Rally has fed into crude. Propelled thates price. People look beyond the covid to a look beyond to a returned to normal. Gold pretty much stable appeared bitcoin at record highs. Up about two thirds of 1 . We have a u. S. Dollar index unchanged. Lets have a look at the copper price. Copper advancing. The highest price and a more than six years. It is under president elect joe bidens formal transition. The hope is there will be a move toward a Lower Carbon Energy future. That britain the outlook for its demand. As has what is going on in china up. Joining in all of that. Lets have a look at the transition in more detail as we get over to new york and join Karina Mitchell for the first word news. Introduced biden has his foreignpolicy and Security Experts as he seeks to calm relations with International Friends and foes. The president elect is promising a multilateral approach, reversing the America First tragedy of the Trump Administration. He will prioritize ending damaging executive o
Anchor alibaba investors headed to hong kong. Under threat for the covid19 resurgence, the Unemployment Rate will jump in the next two months, and the republicans launch their National Convention on monday, with a new poll that suggests their supporters like the economy and the government handling of the coronavirus. Lets get a quick check of how the markets are trading, up 2 10 of 1 , this, of course, after we had another rally on friday session, the nasdaq gaining 4 10 of 1 . Data,e plaza positive and a record in july helped by chief borrowing costs. Homebuilders lead that round in the s p 500, which was up for a fourth straight week. We have seen really records for the s p in the last week, and the sector that gained the most ground was tech. In the moment, Holding Steady after gains on friday, but we trend, down around 10 since the march i. Taking a look at what oil is doing, reversing some of the losses we saw on friday, above 42 a barrel at the moment. We saw it pare back the wee
Children trapped in refugee camps and greece as the threat of the coronavirus looms the situation is looking bleak for. Im sumi so much going to its good to have you with us germany has started to ease its coronavirus lockdown some smaller shops are being allowed to reopen and students in some regions will be allowed to take exams but social distancing and other restrictions will remain in place and most schools are not due to open for another 2 weeks Public Health experts have said the virus is under control now the latest figures from the up at Caucus Institute for Infectious Diseases shows that germanys confirmed the coronavirus cases have risen by 1775 to nearly 142008 is the 2nd consecutive day that the number of new infections has fallen and the government is also warning people not to become complacent because it could lead to a resurgence of covert 19 but shop owners are relieved that theyre allowed to ramp up again. Reopened at last retailer patrick cooler in brooklyn near the
Thanks for joining us here with your global headlines update this is r. T. International. Lets start with the latest figures in the code 900 pandemic the number of cases worldwide has now surpassed 1200000 the United States has the largest number of infections followed by spain and italy 69000 people have lost their lives 266000 have recovered. And. Germany has accused the us of modern day piracy for allegedly seizing a plane load of respirators in thailand that was intended for berlin the us president this week invoked wartime powers to prevent other countries from getting hold of protective facemasks during the ongoing pandemic and donald trump defended the move. We need the masks we dont want other people getting and thats why were thats why were instituting a lot of defense production act. He could call it retaliations because thats what it is its a retaliation if people dont if people dont give us what we need for our people were going to be very tough and weve been very tough usu
Here with their global news update this is r. T. International thanks for joining us. All start this hour the latest figures from the covert 19 pandemic the number of cases worldwide has now surpassed point 2000000 the United States has the largest number of infections followed by spain and italy 70000 people have lost their lives 271000 people have recovered. Germanys accuse the u. S. Of modern day piracy for allegedly seizing a plane load of respirators in thailand that was intended for berlin the u. S. President this week invoked wartime powers to prevent other countries from getting hold of protective facemasks during the ongoing pandemic and donald trump has defended the move we need the masks we dont want the people getting it thats why were thats why were instituting a lot of defense production act. You could call it retaliations because thats what it is its a retaliation if people dont if people dont give us what we need for our people were going to be very tough and weve been