was the 1st of several trials now she faces over the looting of billions of dollars from a state development fund the case is being seen as a test for malaysia's efforts to stamp out corruption. a media scrum to see a former leader found guilty. will be allowed to remain free on bail while he appeals the verdict on 12 year jail sentence handed down by the court in kuala lumpur he was on trial over corruption charges related to a multi-billion dollar scandal at state development fund 1 am d b outside malaysia's highest court after the verdict the 67 year old told reporters he wasn't satisfied with the result and that he would work with his lawyers to launch an appeal this is. definitely not the end of the world. that's a process so you. hope that we would be successful that. the fund one malaysia development to give it its full name was founded to finance infrastructure projects put in 2015 evidence of money laundering and safe to merge and in 2018 the government was ousted the court found guilty on all 7 charges many malaysians have hailed the guilty verdict. this is just the 1st of several trial

in jail the former prime minister was found guilty of looting millions of dollars from a state development fund. our way our thank you so much for your company everyone germany is bracing itself for a 2nd wave of the corona virus the country's leading public health institute says new infections have risen sharply in recent days and it's largely blaming negligence among the population for driving the problem. 6 months after germany saw its 1st krona case many germans healed relatively at ease. but germany's leading research institute warns that the worse may be yet to come when going to ladies and gentlemen this latest rise in covert 1000 cases here in germany is leaving all of us here. very concerned. after we had managed to keep the number of cases stable for several weeks we have again seen a significant rise in the case in several days. the government warns that didn't you cope with 1000 clusters must be contained to prevent a 2nd wave. if now in the summer through leisure travel behavior we were always a roy's in the rate of infections overall infections then it will become all the harder t

from state investment fund when m d b prosecutors allege some 700000000 dollars landed in his private account and were used to buy luxury watches and diamond necklaces to fund one malaysia development fair or one m.t.v. was founded to finance infrastructure projects including in the energy sector but in 2015 evidence of money laundering in 50 emerged in 2018 government was ousted and the judicial proceedings began goldman sachs is also deeply embroiled in the vast financial scandal having helped set up the one m. d. b. last week the investment bank agreed to a $3900000000.00 settlement with the malaysian government regarding allegations of wrongdoing against its employees najib razak will be sentenced at a later date with each of the charges carrying a potentially lengthy prison sentence. he faces for more trials linked to the scandal though the formal leader has maintained his innocence and he said he will appeal today's verdict. correspondent david greene about his standing by for us now outside the courthouse in kuala lumpur hi dave this was the 1st trial face for the one in v.b. scandal linked to goldman sachs what was he found guilty of exactly. yes he was found guilty on 7 ch

of several trials trials in the job faces over the neutering of billions of dollars from a state development fund. in pakistan heavy floods inundating correctly have killed at least 5 people experts blame flooding on poorly designed development clogged drainage systems and climate change which is affecting monsoon patterns. americans of bidding farewell to congressman john lewis his coffin lies in state outside the capitol building in washington d.c. earlier u.s. lawmakers from both parties praised their veteran colleague in a solemn ceremony who is a civil rights leader and protege of dr martin luther king jr died of cancer earlier this month at the age of 80. bidding farewell to a political giant long lines of people formed outside the capitol building in washington d.c. as members of the public paid their respects to john lewis the 17 term congressman from georgia was a pioneer of the civil rights movement remembered for is unwavering pursuit of equality for all. who. so many of our generation nowadays need to look back and learn. how he helped to realize the ideals that this country was found

state development fund. this is due to be business on robots in berlin it's great to have you with us one month from now as of 8 or will step down as director general of the world trade organization 8 candidates are in the race to succeed him and we'll hear from one of them shortly whoever wins will have plenty on their plate as they take charge of an organization many say is losing its global relevance. it's known as the getting to know you phase. it candidates are trying to convince the more than 160 member nations of the w t o that they are the one to steer the global trade body forward. they can use a mean mohammed as a frontrunner along with and goes the o'con joey whaler a former nigerian finance minister both are looking to make history twice over the w t o has never been led by a woman or by an african. mexico's seattle is the only candidate from the americas have he has extensive experience as a trade negotiator you see your friends have been the other candidates are egypt's hammy mamdouh south kore

lumpur he was on trial over corruption charges related to a multi-billion dollar scandal at state development fund one. outside malaysia's highest court after the verdict the 67 year old told reporters he wasn't satisfied with the result and that he would work with his lawyers to launch an appeal. this is. definitely not going to do. because that's a process so you. hope that we would be successful that. the fund one malaysia development to give it its full name was founded to finance infrastructure projects but in 2015 evidence of money laundering and sector merge and 2018 the government was ousted the court found reject guilty on all 7 charges many malaysians have hailed the guilty verdict. in. this is just the 1st of several trials against rezek he is jus in court again on august the 3rd. now to some of the other global business stories making news. fox has paid $9500000000.00 to u.s. customers over the diesel gate scandal in a new report the u.s. consumer watchdog revealed the extent of the german carmakers efforts to compensate motorists the news total bill for the emissions scandal is expect

him a court convicted nigeria on 7 charges related to receiving nearly $10000000.00 from a state development fund has promised to appeal he could spend years in prison. mali is under pressure to form a new unity government the economic community of west african states has proposed a 4 point plan to resolve mollies political crisis newly appointed ministers are to be implemented within 10 days opposition lawmakers say they are reviewing the echo recommendations. in washington lawmakers friends and family have been ordering late congressman and civil rights pioneer john lewis at the u.s. capitol an invitation only ceremony has been held to honor louis inside the return of the capitol building where he's the 1st african-american congressman to lie in state lewis was widely admired for his championing of civil rights for everyone he died of cancer earlier this month at the age of 80 bidding farewell to a friend those who work side by side with the late john lewis paid tribute to his life and legacy the 17 term congressman from georgia was a pioneer of the civil rights movement remembered for his unwa

times over malaysia's former prime minister is convicted of stealing $10000000.00 from a state development fund but the indictments don't stop there also on the show.

it was the 1st of several trials and faces over the mooching of billions of dollars from a state development fund the case is being seen as a test for malaysia's efforts to stamp out corruption. former prime minister not heading into court to be found guilty for his part in one of the biggest financial fraud in history. during his time in government billions of ringgit disappeared from state investment fund one m. d. b. prosecutors allege some $700000000.00 landed in his private account and were used to buy luxury watches and diamond necklaces in 2015 evidence of money laundering and theft the marriage in 2018 not government was ousted and the judicial proceedings against him began. in. goldman sachs is also deeply embroiled in the vast financial scandal having helped set up the fund last week the investment bank agreed to a $3900000000.00 settlement with the malaysian government regarding allegations of wrongdoing against its employees but it's not over for now he faces 4 more trials linked to the scandal throughout the former leader has maintained his innocence and has said he will appeal today

convicted him on 7 charges related to receiving nearly $10000000.00 from a multi-billion dollar state development fund he said he will appeal but could spend years in prison if convicted. the spanish prime minister pedro sanchez has called on the united kingdom to reconsider its decision to place returning travelers under a mandatory 2 week quarantines due to spain's spike in covert cases he called the move disproportionate and said most of spain was safer than the u.k. . mali is under pressure to form a new unity government to the economic community of west african states has proposed a 4 point plan to resolve all this political crisis newly appointed ministers are to implement it within 10 days opposition lawmakers say they're reviewing the recommendations. in washington d.c. lawmakers and family members have been honoring the late democratic congressman and civil rights pioneer john lewis a ceremony for lewis has been held inside the refund of the capitol building where he's the 1st african-american congressman to lie in state died of cancer earlier this month at the age of 90 bidding farewell to a

a court convicted not 7 charges related to receiving nearly $10000000.00 from a state development fund he's promised to appeal he could spend years in prison. it's to washington d.c. now where lawmakers and family members have been honoring the late democratic congressman and civil rights pioneer john lewis a ceremony for lewis has been held inside the refund of the capitol building where he's the 1st african-american congressman to lie in state he died of cancer earlier this month at the age of 80. bidding farewell to a friend those who work side by side with the late john lewis paid tribute to his life and legacy. the 17 term congressman from georgia was a pioneer of the civil rights movement remembered for his on wavering pursuit of a quality for all. they would all down was a person of great that's he also was a person of great humility always giving credit to others in the movement. john committed his life to advancing justice and understood that to build a better future we had to acknowledge the pest. house speaker nancy pelosi spoke of lewis is a man revered and beloved by foes

bank's involvement with the state develop and fund. guarantees an additional $1.4 billion will be repatriated to malaysia from assets seized around the world. hsbc is denying it framed huawei , saying it did not spark the u.s. probe into the chinese tech giant. hsbc made the statement in response to allegations from huawei's legal team, which claims the u.s. misled canadian authorities by omitting key elements of the presentation given to hsbc by its jailed cfo. possibility has no -- has no hostility towards huawei and did not ensnare the company in the u.s. probe. market, getting to the let's take a look at the action in hong kong. looking also at the nikkei and japanese equity markets in a moment, playing catch up after two days of public holidays on thursday and friday. yen on a tear. -- iuld say the tear is on should say the dollar is on a tear down words. the big story of the day is in the precious metals. gold, people looking for haven status. dollar weakness translating into gold strength. highs. testing all-time $1922.53 an oun

scandal has shaken malaysia billions of dollars were allegedly looted from a state fund set up to promote development of former prime minister was implicated as well as a network of foreign companies relations rule of law was put to the test on tuesday of a g brazil x. involvement in the scandal he was found guilty of 7 corruption charges and sentenced to 12 years in prison also being fined close to $50000000.00 so the 1st of 5 corruption trials and is centered on the transfer of nearly $10000000.00 from the state fund into the jobs personal accounts he denies any wrongdoing and says he will appeal this is what najib had to say after the ruling. this is. definitely not the end of the world. because there is a process of appeal. and we hope that we would be successful doing so. but why continue and to my support this. i hope they will continue to believe in me believe in our struggle and continue to be in positive and i speak. as friends larry reports now from kuala lumpur tuesday's verdict makes not the 1st malaysian leader to be convicted of corruption now he's also been sentenced to serve up to 12

fund account. it also modifies the bill language under the corporate capital account of the united states international development finance corporation to provide increased flexibility to the dfc allocating funds across authorized activities. the report adds language regarding action to be taken by the department of state to better prevent cyber intrusions and prevent protect personally identifiable information by department personnel. clarifying the committee's intent concerning expanded procurement opportunities for certain cooperatives, small businesses and veterans adding language concerning food insecurity and partnerships with the united states land-grant university. concerning the global labor program, addressing nato standards and the calls and countering cyber security incidents. related to urban refugee protection, and expressing support for reforestation. programs in columbia, and now i would like to recognize the ranking member rogers. >> madam chair, i support the amendment. >> are there any other members who wish to be heard on the amendment . >> mister graves, i know you're going to acknowledge thos

fund to later this year the fund is the biggest joint borrowing project ever agreed by member states. let's get more on the coronavirus pandemic you're the latest developments more than 15000000 people have now been infected worldwide according to john hopkins university the u.s. brazil and india have recorded the highest number of codes in 1000 cases south africa has reported a record daily death toll with a 24 hour increase of $572.00 deaths it brings its total number of fatalities to nearly $6000.00 the country is the worst affected in africa and in germany anyone entering the country from high risk areas could be tested for the virus when they arrive at the airport the rules would apply to germans returning from holiday as well as foreigners. thousands of demonstrators in the bulgarian capital sofia half filled the streets for the 14th day in a row demanding that the government reside accusations of corruption lead to a parliamentary vote of no confidence earlier this week which the government survived but protests continue and are spreading across the country they were sparked by a row over access to a beach. ball gary and refused to let up for weeks n

have received paycheck protection program loans as well as funds from the $3.5 billion in added child care and development block grants for states. unfortunately, several states and including my home state of kansas, have withheld some of this care fund, the cares act funding instead of disbursing those dollars efficiently so our child care facilities could starti receive ining those bene. both congress and states need to do more to ensure high quality child care is available for families who return to work. dr. sullivan, thank you for highlighting some of the successful actions that have been taken in indiana to help child care providers. however, other states are struggling to disburse some of this federal funding. what actions do you suggest these states might take to improve that process? >> well thank you so much for the question, mr. estes. the issue many states had initi initially, it's a difficult process to get money out the door. we were extremely lucky in indiana that we had an existing partnership with early learning indiana and the ability to use our application software. otherwise, we would be in the same boat with

funds to prepare for influenza. which of the products developed in the process were used, each one in one can include . and additional funds were never never reauthorized. the state and local and tribal and territorial public health or another ppe, public health preparedness puzzle. they have a vital role to play. these levels of government are responsible for planning in response to the unique jurisdiction. so federal assets can be called upon and used directly with other options a friend out pretty hard to the 2009 each one in one emergency response, many states have their own stock. these were ultimately disposed of lately because of the declining funds. public health overall must be consistently robust. the long history of heavily investigating a public health when square there is a problem. the from the remote from the significant efforts, to funds often. the way forward must include more consistent mandatory, greater emphasis on public-private partnerships. better prepared with government and private sectors working together. i will welcome the opportunity to work with the panels to and congress another stakeholders to improve this public health preparednes

development. provides overseas contingency operations under account headings with enduring funds to offer transparent accounting of the true resources needed to fund united states foreign policy and advance national security interests. includes $47.85 billion in base funding. funding for base requirements that otherwise would not be funded by the , anddent's budget request $10 billion in coronavirus funding. for emergency funding to address covid-19, which has 125,000more than 500,000 lives and people worldwide. cannot be overstated. in fact, the dire expectations for its impact on americans health in our economy demand the administration and the senate come to the table to consider these urgent funds and the heroes act the house passed in may immediately. in addition to addressing immediate covid-19 needs, the market takes a holistic approach to global health and seeks to accelerate the strengthening of health systems and low and middle income countries to manage health threats and communicative diseases, which we know all too well do not respect borders. sustain progress against hiv aids, tuberculosis and $5.93a, the mark provides billion for global hiv aids

. >> they risk losing state funds if they fail to enforce elth orders this holiday weekend. >>> and more developing news, this time out of san quentin, another condemned inmate has died of covid-19. dwayne michael carrie has been on death row since 1996. he died today at a death row hospital. at least 13 other have died since june 24th. more than 1,300 prisoners and 120 staff members have contracted the virus. most of them within the past two weeks alone. >> it's a lot of people together. they're not all masked. the windows are closed. the facilities are not open. and there's a lot of shouting and screaming. which allows the droplets that the virus travels on to travel further. >> the prison was built in 1852, the oldest prison in the state. and it's got open-grilled cells, barred cell, not closed doors. >> the outbreak is believe to have started after a transfer of prisoners from a southern california correctional facility. >>> marin just added to the governor's covid-19 watch list. due to a sharp increase in case counts and hospital zags. despite that, the county is one of the few to have its bea

moves to tie the fund to standards of freedom of expression in recipient countries but or has faced a stiff opposition from the e.u. states who are fully intent on linking the 2 could develop what is about the we will not put values up for negotiation there is no version of cut price european standards including the rule of law among all the division and squabbling over values and vast sums of money italy's prime minister made a call for clarity and unity. no doubt but it is we may not lose track of our goals we have to rebuild europe make it more competitive and more resistant to crises can lead to. a lot of the netherlands one southern european countries to make structural reforms before agreeing to the recovery fund. actually last month i see myself as fighting for the needs of citizens and taxpayers it's vital that you are from urges stronger out of this crisis i'm not going to let myself be diverted by all the conflict going on here off the. details have emerged of how the deadlock could be broken. the e.u. council has proposed a just in the recovery package to 390000000000 euros in grants and 360000000000 in loans spending plans would need to be agreed by so-called q

fund set up by him in 2009 when he was prime minister. we were td it was to boost malaysian development by investing state revenues from oil and other exportst mele jeanette u.ow authorities allege that 4.5 billion dollars were illegally diverted. the allegations touch acdividuals and companies last week, goldman reached a 3.9 billion dollars settlement with middle ages government -- with the maysian government, misled investors while raising money for the fund. the government alleged oths were involved in the theft and claim the stolen money was used for a s yacht, private jet, works of art,ven the private film "the wolf of wall street." while the former mine -- while thformer prime minister plans an t appeal,he political ramifications continue. jonathan: this is a dramatic fall for a man who was once at the pinnacle of power in may lazar, who seemed untouchable, even as one of the world's biggest financial scandals world around him. two years ago, malays and, outraged by the excesses of adose around him, and huge sums of money which h been stolen from 1mdb, voted him out, and with him, the party that had ruled malays are far more than 60

it provides strong funding to support law enforcement reform at the state and local level while catalyzing economic development in disadvantaged communities that is fundamental to a more just and equitable society. among other priorities the bill invests in education and job training, expands access to safe, affordable, and fair housing. supports service members and military families. and combats climate change and embraces a clean energy future. this package prioritizes the lives and lively hoods of the american people -- livelihoods of the american people and makes the strong investments needed to build a stronger future for every person. it is the product of months of thoughtful deliberation and input from members on both sides of the aisle. i am proud of the work we have completed under the incredibly difficult sirkstabses of the covid-19 -- circumstances of the covid-19 pandemic. our incredibly talented appropriations subcommittee chairs will discuss more about what this package does for the people. i urge support for the bill. and i reserve the balance of my ime. the speaker pro tempore: the gentlewoman

venezuela, as well as countries supporting venezuelan refugees fory prioritizes funding the united states international development finance corp. ration -- corporation, which provides a critical alternative to china's predatory lending. it also advances w gdp initiative to promote women's empowerment and economic opportunity, which i strongly support. unfortunately, the writ must also cuts key global health and humanitarian assistance resources. globally, almost 80 million people are currently displaced around the world. that number is expected to rise because of covid. the world food program is estimating that 270 million people will need urgent food assistance due to covid-19 and 82% increase from last year. covid-19 is already erasing hard-fought game to reduce hiv-aidsoverty, combat , and other infectious diseases. authoritarian regimes and terrorist organizations are looking to ask lloyd this chaos for strategic gains, such as in areas. so the disease spreads in the middle east, latin america, existing economic hardships, political challenges, and humanitarian urgencies will worsen. time to cutt the this key

oriented development policies and a pilot program that helps state and local governments make smart infrastructure investments to increase affordable housing near public transportation. 12 million to fund a regional infrastructure accelerator which helps local governments develop strategic plans and maximize their limited resources. blocking the administration's callous public housing rule, change targeting undocumenting immigrants that threatens the housing of 55,000 american children. this bill is a 76 billion investment in american progress at a time when so much in our society has grounded to a halt. these funds will help ensure people in my community don't have to face the perls of coronavirus without the security of a place to call home. this bill makes the infrastructure investments we need in order to one day unshutter our economy again. and i am proud to support it, and i am proud to have worked on it under the superb leadership of our chairwoman lowey. and before i end, let me say that i am truly grateful for the opportunity to serve under your leadership as appropriations committee chairwoman and the chair, especially as we review such an important bill to my district. the c

state funds. mayor london breed announced the city was giving the grants to use on affordable housing, transportation and improvements to infrastructure in the city. the money will help speed up developmentf more than 350 affordable homes around the city. it will also go toward ike and pedestrian safety of trades on cesar chavez street, among other things. >>> a small group of healthcare workers gathered today in oakland outside of the also bates summit hospital in oakland. the demonstrators held a moment of silence in honor of george floyd. organizers said the rally was held in solidarity with the black lives better movement. demonstrators also called for better protection for healthcare workers on the front lines of the fight against coronavirus. >>> the nfl is making changes to recognize victims of systemic racism. lift every voice and sing will be sung before every game. is traditionally known as the black anthem. >>> in bay area weather today, one of the cool days of the week with a cool breeze out there. we have class to talk about for tonight, but we will warm things up beginning tomorrow for your friday, but especially by the weekend. take a look at the highest this afternoon sho

prioritizing funding for the united states international development finance corporation which provides a critical alternative to the lending to developing countries and also advances initiatives to promote women's empowerment and economic opportunity which i i strongly support. unfortunately, the isequest also cuts the key humanitarian assistance resources. globally almost 89 people are currently displaced around the world and that number is expected to rise. the world food program isbe estimating that 270 million people will need urgent foodd assistance due to covid-19 and 82% increase from last year. covid-19 is already racing against extreme poverty to combat hiv aids and malaria and other infectious diseases. the authoritarian regimes and terrorist organizations are looking to exploit this chaos for strategic gain such as areas like [inaudible] so that spreads across africa and existing economic hardships and political challenges in humanitarian emergencies will worsen. in other words, itrs is now not the time to cut this key aide. i'm deeply concerned at the impact of covid-19 wil

to execute a grant application to the state of california, department of housing and community development, permanent local housing allocation program for funding in the amount of $52 million. the permanent loan housing program was directly created out of the building homes and jobs act, approved to the california senate in september of 2017. that act secures funding for affordable housing by imposing a fee of $75 on all real estate transactions in the state. to apply for the $195 million. the city's share is approximately $52 million in the course of five years. it is estimated o on the total amount of fees collected over the year. it is based on eligible uses for the funds specifically to secure permanent operating securities for a total of 216 households at 15% and 25%, san francisco a.m. i. over the next five years. once awarded, they will return to the committee to allow a motion to accept and extend the award. thanaward.they will complete the application by the deadline of july 27, 2020. this includes staff presentation, and we're available to answer any questions you might have. >> chairwoman: any comments or questions from my colleagues

funded by the federal c.a.r.e.s. act. meantime state lawmakers are saying their offices are being flooded with calls and emails from constituents. yesterday state lawmakers had tough questions for the director of employment development department, more than 1 million people in california alone still have not received those unemployment payments even though they have been cleared to receive them. >>> now we want to take a look at the latest covid-19 numbers this morning for you. the death toll there rising to its fastest rate in months. here in california 194 deaths were reported and more than 10,000 new cases. governor newsom, again, making a plea to californians to wear those masks. i want to take a look at this map here. you can see san francisco health leaders say the city is experiencing major surge in cases right here. this graph really showing you the numbers of hospitalizations within the city for the last four months. so you can see right here the rise in the hospitalizations from april and may. you can see the number reaching closer to 94 there. then at the beginning of this month, here we are in july, they were down a little bit right there, but this month hospitalizations are soaring again, 112. now san f

development project for the pedestrian and bike path improvement. congratulation to all the recipients. together across all of these projects san francisco received 17 percent of the state wise available funds. i start of a new program that is a regional news based program initiated in mid july. marked the start of an 18 month project that is a pilot to demonstrate the news based fare program for low income residents. households with incomes no more than two times the poverty level a discount on the fare. plan pa bay area has an update t the federal level. inclusion of the draft blue print of that plan. the commission which commissioner ronan sits, thank you for your representation there. approved draft projects. all of our priorities did make it in to be recommended for the plan. it has not yet been adopted, that will happen next year. this is a significant mile stone to ensure certain projects are in at this point and will be worked on over the coming year for valuation and environmental review. downtown extension project was placed in the first half of the plan period which positions it well for the endeavor to meet the six party mou project party team. this will help the project be scet

the retail exposure, also to do with the way that the state backed funds do jump in and give guidance to the retail investor. fascinating developmentsn broader markets as well. let's get a bloomberg first word news update. the coronavirus crisis in the u.s. is showing no signs of abating. daily cases have top 60,000 for the first time. texas has reported record virus deaths for the third straight day. australia is tightening travel and reviewing quarantine rules after a recent spike of cases in melbourne. the eu most powerful nations were handed a shock defeat over the euro group president. ireland's finance minister paschal donohoe won the vote, backed by the bloc's smaller countries. he defeated the preferred candidate of germany, spain, france, and italy. singapore heads to the polls today. the ruling party seeks to extend its 55-year rule of the city state. and useure screenings of disposable gloves are used. key issues in the campaign include jobs and the economy, which is that the contract is much a 7% amid the coronavirus crisis this year. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than

developing news. fema asking for skilled medical personnel in five states facing recent surges in cases? >> reporter: that's right. those states being arizona, california, texas, louisiana, and florida. they're asking for medical supplies and funding. they say these states are in urgent need. tom? >> stephanie, thank you. >>> next, with election day 100 days away, president trump is facing falling approval ratings. and trouble in key battleground states. here's andrew dymburt. >> reporter: tonight, with just 100 days until the november election and the pandemic raging, president trump is fighting a two-front war. this week, the president acknowledging the severity of the virus, which he repeatedly said would just disappear. >> it will probably, unfortunately, get worse before it gets better. >> reporter: today, greeting supporters near his new jersey golf club, handing out keep america great hats without a mask. his likely rival joe biden slamming president trump's leadership during the crisis. >> i don't think he has any sense of empathy or any -- i don't think he can associate at all. >> reporter: president trump trailing biden in the polls in crucial battleground states -- michigan, florida, and arizona. states he carried in 20

put into this fund to allow the expanded federal support the most effective state to provide venture capital for those communities in need and also allows us to support community development banks that have a proven record of investing in minority small businesses. that 30 billion is estimated to leverage 150 billion of the financing and equity for more black and brown small businesses so the small business opportunity fund supports investment to commercialize the new technology that helps the manufacturerer get started and that private investment invest the private dollars to scale and grow and how we make sure those are the best ideas that are not due to race or zip code. right now in the midst of one of the greatest threats to small business the country has ever seen. what is donald trump doing about it? is given big banks the green light for those that are covered by the federal government with the most well-off and well-connected clients by shutting theie door on black and brown businesses without connections. some of you remembered but needed to be done in the first recovery plan puton forward is that we should use the authority he had under the defense production a

developments around the world will start in the united states which has reached another daily record of new infections with $60000.00 reported cases u.s. president donald trump passed threaten to cut federal funding to public schools that refused to reopen in the autumn and the u.k. government has unveiled a stimulus package equivalent to 33000000000 euros to help the economy recover from the coronavirus laca. well the crisis is having a major impact on millions of h.i.v. patients who rely on lifesaving drugs it's estimated that nearly 40000000 people across the world are living with hiv over snow cure for the disease of course he said aids and she retroviral medications to help to control it but the coffee 90 pandemic is interrupting supply lines for the medication and h.r.t. patients are often scared to go to the hospital because of the pandemic the krege report. to me would have preferred not to come to the clinic today because of the corona virus and to avoid questions from neighbors to me is not her real name she prefers to remain anonymous i knew she was a charity positive and wants to make sure her one year old daughter does not become infected. so my family no friends. know. because they