143,000, and nearly 5000 californians have died. There is also a growing concern about an increase in cases across many parts of the country, the governor is halting the states reopening plan as we report help her first professionals are preparing what could be a second wave. Reporter there are now more than 2 million confirmed coronavirus cases in the us, the outbreak is still spreading, as more states accelerate the reopening process, the rate of new infections across the country is holding steady, we are seeing big speightstions to bus and coronavirus hotspots. I think it is time to get back to normal with protection everyone should shop like they used to be. A lot of people are taking the pandemic for granted, they need to be a little more careful. Reporter a growing number of state and local officials are issuing new stay athome orders, in oregon, putting a oneweekold on all applications for reopening. A austin city leader says if hospitalizations continue to climb, they will cont
Revive its. Compound this bird is closed during ramadan cause of coronavirus restrictions. And in sports the English Premier League is stepping up plans for a return to action the league is meeting to discuss what needs to be done for games to take on. Now an agreement among the worlds Top Oil Producers to cut out for that has come into effect it follows a collapse in global prices spurred by a slump in demand because of the pandemic but the deal to cut out for it came with a lot of infighting between major or producers you might remember they met in vienna early march to work out how to keep prices. Stable but failed to reach an agreement in that meeting opec recommended taking 1500000. 00 Barrels Per Day off the market if russia agreed to cut production too well russia refused. Top producer saudi arabia retaliated by announcing a production increase instead a price war lasted nearly a month and prices dropped below 20. 00 a barrel and moscow and riyadh resolved their differences and
Meeting focused on steps taken to improve border facilities to provide medical care as well as medical evaluations given to migrants while they are in customs and custody. [no audio] subcommittee will come to order. The meeting today to receive testimony on the adequacy of dhs efforts to prevent child deaths in custody. The chair is authorized to clear the and recess at any time. Underwood will question. Representative garcia permitted to sit in question witnesses. Without objection, so ordered. Jaclyn was seven years old. Alonso, eight years old. Cordova, 10 years old. An, 16 years old. Carolos, 16 years old. Died in theen custody of the United States government in the past 18 months. They were migrants from Central America who died of preventable conditions that went untreated. Three of them spent the last hours of their lives in detention facilities on the southern border. We must never forget their names, suffering, or the terrible losses their families had to endure. We are here t
Today but we start with todays turnaround after a weekend of threats and a global selloff that saw markets from asia to european drop, u. S. Stocks prove resilient with all tree indexes finished in the green. So faced with one of the most significant escalations in mideast conflict than weve seen in years, investors are Holding Strong could anything shake this market what do you make of the action. Welcome back courtney and tim has been away. Thank you. It is shocking. At one point the vix was 16. 5 and in an environment where the vix has no business in my opinion below 14 i explain it with beginning of the year inflows in a significant way and the fact that the Federal Reserve keeps pumping in liquidity at record paces. Now north of 400 billion since september. At this pace, by april of this year well have exceeded the alltime high for the Balance Sheet for the Federal Reserve which in my mind is just madness. I think that is the explanation. Now the fact that taib contin s continue f
The dow had a close thanksgiving lowvolume trading day. Shanghai on the way up. 6 10 of 1 of the hang seng just. Till 500 points at the moment there below that psychological importance. Lets move along and have a look at some of the other aspect classes that are in play. Taking a look at that taisha in number that came out a short while ago. That has affected bond prices that we see. 10 year yields moving to the upside. Three basis points. This is relatively unchanged. Seven rmb three. Crude oil, 1. 5 up. This is being reversed partly by opecs oil minister saying could be taking place in vienna this week. We could see a deep cut. A cut of 400,000 barrels a day. That means the oil barrels have gone into the action. This is suggesting we have gone through a key level. As a result we are seeing more movement in the downside. True. 8 down. 3. 8 down. In theh price action gold. Certainly, there is little risk there is Risk Appetite will we thought there would not be much Risk Appetite. Lets