. >> maryland senator ben cardin paid tribute to those killed on the anniversary of the capital gazette shooting in annapolis, maryland, five employees of the newspaper were killed by a gunman on june 20 eighth 2018. >> the senator from maryland. >> this sunday will mark a grim anniversary, 38-year-old man holding a longtime grudge against the capital gazette, reporting about him make good on the threats. went to the newspaper's office headed to the newsroom and deliberately shot and killed five employees of this community newspaper, the local paper of record, one of the oldest continuously published newspapers in the united states, traces its roots back to the maryland gazette which began publishing in 1727, the capital which was founded, the senseless loss of life to remain so personal to so many people in annapolis and around the state, you need to understand the capital gazette was as much a part of the fabric of an apple us as the state department covers better than anyone in the business. today it still carries out that mission better than anyone else, covering gun violence that c

the capital gazette is the local paper of record in annapolis. it is one of the oldest tcontinuously published in newspapers in the united states. it traces its roots to the maryland gazette which began publishing in 1727 and the capital which was founded in 1884. two years later the senseless loss of life remains so personal to so many people in annapolis and around the state. you need to understand that the capital gazette is as much a part of the fabric of annapolis as a state government that it covers better than anyone in the business. today it still carries out the mission better than anyone else with an added priority of covering nonviolence that continues to plague this countrt and efforts to reduce gun violence as it increase public safety. as i did two years ago i want to take a moment to mourn those we lost and to thank the first responders who appeared from the scene literally 60 seconds after the 911 call. on this day two years ago the police officers happen to be down the street from the capital gazette office and when the shooting

most firms remained well-capitalized but several what approach minimum capital levels.dersdecided are suspended for quarter three. they have got to continue suspending them for the third quarter. income for banks over the prior four fourth quarter's. banks are going to be required to reassess capital plans. the fed may do additional stress test analysis this year. sometime in the late summer or fall, we will find out when and if the banks will increase their payouts. the bank may decide to leave the suspension in place. we should note one member of the fed strongly dissented. they said this is a time for large banks to preserve capital. i do not support giving the green light for large banks to deplete capital, which raises the risks that they will have to tighten credit or rebuild capital during the recovery. the fed vice chairman in charge of supervision said that he thinks this system works, it is prudent, it makes the banks conserve some capital while still requiring them to put out some of their capital to shareholders. caroline: we are looking at moves after hours

you have a great paraphrase this capitalism shouldn't be consumed raw so we can regulate capitalism. i think we are seeing is that of gdp are there's already been some changes there. there was a great staff from "the new york times" i think gdp was rolled out and the times turned off it's sort of an exchange model and the revenue has actually gone up. so you don't need it as much as you think. if the correlation i don't know if they are a causal relationship. there is a law in california that's going to come on. i spoke to a representative from congress he told me on our podcast if we don't have a data privacy law in the first six months we have to rethink our committee leaderships. there's an opportunity here. there is a story that house republicans are saying we need to hold hearings so there is a movement. is that in a positive direction, is it enough? >> guest: this movement is fantastic. it's critical. my view of the change in all of this is we are talking about the deep structure historical transformations here. .. >> and to translate that into demands and outrage and resistanc

they return more capital to investors 30 percent more capital after they actually exit so the interesting thing is i think that there is this there is truth that there is challenge in terms of raising capital but then there's this mythology that black entrepreneurs and diverse entrepreneurial teams don't return at the same if not a great rate and the facts show us 260000 bounders studying 20000 start up companies that is that diverse entrepreneurs and i burst teams actually deliver more and are able to rasie so we want to get what is it behind he said the facts the facts say that what is behind the eyes facts what is it that means that. those returns are as good as in say. i think behind the facts is a very interesting sort of complicity and i said this before this if you look at venture capital venture capital is very very interesting at the moment among most people but idea that you can create in a single generation huge amounts of wealth think of beezus and sort of the richest person in the world right now that is created through technology and that technology business that he don't ca

central bank that preceded it was an attempt to manage the very same contradictions of capitalism its business cycles its inequality and so nobody should be surprised that an institution brought in top last sent the inequality and instability of capitalism hasn't done a really very good job of it because it has been captured like so many other government activity used by those supposedly a subject to regulation it's called regulatory capture for a reason so yes i agree the federal reserve is making the problem worse. and the recent bombing of corporate ons in the secondary market is an extraordinary crutch for private capitalism provided by the government that should make any traditional conservative about free enterprise you know really roll over and is or earnest sleep this may have to be so for me this is capital of lead time that's the point of the program jumping and i got my biggest issue here is that they don't allow the free markets to work the federal reserve again what are they doing in the markets you know the whole chains in theory in my opinion. stinks but i'm innocent ot

nigeria has been called upon any capital of the world ravaged by i.m.f. restructuring programs and epidemics 40 percent of its population of nearly 200000000 people live below the breadline and yet coronavirus deaths are exponentially worse in britain and the usa than in the u.k. so former west african colony joining me is the man leading the fight against coven 1000 there the director general of nigeria's center for disease control to chick with he joins me via skype from nigeria's capital abuja thank you so much for coming on the show so we may have had about 60000 excess deaths here in britain with a population of 67000000 how come nigeria apparently has recorded less than fewer than 4500 deaths or so with 200000000 people i think 2 things i think it is very early to reach any conclusion. that burden both of. disease and death because you know the. the time aspect influences the transmission and also influences but it's what out across the code across the world but there are also many thinks the know whenever you virus is introduced into a population d

i just published a book called re-imagining capitalism in a world on fire and i am all about how business must should and can help solve the enormous mess we're in right great to have you guess we're also streaming on you tube so you armchair economists an armchair pundits this is your moment you can weigh in in the chat and you can be part of that conversation as well i want to start with in the fees are made he's the executive director a systems shift lap that is a group of researchers who are looking at sustainability and the future of our various economies this is how the feast think we should start off the conversation so listen. it's not. all of them it's problems we have that we are it's our economy we. relays it through mix here of those positions in the economy not news we think there is music groups that are. really turns her blood moving away from this more. into that is to compress the behavior towards more corporate ish alls and living. together and. the 'd wire and with it out that is a lot of rethinking i'm just wondering what has happened we've covered $9000.00 that we are

the capitalism. it becomes the default module there are many ways the companies could figure out how to monetize and build value and institutionalized to do value proposition for actual people but they didn't do that because as soon as the path was discovered they skipped over the difficult institution building that they described in his work and they took that little bit of creative destruction but left behind a what it takes to build robust new models of economic production that aligned with the people in the society. but because it has been so lucrative and successful, we see companies in every sector migrating and missing it becomes full circle where the mass production began and the move to the models they in the early days. now as many of our viewers will know, the auto industry is in a global slump. car sales at a sustained low. there is no way out of this. the ceo of ford motor is now saying the new path to profit margin for the motor co companys going to be monetizing data from their drivers

, tambiÉn en la capital de oaxaca. el presidente mexicano andrÉs manuel lÓpez obrador siguiÓ las consecuencias de este terremoto desde la capital del paÍs, y confirmaba que no habÍa daÑos humanos ni materiales >>> tienes informaciÓn de oaxaca, chiapas , guerrero la ciudad de mÉxico se confirma que fue de 7.5 la magnitud, mayor que el aÑo pasado ahora 7.5. no tenemos daÑos, de todos modos, vamos a seguir llamando a que se actue con precauciÓn por rÉplicas, y que nos cuidemos todos sin angustiar nos. >>> el presidente dio estas declaraciones minutos despuÉs del terremoto, ahora se sabe que alrededor de 30 estructuras en la ciudad de mÉxico han sufrido daÑos. vamos a una pausa, seguimos atentos sobre la noticia de este terremoto de 7.5 que se registÓo en oaxaca. ademÁs donald trump visita arizona para celebrar la milla 200 del muro fronterizo. en un estado con un nÚmero importante de casos de covid-19. ♪(mÚsica)♪ lo que nadie te dice acerca de los tampones... es que debes cambiar de absorbencia según tu "flow" solo tampax

days to compose by market capitalization of the entire s. and p. $500.00 index that's a staggering level of monopoly power that those companies have at the same time you have central banks and states providing endless amounts of loans and actually free money in the form of quantitative easing that as then plowed into the financial sector which is found its way to corporations have been able to borrow very very cheaply. that up to the kind of corporate debt problem that we had before this crisis which is manifesting itself now hot free markets we have markets that are constructed markets are constructed in the interests of the powerful and that isn't something that's as i said coincidental it's not something we just expect contin kring around with the system is an inherent part of the way that capitalism was how do we deal with that but that was the question was. kind of looking at in my article where you're starting to see monopoly power and actually state control over the cost the economy but in the interests of the powerful expound so much

embassy in the british capital london for the 2nd straight day of demonstrations. here as in so many other cities protesters took to the streets almost 2 weeks after the killing of george floyd. the marchers in london emphasize that they were protesting against systemic racism not only in the united states but also around the world. occurring sick of having to explain to my children that because they're black they have to act a certain way they have to behave is that where they have to work turns out it's hard to get anywhere in life i'm just i've had enough of that i don't want it for their children you know i want to change and i think this is just the beginning i'm not going to stop and i'm not the only one we've got to make trade. and the spanish capital madrid several 1000 people joined the global wave of protests massing outside the u.s. embassy there i. a crowd of demonstrators in italy's capital rome knelt in silence for 8 minutes and 46 seconds that's how long the policeman in minneapolis had his knee on george floyd's neck. there were similar scenes in li

the rich to get richer as times get tougher you know for years they've had access to this cash and capital to borrow it's only recently that the average guy can actually brought some money to get in so they threw a stripe and bad conditions and actually i've always built well under the toughest conditions because they have the access to capital that others don't they have the ways they get the money others don't so their businesses are allowed to thrive well everybody else is out of business you come by where i am in chicago and almost every small business is going to be out of business i had time to selling is over not just wiped out entire class of people because you allowed the wealthy to go out and thrive through these tough times getting access to cattle doing all the things that normal people don't get to do so the class divide will continue and it's mostly because we don't really allow the true free markets work anymore we allow the the upper echelon they have a better chance and better access going forward and i think that's one of the big problems that i see here well some in me g

with capital group, i can.alk to your financial professional or consultant for investment risks and information. ♪ ♪ ♪ >>> welcome back markets rebounding sharply from march lows with financials leading the charge today an exclusive interview, barclay's ceo joining us thank you for joining us >> how you doing >> very well, thank you. very well. and i want to kick off with the rebound i eluded to that we've seen in the markets. from where you sit, does it make any sense to you that you've seen markets rebound so aggressively when the economy still is to follow you have two forces. you have an economic contraction in many ways unprecedented but on the other side of that, you have had fiscal and monetary response by the develop countries. but also unprecedented the ability of federal governments and central banks to reenergize the country's quaun take theive easing and direct lending to consumers and businesses and we're trying to balance that out one thing i say for sure, the amount of injection of liquidity by t

it's covering the protests towards from the british capital. has been a big day some 10000 by some estimates protesters have been here in parliament square other groups have moved off elsewhere towards the home office having scrawled the letters b l m on the walls of the foreign office black lives matter another small group has made its way to the vicinity of the u.s. embassy and here among the detritus here a banner strung up over the statue of abraham lincoln that says racism is a pandemic to now remember this isn't just about solidarity with eventually us that's a big part of it of course but it is also an opportunity to call out what many see as institutional racism and police brutality that's been going on in this country for many years very much a part of the lives of some of those in this crowd and so some of the banners that you see say things like no justice no peace no racist police on top of that concerns would be it not overwhelmingly evident in this crowd but concerns about coronavirus there is still a lockdown going on here senior

digital capitalism is a historical phase of capitalism in which algorithms and. data take on the role that machines and resources used to play. in this digital capitalism the data corporations that specialize in data extraction dominate the market. these businesses cloak themselves as platforms. in the future experts predict that fewer workers will receive contract position google's already proving them right not even half of the employees are under contract and. many work in precarious circumstances in theory whenever and wherever they want but even if they're independent on paper they may still be closely monitored one example amazon's warehouse work is known as their workday is determined by digital. warehouse workers in particular are monitored very very closely. the device they carry around with them watches every step they make and gives them a clear instructions on where to go in the literal sense of the term which optimal paths to walk. it's reminiscent of the assembly line days people were reduced to performing single simple ideal movements of. digital t

it's a problem in the big picture of our democracy and capitalism capitalism capitalism is dead >> here for this bank trade with the fed that is taking extraordinary measures, you also have a fed that sin jeis injectg liquidity to the point where you know the banks won't fail. >> yeah. i think the fed has been a tremendous friend to the banks, right? think about the crisis started and all these banks had revolvers. the companies were drawning dowdow dawn hundreds of billions of dollars. instead the jp morgan got paid a fee on it. that was because of the fed. the fed has done an enormous favor to the banks that they asked them to maybe go slow on their capital plan for the rest of the year, that's very reasonable the fed has been their friend. >> let's turn from the banks to biotech. your next guest says it is time to double down on this sector. let's go off the charts. chris, what are you looking at >> i brought along a couple charts what's so interesting about this biotech group in the context of talking about the banks being a repressed corner of the market, this is an unrepressed cor

the protesters are once again out in the nation's capital gathering in the percentage of the white house and now familiar scenes but in the course of days of demonstration there have been unprecedented sights military police deployed alongside law enforcement units at the president's instruction military and national guard helicopters flying low over crowds using the down drop from rotors to cause people to scatter a tactic often used in iraq or other zones of foreign u.s. military deployment the president has contemplated invoking the insurrection act as seldom used law introduced in the early 1900 century that subject to certain conditions could allow the domestic deployment of the military in the event of civil unrest or insurrection this strongly opposed by the secretary of defense the option to use active duty forces in a law enforcement role should only be used as a matter of last resort and only in the most urgent and dire of situations we are not in one of those situations now. i do not support invoking the insurrection act president spokesperson brushed aside the secretary's com

of capital.ort of separate from the major decisions, instructing u.s. institutions, a lot like what we saw in the u.k. and europe, to retain capital to do with the worst case scenario since the new stress test indicated, which is a harrowing set of variables. do you think the banks are strong enough? i didn't get the full details yesterday, and i am kind of surprised at that. i would think the fed would want to deliver transparency. the fact that we do not have that transparency feels a little unnerving. do you agree? tim: remember over the last 12 to $4 banks had close trillion of quality capital. so balance sheets are stronger than they have been in the past. officials every way say the banks are not a source of the crisis, but a source of strength. the real economy, lending in the u.s. is up 50%. so we use our balance sheets to the full extent. balance sheets are in good shape. we do have to plan for worst-case scenarios. that is what the fed did. scenario,e worst case banks actually came in w

as well as ending have 2 hours 14 month attempt to capture tripoli that led to battles in the capital southern. suburbs and rocket attacks on the city center. after our self declared libyan national army which is backed by russia the u.a.e. and egypt said its troops were being withdrawn from tripoli in order to give the ceasefire talks a chance to who now was the main launch pad for the offensive against the capital that have to use force has finally abandoned this week g.n.a.t. commander said forces had reached the center of town huna after entering from 4 sides. but the l.n.h. continues to control in eastern libya where there is a parallel administration into broke as well as large parts of the south where the main oil fields are located the united nations has warned the recent flood of weapons and fighters to both sides in libya risks in a major new escalation has those offensive on tripoli had 2 key strongholds into it was launched from 2 key strongholds the 1st was a what the or the airbase that was taken not too long ago and the 2nd was. after the fall of the what the other half

keep the capital on the balance sheet. i'm wrong do a special dividend. but we can't afford banks to get in trouble again, we'd have a financial crisis that would be absolutely devastating for our economy. >> thank you both for being on our show let me just ask as a bank shareholder, playing devil's advocate, what if they just continue this incrementally allowing every quarter a reassessment of bank dividends and if it ends in a worst case scenario that could happen than the worse to happen they would have paid out one-quarter's dividend beyond ha they holiday bowl have a -- what they should have. and maintain the focu . >> let's look at what happened in the first quarter couple banks, wells and jpmorgan, distributed more than earn in capital. they were depleting their capital in the first quarter we're not going to get it back $30 billion in dividends with was divided up to public 145irshareholders that $30 billion on bank balance sheet could expand capacity by half trillion dollars, that's significant support for the real economy right now but that capi

testing the stream as they exit looking at how the current a virus is changing attitudes towards capitalism. i am fairly ok your age the street in the question today how could all should come to 1000 change the rage that we to do business we will be unpacking the global economy in 25 minutes or less i'm going to need a team to do that and i think i know just the people to help us do it's hello they grace introduce us now to our audience. hi fi me i'm so i'm grace blakely i'm a writer at u.b. magazine and i last year released a book called stolen how to save the world from financialization about how finance has changed whether capitalism works good to have you grace hello there b.j. tell everybody you are. nice to be with your family in greer said rebecca. the go direct are of dry continental institute for social research where best in argentina brazil south africa and india thanks for coming to the stream and rebecca lovely to have you tell everybody you are femi thanks for inviting me my name is rebecca henderson i'm a professor at the harvard business school where i designed and taught a

to celebrating the sudden collapse of all old khalifa haftar as 14 month battle to take over the capital they've retaken the city of the huta strategically important base for half those forces in western libya it's about 65 kilometers from the capital tripoli also jabari begins our coverage. celebrating another important game. forces for the un backed government of national court in control of tatyana the city was the last major stronghold of world war khalifa haftar in western libya. after we were all keen to achieve the victory without hesitation there is a big difference between. a solid fighter who fights for his cause but another one who does what goes without a cause will be defeated if you don't have a cause to fight for we have a cause for the air of the thousands here the turkeys military support has helped the internationally recognized governments of national accord to a series of territorial gains in recent weeks. as well as ending have tours 14 month attempt to capture tripoli that led to battles in the capital southern suburbs and rocket attacks on the city center. after ou

, in the state, excuse me, in the nation's capital. that is unacceptable, undemocratic and unworthy of our democracy. so i'm hopeful that we will see a very, very good vote. i know that we will get the overwhelming majority of democrats, sufficient to pass the bill, but i would certainly help a large number of republicans would also show their respect for the people of the district of columbia, which 700,000 plus, , larger than twof our states. at some point in time they've been larger than six of our states and another point of times larger than 11 of our states. this is a very significant population in our country. with over 200,000 more people than wyoming has with two senators voting and the united states senate and one voting member. the district of columbia has a nonvoting representative, eleanor holmes norton, who does an extraordinary job given the fact she doesn't have a vote. she's a senior member on the government oversight committee, and a very senior member of the congress. but, unfortunately, other than having a vote in t

backed government we take a key town and will often leave for half this push to capture the capital. we the national football league in it we were wrong for. an apology from the national football league in the united states it admits to making mistakes but ignoring players concerns about racial injustice and police brutality. so then a growing number of u.s. police departments are enforcing changes to their tactics in the wake of george floyd's death the city of minneapolis where he was killed is banning police chokeholds and will require officers who see colleagues using improper force to step in and stop them as well as banning chokeholds new york state plans to classify false race based calls to emergency services as a hate crime and california will start training its officers to use the type of restraint that killed george floyd. across this country we train techniques on strangleholds that put people's lives a risk now we can argue that these are used as exceptions but at the end of the day a carotid hold that literally is designed to stop people's blood from flowing into their

from doha also coming up maybe as un recognized government says it's taken complete control of the capital after months of fighting against war little tiny 5 talk. hong kong's legislature votes for a law abiding the national anthem a chinese national anthem despite protests inside the chamber. thank you for joining us all 4 police officers involved in the arrest of george floyd in the united states have now been charged in connection with his death the charges against the officers seen kneeling on freud's neck have been elevated to 2nd degree murder while the 3 others are accused of aiding and abetting his actions floyd samnee say it's a significant step and as john hendren reports from minneapolis protesters on the street say it proves the movement can deliver results. for the crowds feeling. street here and across the u.s. a sign their demands are being heard i filed in a minute complaint 3 charges the charges former minneapolis police officer derek shaaban thoughts murder in the 2nd degree through the death of george floyd for officer derek show been who was seen with his knee on george

house of representatives has approved a bill to make the capital washington d.c. the nation's 51st state if it passes in the republican controlled senate more than 700000 people in their districts will finally have the representation other states say for granted but as mike hanna reports the bell faces stiff opposition. the last votes on statehood were more than 6 decades ago when alaska and hawaii became the 49 and the state's friday's historic decision was taken on party lines there being 232 votes in the affirmative $180.00 votes in the negative the district of columbia statehood bill h r $51.00 is asked without objection motion to reconsider is laid upon the table. so it's a founding of the nation's capital over 2 centuries ago it has been a district and not part of a state it has no governor no senator and it's aleck to representative has no boat in the house we stand out as the only democracy which to the highest democracy to the residents of its own capital leadership own capital city in a city where nearly half of the population is african american stateho

with capital group, i can.k to your financial professional or consultant for investment risks and information. tasnhu let's you transfer prup to 90 creditsnsultant - [announcer] if you've tried college but never finished, toward your bachelor's degree. - [woman] it doesn't matter how old you are, you can do it. you can finish. - [announcer] finish your degree at snhu.edu. . >>> welcome back to "the exchange." time for an update with sue herera hi, sue. >> hi, kelly, here's what's happening this hour. texas announcing a new large number of coronavirus hospitalizations it is the sixth daily high in the last seven days. you can go to cnbc.com to see what other states are hospitalizing more covid-19 patients >>> countries reopening for air and land traffic today after more than three months of closures but the nations of the european union are not expected to open up to visitors outside the continent until at least the beginning of next month. >>> and nearly 4,000 black lives matter protesters marching through toky

doha coming up in the next 30 minutes lebanon's army steps in between rival protest groups in the capital as economic pain brings thousands on to the streets. back to where he was born george floyds body returns to the u.s. state of north carolina and. a sinister side of the corona virus outbreak we look at how criminals have become more brazen in chile. welcome to the program after months of fighting libyan ward cleaver hastert says he supports a ceasefire with the un backed government it's been proposed by his ally egyptian president sisi following talks in cairo the so-called cairo agreement includes a ceasefire from monday and the exit of all foreign fighters have been significant setbacks for have to in recent weeks government forces continued to drive have to fight us out of the west capturing more towns including benny will lead early on saturday well after regaining full control of the capital tripoli and taking the city of the huna as you can see on the map on friday government forces and i'm gearing up for an offensive to recapture the city of sirte that's the hometown of the fo

this city the city afternoon at about 75 kilometers south of the capital tripoli is very strategic a very significant from here. half the us forces had a central command over the past year and from here russian military experts are armed with their morace any gyptian military experts have been supporting have to they run the battles around the battles in southern tripoli from the certain central command and the city of the huna from ted who now have that his forces received military enforcement reinforcement and also military supplies over the past year before all of that who does not mean the into the fighting according to military sources here with the government they say that right they are going to continue chasing after sources further soured. to the city of beni will lead that's where house forces are if we're getting now ok mom would we see santa bring him where you are yes we see the celebrations ongoing where you are right now and as you've said this is a significant setback for have to forces because this was their stronghold in the west but as you've said also have tried s

mexico city's chief of police has been injured during a targeted attack in the capital. gunshots could be heard across the upscale neighborhood in the city's west where a shootout took place local authorities said 2 of his bodyguards were killed iraqi security forces have raided a base belonging to an iran backed militia group fighters belonging to cause have hezbollah and are demanding the release of the 14 members who were detained. libya's national oil corporation says russian and other foreign mercenaries are stormed out our oil field they're blocking the resumption of oil exports from the site after a months long blockade there's been no response from moscow to get on those allegations. france germany and italy are calling for an end to fighting in libya they want outside powers to end the involvement in the conflict to get talks back on track earlier turkey said any cease fire would depend on the warlords early for after us forces withdrawing from 2 key regions search and jew from. india is nearing half a 1000000 coronavirus cases with its biggest spike since the p