Mondays losses on the dow eclipse the first day of the wall street crash in the great depression, as the ceo of nasdaq says it is critically important to keep markets open. Macron callsuel for unity in the battle against the coronavirus. The e. U. Closes its borders, as im a trump admits the u. S. Could enter a recession. Unknown, volkswagen says the economic fallout from the pandemic is impossible to predict, as car plants across europe are shut down. Anna good morning everybody. A grizzly monday on wall street following a 100 basis point cut from the fed after an emergency meeting, the dow fell almost 13 , the biggest plunge since 1987. Oil hit its lowest level in over four years. President trump says the coronavirus may cause economic disruption against the summer and it could send the u. S. Economy into recession. Pointing, u. S. Futures up and european features also pointing to gains. The s p has fallen or risen by 4 last six days, an incredible record of volatility. And, lets loo
Its good to have you with us. Pressing but not preaching pope francis spoke before a joint session of the u. S. Congress today, the first pope to ever do so. He went in with an agenda, but not to pick a fight. It was obvious from his very first sentence. We begin tonight with the pontiff on the worlds most political perch. They did not know what he had in mind and gave him a standing ovation. The popes speech embraced a huge list of divisive topics. On immigration, he said faceless numbers must begin back their humanity, and he even aimed to link american actions abroad with its security situation at home. Pope francis we want security. Let us give security. If we want life, let us give life. If we want opportunity, let us provide these opportunities. We are the stick we use for others. Well be the yardstick which time he used for us the yardstick we use for others will be the yardstick which time used for us. It reminds us of our responsibility to protect and defend human life at ever
Ham ause uses tactics that are beneath the dignity of the human race as they carry out attacks. Israel has proven time and time again, it is willing and waiting partner in the struggle for peace in the region. It continues to endure after attack yet faced with the pure evil that halmause represents, no one should find fault in israels measured response and efforts to ensure these attacks are halted for good. We must continue to show our unwaivering support for our ally israel. And i yield back. The speaker pro tempore the chair lays before the house the following message. The clerk section 202d provides for the automatic termination of an emergency unless within 90 days of the anniversary date the president publishes in the federal register and transmits to the congress stating that the emergency is to continue beyond the anniversary date. I have sent to the federal register for publication the enclosed notice stating that the National Emergency with respect to lebanon of august 1, 200
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