News of the collapse in oil prices will take you now live to hong kong for the latest. On the corona virus is spreading rapidly inside some of the worlds most congested jails in the philippines. As coronavirus cases in the United States increase President Trump says hes now planning to suspend all immigration in a tweet he said it was necessary to stop the outbreak and protect american jobs trump previously suspended travel from europe china and other nations john hendren has more now from chicago and why trump may have announced the plan the way he did. The president issued this tweet in the dark of night and he seemed to do that for good reason he could have made his announcement at his daily News Conference where he talks about the coronavirus and all of the actions the administration is taking but by issuing this mysterious tweet late on a monday night he gets the morning news cycles where the newspapers d in the morning shows talking about what hes had to say and then in the after
Serving. Watch booktv this weekend on cspan2. So welcome. The scheduling of this book and panel is certainly timely given the rising crisis with iran. Look into that subject eventually, but the point of the book, entitled seven pillars, and the discussion is to look more broadly and more deeply at the drivers of instability in the middle east. From yemen to syria to iraq, and now with iran, the region more than ever seems in a permanent state of turmoil. Its become a land of endless wars. Tragically, despite decades of intense and often wellmeaning american attention and the expenditure billions of dollars, u. S. Policy has more often than not been a failure. Maybe the caveat more often than not is, its been absolute failure, if one accepts the basic aim was to foster stability and better life for the people of the region. Of course the ones ultimately responsible for a countries success or failure of the people who live there, but the catastrophe in todays middle east raises questions
1st military reconnaissance satellites also more heavy rain and flash flooding turned the southern yemeni city of aden into a disaster area and well look at a u. K. Report bringing focus to the severe impact the pandemic is having on many young and vulnerable minds. So the u. S. Senates approved nearly 500000000000. 00 in extra aid to help businesses and hospitals during this pandemic the house of representatives will vote on it on thursday it would be the 4th such package since the crisis began meaning a total of around 3 trillion dollars mike hanna has more on all of that from washington with many senators working from home the boat with take them by voice all in favor say aye. All pose no. Yeah its fair to have it this follows intense negotiation between the white house and congress in recent days at the core of our remit is 320000000000 more for the Paycheck Protection Program which is already saving millions of Small Business jobs and helping americans get paychecks instead of pot
Tragedy, and germany leading on trying some way to get back to normal. Francine germany is a good test, but if you look at the number of lockdowns and when it happened, various countries also have very different patterns. They are similar in some ways but depending on when you started the lockdown you will have a Different Number of infected. I have been looking at mathematic modeling and out of europe, the u. K. Comes up with the moats most deaths. We look to germany to see if there is a solution. Some setbacks, singapore having a tough go of it. The United States, you looked at , andectors of the pandemic massachusetts and california having a tough number of days. Right now, we need a news briefing. Viviana the u. S. House could vote on the pandemic measure as early as tomorrow. The Senate Passing a 484 billion release relief package, including money for the tapped out program to aid Small Businesses and aid for hospitals. Immigration and president donald trump, he announced he would
Holding onto those gains. The s p 500 up. The nasdaq is up 2. 4 . The dow is up 1. 8 . Chipotle is at the top but like many other companies it beat estimates. The dollar continues to strengthen. Standing by with a deeper dive into the action we have taylor riggs. Taylor you mentioned crude on your board and i wanted to start with oil prices. They were up 20 or so after six days of losses. Theyre trying to rebound but still down where the 50 . It is unbelievable the price action. U. S. Oil inventories have risen for a 13th straight week but there is potential positive news. Yesterday, they were shortselling on a stock and if it plunges more than 10 that would apply to the largest etf. Some of the reasons we are seeing some stability. We need to talk about the largest oil etf. It is tracking crude prices pretty closely on a yeartodate basis. We know that yesterday there was a premium to the shares given that they ran out of what to sell investors. Theyre trying to take advantage of low o