Folks theally shows weekend that we go into, it is midmay. I believe the calendar says its may 15. Part of that debate is the tension about june being upon us and even beginning to consider july. What i notice in my friday reading is that there is, including mr. Macron, there is this huge attention about this pandemic forward. Francine it certainly is and how you distribute all the medication. Lets get straight to the bloomberg first word news. Bless you, tom. Good morning, francine, tom. China denying it try to cover up details of the coronavirus outbreak. Beijing says it did not know until january 19 how infectious the new disease was. China says they release that information the next day. Chinese the federal government is out with new guidance on how to reopen bars, restaurants, and workplaces. Of cdc has outlined a number steps, among them, including social distancing, and how to tect coronavirus cases. Germany has ended a historic recession with its biggest month in over a decade
Steps. Morgan stanley and wells fargo join european lenders in pledging to preserve jobs during the crisis. Deutsche bank says it will pause future cuts amid its restructuring. Welcome to bloomberg daybreak europe. U. S. Futures on the back foot today after the best threeday gain in mere nine decades for the s p 500. The dow is technically in a bull market but it is 25 below the february 12 record. In terms of asia, a mixed picture. Following that emergency 75 basis point cut by the bank of india. A big drop in industrial profits in china. That is the news overnight out of asia. The 10year treasury yeild slipped five basis points. Risk off coming back into these markets after the powerful risk rally. We ask the question whether it is a bear market after the devastating rest jobless claims numbers, so weakness in the dollar. The dollar is hedging for its biggest retreat since 2009. Gold has its biggest weekly advance since 2008 after the effects of the funding squeeze and oil heading fo
Who perhaps met him at the airport their vehicle or vehicles were targeted along with several other people they lost their lives it was the parts of the airport compound that is separated from a Counterterrorism Center literally by a wall what youre looking at right now took place according to the reports that weve got that we are trusting within about a kilometer of the airport the gentleman that were the key gentleman that were talking about so the money was very very significant he fought in the 8 year long iran iraq war he managed to survive the flow the changes of iranian politics hes only ever given he had only ever given one interview in his life very quiet very much off the radar but incredibly well connected with the ayatollah how many thats the top line on whats happening of course the immediate back story is the way that the hezbollah militia was allowed 3 days ago to walk with impunity rights up to the front door of the Iraqi Embassy compound in the iraqi capital that is a
What Public Office have you held before, if you have and if so hello, welcome to all of those of you who braved the weather to come join us today and also to our online all of a sudden. We really appreciate you joining us. Im tara watson, i direct the center for Economic Opportunity here at brookings. I was asked to join a project. It was under the auspices of the convergence collaborative and the goal was to discuss policies to support working families and i quickly learned that this approach was really serious about bringing together people from across the ideological spectrum and about facilitating productive conversation so several dozen of us spent quite a bit of time for the past year producing a report. Youll hear a bit about that today, especially in the first panel bull then because the process was so unusual, i wanted to give people the opportunity to hear more about work across the spectrum more generally. So our second pan panel will be focusing on productive ways to do tha
Institution. Hello. Welcome to all of those of you who braved the weather to join us today, and also to our online audience. We appreciate you joining us. My name is tara watson, i direct the center for Economic Opportunities at here right here at brookings. A year ago, someone asked me to join a project. It was under the convergence collaborative, which i did not know much about. The goal was to discuss policies to support working families. I quickly learned this approach was really serious about bringing together people from across the ideological spectrum and about facilitating productive conversation. So several dozen of us spent quite a bit of time for the past over the past year producing a report. Which you will hear a little bit about today, especially in the first panel. Then because the process was so unusual, i wanted to give people the opportunity to hear more about work across the spectrum more generally. So our second panel will be focusing on productive ways to do that.