Wearing of mosques in public. If we do it right we can overcome this crisis the head of the European Commission says the stakes couldnt be higher as e. U. Leaders discuss a major financial virus Recovery Plan. Also ahead the u. S. Tells the European Union it should do more to tackle those defying a u. N. Arms embargo in libya. And the hamas with the sport real madrid have won the Spanish League title for a record extending the 34th time. Man ending the clubs 3 year wait for the tennessee. We begin in india where the number of corona virus infections has now surpassed the 1000000 mark several states and re imposing restrictions after the lifting of the nationwide lockdown last month. More than 25000 indians are reported to have died off to contract the disease the actual number of infections could be much higher than reports of life to elizabeth peron im in new delhi. Tell us more about the government reaction to this latest grim statistic. Hi peter well we very much seen the management
Fed governor saying the fed is likely going to need to shift its Monetary Policy from a policy of stabilization to a policy of accommodation which means helping the economy achieve the level of growth that it has previously. Remaining low until certain Employment Outcomes are hit. A thick fog of uncertainty now surrounds the United States. She goes onto say the Downside Risk dominates the strength will depend on Additional Support along with Monetary Policy. She urges fed emergency facile tills to be as broadly accessible as possible perhaps a concern on her part that maybe some of the current facilities are not. Melissa. Does she sound much more pessimistic compared to other Federal Reserve Board Members . She does sound somewhat more pessimistic but the fed overall has been more pessimistic than the market this continues that concern. The concern about uncertainty that really has been a consistent note from fed chair jay powell but perhaps youre right, shes more pessimistic especiall
And we are out of time we hand it over to melissa lee coming up on fast, follow the yellow brick road, that is the message from the chart master, why carter worth is betting on bullion. Payment problems, the analysts call square tumbling today, and later. One more big uptick, i dont know whats doing it. We have a major trade update from davy day trader. We start off with a big market rally. The s p posting its highest close over 2 months. The nasdaq now up 3 in 2020 a far cry from where we were just a few weeks ago do you believe in this rally, guy . Hi, mel hi, guy no. I dont believe in it at all ive been wrong now for the last couple weeks this move from 2800 has me scratching my head consistently, the paint trade is higher not only was the open of a vaccine the 60 minutes piece with joer oem powell which was somebody like me, stomach turning, when asked, where are they getting this money from, thats one way of putting it, that was a lot of this as well i see what happened today, i g
Coronavirus restrictions. At c. E. O. Iran last defies knocked on the orders to restart production at the companys kind of one year process he says hes willing to go to jail to keep the assembly minds rolling. Hello im christine want to welcome to the program the coronavirus and their make has brought the work of mrs into sharp focus as they struggle to care for patients suffering from close at 98 and today on International Nurses day nurses around the world all speaking out to demand better protection as they risked their lives to do their jobs this nurses day also marks the 200th anniversary of the birth of a pioneer of modern nursing Florence Nightingale. The original queen of hygiene Florence Nightingale she revolutionized Battlefield Medicine june the crimean war and laid the foundations for modern nursing on tuesday nurses in sri lanka celebrated her 200th Birthday Well also honoring the tartus work of nurses all around the world. At the demand event that in many of us they were
As of tuesday global deaths from coronavirus top 254000 the number of cases stand more than 3600000 a vaccine possibly and play now as u. S. Based Company Pfizer is working with german drug maker biotech and said they have already started delivering doses of their experimental vaccine here in the United States if the vaccine proves to be safe and effective it could be ready for why do u. S. Distribution by the end of the year well this comes as we reported yesterday the trumpet ministration is predicting a continuous surge in new cases based on a new model where up to 3000 daily deaths will occur by june 1st the white house now predicting a death toll of 134000 this is nearly double its previous estimate well. Trump ministration is now reportedly looking to phase out the white houses krone task force and turning it over to Pandemic Response agencies by early june meanwhile more countries around the world are easing restrictions this includes hong kong which announced plans to relax soc