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Im chris colfer. Welcome to the program, the rally on financial markets. It continues with optimism about the Coronavirus Vaccine and easing u. S. Political uncertainty, pushing global stocks higher. Investors around the world were in a buying mood on wednesday after the dow jones breached 30000. 00 points for the 1st time. Sentiment soared on the prospect of a big scene to ease the pandemics stranglehold on the Global Economy. But the transition of power to president joe biden, president elect joe biden, rather is finally beginning for the highs as well. For more. Lets bring in our financial correspondent in frankfurt. Give us some more reason for this global rally. Chris, to begin with. Theres more clarity and less of uncertainty that investors are looking now beyond the issues of a 2nd wave unemployment high unemployment. And then rather looking at the post pandemic r ....
Will tell you which locations in the bay area plus well show you how theyre adapting to these new circumstances and the pandemic. Coronavirus could cost california tesla as ceo ilan mosque is threatening to leave the state will break it all down for you in a live report. And the coronavirus hits the white house with some people closest to the president falling ill. And now officials are racing to contain the outbreak. Thank you for joining us on this monday may 11th it is 8 oclock, im James Fletcher and im darya folsom and well get to those headlines in a minute first we want to headline the weather which is the meteorologist on travel. Want to jump. Good morning guys, yeah weve got rain work its way back into the sport out something we havent seen in a while now now this morning obviously its pretty dry out there that its really sunny for most areas went in at the Golden Gat ....
I germany where reign supreme there are 47000000 cars on its roads in a cities a choking on dangerously high levels of particulate matter nitrogen oxides and enormous c o 2 emissions the government has bought to proposals for driving bans and speed limits now its decided electric cars full fix the problem. In this new day we need to rid transportation of it c o 2 footprint and electro mobility is a key part of that and switch to get. Going green on germanys rides electric my ability is promoted as the ticket to a clean future and one of the Fastest Growing sectors in the global markets. Seem to be some yeah thats france germany and the e. U. Came to supply 30 percent of global battery demand by 2030. 2 in the. Gym. And carmakers also have ambitious plans. To get shots in the same yard by 20251 in 5 models and the b. M. W. Group will be electric but our electric cars are really the solution. In a way with their bills and you cant ....
Where Reigns Supreme there are 47000000 cars on its roads in a cities a choking on dangerously high levels of particulate matter nitrogen oxide and enormous c o 2 emissions the government has to proposals for driving bans in speed limits now its decided electric cars will fix the problem. In this and then we need to rid transportation of it c o 2 footprint and electron mobility is a key part of that and its way to go time. Going green on germanys roads electric mobility is promoted as the ticket to a clean future and one of the Fastest Growing sectors in the global market. Seem to be some yeah thats france germany and the e. U. Aim to supply 30 percent of the global battery demand by 2030. J. And can make us also have ambitious plans. For the big shots in the same yard by 20251 in 5 models and the b. M. W. Group will be electric but our electric cars are really the solution. ....
Live from the kgotv broadcast center. This is abc7 news. President obama is out on sthe town. Dining with bay area tech titans including teslas ilan musk. It was a whirlwind visit that had him flying through the bay area and speeding through the streets. Sergio was the first reporter outside the Presidio Heights restaurant, spruce, where the president dined tonight. He tweeted the picture of the president s motorcade and he is live where the president is spending the evening. Sergio . The president returned to the hotel this evening after a fundraiser here onrush sheen hill. On russian hill. He came here and then took off on an unannounced dinner event. At that event we talked to quite a few residents who said they were happy to have the president this their neighborhood and a few were even able to go into the exclusive restaurant to vent for a few minutes. Even while the president was in there. Picked the wrong night to go in w ....