Equity markets as a result of rather Economic Data than a growing number of Coronavirus Infections. Stoxx 600 up 1. 2 . German is spanish stocks outperforming. The vix overnight broke out. That is another important signal for what may come. U. S. Treasury yields unchanged. Initially drifting lower after some skepticism. Urodollar up 0. 8 eurozone unemployment data will show if this story around an economic rebound is accelerating. Brent crude on an upside, 1. 2 higher. We had the saudi cuts, the opec cuts, and the demand growth will never return to the levels precovid. Lets get to the bloomberg first word news. The u. S. House passed the sanctions bill in response to the Chinese Security law targeting chinese officials cracking down on prodemocracy protesters. The bill needs to be approved by the senate and the president. The number of daily coronavirus cases in the u. S. Talked 50,000 for the first time. Topped 50,000 for the first time. Mexico is topping spain to have the sixth most
Joins us live and the latest from g7 summit with jon karl and our powerhouse roundtable with Chris Christie and rahm emanuel. And one year after john mccains death. Our country is not well right now. Cindy mccains new mission. Announcer from abc news, its this week. Here now, chief anchor george stephanopoulos. Good morning. Welcome to this week. I alone can fix it, that signature line from 2016 pretty much sums up President Trumps approach to the presidency and this week he pushed it about as far as it can. With a dizzying series of impulsive moves this week, from greenland, tax cuts on and off the table, back on again, a tax on china and the fed. That sent the stock market into a tailspin and threatened the Strong Economy thats been his best selling point for reelection and as we come on the air this morning, a new political threat, a potential challenge from one of his own. Conservative firebrand joe walsh, a Tea Party Congressman now a talk radio host and no stranger to controversy
Coming up the genocide that still haunts a nation silently 25 years after the killing of rwanda men are struggling to do the one thing that could finally let the healing begin talking manslaughter that is thats a local problem and rhonda which reflect the dangerous side to the old man are expected to deal with that pain and grief alone and silence and intently. Viewers on p. B. S. In the United States and all around the world welcome we begin the day with the time that dont like they used to after several days of silence germany today said no no to a request by the u. S. To take part in a Naval Mission to protect shipping in the strait of hormuz now this is a slap in the face for the Trump Administration but it comes as no surprise because germany. Said repeatedly that there would be no new tensions with iran if the us had not withdrawn from that Iran Nuclear Deal germanys act of defiance is also a clear one a firm no to a Naval Mission led by the us well what about a Naval Mission led
Government will say again later today house intends to do with this we have agreed to germany france and Great Britain will coordinate very very closely on this issue with time in this by d. M. Teams so there you have the German Foreign minister clear about that no to a u. S. Led Naval Mission and not so clear about what germany france and the u. K. Could possibly do together or today germanys new defense minister left the door open not we dont know exactly to what take a listen. I gather with france and Great Britain and germany has done everything in the past and the present to achieve a diplomatic and complete solution in iran. In me if i am called and. Like other International Partners we now have a 1st rough proposal such as from the United States about the possible mission. And were currently examining these requirements in close consultation with Great Britain and france and were doing this in particular against the background of our political and diplomatic objectives. In this
Mediator for sudan has condemned the killing of 4 student opposition protesters earlier this week and called for a speedy trial for those responsible demonstrators took to the streets of the city of by eat on wednesday where the students were killed they blame paramilitaries of the Rapid Support forces. The answer from germany no we will not be a part of a u. S. Led Naval Mission to protect shipping in the strait of hormuz an act of defiance that reveals more weakness than stream americas reliance on germany is suddenly not what it used to be neither is europes reliance on itself last week a european led Naval Mission was floated for consideration tonight that idea has apparently been sunk to. Berlin this is the day. The German Governments will not participate in the Naval Mission that was proposed by the United States sleep your mission to tie lead into that site right now we are examining this proposal in close cooperation with france and Great Britain and for the omen and i believe