Plan, but Republican Leaders warned the gap remains wide. Mitch mcconnell says the plan contains poison pills. Bloomberg economics cuts its growth forecast for japan, saying the recovery is weaker than expected. This hour brings a survey showing what business thinks. We are getting breaking news crossing the bloomberg. President trump has moved to sign an order which would expand u. S. Mining, citing a threat from china. President trump has moved to expand rare earth mining in particular according to an official. We know china has in recent years have a huge presence when it comes to rare earth mining, which is used from everything from cars to mobile phones. Officials say President Trump has moved to expand rare earth mining for the u. S. There is a political element where union votes will be key going into the election. We will get you more details as they get to us. Lets take a look at the thursday session with sophie kamaruddin. Miers we are watching across the region following tho
On tonights pbs newshour. Major funding for the pbs newshour haseen provided by when the world gets complicated, a lot goes through your mind. With fid a dedicated advisor can tailor advice and recommendations to your life. Thats fidelity wealth manageme. The william and flora hewlett haundation. For more t50 years, advancing ideas and supporting institutions to woomote a better d. At www. Hewlett. Org. And with the ongoing support of these institions and individuals. This program was made possible by the corporation for public broadcasting. Contributions to your pbs statn from viewers like you. Thank pandemic reached staggering new his today, as the u. S. Dea toll surpassed 130,000. 16 statehave now posted record daily spikes in new infections this month. All this as hospitals in the south and west strugglto keep up with the gent demand for care. William brangham has our report. Brangham in many places, it was a subdued holiday ekend; one overshadowed by a virus thats spading with ala
Alleged phone call an apparent trade detente that was apparent flipflops leave beijing unsure of u. S. Policy. Is the first of chinas big touted by the u. S. Administration, we saw the yuan banks to report earnings. Six in terms of the senate how the trade war is affecting devaluation was the largest performance. Shery lets get you started since the beginning of august, when we saw the risk of event with a quick check up on how markets closed. Where the yuan bridged the seven level. Theintent is there from it was a wild ride, with u. S. Chinese site. Dogs paring back gains. The s p 500 finished down. 3 . If we see these levees continue to be raised on september 1 and it is a very financials leading the declines with the 10 year yield falling politically important date for below 1. 5 . He dow gave up 120 points the chinese. It is the 70th anniversary of the peoples republic of china. That is not something the chinese are willing to let slide it was a bit of a mixed picture with volatili
Count them. Im anna edwards live in london. It is 6 00 in the morning. The broader equity picture in asia is quite stable. They posted stimulus from a central bank, entering into the market psyche. Lets have a look at what is happening with the pound. The pound catching his breath its breath after the dreadful selloff we have seen over the last couple of days or so. Down to 1985 levels. The relative index perhaps signaling the plunge may slow. Lets bring up our risk radar justin at you just to show you where the markets are. It is up around half a percent in the asian session. The yen fairly flat at 102. 02. Pause for thought. Abe will be watching foreignexchange and stock markets closely. Lots of talk of cooperation between Central Banks and finance ministers from the japanese. A fairly substantial pickup of 1. 4 . The nigerian ceasefire seems to be having an impact. We will take a look at supply data later. Lets get the bloomberg first news. Central banks have been reacting to brexit
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