Were going to talk more about the tech sector. Is this a market moving event . We will get a take on whether the market should be paying attention to this. The banks are having a big day in europe. It is been a tough day. Barclays traders had a blockbuster Second Quarter. The lender is anticipating that the crisis gets worse. The ceo had this to say. Clearly there has been an extraordinary Economic Contraction globally. Particularly in the United States and in the u. K. A sizable reserve. The vast majority of that are derived by our risk models where we put economic forecasts into the models. Future unemployment rates, gdp rates etc. Those models produced impairment numbers. We think we have been conservative to build proper reserves. Economye how the particularly in the u. K. And u. S. Unfold in the next couple of quarters. We like the comfort of having strong impairment numbers. At the same time maintaining profitability for the bank. Youram looking at Investment Banking business. Fi
Will make an Opening Statement and senator booker and senator blumenthal. The title of the hearing today is protecting the integrity of College Athletics. Like most americans one of the highlights with basketball. And its a lot of fun its going to be really big business with collegeage athletics and its all built around the model and then the challenge that the Business Model is fair without destroying the immature nature of the game with the collegeage Athletic Team thats the end of their career and to get compensated they get scholarships and room and board but to go into the private sector that the College Athletic experience is something i want to preserve and those that will not turn that into their livelihood those that require College Athletics for the opportunities for women and thats a good thing. So at the highest level College Athletics football. The football budget supports everything else. If youre an athlete how do we treat you fairly without turning it all into minorleag
Isaac there is not much agreement we have down here, but that is undeniably top of the list. What we have seen over the past few weeks is both parties coalescing around the idea it is necessary and in the vital when it comesest to my policy with china. It is not just here. It is also our partners around the globe. I think the eu has been more serious around this matter. We have had some developments in terms of Congress Passing limited sanctions and china responding. Note thatrtant to thus far the backandforth between china and the United States has been measured, proportional, and largely symbolic. My call is we will continue to have these back and forths and a degree in headline volatility, but there is no reason to believe leaders on either side of the pacific want to see a massive unwind of their relationship in the near term and theyre battling with issues domestically. There hasyou say, been backandforth in the last day. There is also been backandforth between joe biden and Presi
Have one today, chipotle, the companies that fell a great deal and made a snap back like tulio where it makes it so you can take your Small Business and take it large, what do these things have in common . They are omni channel for companies that would otherwise fail i think its this is ingenuity quarter. I know there will be people who say its a v quarter, i know there will be people who say its because the fed i think its companies that recognize what was the matter and found ways to make money i found it a very inspiring quarter given the cynicism that were surrounded with and the negativity which is frankly overwhelming for many people so you think that even though the fed has bought, what, 1. 7 trillion in treasuries in four months and even as that pace flattens out were going to continue to get innovation like that i find there is Just Innovation everywhere. I had honeywell on last night, theyre solving the problem of the vials with plastic, there arent enough vials to go around
Least 40 percent of europeans believe the blog has shown itself to be irrelevant during the pandemic is nations couldnt count on the help of their fellow states. That are there good morning its friday the 26th of june youre watching R T International where its just gone 10 oclock here in the russian capital our street party in a residential area of london has ended in chaos after police moved in to break it up such parties have been gaining popularity of late despite being illegal under lockdown rules 22. 00 Police Officers were injured as the event turned violent. Oh thank you. But what began as a large scale street party quite peaceful descended later on into Police Clashes on this very street here in angel town in brixton now police were called around the 1 am 2 am mark to try and discuss the crowds from the scene that would seem to be quite alarming footage emerging on social media including a police being hit with bats but also Police Responding in quite an aggressive manner as we