Cases that is compared to chinas 81000 now worldwide there are now more than 529000 confirmed cases and more than 23000 deaths now these numbers keep changing by the hour and well continue updating through the broadcast. After days of debate republicans and democrats came together to pass the largest ever stimulus package for americans impacted by the coronavirus shutdown the bill is now headed to the house and President Trump has already promised his signature archies Rachel Blevins is joining us live with a breakdown of whats in this bill rachel well manila the senate alive and our vote is being called historic after the democrats and republicans who have disagreed strongly on this 2 trillion dollars stimulus package passed it with unanimous support Late Wednesday night President Trump who has already promised his support took to twitter where he wrote 96. 00 to 0 in the United States senate congratulations america as part of the stimulus package americans with an annual income of less than 75000. 00 will be eligible for 1200. 00 and rebate checks married couples will get 2400. 00 and families will get 500. 00 per child that amount decreases for individuals who make over 75000. 00 and if your annual income as an individual is over 99000. 00 then you dont qualify it all americans are already feeling the impact of the coronavirus shutdown and unemployment claims in the u. S. Have hit a record 3300000 in the last week before the deal passed Senate Republicans criticized it for being too generous with Unemployment Benefits but they later relented and agreed to the terms the package they passed addresses the crisis by giving unemployed workers 600. 00 per week for up to 4 months on top of the state benefits they already received they would also get an additional 13 weeks of Unemployment Benefits that deal 6 to create a Pandemic Unemployment Assistance Program for those who have lost hours and wages due to the shutdown but dont qualify for traditional benefits now the package also makes independent contractors and part time workers eligible for federal benefits over lost wages and offer Small Businesses 350000000000. 00 in forgivable loans the health care in. History has also been hit hard by the corona virus pandemic with states across the country reporting shortages of surgical masks ventilators and other supplies while Senate Democrats initially criticized republicans for being too cheap with their proposal for aids the final number they agreed on is now above 100000000000. 00 the deal creates a fund for rio to reimburse hospitals doctors nurses and providers impacted by the coronavirus pandemic it also lemonades more than 8000000000 dollars in scheduled payment reductions to hospitals treating uninsured patients and it boosts reimbursements for facilities treating medicare patients diagnosed with the coronavirus by 20 percent we have also seen ongoing criticism for the deals that tends to take care of Corporate America and develop Companies Like boeing which has lost billions after its negligence resulted in the death of 346. 00 people the deal comes with a 500000000000. 00 Lending Program that is meant to bring relief to the Industries Hit hardest by the coronavirus pandemic it also includes rules banning stock buybacks by companies receiving aid and banning elected officials and their immediate families from receiving aid it also sets aside 17000000. 00 for companies the government sees as crucial to National Security a list of boeing would be included on now the largest economic stimulus package in u. S. History is now headed to the house where a vote is set for friday morning while it is likely to pass it has received heavy criticism from representatives who argue that the tax should have been made public before last night and that the government is still not handling this crisis in the most effective way reporting in the newsroom Rachel Blevins art she. And as the economy faces a widespread economic shutdown caused by the coronavirus more americans are applying for unemployment claims especially in the hard hit state of california are key correspondent natasha suite is live for us. In los angeles with more details natasha. Yeah manila the state of california has certainly been impacted by kobe 19th in the last 2 weeks alone more than 1000000 californians have filed for Unemployment Benefits since march 13th and thats when businesses have shut down to comply with the states stay at home order hoping to slow the spread of the virus nearly 3300000 americans applied for Unemployment Benefits last week almost 5 times the previous record set in 1982 amid a widespread economic shutdown caused by the crown of virus a big portion of those claims coming from the state of california a whopping 1000000 within the last 2 weeks Stephanie Meyers says shes hoping to see a stimulus check arrives soon the cant help but worry about the bills piling up ive been pretty good about a whole knit together and i just finally broke down and cried. Because you have to think about whats in that bank account. How youre going to start paying the bills you know i got home and started making a list you know ok ive got a car payment ive got rent the San Francisco area was the 1st region in the country to install a shelter in place order governor given you some signed a stay at home order for the entire state 3 days later new some is praising the proposed chrono virus relief bill currently california allows up to 4 150. 00 a week for Unemployment Insurance the relief bill would add an additional 600. 00 a week for up to 4 months giving california residents up to 1000. 00 a week with this number of new claims from one another this is truly unprecedented and that resents the ambassador the nature of what were going through right now to remove the National Crisis the Great Recession the highest or National Number of new claims or benefits we saw approaching with say to some 100000 more so weve. Got Record Number as for banks wells fargo. U. S. Bank city and j. P. Morgan chase will defer mortgage payments up to 3 months according to a new some everyone is eligible for girl lists of how much they make the governor is criticizing bank of america for agreeing to waive mortgage payments for only one month he says he hopes they will reconsider and do the right thing but a spokesman for bank of america says they will consider extending their offer for more than 90 days depending on the crisis meantime cities and counties have begun halting new vixens against tenets who cannot afford their rent in the San Francisco and sacramento regions cities and municipalities have already passed you picture moratoriums that prevents anyone financially impacted by the virus from getting kicked out by their landlords. Now california has seen an influx of crown of everything he says as more time soon is being done were seeing numbers doubling some every 3 days and according to don there have been 65 deaths and more than 3000 infections counted so far the port in Marina Del Rey the toughest suites are to. The housing crisis of 2008 saw millions of homes go underwater in a selfinflicted wound that took years to building up in a bubble back then it was a combination of eager buyers and lenders who were in discerning of who could get a home loan now its taken the country the better part of 10 years to recover from that crisis and now americans are facing a new threat to their homes kogut 19 with lessons from 2008 in mind local governments are taking drastic measures to prevent another housing crash so joining us to discuss realtor and estate director at Compass Real Estate group naomi klein is here and we thanks for being with us and sharing your expertise so the question everybodys mind i think is will the coronavirus push us into another housing crisis like 2008 and what are the trends looking like where youre at. I now thank you so much for having me yes i do think that the current arrived. Well push us in the Housing Market but i dont think it will be anywhere near 2008 and the reason for that is because we had so many subprime lenders and the banks as well as as fires have learned their lessons you have a lot of homeowners that have equity in their home upwards of 203040 percent so there is going to be no rush to sell unless youve gone from a 2 to one income and its nats the chains because of some of the mortgage forgiveness or. Sellers will not have to sell in any type of fire sale theyll have from. Time to work it is that its not rushed ok so thats some good news for people and especially in california where here at governor gavin newsom has asked the 5 biggest banks to suspend mortgage payments for a while at least until we get a clearer picture of how this virus shakes out how might this impact your industry especially since Mortgage Loan applications took a sharp decline over the past week of like 30 percent. Right yes so what we need to look at statistically there is equity in it of march ones went up 220 percent so with them going down 30 percent thats actually a good thing because its getting the banks a little bit of time to now have time to process those those broker ngukurr just says and for refinance so theyre still up 190 percent just a few weeks and should be Interest Rate is around 3 percent if the banks werent overloaded with all of the retries the new purchase. Rone applications so once those loan applications decrease a little bit and the banks have a little bit more time to process i believe youll see the Interest Rates go down perhaps to 3 percent again thats great news for. Hires and then as far as sellers are variants its great everyone just needs to catch their breath right now not have you know shark moves either way your professional training actual or real estate oriented and best in suggest for you as a home buyer or as a seller there are definitely a lot of possibilities and alternatives that are available for briars and sellers. Real estate is a very in person business theres a lot of close contact youre also going into peoples homes who you dont know so since the outbreak began and social distancing became the new norm how are realtors kind of altering their daily mode of operation to accommodate the c. D. C. Health guidelines. So we are definitely pivoting and. A lot based time and virtual showings so we will go into a house with that being either the owners you know take a walk outside but there are questions that we ask them had they traveled to any of the affected areas have they been tested are they experiencing any of the symptoms. You know is showing and from there we asked them to turn on all the lights to unlock the door or literally in the car while theyre doing that so that theres theres no downtime there and we will do a time showing with a prior while the technology has to come in here to help with all of this obviously so after all this is over and the curve has been flattened do you think the Real Estate Interest industry will see a permanent shift or any major impacts from corona virus like you said such as these video showing. Yes i do i mean think the good news is that. Human nature i feel has short term memory which is great was actually made i asked in saying this is the time this is our Great Depression moment that our grandparents no parents felt so well never forget it but we will be able to move on and i think were going to practice no sugar thing for why all but maybe not as severe as we are right now i think that shows are going to continue i think the biggest question mark in the barents and the mortgages to people i mean i think were already at 3300000 people for unemployment so you know that thats going to be significant and with the Mortgage Companies doing a lot of parents say is its not a given as to not pay so you dont know what the terms are are they going to tack on those humans the end of the morning a job or are they going you know increase your rate after in 1000 holdouts. So i think youre going to see some sales coming up in 6 months but theyre going to have trying to sell because of that that flexibility that the banks are giving them all right naomi klein of Compass Real Estate group we got to leave it right there thank you for all that sound advice. Thank you monella. All right in an unprecedented move the u. S. State department is indicting that as well as president Nicolas Maduro get this allegations of Drug Trafficking and theres also some reward money being offered find out more about that after this and then over at the sports h. Kill regina hammer share some sad news on what should be a happy day in Major League Baseball there about. The stock market i could imagine trading in a 1000 again on the dow and that would be an appropriate level given the true underlying economic factors the bond market. Should be 4 or 5 percent in the 30 day Interest Rate ok that would mean bonds would be down 506070 percent but thats. A normal valuation and thats what we need right. Seemed wrong. To me to be yet to shape out these days become agitated and engage with equals betrayal. When so many find themselves worlds apart and we choose to look for common ground. In doing it with i dont know maybe. Just after they do why do they have. d thats why i. Was. Always told was yes measures. All the measure was going to disease but. Join me every thursday. And ill be speaking to us through the world of politics. Im sure ill see you the. Venezuelan president Nicolas Maduro and more than a dozen other venezuelan officials have been indicted by the u. S. For charges in narco terrorism and cocaine trafficking conspiracy were not acting as the worlds policeman were acting as policeman people who are obligated to protect the american people. The announcement came today from u. S. Attorney general bill barr and the head of the d n a with the charges contained in separate indictments in New York Miami and washington now the move ramps up the latest move against a country thats already struggling economically as it faces the dire consequences of the coronavirus pandemic so joining us now to break it all down Miguel Tinker Salas hes author and professor of latin American History at Pomona College professor thank you for being with us so 1st the indictment of a head of state is unprecedented the state department is now offering a reward of Something Like 15000000. 00 for information leading to the capture of president mother little can the state Department Just sort of put a price on the head of state like that. It was obvious that this administration feels that it can do whatever it wants the fact that bill barr has to start his conference by saying we are not the policeman of the world in fact speaks of the fact that this action is highly political and really reinforces the notion of the us as an imperial power able to dictate policy able to order the arrest of World Leaders heads of states as it wishes if it really was interested in dealing with drug issues it would actually look at some of its closest allies in latin america in all due to us one would love to have done this whose brother was indicted and found guilty and in new york courts for actually Drug Trafficking has also been implicated in Drug Trafficking so have many other political leaders in the region including leverage in colombia so this is very much a clearly a political moment a cruel inhuman action at a time in which the country is reeling not only from the pen demick but also from low prices for oil and also dramatic shortages created in part by the sanctions imposed by both the Obama Administration and now the trumpet ministration and what you brought up the sanctions because the u. S. Sanctions against countries like venezuela we know its nothing new this is a tactic the u. S. Has used on many states but how effective are these sanctions because according to a report for us from back in march 12th by the Congressional Research service they say quote broader u. S. Sanctions adopted since 27000 have yet to compel me to leave Office Despite the countrys increasingly dire Economic Situation they have also provided a scapegoat on which mother at all has blamed the countrys economic problems so what do you say to that. Well i think theyre correct i think the government needs to look at his old Congressional Research council and accept the fact that sanctions wherever theyve been applied where they were applied to cuba for 50 years did not effect regime change where theyve been. Applied to iran for over a decade have not affected regime change and the same thing in business where not what sanctions do however is worsen conditions on the grown aggr