People are dying from violent land invasions, their lands taken away for cattle ranching, cattle which then turns into beef, which comes into United States. Yes, people are being killed. Judy all that and more on tonights pbs newshour. Announcer major funding for the pbs newshour has been provided by pediatric surgeon. Volunteer. Topiary artist. A raymondjames financial aisor trailers advice to help you live your life. Life well planned. For 25 years, Consumer Cellular school has been to provide Wireless Service that helps people communicate and connect. We offer a variety of no contract plans and our u. S. Based Customer Service team can helps find one that services you. To learn more, visit consumercellular. Tv. Announcer johnson johnson. Bnsf for away railway. The john s and james all night foundation, fostering informed, engaged communities. More at kf. Org. Announcer and with the ongoing support of these individuals and institutions. This program was made possible by the corporati
The june edition of the World Bank Global economic prospects which relates this conversation, 5 global contraction on global gdp in 2020. It is the deepest global recession since world war ii, and the biggest collapse in income since 1870. Its informed by an assessment fundamental drivers of a long time growth, which will slow capital formation. The dislocation of trade among others. Beyond the headline Economic Growth number, the pandemic is having a disproportionate effect and lower income countries, the large. Dominated by are the sector with limited ability to adjust for covid related measures like confinement. The most vulnerable population in the economy is more exposed. The pandemic is likely to leave a legacy of even wider inequality between and within countries and less the dimension is integrated. It was refreshing to see the report about covid and inequality. As disruptive as the pandemic has been around the world, there is still great uncertainty as to whether we have seen
Good morning, everybody welcome to squawk box on cnbc. Im becky quick here with joe kernen and Andrew Ross Sorkin. A gain of just over 1 the dow now at 25,000. Now the dow is indicated up 162 points the nasdaq closed at its highest day. Now about 2 from its alltime high thats the run youve seen since the lows back in march treasury yields. Theyve ticked a little higher the 10year looks like it is yielding 0. 75 crude oil prices yesterday, crude was up about 4 percent on this expectation that opec plus especially russia will extend those cuts put in place that was good for 4 as seen yesterday. Crude up by 1 to 37. 16 all of this against a tricky back drop. It is powering higher well talk to a lot of folks that will help us through this the need for Solutions Former white house and ceo of j j and they have big news on all of this. Getting an update of what has gone on. Reporting a day of mostly calm in washington, Late Afternoon in st. Paul, staging the protesters protesters ran past the
Leading the way. We await any kind of agreement out of g20 Energy Ministers meeting tomorrow. Vincent absolutely guy absolutely. I think it is going to be absolutely fascinating today and tomorrow. Where are we in terms of expectations from the market . I hear anything less than 10 Million Barrels a day in the market is going to think that aint enough, and as a result of which, we could see crude, which is catching a decent bid right , coming off a bit. I think youve got a whole bunch of things still coming towards us. Jay powell is going to be speaking very shortly. I guess hes got a bunch of questions he needs to answer. It is getting awfully comp located in terms of the number of fed programs out there awfully complicated in terms of the number of fed programs out there. Normally you probably sell a bit of risk going into the weekend. That is not happening. Keep an eye on the norwegian krone, heavily geared towards the oil price. Eurodollar trading 1. 09. The dollar under little bit
Challenge, not only to our Public Health system and our health in general, there is an and normas challenge to our economy and chair powell and his colleagues responded to this crisis. Solutions create of with credit flowing to houses and businesses and prepare the economy so it can recover when this virus recedes. And it surely will, ladies and gentlemen. Your work, sir, and that of your colleagues, is far from over, but we are in good hands under your leadership. Indeed, leaders are tested in crisisf crisis and this tests our leadership in no uncertain terms. You have risen to the occasion. It is safe to say we and all americans have appreciated your calm, decisive leadership in this moment of peril and on behalf of of all of us at brookings, please let me commend you on the powerful example of American Leadership you have set for us all and continue to display every single day as you perform your duties. You are an inspiration and example to all of us. Today, we will shortly give yo