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Los angeles is closed. The employees have just said no. And the Magic Kingdom in disney world, they are attempting to open it, even with the virus in florida. When i am looking at the markets, without question, is the derisking going on . The u. S. Yields have really come in in the last 48 hours. Francine you reminded me in the last hour, there was a big move on u. K. Guild. Lets get to first word news with ritika gupta. Ritika good morning the coronavirus milestone keep piling up in the u. S. The number of new cases has climbed over 60,000 in one day for the first time, and texas, california, and florida, all with a Record Number of deaths. In new york city, large events that require permits like street fairs have been canceled through the end of september. The u. S. Is set to take the next step in a response over taxes on technology giants. Bloomberg learned the u. S. Will im ....
Chinas gdp is front and center. Its a huge deal. Right now, we need to get to our first word news. Isnie chinas economy staying close to the forecast. Slowest poorlyhe expansion since 2009. That is set to off set exports. The Chinese Government wants it to grow 7 year. Thed is taking site at biggest play since the civil war. They are backed by a ring in special forces and russian airstrikes. Wave ofuld be another refugees heading west. The palestinians are giving up a wave of attacks on israelis. One israeli soldier was killed and 10 people wounded. The attacker was shot and killed in police say they shot and killed a foreigner by mistake. The Iranian Nuclear deal has now taken effect. All sides will have to start delivering on a promises they made. That means a limiting 95 of your rich enriched uranium stocks. The west is getting ready to lift economic sanctions. This m ....
The EU and U.K. plan to ban new ICE vehicles in favor of EVs, but the move is stumbling and some experts believe the rules should be watered down in favor of hybrids. ....
European auto makers’ profits will fall a bit in 2024. For 2025 darker clouds are gathering with the burgeoning China EV threat and EU CO2 rules tighten.
Europe’s automakers face stodgy sales in 2024 and a downward pressure on profits. Electric cars should be providing some relief but most make losses. ....