And russia seeing sharp rises in their cases brazil topped 127000. 00 and factions leading to an even gloomier outlook for the 2nd largest economy in the western hemisphere this as analysts Capital Economics have predicted at least a 10 percent decline in the nations quarterly growth this due to the outbreak while russia still seeing a surge in cases with most of its capital and largest city moscow the virus lock down combined with the global drop in oil prices well theyve contracted russian economy activity by one 3rd according to the countrys federal tax service chief meanwhile the us still the epicenter of the global disease with more than 1600000 cases the us unemployment numbers are still growing last week another 3300000 people filed for jobless claims bringing the 7 week total to 33500000 this while President Trump has renewed his calls for the Supreme Court to strike down the countrys Affordable Care act also known as obamacare this is a move criticized even by his own general
Netanyahu whos still facing corruption charges mind you cant form a new government with his main challenger meantime israelis take to the streets and protest were going to discuss all of that sit tight its time to boost your news i. Q. And breaking news just moments ago into our news room the department of justice has dropped the case against former National Security adviser Michael Flynn now this after internal memos were released that raised serious questions about the investigation that led to flynns 2017 guilty plea for lying to the f. B. I. Now flynt was President Trumps 1st National Security adviser who became a key part of that russia gate investigation. And moving on the corona virus pandemic continues to unfold worldwide there are now 3800000 cases more than 264000 deaths so. Here in the u. S. Alone still leading the way 1200000 cases and more than 73000 deaths and the virus stricken state of new york officials are now reporting an unexpected spike in their death toll reaching
Cancer well discuss that all right said its time to boost your news i. Q. Tensions between the United States and china are on the rise creating concern that it could be the start of a new cold war and may likely eliminate progress on a trade deal so to talk more about this Rachel Blevins joins me now to go to get into the details so rachel what is the current state of this trade deal where time right now in the United States and china were supposed to be finalizing phase 2 of a massive trade deal but instead President Trump is now questioning whether china is following through on the agreements made with phase one so because of this he says that hes planning to talk to farmers in the coming weeks and to decide whether to terminate that go altogether and that could mean war on china now trump was asked about this and asked about whether he thinks that china is following through with their end of the deal take a listen to what he said. Do hopefully theyre going to keep the deal well see
Hemisphere this as analysts Capital Economics have predicted at least a 10 percent decline in the nations quarterly growth this due to the outbreak while russia still seeing a surge in cases with most of its capital and largest city moscow the virus lock down combined with the global drop in oil prices well theyve contracted russian economy activity by one 3rd according to the countrys federal tax service chief meanwhile the u. S. Still the global epicenter of the disease the u. S. Unemployment numbers are still growing the last week another 3200000 people filed for jobless claims bringing the 7 week total to 33500000 this while President Trump has renewed his calls for the Supreme Court to strike down the countrys Affordable Care act also known as obamacare this is a move criticized even by his own general attorney or attorney general rather according to sources. Obamacare is a disaster but we run it very well were going to replace obamacare with Great Health Care at a lesser price an
A wall toss away from all time high so basically even with the unemployment numbers the news wire was bad but apparently this is less that because last weeks tally was the lowest since shortly after the clinton virus was declared a pandemic so many analysts believe that we have kind of cycled through the worst of the 4 shutdown but on the other camp i dont think its true many think that the aftermath of the disaster is going to be the much bigger problem than the disaster itself its going to be the rebuilding and the reopening and this is not going to be a very quick recovery but the market in of itself theyre still up on optimism because were doing less bad the entire good news is bad news and bad news is good news narrative is still intact well we are waiting on a report for more numbers to come out for the month of april tomorrow well see if that has any effect on the market but danielle 10 year treasury yield fell by point 7 percent on thursday and now this comes after the week tre