Has reported a records rise in new code with 19 infections for the 4th day there were all tally now heading towards 25000. And south koreas governing party makes huge gains in the 1st National Elections be held during the pandemic. And in sport californias governor believes the chances of a sporting events taking place in the next few months. Gavin newsome believes Mass Gatherings in his state wont be possible for months. Its 10 g. M. T. And we start in washington d. C. Where donald trump has halted u. S. Funding for the World Health Organization the u. S. President. Is accusing it of mishandling the outbreak and failing in its tootsies he also says the agency covered up how the virus was spreading out of china well the u. S. Is the biggest donor to the w. H. O. Contributing their 15 percent of its budget mike hanna reports from washington. And what has become a pattern president trying to use his podium to parade reporters if you keep talking ill leave and you can have it out with the
With the world news from aljazeera russia has reported a record rise in new covert 19 infections for the 4th day. Heading 425000. And also south koreas governing party makes huge gains in what is the 1st National Election to be held during the panda. Is 1100 hours g. M. T. 7 am in washington where president didnt President Donald Trump has halted u. S. Funding to the World Health Organization he is accusing it of mishandling the outbreak and failing in its own duties he also says the agency covered up how the virus was spreading out of china the u. S. Is the biggest donor to the w. H. O. Contributing nearly 15 percent of its budget well start with this report from mike hanna. In what has become a pattern president trying to use his podium to parade reporters if you keep talking ill leave and you can have it out with the rest of these people if you keep talking im going to leave and you can have it out with them its just allowed me to introduce a number of prominent members of big busin
To introduce a number of prominent members of big business the Construction Labor Workforce International union of operating engineers Jim Callaghan north America Building Trades Union sharon mcgarvie is a lot of friends of mine labors International Union of north america terrio sullivan and to sharply criticized the World Health Organization announcing his administration would suspend funding had the w. H. O. Done its job to get medical experts into china to objectively assess the situation on the ground and to call out chinas lack of transparency ironically President Trump is on the record praising trying to prove transparency in dealing with a virus having what was described as a friendly phone conversation with president xi at the end of march and subsequently tweeting we are working closely together much respect. Once again president tran prepares to be ignoring the principle of the separation of powers legal experts argue that he does not have the right to suspend funding that ha
A funding cut countries show support for the Global Health agency. And russia reports a record rise in a new code with 19 infections for the 4th day of the u. N. Security council edges closer to backing a cease fire in global conflicts that will tackle the pandemic. And unsporting day after it was a new day its have been announced for the Tour De France the worlds biggest cycling race war now will start at the end of august. Thats 1300 g. M. T. And we begin this news hour with the world on the brink of reaching 2000000 confirmed cases of covert 19 well this is the tally by the u. S. Based Johns Hopkins University According to its count about 500000 people have recovered more than 128000 have died as governments continue to grapple with the growing pandemic President Donald Trump has halted u. S. Funding for the body leading the fight the World Health Organization he accuses it of mishandling the outbreak his critics say hes deflecting blame for his own failings. Heres our live Coverage
Confirmed cases. The country has extended its state of emergency through may 9. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. In new york, 1 00 6 00 in london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to Bloomberg Markets. Here are the top stories we are following from around the world. U. S. Stocks are raising gains from what has been a recovery rally. The s p 500 was up almost 2 but losing ground now on a ft report that gilead, maker of remdesivir, may not be as effective. Jobless claims rising by 4. 4 million last week but a number coming in slightly less than expected. Total job losses now top 26 million in the wake of the coronavirus outbreak. In a few minutes, an exclusive conversation with the former National Economic Council Director gary cohn. You dont want to miss that. Lets get a quick check on the markets. 8 , p 500 is up just giving ba