And europes weak again, dax down for a fourth consecutive day and empire, our first december number comes in soft, raising eyebrows, a fivemonth low. Movement on tax plans, were awaiting this morning to see the combined conference bill and Details Behind which cuts and deductions survived. Plus the latest on disney and fox, including the bid the murdochs said no to. A busy morning f stocks on track to erase thursdays losses. Yesterdays worries about a setback were sparked by senator rubio saying hes a no vote unless the Child Tax Credit is expanded they are trying to find ways to pay for maybe that additional deductions, its going to cost 200 billion, perhaps they let some individual breaks expire here early well see. Its very interesting that the market went down and dow went down 70 points on worries about rubio, maybe Something Else or other senators now there really is great uncertainty and the market is going back up. The uncertainty right now is higher than it was when the market
The senate has confirmed president Donald Trumps pick to run the white house budget office. South carolina congressman Mick Mulvaney squeaked through the senate on a 5149 vote. He will represent trumps fiscal 28 at request to congress in the coming months and said he would recommend Infrastructure Spending and military spending. Skiing at europes Mountain Resorts this month, enjoy it while it lasts. Researchers say the impact of Global Warming could decrease as much as 70 of the snow cover in the alps by the end of the century. Researchers are trying to determine how much snow could he saved the countrys deliver on the paris agreements to tackle climate change. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Joe we are 30 minutes from the close of trading here in the u. S. Scarlet . U. S. Stocks slipping with the s p 500 on the cusp of ending a sevenday rally. President trump defending his ,enure in the whit
A loss of smell or taste. And ten weeks on from one of the worlds most stringent lockdowns bars, restaurants and hairdressers begin to open again in italy. Welcome. The us has launched a scathing attack on the World Health Organization at its annual meeting of the Member States. Us Health Secretary alex azhar said the who had failed to obtain the information that the world needed which cost lives in the pandemic. Have a listen. In an apparent attempt to conceal this outbreak. At least one member state made a mockery of their transparency obligations with tremendous cost for the entire world. We saw that who failed at its core mission of information sharing and transparency when Member States did not act in good faith. This cannot ever happen again. The status quo is intolerable. Who must change, and it must become far more transparent and far more accountable. The who hasnt yet responded to those allegations. And although the us Health Secretary didnt name the country explicitly previo
A loss of smell or taste. And ten weeks on from one of the worlds most stringent lockdowns bars, restaurants and hairdressers begin to open again in italy. Welcome. The us has launched a scathing attack on the World Health Organization at its annual meeting of the Member States. Us Health Secretary alex azhar said the who had failed to obtain the information that the world needed which cost lives in the pandemic. Have a listen. In an apparent attempt to conceal this outbreak, at least one member state made a mockery of their transparency obligations with tremendous cost for the entire world. We saw that who failed at its core mission of information sharing and transparency when Member States did not act in good faith. This cannot ever happen again. The status quo is intolerable. Who must change, and it must become far more transparent and far more accountable. The who hasnt yet responded to those allegations. And although the us Health Secretary didnt name the country explicitly previo
This is bbc news with the latest headlines for viewers in the uk and around the world. For the First Time Since italy locked down ten weeks ago, people are able to visit shops, some restaurants and hairdressers. Weve a special report from milan. More than 15,000 People Killed in this region, almost half of all the italian deaths. And economic pain is intense, one in three businesses here dont plan to reopen today. So milan is coming back to life, but the wounds run deep. New measures on trains and at stations as people return to work in england. Security guards with crowd Management Training are on hand. With two weeks to go until some Primary School pupils in england return to the classroom, the government says plans are in place to protect teachers and pupils. Northern ireland is taking some steps towards easing its lockdown with Garden Centres and recycling facilities re opening. The mayor of brazils largest city, sao paulo, warns its Health System could collapse as demand grows for