Millions and stood in silence to honor the more than 3000 people who have died from corona virus there there have been 82000 confirmed cases in china but most have already recovered betray you has more from beijing this is to really to remember the lives of those who have lost their life to covert 1000 here in china more than 3000 people according to official figures and its also to honor the lives of 14 Health Workers doctors and nurses who have been designated as national who will who lost their lives while they were treating coronavirus patients mostly in who a province and that list includes dr lee when lee young who was famously one of the 1st whistleblower doctors to call attention to the outbreak late last year when it was 1st beginning now this is the 1st time that china has held such a such a day for a Public Health disaster this is previously only happened because of natural disasters such as earthquakes. The u. S. Centers for Disease Control is recommending americans wear ma
Im Francine Lacqua in london. These are your markets. 0. 4 . An markets down a lot of the market put a position that the economy and a lot of the earnings would go through the coronavirus. Not so after the apple news yesterday. There is more concern about the deadly coronavirus trade looking at treasuries, they are rising. Americans reopening after a holiday. Yesterday was president s day. Jumping as much as 24 after unsuccessful bid for the small arrival. This may be the kickoff of banking consolidation in italy and then further into europe. Coming up on bloomberg surveillance, our exclusive conversation with the hsbc Financial Officer on the banks job cuts. First word news. Viviana hsbc is set to slash 80 of its workforce. The lender taking more than 7 billion of charges and suspending buybacks as part of a restructuring plan. Plans to exit some businesses and cut costs. Hsbc still hunting for a permanent chief executive. We also spoke to the lender cfo about the coronavirus outbreak
Happen under and unfortunately this is the country has not figured that out including a lot of pretty intelligent people and people with good intentions you know wed love to keep running our stuff the way were running it now by other means its just really unlikely to happen you know this combines 2 things that are really shouldnt be combined one is Climate Change denial the green park and one is that governments can possibly do anything positive the new deal part so these are 2 areas that the predominant Political Forces like to tell us are socialist or theyre impossible or we dont have the money for them so all the branding on this is horrible is there a way to present this that would be more palatable because clearly infrastructure needs to be upgraded that thats something that avalanche need to do somebody needs to do it but and its crumbling how is that going to happen and clearly what sea levels rising. And with asifa cation of the oceans and with all the other problems that come
Guess was basing her thing on f d r Franklin Delano roosevelt and his new deal so the Green New Deal is supposed to be a jobs program and a Climate Change deal we have with us James Howard Kunstler and randy volar jim now tell us what you think of a Green New Deal is it a great jobs program is it a bad jobs program is it a good reason to have a deal its when you wish upon the star program because you know weve entered a kind of period in our history which is a era of Wishful Thinking and i think the truth of the matter is unfortunately were not going to run while disney world the u. S. Military suburbia the interstate highway system. And our great metroplex cities on any combination of all to fuel and all to energy and im afraid its going to come as a is a big disappointment to the American Public the main reason for that is you really cant fabricates. The equipment for all these things and service them and maintain them without an underlying fossil fuel economy platform for that to ha
Cities on any combination of all fuels and all to energy and im afraid its going to come as a is a big disappointment to the American Public the main reason for that is you really cant fabricate the quitman for all these things and service them and maintain them without an underlying fossil fuel economy platform for that to happen under and unfortunately this is the country has not figured that out including a lot of pretty intelligent people and people with good intentions you know wed love to keep running our stuff the way were running it now by other means its just really unlikely to happen you know this combines 2 things that are really should be combined one is Climate Change denial the green part and one is that governments can possibly do. I think positive the new deal part so these are 2 areas that the predominant Political Forces like to tell us are socialist or theyre impossible or we dont have the money for them so all the branding on this is horrible is there a way to prese