Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on the bulk of the days rally. Only trading for a halfhour. We are seeing a pretty modest start, less than 2 10 of 1 higher at the open. Perhaps some caution there could be more technical difficulties. We are seeing gains when it comes to trading in new zealand. Nikkei future setting off on a bad foot as we are seeing some profittaking. It does look like the vaccine driven optimism and the rather we saw overnight will continue, with s p active futures in the positive. Shery we have breaking news at
Obtain. What you might see is a bit more bitesized approach to aspects of the trading agreements. To get a greater engagement in a more constructive engagement. You talked about the covid recession. We have had a second wave of covid coming across europe in the last couple months. Indicators of the economy show that is causing a double dip in many economies in terms of activity. Youhelpful you are are that we could have a fast recovery this time around and see that vshaped recovery people have talked about . I think the vaccine is going to be a very important story for the 2021. From the irish perspective we moved early on in the early the second wave, the Second Lowest interest in europe now. We are doing very well in terms of the downward trajectory of caseys. Of cases in hospital and icu. Somewhere at the end of this month we move out of what we call level 5. Our schools of state construction has stayed open. Our domestic economy. Our investment side is doing very well. Science and
Of the moon. Thank you for joining us the World Health Organization is warning that europe needs to seriously accelerate its response to the coronavirus pandemic it says a lack of effective Contact Tracing is making it even more difficult to stamp out the virus cases in europe are rising shoppy with several countries reporting record numbers of infections on sunday france amounts more than 50000 new cases for the 1st time italy and spain are struggling with a 2nd wave while hopes for a vaccine are growing in the u. K. The British Health secretary says a government this repairing for a mass rollout in the 1st half of next year but in the United States the Trump Administration has been accused of giving up the fight against covert 19 white house chief of staff mark meadows has conceded the u. S. Is not going to control the pandemic lets get more from our White House Correspondent Kimberly Hockett who joins us now President Trump has been making the argument kimberly that you know this wa
Pandemic has claimed more than 200000 lives in the u. S. The highest death toll in the world what does this mean for the president ial election just weeks away and wildfires ravaging california the amazon and other parts of the planets climate activists are pushing the United Nations for concrete action to protect the environment scientists are on their side many powerful politicians are not. To our viewers on p. B. S. In the United States and all around the world welcome the United Nations General Assembly has held its annual debates as the you when marks 75 years since its founding it was the 1st assembly where World Leaders did not gather in new york city but. Addressed the forum via video because of the coronavirus and did a far from delivering a unifying message us President Donald Trump repeatedly lashed out at china in his speech this prompted un secretary general antonio good terrorist who warns against a quote new code. Lets have a listen now to one of trumps attacks on china
Corruption in chinas elite grower lives in selfimposed exile in the United States hired steve benen as a consultant 2 years ago. Donald trumps planning large reelection rallies despite supporters testing positive for covert 19 at his last event in contrast democratic challenger joe biden has kept his Campaign Mostly online bidens head in the polls but some observers a warning hell need to do more to win the president ial election in november from washington ellen fisher reports. Its. Held a rally by supporters all given a major speech at a packed event almost. Like this gathering with educators. But changing how to campaign during cold it has a heart all recent polls have the Presumptive Democratic candidate ahead one from one with university gives him a 12 point lead over the president most warning for trump is half of all registered voters say he wont be backing him but joe biden shouldnt stop running his inauguration just yet it is still very early we are in the middle of the summer