We’ll soon close today’s blog. Here’s a look at some of the highlights of the day:
The U.S. economy can gain advantages if the country shuts down sharply for 4 to six weeks, a senior Federal Reserve official said Sunday, adding that Congress could very well significantly add giants of cash for coronavirus relief efforts.
The economy, which suffered its biggest blow since the Great Depression this quarter, could mount a forged recovery, but only if the virus is controlled, he told CBS Neel Kashkari, president of the Minneapolis Federal Reserve Bank. The Nation.
“If we don’t do that and this virus spreads across the country with local outbreaks and blockades for a year or two, which is possible, we’ll see a lot more corporate bankruptcies,” Kashkari said.
“This will be a slower recovery for all of us.”
He said Congress is in a position to spend a lot on coronavirus relief efforts, because the country’s budget deficit can be financed without relying on external borrowing, given the savings made through Americans.
“Those of us who are lucky enough to keep having our jobs, we save a lot more money because we don’t move on to restaurants, videos or holidays,” Kashkari said.
“It really means that we have a lot more resources as a country for those who have been fired,” he said.
The Democratic-led U.S. House of Representatives passed a $3 billing relief bill in May, while Senate Republicans, many of whom expressed considerations about emerging debt, responded by proposing a $1 billing aid program last week.
Efforts to reach compromise appear to have stalled.
In an interview with ABC’s This Week on Sunday, Treasury Secretary Steven Mnuchin said President Donald Trump would spend whatever it takes, but that the deficit would be a factor.
“There is an obvious desire for staff and economy,” he said.
“On the other hand, we will have to be careful not to collect massive debts for generations in the long term.”
Our Berlin correspondent Kate Connolly reports that the U.S. government’s resolve to withdraw thousands of troops from bases in southern and western Germany will have a massive effect on affected communities, according to local politicians.
Up to 12,000 Air Force and Army soldiers must leave the region, U.S. Defense Secretary Mark Esper said this week in a move attributed to long-term plans across the Pentagon, but that Donald Trump has called a punishment for Berlin’s low defense spending.
According to initial reports, thousands of infantrymen are expected to be repositioned on bases in other NATO countries, such as Belgium, Italy and Spain, while some 6,400 will return to the United States.
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Fritz Kohn, mayor of the southern city of Stuttgart, in the state of Baden-Wuerttemberg, home of EUCOM, the European command of the United States, said that his city is being punished by the breakdown of relations between Trump and the German government. “I think what’s happening is rarely very well. This does not reflect the intelligent relationships that exist between the city of Stuttgart and the Americans,” he said.
The city’s economy would be seriously affected by the retreat, he said. “The city will miss the clientele force of the Americans. But more than that, it’s the loss of the German-American tradition. Americans love the city. They our markets, our Array wine festivals … appreciate our way of life.
“This announcement is like a rejection of this close partnership. Trump doesn’t think much about the transatlantic partnership, and Putin is the one who benefits from those insecurities. Trump is betting on Putin’s song and it’s dangerous.”
This can be very simple for TikTok, according to Mike Pompeo.
U.S. Secretary of State said Donald Trump will “take action in the coming days” on Chinese apps, adding the popular short video sharing platform, which presents a wide variety of national security hazards presented through software connected to the Chinese Communist Party.
“This is what I hope other American people will recognize: Chinese software vendors doing business in the United States, whether TikTok or WeChat, there are many others. Array… transmits knowledge directly to the Chinese Communist Party, its country security apparatus,” Pompeo told Fox News anchor Maria Bartiromo in an interview on Sunday Morning Futures.
He continued: “These may just be your popularity facial patterns. They can be data about your residence, your phone numbers, your friends, to whom you are connected. These are the issues that President Trump has made transparent and that we are going to address. With. “
Chinese company ByteDance agreed to absolutely divest TikTok’s U.S. operations in an effort to save an agreement with the White House, after Trump said Friday that he had to ban the application, two other people close to the issue said Saturday.
The ByteDance award will verify whether Trump’s risk of banning TikTok is a negotiating tactic or whether he intends to take strong action against a social media app that has up to 80 million active users in the United States.
Donald Trump is back at the White House after Sunday morning at the Trump National in Potomac Falls, marking the thirteenth day he spent on one of his golf courses in the more than 37 days.
Once again, the presidential caravan passed through several dozen supporters and protesters covered in either street in front of the club when he left.
The U.S. Centers for Disease Control and Prevention (CDC) reported 4601526 cases of coronavirus on Sunday, an increase of 58947 cases from its previous count, and reported that the number of Covid-19 deaths in the country increased from 1132 to 154002.
The CDC reported its covid-19 case count at four p.m. ET on August 1, to your previous report a day earlier.
Thousands of others in California were under evacuation orders Sunday after a wildfire broke out in the mountains east of Los Angeles as teams battled the flames in three-digit heat.
The fire, called Apple Fire through local firefighters, spread on both sides of Riverside and San Bernardino counties and fed more than 23 miles (about 60 kilometers) of dry scrub and wood, according to the California Department of Forestry and Fire Protection.
There’s no containment early Sunday. The cause is still under investigation.
The fireplace when two adjacent chimneys were reported Friday night in Cherry Valley, an un incorporated domain near the city of Beaumont, about 137 km east of downtown Los Angeles.
The flames leaped along the bushes and approached the houses as firefighters attacked him from the floor and the air.
Isaiah’s heavy rains hit Florida’s east coast on Sunday, while officials guilty of the coronavirus outbreak were largely tracking the weakened tropical storm, the Associated Press reported.
Isaiah went from being a hurricane to a tropical typhoon on Saturday afternoon, but it is still expected to bring heavy rain and flooding as it crawls near Florida’s Atlantic coast.
“Don’t be fooled by the rebate,” Florida Gov. Ron DeSantis warned at a news convention after the typhoon spent hours touring the Bahamas.
“It’s the story of two storms,” Stacy Stewart, senior specialist at the National Hurricane Center in Miami, said Sunday.
“If you live on the west side of the storm, you haven’t had much. If you live east of the storm, there’s a lot of bad weather there.”
Florida is west of Isaiah.
Authorities have closed beaches, parks and virus testing sites, attaching symptoms to palm trees so they don’t fly away.
DeSantis said the state makes plans to force disruptions and asked citizens for a week of water, food and medicine.
Officials have wondered how to prepare shelters where other people can take shelter from the typhoon if necessary, while securing a social distance to prevent the spread of the virus.
Isaiah has placed a burden on communities already affected by other storms and diseases.
In Palm B County, another 150 people were in shelters, emergency control spokeswoman Lisa De La Rionda said, adding that evacuees are physically away from each other and are wearing a mask because of the virus.
In Indian River County, north of West Palm Beach, Florida, emergency shelters were emptied Sunday after Isaiah descended into a tropical storm.
Officials told TCPalm newspapers that 38 other people enrolled in three schools were being used as shelters.
These spaces will need to be cleaned now to make sure there is no sign of coronavirus while teachers and staff are shown on Monday to prepare for the next school year.
No one with Covid-19 symptoms.
Temperature checks were carried out on the door, authorities said, and isolation rooms were appointed in case they had symptoms.
A record percentage of U.S. corporations exceeded analyst expectations this earnings season, giving investors a glimmer of hope in what remains the slowest profit era since the currency crisis.
More than a portion of the results of the quarter of the moment, with 82.1% of corporations reporting exceeding profit expectations, which would be the knowledge in the history of Refinitiv IBES dating back to 1994, according to Reuters.
In addition, the duration of times is much longer than usual. S-P 500 corporations exceeded profit forecasts by 21.7%, the point since 1994, according to Refinitiv data on Friday.
The latest large accumulation of numbers was delayed last week, when Facebook’s effects and Apple’s $1 trillion value, Amazon.com and Google’s parent company, Alphabet, exceeded expectations.
In many cases, estimates had been so low before the earning season that they were going to outperform, strategists said.
However, the effects reinforce investors’ arguments that the effect of coronavirus locks and layoffs on corporate monetary effects would possibly not be as serious as thought in the past.
“What you’re saying is that there’s an absolute strength portfolio in American companies,” said Quincy Krosby, Prudential Financial’s market-leading strata in Newark, New Jersey.
Technological effects in particular “that there is continued spending in the world,” he said.
William Barr hungry. “Mr. President, can we take a five-minute break?” Attorney General Jerry Nadler of the House Judiciary Committee asked. “No, ” retorted Nadler, almost finishing his audition. Barr responded sarcastically, “You are a true act of class.”
The natural Barr: a proud, combative, unperturbed and unwavering partisan warrior to the faithful service of the White House.
During the five-hour consultation on Capitol Hill in Washington this week, Barr made clear why he had been dubbed Donald Trump’s unwavering protector and henchman. He defended the use of federal forces in U.S. cities, denied giving a favorable remedy to Trump’s allies, and defied problems such as foreign election interference or the option to postpone the November election.
For critics, it was positive evidence that Barr’s unwavering loyalty to the president demolished the wall separating the White House and the Justice Department and ensures that law enforcement operates independently of the policy. Some say it now poses an existential risk to democracy itself.
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New York Gov. Andrew Cuomo said Covid-19 figures in his state were “all very news” at a briefing on Sunday.
At the height of the New York pandemic, the state reports a lot of deaths a day. On Sunday, 3 deaths were reported and another 556 people were hospitalized with Covid-19, a figure Cuomo said is “the lowest figure since our inception.” A total of 531 more people tested positive for Covid-19 in the state in more than 24 hours, from 58,951 tests.
In addition to his appearance on CNN, Democratic Congressman Jim Clyburn also gave the impression on CBS’s Face the Nation.
He was asked if Democrats were hurting Americans by not accepting a new agreement with Republicans to help others who were going through an economic crisis over the pandemic.
“I’m thinking about what Democrats are doing, looking to keep other people in the spotlight, other people on which we rely as so-called must-have workers, other people don’t seem to think, at least Republicans.” Clyburn said. “Why would you put a hundred percent deduction for business lunches into this plan? Somehow it tells you what they’re thinking.”
Clyburn worked as an instructor before entering politics and asked if he would be happy to return to school if he was still in the profession.
“Absolutely not, not until we have a national plan in a position that the school district here in South Carolina deserves to be coordinated,” he said. “We can’t get young people to go to school if we don’t have a social estrangement plan, because everyone wants a mask. I’ve noticed a School District in Georgia, I think,” he says he’s going to have to have a mask. on the bus, but in elegance it’s optional. Be. That’s not the way to deal with it. »
It also says that broadband should be available to everyone, especially in rural communities, to help with distance learning.
“That’s why I’ve been an advocate for universal broadband access for so long,” he says. “Everything that is wonderful in this country and the Internet is one of the wonderful things, be accessible, affordable for all.”
According to a Congressional candidate in the U.S. House of Representatives, Covid-19 and Black Lives Matter are a screen “for pedophilia and human trafficking.”
Another claimed that the United States had “an exclusive opportunity to get out of this global clique of Satan-worshipped pedophiles,” while several other national election contenders published cryptic memes alluding to a tough global elite that will have to be abolished.
These QAnon supporters, a conspiracy theory described as a possible internal terrorist risk through the FBI, run in the national elections, as marginal independents, but as Republican candidates.
In some cases, they have been subsidized with Republican money and promoted through Donald Trump himself, and in some Republican center states, QAnon applicants will likely be elected in November.
Marjorie Taylor Greene of Georgia is one of QAnon’s enthusiasts with the ultimate productive chance of winning in November. She is also the ultimate inflexible with her beliefs.
“Q is a patriot,” Greene said in 2017, referring to his confidence in the anonymous poster of online conspiracy theory that claims to have the wisdom of a secret network of hard and deep sex traffickers and paedophiles. trump administration.
“He’s someone who loves his country very much and is on the same wavelength as us, and he’s very pro-Trump. It turns out to have relationships at the highest level.”
You can the full article below:
The whip of most of the House, Jim Clyburn, compared to Mussolini’s announcer on an appearance of the State of the Union on CNN.
Following Trump’s suggestion this week that he would delay the election, Democratic Congressman Clyburn compared Trump to the Italian dictator who was in force for 20 years.
“I don’t think [Trump] leaves the White House,” Clyburn said. “He does not plan to hold fair and unrestricted elections. I think he plans to go into some kind of emergency to continue his duties.