcer additional funding is provided by the estate of arnold adams and koo and Patricia Yuen through the yuen foundation. Committed to bridging cultural differences in our communities. The corporation for public broadcasting and by contributions to your pbs station from viewers like you. Thank you. Once again, from washington, moderator robert costa. Robe good evening. The divide between President Trump and Health Experts over schools remains a central tension in washington. With the president pressuring governors. This week, he warned that he might cut off federal funds if classrooms remain shuttered. And he urged the c. D. C. To soften its recommendations. This all comes as cases soar. And states are implementing order