Her to leave the country its. The summer of protests across the u. S. Ends with rallies for and against President Trump and fears of another coronavirus surge. And iraq warns its hospitals may lose control in the coming days after suffering its biggest single day rise in coronavirus cases. In school Lewis Hamilton puts in a record breaking performance in qualifying for the italian grand prix being the citys driver record at the quickest qualifying lap in f one history to take pole position. Sudans government has declared a 3 month state of emergency after weeks of floods that have now killed more than 100 people it says the country can now be considered a National Disaster zone the nile has risen to levels not seen in decades with overall rates of flooding and rain exceeding records set in the 1940 s. And eightys 100000 homes have been badly damaged or collapsed entirely since late july the un has warned that the situation is expected to get worse over the coming weeks as above average
Good friday morning. Welcome to squawk alley with Morgan Brennan and jon fortt at post 9 of the New York Stock Exchange obviously watching these markets here dow is down 331 after yesterday, deep in the red. The dow, the s p, and the nasdaq are all on pace for their worst week of 2019 tech names getting hit pretty hard, apple, alphabet, facebook, intel all down around 2 , guys this is a period in which trade concerns might result in selling thats a little more indiscriminate than weve seen in recent months and among the tech names, a look at cisco thats down closer to 4 . Some other cloud names not doing so well. You see, dell is down more than that you know, Network Appliance well, that one has its own issues but certainly, hp down 5. 5 a lot of these trade issues rippling through not just the names that have higher valuations or have high flyers, but some of these core enterprise tech names, vm is another onedown almost 8 in this trade if you look at all the major averages, were now
But a different story for amd. Both stocks on fire this year. How to trade them from here. The Halftime Report starts right now. Welcome to halftime good to have you with us on this wednesday. Our Investment Committee today, joe terranova, Jim Leventhal allianz Global Investment strategist we begin with the countdown to the fed today. Thats what everybody is talking about including Steve Liesman who is in d. C. Following the money for us i guess its pretty much a foregone conclusion on a cut i think thats right, scott i think there are some questions as to whether or not the Federal Reserve also were to end its Balance Sheet reduction. Supposed to do so in september a lot of talk on the street that maybe they do that today along with cutting rates doesnt really make sense to be tightening up financial conditions through reducing the Balance Sheet along with cutting Interest Rates and also, i see a big question about the guidance worth taking a look one last time at where the market pos
And now its time for economic news, the board of directors of the central bank has set tariffs for operations with the digital ruble. Transfer payments in such a currency will be free for citizens; the commission for businesses for paying for goods will be three tenths of a percent of the payment amount. And for the transfer between legal entities you will need to pay 15 rub. Tariffs will come into effect on january 1 , 2025. Until that moment , all operations on the platform of the bank of russia will be free of charge. In august, for the first time in the year, the russian budget will receive oil and gas superfluous revenues. Additional revenues will exceed 73 billion rubles. This was reported by the ministry of finance according to the budget rule, if oil and gas revenues are higher than the baseline, the department begins to buy foreign currency by september 6, they plan to purchase a volume of 40 and a half billion. The amount was formed from the expected windfall minus funds prev
A building story, it is primarily about people such as no matter how gruzberg, here i had a house. My grandfather lived there, here, bathhouse stood, the old house was demolished, and the mistress of that, and there was no water or gas glad, well , there was, as it were, but she was in a new apartment. When did the site get into the integrated Development Project . Thank you a huge place of old emergency houses abandoned wastelands began to build a new neighborhood, 29 hectares more than 300,000 square meters of housing, nearly 7,000 apartments. And landscaping and landscaping. Three kindergartens, a school for 2,000 places, a polyclinic will appear here. Actually, this is the explanation of what is complex territory development. The territory, which may be from Industrial Enterprises , which may be emergency houses, which exist there today and with the help of a Planning Project there, and the developers master clan is slowly being drawn into circulation is bought. There, like a patch