Among, at least seven different other items that World Health Officials will look at, including the president of the United States before deciding at the end of this month whether to extend sheltering provisions or to start unwinding them n the middle that a bit of a constitutional back and forth whether the president alone can decide this matter. We have different reads of this. Well get into a little bit on this, some say that the president is wrong, states ultimately decide on this. The president granted them power when and how far to shelter, then they have the power to decide when and how to deshelter. Well get into that. It is a fascinating legal argument here, one might be a moot point if any of this progress weve seen reverses or slows, likely pushing back a timeline on getting everything back to normal. A lot of fast moving developments. Connell mcshane on the latest developments. Hey there, connell. Reporter neil, if there is agreement between the Health Experts around the wo
Even though some of might be different directions. Were monitoring that. Monitoring what is the second biggest point gain so far, for the dow jones industrials. All major averages are advancing pretty smartly, right now, amid talk that this deal will get done, timing is only issue here. Whether this stimulus measure. That is out there, will be enough. Including that lockdown in wuhan, the epicenter of the coronavirus, slowly by surely. Keep in mind that about 60 million chinese remain in this proverbial lockdown. But the biggest of all was instituted a few moments ago with indias Prime Minister, announced a lockdown not for a section of country, not for some in this country but for all. 1. 3 billion indians in his country. This will last for 21 days. Youre beginning to see a trend here that shows the frantic efforts we are taking to provide stimulus to sort of slow the Economic Impact or the a least the arrest the blows in this country. As other countries are sort of dramatically ackno
Development, even though the number of cases in the number of deaths rise, they are rising at a slower rate, hospitalizations are growing at a slower rate and now of course admissions into intensive care, that to is dropping. So those are constructive developments that you obviously want to see. But we told you about Boris Johnson doing better. People forget another thing were dealing with is the ceo of morgan stanley, he is okay right now, he is recovering from the coronavirus. These are bits of news that we tried to get out to let you know not all the news is grim as they continue to look at what a good time to gauge when making kind of slowly get ourselves into weaning out of the lockdowns parade were a long way from that and a lot of folks to say this is a generous timeline, we will get both sides of the story. Right now we know the healthcare tax force led by the president is going to be reporting a little earlier than normal, about an hour from now. Like fermented tea it all up.
Also alarming. When i to up to my boys to make sure theyre ready for school to get on the bus and in two minutes. Chad pergram on the nonurgency urgency. They have to fund the government by 11 59 59 friday night. They did one in september, two in december, this would be the fourth one. Otherwise the government shuts down on the oneyear ankers versery of President Trumps inauguration. It comes down to math. You have a couple of key issues. Defense spending. Defend hawks want an increase in defense spending. Democrats say if you go for that we have to have increase in nondefend spending. Daca is the big issue here. Republicans dont have the votes to avoid a Government Shutdown. Mac thornberry is the chair of the Armed Services committee. He didnt think there would be the votes to avoid a Government Shutdown on republican side of the aisle unless they had agreement in place. If they turn to democrats, look at the vote breakdown, pat tiberi, the republican congressman from ohio he resigns
Revenue abroad is translated back, it is translated into more dollars, but, but, longer term could be a problem with more currencies, digital or otherwise. Eventually it may clip us. Were on top of some white house developments. We might hear from the president of the United States. Remember he is heading off to davos. So when he does, and outlines some plans, he is formizing a lot of ambassador assignments right now. I dont know whether they give them press passes or what. Bottom line, that is what were waiting on. Later on today he will meet with the nations mayors. He will be a busy guy. Of course theyre trying to say now that the government is back in business we think get back to business, resolve all this immigration kerfuffle, sooner rather than later. That well get into is looking a little bit dicey. Meantime, more companies sharing the their riches, their tax cut riches. Starbucks latest to say it is going to be sharing wits workers, not only bonuses or maybe cheap coffee but