Measured by the pboc. Rate cut by 10. All helping to cushion the Economic Impact of the virus. Down almost 1 . Bucking the trend. But stake a look at where we are in terms of asian stocks. They say this is not a reflection. Rishaad 15 down for new york crude. Nevertheless, we have seen that severe weakness. Gold not much of a haven. Lets have a look at what we can expect from indian markets. The rupee strengthening by 6 10 of 1 . Haslinda the r. B. I. Laying the ground for more rate cuts. President trump has suggested china may have deliberately caused the pandemic. China hit back, accusing washington of trying to shirk responsibility of its own failures. Another ratcheting up of tension over the handling of the virus. That is right. To accuse china of deliberately starting the coronavirus is remarkable. Many would describe as a borderline conspiracy theory. The in the views of minority of people. Now he is saying that maybe china started it. Being knowingly responsible. He said there
Demand for fuel continues to collapse. U. S. Futures dropping below 20 a barrel. Bridgewater associates says the pandemic is more damaging than the financial crisis i decade ago. We hear from the cochairman, ray dalio, this hour. Shery here is how markets are trading at the moment. We are seeing stocks continue to gain ground for the third session. We continue to see Downside Pressure for u. S. Futures, which are down 0. 7 . Really accelerating those losses this evening. This after the s p 500 already sank from a onemonth high. We have seen earnings, Economic Data highlighting the impact of the coronavirus pandemic. Nikkei futures down 0. 4 . As we continue to see an appreciation in the japanese yen, which is now at a two week strength against the u. S. Dollar. When it comes to crude, prices rebounding a little bit after plunging to the lowest level in two decades after the record collapse in u. S. Fuel demand. In his daily coronavirus briefing, President Trump saying there are positiv
The kospi back online after being shut yesterday. We know that president moon securing a big win, capitalizing on success and containing the pandemic. 100 taste 103 seats in parliament, ending a bull market yesterday. Ahead of the earnings later today, the first earnings since the pandemic started. So a gauge of how the Tech Industry is doing. Lets flip the page and take a look at currencies right now. The dollar index up, surging the most in weeks. Weaker today. A question of why that haven like the yen is currently down. On risk aversion and the plunge and ore prices adding to the conscience. Today, almostbers 6000 jobs created. Expectations were for a drop of 30,000. Parttime jobs pretty much responsible for the jobs added. One. Ooking at the rishaad data from the u. S. , retail sales and production numbers not for the faint hearted, cratering in march. Saying businesses are increasingly concerned about even weaker conditions ahead. Kathleen hays has been looking at wall all these f
George thanks for having me. Steve you have devoted a considerable amount of time studying medicare and medicaid. Legislation was signed into law in 1965 by lyndon johnson. Part of the Great Society program. Take us back to that time. And how this legislation was significant at the time and how it has evolved in the last 50 plus years. George thats a great question to start off with. Medicare and medicaid passed in july, 1965. Medicaid was really an afterthought in the legislative drafting process. The laws ratification shortly after the assassination of president john f. Kennedy meant that there was a greater focus on the medicare law and there were certain historical reasons for this. Medicare began and grew out in 1960 which also grew out of the medical aid for a program, which was a new deal era program that began in the 40s and 50s. For that reason, most policymakers and legislators were focused on delivering medical assistance public Insurance Options for the elderly who were at
Are traveling so fast. The fact i get to see this every , i have to take it in and make sure i appreciate getting to be here every day. The canyon has been forming for about one million years or so. The bulk of the formation has happened in the last 100,000 years. It runs from here close to the town of silverton. You can make a really good case the canyon is at least 80 miles in length. The river is probably more like 120 miles. It is the second largest canyon in the United States after the grand. It is not a single canyon. There are many canyons that branch off to the side. We can see three canyons from where we are at right now. It is a much bigger system than people realize even with a brief visit to the state park. I grew up in amarillo. As a young kid, i remember coming out in elementary school. And after that, as soon as i got my drivers license, i was driving out here bringing friends. We would explore some of the caves. I can tell you it is much bigger than what you think it is