A day after starting self quarantine she has tested negative for the virus and pressure building to postpone the tookie olympics japanese Prime Minister today phonology for the 1st time that the summer games may be delaying canada and australia say they will not be sending their teams. I burnt off to our viewers on p. B. S. In the United States and all around the world welcome the head of the World Health Organization says that the coded 1000 virus continues to outpace efforts to contain it and that cases of the infection. More than 16000 people around the world have died of the infection here is what the head of the w. H. O. Said just a few hours ago. More than 300000 cases of corbett 19 have now been reported to w. H. O. From almost every country in the whoop thats heartbreaking the pun demick is accelerating it took 67 days from the 1st reported case to reach the 1st 100000 cases 11 days for the 2nd 100000 cases and just 4 days for this. 100000 cases theres some disturbing numbers t
Joining us from new york this morning, antoine hope, hes a Senior Research scholar at columbia universitys center on Global Energy policy. Here to talk about oil prices. While were experiencing these tensions with iran. So, mr. Hope, lets begin with the history of the United States getting its oil from the middle east. Tell us about that. Right. Well, the volumes that are imported from the middle east have decreased dramatically in the last few years with the increase in election. But, in fact, the middle east has never accounted for very dramatic share of u. S. Imports. There was a time when there were significant imports from saudi arabia, from kuwait. The reason why the u. S. Has been playing the key role in keeping the shipping lanes safe in the gulf is not all about imports into its own country, its about the stability of the market as a whole. What is how is the market handling u. S. And iran tensions . Its been quite remarkable. There hasnt been much of a reaction. There was a k
Exchange. This is where we bring you todays market moving news from all around the world. Frombeijing to beirut, istanbul to washington, our bloomberg voices are on the ground with todays top stories. We have chinese pmi numbers that beat expectations, a positive sign as the sectors improvement is crucial to stabilizing the chinese economy. Joining me on the telephone is beijing. s bureau chief how much encouragement should we take from these numbers . Reporter it was slightly higher than what economists expected. New orders also moved into expansion for the first time pointing toall signs that economic slowdown may be reaching a bottom. Looking into 20 20, we also have indications that Infrastructure Investment is going to increase, and hopefully some of that takes. Of course, if this socalled phase one trade deal with the u. S. Comes to pass, that will involve tariff rollbacks, which will also be a boost for exports. Positive signals here in china. Thank you so much. We go now to the
Days well see what the last second to last trading day of the year has in store for us road map today starts with the recordbreaking year for stocks. The s p within striking distance of its best yearly gain since 97. Plus, teslas china play, the automaker ruling out first sedan from the shanghai factory with ramping up next month. We begin with the year end rally and the record run for stocks mike, it has been quite a year and we go into 2020 seemingly with a lot of momentum. Been a very, you know, kind of orderly low drama rally in december a lot of folks say we may be set up for a pullback. I think we keep having to remind people, it has been a great year, successive record highs for much of the year we started in a deep hole. I think thats important not to sort of downplay what a Strong Performance stocks have had had this year, but to point out theyre not necessarily all that far out on a limb because theyre up 30 of the 12month basis because theyre up about 11 from 15 months ago,
Send the articles right away and there is this pressure theyre trying to bring to bear on Mitch Mcconnell and the republicans to have more than just a pro forma trial. That is righta and this is an idea that has been floated by people outside of congress to say this is how democrats could insist on getting witnesses like john bolton and mike pompeo from the trump administration. It has become a bit more of a political confusion then pull oc intended for it to bit the nancy pelosi intended to be. She was asked about it and had an unscripted moment where she said she was not happy with the senate trial, but even her top deputies were surprised and admitted behind the scenes that was not their first plan a. David thank you so much to anna from washington. Now we turn to los angeles where our chief washington correspondent is in los angeles for the president ial debate. What are we expecting . Kevin seven candidates will be on stage. The toptier candidates dynamics have not significantly c