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A bomb attacks reject the sudanese compensation of. Its own and several latin american countries are expected to reach 1000000. 00 cave in 1000. 00 factions within weeks they include colombia mexico and peru argentina is already there becoming the 5th country to reach the 1000000 mark and that is despite having in force one of the worlds longest lockdowns iran is reporting more than 5000. 00 new infections 24 hours after a record increase in virus related deaths and russia has reported more than 16000 new cases over the past 24 hours and in eastern china hundreds have queued in the city if you for an experimental vaccine yet to complete its Clinical Trials and a chinese firm senior from says is a means to have more than a 1000000000 doses ready by next year what to raise about is live for us in argentina and what is there is in fighting terrorism so the 5th nation and the smallest in the world to reach a 1000000 cases argentina h ....
Now out of germany. I have my screen here on the bloomberg terminal. We can see the number coming in a little bit better than expected. The business number at 94. 6, the survey was for 94. 5, and that is better than the 94. 3 that was the prior meeting. The expectations worse than expected, this is where we thought we might see the disappointment. Indeed we got it. We were looking for 92 and we got 91. 3. Course lower. This is better than the estimate of 96. 9. But bottom line is the is atations down at 90. 8 disappointing reading. Lets look at what is going on in markets, a little data check, the stoxx 600 is up 0. 2 . It has been up all morning long. We even have the dax showing gains, 0. 1 . The cac is up as well as the. Tse, 0. 2 we see the individual indexes rising. The euro falling a little bit in dollar terms. Down . 48 a barrel. Crude coming down as we see the u. N. General assembly get ready to hear Donald Trumps speech la ....
Enough times. Weve heard them enough times, they werent true then and they arent true now. The majority of economists have always agreed that there was another approach the government could have taken, rather than austerity, and we always argued, and we were right, that austerity was a political choice, not an economic necessity. As recently as march, the Party Opposite ploughed on, saying there was no alternative. To look at them how was no alternative. To look at them now suddenly proclaiming an end to austerity after 125,000 excess deaths as a result, after 100 billion taken out of the economy, after the worst decade for wage growth since the 19th century, just because there may be what . An election round the corner. And after all that, after all that, to deliver what is a pathetic sum to spending departments who are on their knees at the moment. Itsjust adding insult to injury. A government not just callous and uncaring, but ....