What is described in the west as a russian invasion of crimea is a fact the presence of russian soldiers in crimea can you clarify that. They were could do would have barely spoken of a quote but the most of the most go full of the below. As long ago as 1804 sevastopol the naval base became the main military port of the russian empire on the black sea. During the 2nd world war the heroic defense of sevastopol lasted almost a year and took hundreds of thousands of lives. Therefore the naval base in crimea has a legacy of historical pride for the Russian Black Sea fleet as well as being of huge strategic importance. Those of us alive back then remember when there were soviet missiles put into cuba how frightened americans were and how angry and how we almost went to a Nuclear Confrontation over having weapons of that kind of destruction placed that close to the United States. Just so if the United States considers cuba to be in its backyard. Then crimea lays at russias doorstep. The cons
Confirmed friday. Osaka has signaled its entering a local state of emergency due to the strain on the medical system. Authorities there are calling on people to avoid all nonessential outings until december 15th. Translator the number of people in serious condition will not decrease unless the number of infections falls. We need to practice selfrestraint in the shortterm to save lives. The governor of neighboring kyoto prefecture is urging people to refrain from traveling to osaka as much as possible. The death toll continues to rise in japan. Over the past three days, more than 30 people a day have died. In the week up to thursday, a total of 196 people died. Translator basically, the difference between the virus that spread in july and the virus that is spreading now is not large. I think december and january are really crucial times. Japan recorded over 1,800 infections on friday, bringing the overall tally to more than 158,500. Over 2,300 people have died. Prime minister suga i sho
The 50s and 60s. Warm sunshine this afternoon except for some beaches and then hot inland this afternooafternon hitting upper 70s to 80s and mid 60s in the evening. And we have slight changes in the 7day forecast coming. France is where covid deaths of exceeded 10,000. The states numbers have been inaccurate for a week because of a Testing Backlog in the hundreds of thousands. Our abc reporter has more on that glitz. California. Reporter a july 25th server outage and state certificate renewed ontime. The backlog between 250,000 and 300,000 records will be resolved, giving us a better sense of the total number of tests. Reporter California Health and Human Services secretary, dr. Mark galley admits most of the records are likely covid test samples, however, not all. Without a resolution, the metrics and percent positive remain unclear for counties across the state. Reporter what were getting is correct but were not getting all of it. Reporter Santa Clara County officer says its business
Oppression of muslims. The bank of england is expecting to boost bond buying today as investors watch for hands on yield curve control. Boris johnson and Emmanuel Macron meet in london. Welcome to daybreak europe. Caution coming back into the markets today. Perhaps signals that u. S. China tensions could come to the forefront again. Signaling a reserve ratio cut. Perhaps even on the weekend. Hearing from the governor throughout the is in session, saying that chinas Monetary Policy is still in a normal range. Economic fundamentals are sound. Those comments have given a lift to chinese equities in the asian session. You will see a bit of a retreat. Some weakness in u. S. And european futures. A lot of that seems to be down to second wave concerns dominating among other things. Jpmorgan sounding a warning on market correlation at 20 years highs. You are seeing the 10 year yield to drop as well. Yen strength in g10, aussie the surge the Unemployment Rate in australia. Oil dropping on u. S.
For the rest of the year well get a bunch after the bell including netflix. President trump is set to meet with new York Governor Andrew Cuomo this afternoon key relationship for the country and our pandemic response, which has been marked by tension and cooperation in the last few weeks. Well bring you that as soon as it begins. Were expecting that within the hour ahead on todays show, a key move for earnings. Netflix, chipotle, Texas Instruments and snapchat gear up for results after the close. Full coverage of those names and ana analysis of the reports when they come out. And how volatility has impacted brokers. Well speak with chairman Thomas Peterffy after the numbers hit were down 2. 8 on the s p 500 oil very much in focus energy the best performing sector today, only down 0. 6 well dig into all of that coming up for you. Mike santoli is tracking that market selloff. We have got the cohead of oil trading, ben lucker, important guest to join us to discuss crudes unprecedented vol