Military base last year had links with al qaeda. May be as you would recognize government cease control of a key air base from forces loyal to war to be fast on. France and germany a jointly proposing a relief fund worth over 540000000000. 00 to help europe recover from the pandemic their leaders held a Video Conference to discuss going to shift on monday the proposal suggests the bloc bar or the funds together they have think difference is in europe over how to push forward with an Economic Relief plan. Our correspondent is live for us and paris on a talk just tell us more about this planet and how its likely to be received. The german chancellor Angela Merkel and the french president a matter of fact had a meeting of Video Conference and what they have said at the end of that is that they are calling on the European Union to try and norge this 500000000000. 00 euro about 545000000000. 00 Recovery Fund now the idea they say is that the European Union would bore this money off the Fina
A 542000000000. 00 fund to finance the reader of the European Unions economy. On the brink of collapse the mayor of brazils largest city wants its Health Care System has reached 90 percent capacity. The country at the heart of the crowd of ours outbreak thats infected nearly 5000000. 00 people around the world is defending its handling of the pandemic tried is now pledged billions of dollars to fight the virus president xi jinping made the announcement during an annual Health Conference run by the World Health Organization. China will provide 2000000000. 00 over 2 years to help with the global covered 1000. 00 response and to help with economic and social development in developing countries china will also work with the un to set up a global humanitarian response to pro and hub in china. President also told the Virtual Meeting he supports an inquiry into the Global Response to code 19 only once its been brought under control chinas face growing criticism from countries including the u.
Military base had links with al qaeda. Libyas u. N. Recognized government seizes control of a key air base from forces loyal to warlord really fast on. France and germany are jointly proposing a relief fund worth over 540000000000. 00 to help europe recover from the pandemic their leaders held a Video Conference to discuss the initiative on monday the repos all suggest the block bar the funds together there have been differences in europe over how to push forward with an Economic Relief plan. Across find out how to live for us in paris and to just tell us more about this proposal. Or the german chancellor and french president said that this Recovery Plan this Recovery Fund would be used to try and help economic sectors in the European Union that have been badly hit by the coronavirus a pandemic you would also be used to help some Member States countries and regions of the opinion that have really been struggling economically of the last few weeks and will do for weeks and months to com
Nobody wants a second wave. The market starts the week on the upside again. Investors like the get back to work trend and there are several forecasts of imminent recovery for the economy. Secretary mnuchin says there will be a rebound july, august and september. The dow is looking at a 200 point gain first thing this morning. Thats close to 1 . A nice gain for the s p, close to 1 . The nasdaq will be up over a half percentage point. Now, the reason the nasdaq is up, because of this. This week, many Big Tech Companies report their financial position. Strong results expected because the virus lockdown has a more limited effect on these companies. Premarket, most of them are up. But look at oil. No joy for the drillers. They are looking at 12 a barrel and the worldwide glut shows no sign of easing. Over the weekend, the price slump claimed another victim, diamond shamrock. The drillers declared bankruptcy. The price of gas still falling, albeit slowly, about one cent down a day. The avera
So if you are running to go to this particular area, be advised, there is a traffic delay in effect and highway 101. President ial hopefuls are hitting the campaign trail in california today. Democratic antedates Michael Bloomberg are here in the play area. K tvs has more from walnut creek. Reporter were down the street from the event center were Democratic Candidates will address a room full of voters. We are told he will get a short speech. 200 to 500 people are expected to crowd the venue to hear from the bay area a billionaire. Era groups organized the event. They invited all candidates for town hall events and hosted over the summer. The president of the crystal to address Climate Change in healthcare reform along with other topics. We are looking forward to december debate. And so we think that we will get a preview of that. We have very engaged political activists in this club. In throughout. This is an executive and first. Reporter it is for Michael Bloomberg. Prospectus mornin