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Morning. And the nasdaq is down by 182 points a lot of this is whats happening in europe right now. You dont just look at the oversees market but were going to take our queues from what is happening there. You can see the ftse down by 3. 4 and the other markets are down by more and a lot of this is coming in the last few hours. They could be considering a second lock down as covid cases there have soared theyre back to the levels in may. Theyre concerned about whats happening with the number of cases and the hospitalizations admissions doubling every 8 days theyre now looking at 6,000 cases a day and again theres been some talk of a potential second lock down there now they want to make sure that schools can stay open and that some businesses could stay open but just the threat of that, the potential for the second wave coming is enough to push all of the stocks in europe into the red. If you take a look at whats been happening with travel and leisure stocks they were down by 6 earlier ....
Have announced today will provide strong support for the economy. We are saying that roommates rates will remain accommodative until the economy as far along. Leaves stimulus untouched. No move expected either. Todays action could come from south africa as they battle we growth. President trump contradicts his health officials, saying a vaccine could come by october. Deutsche bank says new york city staff can stay at home until next year. 6 00 a. M. In london. Lets get you uptodate with the interpretation of fed speak. Good morning. I take you to ing. Its about the credibility andeen Forward Guidance state contingent Forward Guidance. We got both last night. That makes for more potent situations. Perhaps doubly irrelevant. Annmarie a note this morning saying theres no pleasing some people. What else could the fed have done . Maybe qe. Also talking about the fact, they wer ....
And there is huge crowds of protesters demonstrating against president bush. White. House. Is left. Of the structure was. Called. Hello i mean actually dobby sitting in for Richard Gaisford and youre watching the listening post working from home here are some of the media stories were covering this week in booze the media youre consuming says a lot about which side of the political divide your own are you watching state t. V. Or are you a telegram another book of bombshell revelations about donald trump puts the ethics of the president and the books author under the spotlight. In death as in life iranian general qassam solo money remains a powerful p. R. Symbol for to hand and back to bella who thank you. And the music thats become the soundtrack of the protests. Its been just over a month since i legs under the man whos been president of bellows for 26 years claimed victory in the countrys president ial election its been just o ....
With us. History has called it the great war in the 2nd episode the declining Ottoman Empire forges its alliance with germany and the central powers as the war gives birth to 3 nationalist movements determine the future world war one through our eyes on a larger 0. In jordan this is counting the cost on aljazeera your look at the world of business and economics this week corrupt bankrupt banking and political plans have destroyed lebanons economy people cant get access to their Bank Accounts billions have been moved out of the country. President trump wants to install his own man at the bank oversee latin americas recovery from the pandemic but some nations are opposed to the move. And the case of the gas power plant that wasnt built but the company was awarded billions of dollars nigeria goes to court to reverse that decision. Lebanon is bankrupt its been brought to its knees ....
Protests in the center of the capital where large crowds turned out despite the president s threats look here in the day very tense no protest riot police was back on the streets. Threatening way to not crackdown so people got really worried and scared again but look at this square now hundreds have showed up again defying anything that the president has been threatening theyre calling for him to be they say youre fired. They want him to be brought to justice so the mood has actually not changed at all or after all so the threats have been hollowed it was also a lot of speculation earlier in the day that moscow was getting involved because there was a plane there from moscow that they have right here in minsk there was also some talk about russian professionals working now at the state television but so far police have been absent again from the streets here and people are free to protest again the relationship between look at it and has not been good at all in the last couple of years ....