Elections and students arrested for online posts and a beijings new security law. And a suspected russian mercenaries are detained in belarus accused of trying to disrupt an upcoming vote. So theres more proof of the devastating impact of the coronavirus pandemic with the United States seeing its worst economic slump since 1940 s. Its economy has shrunk at the fastest pace on record all down 9 and a half percent between april and june and in the past week another 1400000 people applied for jobless benefits the same time europes biggest economy germany has plunged into recession shrinking by a record 10 percent the pandemics wiped out nearly a decade of growth there and now u. S. President donald trump whos talked of the strength of his countrys economy is asking whether novembers election should be disposed. Well lets go straight to our White House Correspondent complete kimberley still missing figures on the spectacular decline of the u. S. Economy i think Many Americans were shocked
Visits at cspan. Org citiestour. All right. One, two, three. The nationals final rodeo. Theres no place better to be the second week in july than sheridan, wyoming. We put on a world class event and we just love to invite you all to come to sheridan. O say can you see y the dawns early light what so proudly we hail by the twilights last gleaming i tell you what, this week is the biggest week in sheridan. Economically and entertainmentwise. Its good because 89 years ago, sheridan was dead as a doer nail. There was nothing going on. So door nail. There was nothing going on. So some citizens decided, we need to have a rodeo to provide some Economic Opportunity and entertainment and that was their charter and it still is. So here we are 89 years later. Were still doing the same thing and we hope the Founding Fathers will be proud of that. In 1928 and 1929, a financier family named j. P. Morgue be, they bought the historic morgan, they bought the historic p. K. Ranch outside of town. For ye
That theres any need for him to tom and i think the people option only has more damage talking unity if he does trump has made restricting immigration the center of his political platform he has described mexicans as criminals and rapists he referred in obscene terms to countries whose people seek to enter the us and grinned at a rally when a supporter suggested shooting migrants holding says trumps words matter his language has consequences and we saw what those consequences would be that he said bad. Immigrants arent invaders and thats the exact same language that the shooter used in films i say that he wrote explaining his reasons for coming so since the beginning of the year the Trump Reelection Campaign has posted more than 2000 immigration themed ads on facebook using the term invasion university of texas el paso scholar daniel check on says words like that are packed with negative meaning to invade you know a country or region is to take it over to dominate it to be invaded by y
Wednesday, forgive me, before the july 4th break. And the dow, nasdaq and s p 500 all in uncharted territory, still close to record highs despite looking down in the futures. President trumps salute to america speech from last night praising unity and american ideals, freedom and democracy. Thats what this country is all about but dont tell that to the left. They say trump got too political, shouldnt have taken the stage at all on Independence Day. Also, the largest earthquake in 20 years hitting california on july 4th. Buildings shaken, houses burning, highways cracking. But according to reports, no fatalities. We will have a live report for you later in the show. Varney company starting right now. Today we come together as one nation with this very special salute to america. We celebrate our history, our people and the heroes who proudly defend our flag, the brave men and women of the United States military. God bless all those people in the military. That was President Trump at the
We will have a lot of people joining our military. We really needed that. Thatob numbers are so good the military has a hard time youing people and i think will see a big spike. I have already heard a lot of people coming in. There is no place like our military. We had great numbers this morning. Those were really unexpectedly good. Our country continues to do really well. We are going to be breaking records. We dont have a fed her knows what theyre doing so its one of those little things. If we had a fed who would lower rates, you would have a rocket ship. When president obama was here he played paid close to zero interest rates. From election day, we are over 50 increase and we pay trillions of dollars. Last night was spectacular. [indiscernible] i would love a broadband. We are working on it. We should talk about infrastructure and drug pricing. We will be talking very soon about a clause. Other nations pay less for drugs and we do. Sometimes by 70 . We are working on it right now.