The global corona crisis you can find more Information Online at e. W. Dot com and on t. W. Social media channels. Bringing in a bit more normality after 2 months of coronavirus closure of the Trading Floor of the New York Stock Exchange reopens well get the latest from our wall street correspondents. Also coming up the new commission is proposing of the last budget for the coming years but a rift between countries over how to finance the recovery. This is threatening to derail plans and spain is hoping for tourists the summer but will they visit a country heavily hit by the coronavirus and that. Im Chris Culliver in berlin walk through the program the Trading Floor of the New York Stock Exchange has reopened thats after the closure of 2 months due to the coronavirus and the sign of the times new York Governor Andrew Cuomo more a face mask to ring the opening bell wall the Trading Floor may be opening and it will not be business as usual the ongoing pandemic means traders are forced to
World health organization. White house officialsls said it allowed the coronavirus outbreak to be a global killer. 100 countries are backing an investigation how the w. H. O. Handled the pandemic. And Homeless People in the u. S. And virus. Activists say the resources are there to help get them off the streets and reduce the risks. So why isnt more being done . And french cinema loses a legend, star of the stage and Silver Screen has passed away at the age of 94. Im brent goff to our viewers on pbs. Half a trillion euros to help weather the worst crisis in decades. Angela merkel and president macron have a joint plan to speed the funds. And in a first, chancellor merkel ended her resistance to the European Union raising joint debt to fund relief efforts. Its wishful to think that europes economy. Even before the e. U. Commission presented its aid package they are passing a joint relief package to put this cripplili phase behind them. Chancellor merkel stressed the coronavirus pandemic
And russia seeing sharp rises in their cases brazil topped 127000. 00 and factions leading to an even gloomier outlook for the 2nd largest economy in the western hemisphere this as analysts Capital Economics have predicted at least a 10 percent decline in the nations quarterly growth this due to the outbreak while russia still seeing a surge in cases with most of its capital and largest city moscow the virus lock down combined with the global drop in oil prices well theyve contracted russian economy activity by one 3rd according to the countrys federal tax service chief meanwhile the us still the epicenter of the global disease with more than 1600000 cases the us unemployment numbers are still growing last week another 3300000 people filed for jobless claims bringing the 7 week total to 33500000 this while President Trump has renewed his calls for the Supreme Court to strike down the countrys Affordable Care act also known as obamacare this is a move criticized even by his own general
Hemisphere this as analysts Capital Economics have predicted at least a 10 percent decline in the nations quarterly growth this due to the outbreak while russia still seeing a surge in cases with most of its capital and largest city moscow the virus lock down combined with the global drop in oil prices well theyve contracted russian economy activity by one 3rd according to the countrys federal tax service chief meanwhile the u. S. Still the global epicenter of the disease the u. S. Unemployment numbers are still growing the last week another 3200000 people filed for jobless claims bringing the 7 week total to 33500000 this while President Trump has renewed his calls for the Supreme Court to strike down the countrys Affordable Care act also known as obamacare this is a move criticized even by his own general attorney or attorney general rather according to sources. Obamacare is a disaster but we run it very well were going to replace obamacare with Great Health Care at a lesser price an
A wall toss away from all time high so basically even with the unemployment numbers the news wire was bad but apparently this is less that because last weeks tally was the lowest since shortly after the clinton virus was declared a pandemic so many analysts believe that we have kind of cycled through the worst of the 4 shutdown but on the other camp i dont think its true many think that the aftermath of the disaster is going to be the much bigger problem than the disaster itself its going to be the rebuilding and the reopening and this is not going to be a very quick recovery but the market in of itself theyre still up on optimism because were doing less bad the entire good news is bad news and bad news is good news narrative is still intact well we are waiting on a report for more numbers to come out for the month of april tomorrow well see if that has any effect on the market but danielle 10 year treasury yield fell by point 7 percent on thursday and now this comes after the week tre