David Western, Bloomberg, Mark Crumpton discussed on Balance of Power

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Is's balanced power. Bloomberg television and radio. I'm David Western. It is time now for first word news for that we go to Mark Crumpton. David. Thank you very much. Dr Anthony found she is optimistic there could be a new treatment for the Corona virus by autumn. Infectious diseases chief spoke to Facebook CEO Mark Zuckerberg and a live event. Dr Fauci says he expects results for clinical trial monoclonal antibodies in the next few months. That underscores the speed at which the government has been working to quickly approve and roll out a treatment. India has become the third country to report at least one million Corona virus cases on expensive locked down in March on leaving the U. S and Brazil have had more cases. India's population Is more than double those two. Combined that suggest the virus has more room to run. Israel is taking sweeping action in response to a new surge of coronavirus cases, the country will shut down on weekends, the closures, impact stores. Jim's tourist sites and beaches, restaurants and Israel will also be closed for on site dining. Restrictions come as 1900 daily cases were reported, and after Prime Minister Benjamin Netanyahu has faced widespread criticism and protests over his handling of the pandemic, said quote Salem steps are needed to avoid another general locked down. German chance of Angela Merkel is casting raising doubts about reaching agreement on a landmark $855 billion recovery fund this week in Brussels. EU leaders are meeting in person for the first time in five months. Chancellor says the differences remain very, very great. Among them how the money will be distributed and how the rules dictating how funds will be green lighted Global news 24 hours a day on air and on quick take by Bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I'm mark wanted. This is Bloomberg. David. Thanks so much Mark. We'll pick up now. In that report.

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