They are suspending trading in hong kong. We dont know the reason for that but we will bring you the reasons when we get it. Backdrop, the hang seng up by half of 1 . The authority spending a lot of money to defend the dollar peg. That is something on peoples. Inds as people make a rush 0. 5 toi composite, about the downside. Of what istrends going on as far as Market Action in this part of the world. Lets look at some of the first word news. President trump seems to have abandoned any hope of a virus package before the election next hek, telling supporters that sees a deal coming after the votes. Package covid19 continues to soar in the u. S. In newlizations jumped , ando, 50 in wyoming elsewhere in connecticut. France is planning a nationwide lockdown bid one in four airports in europe are collapsed as the virus europe face collapse as the virus stifles travel. Kar inion people in kash were said toince have undergone checks over the weekend. Authorities found five confirmed asymptoma
Way we live the way we work the way they are providing for ourselves but there are Many International challenges none of which we can showed on our own as a nation states member countries in the video countries. And we are noticing. That this had already happened before the pandemic but became more strongly pronounced during its monthly lottery cooperation. Is under a lot of pressure many places sort of pressure which we didnt know for many decades and it changes the world and particularly pandemic i mean looking back at the history of pandemic and actually exacerbate such developments which is why from my angle its extremely important that we fight against these tendencies for the renationalisation and increasing protectionism doesnt mean that one cannot be sovereign in certain areas but all together joint cooperation should really be enforced. But equally we understand. The in part a very aggressive world that we are faced with this. Is a world where we on our own as one member state
Dozens of earnings. Softbank. Cus on nextn move it on to our terminal chart that shows softbank. They have said they will buyback 12 of their shares. Up more than 40 percent yeartodate for softbank. Dollar has been firmly in focus, given what we have been hearing from the fed. The index is down. 4 . Looking for a fifth week of decline for the u. S. Dollar. Gold is up. You have seen a little bit of softness towards the end of the session. Can it break above 2000 and stay there . Crude is at 40 a barrel, up. 8 . There is concern. Is a concern in terms of the pandemic. Point. Own one basis look at lets have a the first word news, kicking things off with the global coronavirus case levels. Passing the 17 million mark. All out with a Record Number of deaths. California had its second deadliest days deadliest day. Texas, hospitalizations dropped for a ninth straight day. Almost 10,000 people in the u. K. A earlystagen vaccine. Almost 1000 new infections in germany. The australians have a cas
The committee on Foreign Affairs will come to order. The chair is authorized to declare a recess at any point and all members will have five days to submit statements, materials and questions for the record subject to the length, limitations in the rules. To insert something in the record please have your staff email the previously mentioned address or contact of the full committee staff. I see that we have a quorum and before i go forward i understand the speaker of the house, miss pelosi, will be stopping by this hearing and i ask unanimous consent she participate in any point she arrives during the hearing. So ordered. There she is. Madame speaker, would you like to make some remarks . Thank you very much, mr. Chairman. I thank you and mr. Mccaul, mr. Eliot engel for having this hearing today. It is with Great Sadness that i come here because we had such optimism and such hope. The u. S. Congress has always spoken in a bipartisan house and senate, democrats and republicans, with one
Cheevers coronavirus cases rise in many parts of the world with easing lockdowns. Also one of englands most diverse cities has been told to continue pandemic restrictions even as the rest of the country is about to relax them and the white house says it will brief democratic politicians on reports that russians funded taliban strikes on u. S. Soldiers in afghanistan. Have you with us its a development that whole cause prodemocracy movement have been fearing for years progovernment told called media are reporting that chinas top legislative body has passed a National Security law for the territory that will crush Political Freedoms the legislation aims to cement beijings control over the semi autonomous territory and reshape the future of one of the walls Major Financial Centers beijing has circumvented hong kong. Only legislature to impose the legislation. Brown is standing by for us with reaction out of hong kong but 1st lets cross over to beijing where katrina you is there for us liv