We can you want to prevent further Massive Action in the metropolitan area. India also saw a jump in new cases in recent days this is despite the extended lockdown the country has the 4th highest number of cases in the world with more than 332000 the city state minister predicts the country will have more than half a 1000000 cases by the end of july in a country thats already running out of hospital but when meanwhile many European Countries reopened their borders on monday after 3 months of strict closures the region saw the sharpest drop in g. D. P. For more than a decade with a fall of 3. 8 percent in the 1st quarter of 2020 well last week president of the European Central bank Christine Legarde highlighted what she called the unprecedented crisis saying mastering the recovery will require extraordinary action at e. U. And National Level and the United States is seeking or is seeing at record spikes in new cases and hospitalizations across the country dozens of states are seeing an
Economy to be reimagined and reconfigured in the way of a Global Pandemic that is shut down the daytoday operations of the economy. So that is a challenge that first order is to migrate my own job so the first person i thought of they happily complied dean baker senior economist for Economic Policy research the most recent book is called rigged and one of the reasons i admire as we go tonight as a fierce critic of the status quo and intellectual property. And its an ebook form also joining us is the staff writer kate i believe it is working on a book manuscript now and recently contributed the teacher is hours . So i want to thank you both for taking part in two dates discussion and the spirit of economic revival. If you are engaged of the topics of tonights discussion with the recent appearance on the podcast the politics of everything and reimagining the economy. Also to be a part of this discussion and its going live on facebook right now. And thats all i got. So to start with a ver
A cluster of new cases after nearly 2 months without new infections will chinas capital reinstated some restrictions including security checkpoints while both schools and sports venues also closed after an outbreak tied to a huge market well this comes as south korea also continues to see a rise in new cases especially since the government has not enforced stricter social distancing guidelines. Are very concerned that spreading. In the metropolitan area in the virus is spreading particularly through Daycare Centers and nursing Senior Citizen were making our best efforts in tracking people who have had contact with confirmed virus so were still using a little bit hes hedging up. The words or utilizing all the resources we can to prevent further Massive Action in the metropolitan area. India also saw a jump in new cases in recent days. This is despite the extended lockdown the country has the 4th highest number of cases in the world with more than 332000 the city state minister predicts
This of the bus the one business show you cant afford to miss fanfare monteith aopa in washington coming up stocks state a comeback after a major drop to start the day over fears of a 2nd wave of 19 well ask our experts if we should just get used to this kind of volatility and millions of people are unemployed and facing uncertainty due to the crown a virus that includes the over 40000 food line workers believed to be stranded abroad we have a posho today so lets go and dive right in. Global markets are slipping as concerns grow over a possible 2nd wave of kovan one teen will beijing reported a cluster of new cases after nearly 2 months without new infections will chinas capital reinstated some restrictions including security checkpoints while both schools and sports venues also close after an outbreak tied to a huge market this comes as south korea also continues to see a rise in new cases especially since the government has not enforced stricter social distancing guidelines. Thats sp
Breakthrough theyre preparing a long promise but never delivered infrastructure bill. The s p 500 is higher by 2 . Broad rally today well speak with the House Majority whip about his call for big banks to die eventualth more information about the Paycheck Protection Program and whether it favored Big Companies over Small Businesses plus, as sarah mentioned, a major breakthrough thats what searchers are calling a new study into the effectiveness of an inexpensive steroid to treat covid19 patients you dont want to miss that interview. One of the factors behind the surge in the markets today lets focus in on the big markets. Mike santoli, we have the highlights from chairman powells testimony earlier today. Courtney reagan is covering the surge in retail sales. And meg has details on those new hopes for coronavirus treatment that we just mentioned mike, lets start with you the Broader Markets are up about 2 on the s p 500. This is an impatient. 3130 is the high of the day. There is a high