A spirit of compromise and ambition is to take the risk of returning to harder times and for some who are concerned about that in the end it may end up costing us even more pensions are on the rise in brussels as leaders are struggling to reach a compromise over Coronavirus Relief straight ahead we analyze the blocks cope with 19 response plus as with cases like in some u. S. States economies are beginning to close down yet again where does the nation stand amid the outbreak well bring you the latest markets are moving on some major shake ups on monday but what does the future look like well bring some expert analysis on board we have a packed show today so lets dive right in. And it has been 4 days of arguing insults and just plain old frustration as european leaders have been battling over the passage of an unprecedented 1. 00 trillion euro e. U. Budget which includes a cur. Virus Recovery Fund now the summit which was originally expected last just 2 days has dragged out amid walkouts more insults and even french president emanuel mccrone slamming his fist into a table out of anger now despite these frustrations mccrone and other e. U. Leaders are confident they will reach an agreement. To not meet a spirit of compromise and ambition is to take the risk of returning to harder times and for some who are concerned about that in the end it may end up costing us even more so i will continue to fight on these subjects in particular with german chancellor Angela Merkel since as you know we have worked a lot together over the past few days and nights. I have to honestly can best that we still have differences of view between various nations personally i think a chance to reach a deal that theres a will between countries the elements to build a working agreement i there but its far from starts anew good afternoon last night after a long negotiations we worked out a framework for a possible agreement this is a step forward and gives hope that an agreement may be reached today or at least in agreement is possible im very glad that we the president made the push in may for a really substantial program in this exceptional situation that has now been the basis for the commissions decisions and that is why it has been possible to agree on a considerable portion of grants and that is the answer we need for an exceptional situation it was clear that the negotiations are incredibly tough. And joining us now to discuss the heated debate cohosted investigative journalist ben swan and board member of the British AmericanBusiness Association hilary ford which thank you both for joining us to discuss this now and we are going to start with you what are the main points causing such friction between all of these e. U. Leaders met in brussels well pleasure to be back brenton you are right there is fiction now theres been considerable fraction has been friction for days at the crux of this is sort of 2 major issues about the same thing there. The northern nations and actually theyre no theyre known as the frugal 5 the netherlands austria denmark sweden and they they have all gotten together and they actually have decided that they would rather have grants rather than loans and they have put pressure on the other nations the more needy nations spain italy greece to accept more in terms of just you know rather than grants they want to be loans that are repaid back thats the big issue so is the amount the amount of disputed 750000000000 it sounds like the agreement has been made a lot of concessions to be made by this frugal 5 that they will now accept that there will be quite a considerable amount in terms of grants it looks like 390000000000. 00 in terms of grants and 360000000000. 00 in terms of love so thats the issue how much and how it will be repaid what the northern nations want is they want to limit the costs and they want to impose fiscal constraints and fiscal responsibility on these other nations. Theres been a lot of tension between leaders of various countries as as we just know to play some sound here from the whole garion Prime Minister. I dont know what is the person whole reason for the dutch Prime Minister to meet hungary but hes attacking harshly and making very clear that because hungary is opinion does not respect good rule of law must be punished financially dug through sponsorship which is not acceptable because daddys little decision about what is the rule of law situation in hungary. Why are there so much tension it really just hurt feelings here between the hungry. Well its really interesting to watch whats happening here brendan as hillary was saying you know that its kind of this separation between the fruit fly than these other european nations but its really. Reached a personal tone. A lot of this you heard right there the language that was being used you know why do they hate me personally why do they hate our country why do they hate hungry and so you see these very Strong Language being used one thing i think is happening there is when we talk about you know religion you talk about family or you talk about money things become very personal and in this case you have nations disputing over money how much is going to be spent who gets it how its all broken down hillary did a great job of explaining all that but i think one other point to this is you have Christine Legarde who is the president of the e. C. B. The European Central bank who is essentially kind of sticking her nose in all this is well saying it needs to be an ambitious plan a big plan and if you come with a kind of a or a small or a careful plan as the frugal 5 would probably call it then thats not going to get it done thats what needs to be extremely ambitious but when you use language like that youre really kind of pushing everyone who are leading them to say theres only one right way to do this and i think thats what youre seeing is a complex here over whether or not theres only one right way there are many ways remember as you said this was supposed to be a 2 Day Conference thats going on for days now and plus and now its the longest meeting since 2000 and all of this you know hillary i want to play some sound from the austrian chancellor here. Susan says this is a serious issue because i believe we can make lazy compromises here there was a certain degree of flexibility among many countries who we spoke to countries have agreed that we will hold on to a very clear position if youre not willing to go below a certain limit that will certainly make certain debates and discussions necessary and now hillary there is a difference geographically between nations over this it seems like well the Northern European nations are pushing for a smaller Recovery Fund as we just mentioned and they also want to limit how payouts are actually split but why is there such a geographical disparity well i would say to that graphical and its also cultural and ben just so aptly mentioned that when you get to issues. Personal like religion or money it can become quite contentious and i think what youre seeing here is youre talking about a difference in cultural sort of work ethic and financial they can terms of austerity in the way that countries deal with money you mention the personal issues you know i think it was the you know the dutch Prime Minister has said he said look its not like i would be inviting other people to my Birthday Party were going to eat birthday cake and after this we had to represent all nations and were experts of this what is very reminiscent of actually is sort of trumps america 1st these elected officials have gone to bid for their electorate a mock route is under considerable pressure from the electorate to be fiscally conservative the dodge already contribute a great amount of vast amount to the European Union budget so in terms of your answer about geographic i think what weve got to bear in mind is this is very reminiscent of bracks it britain and actually the dr being accused of not remembering David Camerons sort of contentious approach to and ugh we all know what has happened now with bracks it so i think what youll seeing is youre seeing the cultural difference differences that yes they play out geographically the latin countries the south versus those sort of hard work ethic those nations with the hard work ethic of the north and thats what youre seeing and this is deeply cultural on there are deep resentment resentments from the doc who worked very hard to contribute the most just like the british had it feels like as if in the us context its different god the governors came from different portions of the country had to negotiate a budget together where congress is kind of more built for its very were right and youre right brant except that the every day only difference is youre totally right the only difference is that there are even more cultural differences in europe in america i mean things are very different between new york and wisconsin with the whole debate about mosques in your of the cultural divides are obviously yes far greater absolutely are not very quickly how important is this deal considering how difficult the process has been so for well i think everything that were talking about your demonstrates one very important fact there will not. Be a 2nd round of these discussions it has to happen this time so whatever you get is what you get theres no way were going to be back and having a 2nd round of talks about a 2nd coronavirus recovery package and who gets what but in the it cant happen so i think its very important that whatever they determine i think everyone recognizes you get one shot and thats all you get boom bust cohost ben swan and hilary ford which of the British AmericanBusiness Association thank you both for breaking that down for us. And we have been talking for months about the big bucks made by pharmaceutical companies amid the pandemic we have seen companies in varying stages of development of vaccines and treatments for coping 1000 have exponential stock growth but this includes the likes of. Novio and novaks just to name a few on monday u. K. Based biotech firm synergy and its stock spiked more than 500 percent after reporting their experimental drug was mostly successful in preventing serious symptoms related to cope 19 in trials the companys s n g 001 drug reduce the odds of a patient developing severe symptoms including the need for a ventilator by 79 percent compared to patients receiving a placebo now adding that those who received the drug were 2. 00 to 3. 00 times more likely to recover from cope with 19 now the trial involved 220. 00 subjects in the United Kingdom they say more analysis from the trial results will be disclosed in the coming week and with all that in mind lets go ahead and take a global look at the spread of the virus with r. T. Correspondent side to side where are we worldwide sobran over a 24 hour period over the weekend the world nearly 260000. 00 and new cases a new record which brings the total of global number to over boy 15. 00 d 6000000. 00 now 30 percent of the new cases are coming from the us which now has almost 4000000 cases now deaths were also on their eyes on saturday. We saw the highest one day increase since may which brings the global death toll to over 600002 us the deaths have now surpassed 140000 now which also accounts for a quarter of the worlds death now globally heres whats happening right now india recorded at least 40000. 00 new cases on monday the highest single day total so far now in some less affected areas around the world and countries here are some aggressive measures officials have taken that i want to talk about so theres been a new restrictions being in place that israel after new surgeon cases strain is also now putting new measures in place in response to new case numbers even though they have just over 12000 cases in israel or over 51000 and also the bahamas a top tourist destinations for americans is banning travelers from the u. S. Which really shows you all that the numbers here arent so high the number of cases happening in the u. S. It shows you what other countries are doing that is so aggressive right here even in their case numbers are so low and then on the economy front just from february to may more than 6000000 people in the u. S. Sign up for food stamps and that number is likely to continue as billions in unemployment assistance is set to expire this month and then on the testing front in order to keep up with the massive demand for testing the u. S. Food and Drug Administration has given an emergency approval for top lab commercial labs to start using pool samples for testing which essentially means that samples from up to 4 people can be tested together and if there is ult comes back negative that means Health Officials will know that all the individuals that test that the virus will be negative but if there was a positive result then it would be followed up by individual testing but many fear that this would just add more chaos and confusion because in some states like texas and arizona. Some people already waiting in line for hours to get tested so imagine telling those people you might be positive and then have him come back to get tested again when you think about all this with whats happening in the u. S. Where are the hot spots right now so heres some hot spots that actually broke some records over the weekend in california los angeles just reported the highest number of hospitalizations in just one day and on saturday both georgia and North Carolina reported a single day increases again on saturday and arizona they reported their highest death count system pandemic with a total of 147 deaths and then in florida which has been one of the hardest states to be over 9400 patients are currently hospitalized while the state continues to break its own single day case record now Florida Governor run the centers claims that the reason for the high number of cases is due to the widespread testing but thats not necessarily the case brand so i want to do a comparison of florida work country it would rank number 9 in number of cases worldwide and then to draw your comparison for our viewers i want to cheat florida as a country now for example take a look at florida has over 362000 cases are constantly hearing that the numbers in the u. S. From leaders is because there is more testing but this right here shows thats actually not necessarily the fact so florida theres been over 3000000 tests right there have a population of 21000000 so they have a testing rate over 14. 29 percent but if you want to compare that to a country thats comparable to florida which is australia they have 25000000. 00 population now their testing is also over 14 percent but take a look their total cases is a little over 12000. 00 a huge difference from florida and then you want to look at it only which was really criticized in the beginning for not actually containing the virus. They have over 244000 cases now their population is 60000000 right triple of florida and they did over 6230000. As theyre testing mate 10. 38 percent not taking a look at some of the other European Countries germany and then there is france look at the numbers 23203 over 1000 cases for germany in france over 174000. 00 but then take a look at the testing for example in france they did 65000000. 00 and in testing they had a 4. 15 percent positivity testing rate but if you want to look at their if you want to compare it to their population still it doesnt make any sense why florida has so much higher cases and then we look at china i mean they have taken they have over 83000. 00 cases they did over 990400000. 00 total has a population of 1430000000. 00 theyre testing rate 6. 29 percent so again if you have to do with more testing florida should actually to total cases should be a lot lower than these countries that you see its right here so what are we hearing about the leaders that the numbers all contribute it to more widespread testing in the u. S. That is not necessarily the truth and these numbers right here tell that story brant argy correspondent sorry savage or thanks for keeping us up to date. Tara time now for a quick break but here because when we return markets are on the move to start the week but whats driving games and what lies over the horizon straight ahead we welcome to blacksburg analysis to break it all down as we go to break here are the numbers at the close. Tara reid outbreed i turn on the t. V. On the about the world of whats happened in the around me i see shows on the screens but in last every day because the fake news narratives that a state these 2 maybe cooling his clock build enough business with tom f. The plumber brick by brick globalist the make a plan how plenty off that in this war but i found a network that will question science great proves that space civil strife Climate Change stop it will be a cool simplify lists all the mainstream wants to do was keep us cool like you watch those right you cant keep a stylist critical points these focus fake few questions inside direct we dont take sides we walk the dog our t. V. Im a work of means real talk. You cannot be vulgar with yeah your what. Im holland cook i invite you to climb with me above the main stream media mire and from that higher fan teach to glimpse the big picture question more. And welcome back u. S. Markets are still running on the back of strength from the tech sector as the nasdaq continues its record run led by amazon Facebook Netflix google and microsoft you know the tech names meanwhile the dow and s. And p. Are struggling to stay flat popping just above even line midday here on monday traders are now shifting their focus from earnings to stimulus as lawmakers begin negotiations on a new stimulus package earlier this year a 2 trillion dollars package was put in place which expanded benefits for those laid off during the pandemic however these measures are set to expire later this month for more on the markets saying and the state of the economy lets go ahead and bring in expert analysis from toby spitz c. E. O. Of Transformative Research and blue bus cohost christi i thank you both for being here today kristie what are the expectations from a new stimulus package well right now consensus exp