Reached another devastating and unthinkable moment in a pandemic that continues to change our country and our way of life. As we come on the air tonight, more than 200,000 people in the u. S. Have now been killed by the virus. 200,000 lives lost, 200,000 stories left unfinished. And tonight, theres some breaking news that the crisis may once again be getting worse. One of the leading models used by the white house now projects that by the end of the year, the death toll nationwide may nearly double to 378,000. Tonight, confirmed cases in the u. S. Are also increasing, now growing at the fastest rate they have in two months. And the f. D. A. Is reportedly tightening its standards for approving a coronavirus vaccine, dimming hopes that there will be one widely available this year. Once again, thrusting the pandemic into the forefront of this years president ial campaign. Tonight, theres also been another Seismic Shift here in washington with major implications for this years election. Se
China, the u. S. Rejecting chinas claims to the South China Sea. China than sanctioning u. S. Officials like ted cruz and marco rubio. U. S. Futures are pointing higher. We are also looking at what is going on with the virus as well as states like california reversing its reopening plans. U. S. Tenyear year, bonds up. U. S. Tenyear. We saw the dollar gaining a bit of steam against the yen, but seems like we are reversing some of that. Lets look at the boards and watch were Chinese Markets are going to see any reaction to the trade figures. We saw a bit of a pause in the risk rally when it comes to mainland equities, after we are seeing equities inching toward that 10 trillion milestone. Flip the boards and see what is going on there. Smallcap, those rose to follow five year highs. We have basically been flat the last 30 minutes of trade. Shenzhen stocks have been on fire. Hang seng down 184 points right now. Also with the city introducing the toughest virus measures since the pandemic
Not a pretty chart. How concerned is the governor of the bank of england . Governor is extremely concerned. We also had forecast this morning from the ob are, the fiscal watchdog, suggesting unemployment is going to remain extremely elevated and is likely to rise into next year. That will make the governors job in the chancellors job very difficult. The real question is, where does the stimulus come from . Does it come from the treasury in westminster, or does it come from the bank of england . I suspect it will be the bank that does the heavy lifting, not the treasury. Both will have to do some, but the onus is going to fall on the governor. Tom this is the theme of surveillance today. Now that we drift to the end of july, the middle of july, we begin to see gdp data from may and june, the change to Political Economic dialogue. In new york city without first word news come here is ritika gupta. Ritika good morning. Vice president mike pence told u. S. Governors to protect their citize
Delta, some of the Higher Elevations and i would expect a cooler pattern these next couple days look like theyre in store for you. A little bit below average. 60s, 70s and mainly low 80s all right, well, alley was busy yesterday and shes busy again today. We are pretty busy i have to say, youre saying that the forecast is for me because its been cooler and its good news. We can show you in a second some of that fog and the windy conditions in the Traffic Cameras we start with the maps of that problem were following since before 4 00 this morning. All lanes of southbound 680 are now open after the crash that happened earlier this morning caused them to come in and bring some sweeper trucks to clear the debris. You can see it extends up to the 580 interchange all lanes open. It has taken a while to catch up. A report of a crash eastbound 80, this is at central. That is not slowing things down too badly we continue to keep an eye on it. The drive on the east shore freeway, once you get do
Right. Looking at just about. The families. Of people. The feud between the worlds 2 largest economies china and the United States is ratcheting up in a cold war style standoff lasted an hour after chinese officials left the consulate in houston following orders to close that facility u. S. Authorities and officials were forcibly in the building the area was cordoned off and a group of men was spotted trying to break in using tools for their money to enter the building the officials. Seen trying 3 separate entrances without success clean as seen meanwhile taking out rubbish at the u. S. Consulate in the chinese city of chengdu as thought america to vacate the premises on a tit for tat measure. This all comes as a chinese researcher was arrested by u. S. Authorities in beijings consulate in San Francisco shes accused of not disclosing her military affiliations in her visa application is one of 4 visiting researchers who recently faced allegations of visa fraud strongly condemns the crac