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The banks and government begin to roll out a 350 billion loan relief package Consumer Staples just turned positive rest of sectors are negative 59 minutes left of trade coming up on the show, well speak exclusively with Jeffrey Katzenberg well ask him about the Coronavirus Impact on the entire Entertainment Industry plus, the ceo of go daddy yoins us with a look at how Small Business clients are dealing with the kris and of course with job losses but we begin with breaking news in washington. President trump meeting this hour with executives from Energy Giants like exxon and chevron at the white house. Brian sullivan joins us now with more ....
Ahead we will be covering all aspects of this health crisis. We want to begin in the first hour with the Financial Impact it is having on you, your family, your loved ones. If you are recently unemployed as a result of the coronavirus, 202 7488000. For all others, 202 7488001. You can join us on social media, we will read your tweets at cspanwj. We are also taking her text messages, tell us your first name and where you are texting from. 202 7488003. A lot to talk about in the next hour. The Johns Hopkins sobering numbers across the years across the world now, 670,000 confirmed cases, approaching 31,000 deaths around the world. Here in the u. S. , close to 125,000 confirmed cases of the coronavirus in the United States. We want to get your phone calls. Again, if you are recently unemployed, tell us your situation. That n ....
Mentioned that in the last episode and he was so prescient about this pandemic situation when he predicted sort of a pandemic basically that negative rates were signaling that he predicted that last june or july he says i think we have just witnessed the end of the petrodollar system non us countries will soon see a new unit of account medium of exchange and store of value a new Bretton Woods that will not be decided in america or by americans right well all the key players necessary for that are involved right now saudi arabia russia states so the petro dollar of course was established in the early 1907 days with america and saudi arabia when america defaulted on its sovereign debt remember Richard Nixon defaulted on the dollar default on the treasury market and we went on the petro Dollar Standard because america had to ....
System non us countries will soon see a new unit of account medium of exchange and store of value a new Bretton Woods that will not be decided in america or by americans right well all the key players necessary for that are involved right now saudi arabia russia states so the petro dollar of course was established in the early 1907 days with america and saudi arabia when america defaulted on its sovereign debt remember Richard Nixon defaulted on the dollar default on the treasury market and we went on the petro Dollar Standard because america had to close the gold window could no longer fulfill its obligations to its creditors this was the beginning of the petrodollar era and the beginning of all things everywhere are being priced in dollars oil is being priced in dollars all commodities are priced in dollars i gave ameri ....