Covert 19 death toll they are in 1000000 governments are struggling to control the own break. Calling for sanctions against Alexander Lukashenko out of new says Opposition Leader appears before european parliamentary panel. Thats going to new york where the United Nations is marking its 75th Anniversary Event is coinciding with the annual General Assembly meeting this week that brings welby this together for the 1st time this year it will be done virtually because of the corona virus pandemic and his opening address u. N. Secretary general antonio protest urged wildly this to be united and said the u. N. Is needed now more than ever. Climate calamity looms Biodiversity School lapsing poverty is again rising hatred is spreading geopolitical tensions are escalating and Nuclear Weapons remain on hair trigger alert transformative technologies have opened up new opportunities but also exposed new sets and the covered 19 pandemic as laid bare the worlds for the g. T. S. We can only address t
Seeing a lot of treatment claims. Getting the streets attention. This company appeared virtually out of nowhere. Progress to likes of regeneron, becton dickinson, benefiting from the 1. 6 billion u. S. Government commitment. You have makings of something down the pike that could treat the virus, maybe as soon as the end of this year, in the case of some of these phase 3 advanced trials, maybe as soon as the fall of this year. But being coast to coast were all over the place on all these other developments including out in california where they are extending shutdown provisions now expanding to include virtually all businesses, indoor dining, barbershops, salons, tattoo parlors, you name it. Also focusing on whats going on in florida right now a big spike in cases but as stuart was just telling you some confusion about how many of those cases are indeed positive. Weve got the the latest going on in texas, where the spike in cases is so severe theyre looking at crowded hospital beds. Ree
Worker training. What is the best way for americans to help themselves cruise lines say theyre the safest place to travel while on the pandemic but is it the safest place for your cash . All that and more on making money. Charles folks, markets moving gingerly but positive this after a highpowered rally spun out of control yesterday t was led by tesla which by the way is in the midst of one of the greatest runs in the market and helping nasdaq up eight out of 11 weeks. Since may 1st, the index as of friday was up 23 this week, riding the coattails of musk and tesla. Finally tesla was moving a little too fast yesterday t spun out out of control. It triggered selling of hot stocks. That coupled with the news of california shutting down businesses everything sort of spun out of control. Along the Way Investors shocked by junes budget deficit, 861 billion in one month. On that note, higher cpi reading prescient for todays trading maybe the fed may be more accommodative. There is a lot goin
Outbreak of covid19 has led to an unprecedented Public Health crisis and a dire economic crisis. We have lost over 110,000 people to the disease, and 40 million remain unemployed. Back in february as the band that it was worse, we knew we needed to take action to help our Small Businesses survive the economic downturn. We started working with the sba and governors around the country to leverage the sba disaster resources available. Can you please mute . Anyone should be muted. Everyone should be muted. As the virus continues to spread, or state and local governments began imposing stayathome orders and business closures. We quickly realized Congress Needed to do more to meet the full scope of the problem, and that is when we started working on what ultimately became the cares act. To help Small Businesses and eligible nonprofits, congress created a new Paycheck Protection Program, expanded eligibility to the program and provided payment and interest relief for current sba borrowers. I
Loans provided through the c. A. R. E. S. Act during the coronavirus pandemic. The House Small Business Committee held this hearing. I want to thank everyone for joining us this afternoon for our committees First Official remote hearing. I want to make sure to note some important requirements. House regulations require members to be visible through a video connection throughout the proceedings. So please keep your cameras on. Also, if you have to participate in another proceeding, please exit this one and log on later. You are recognized to minimize background noise. Over the last few months, the outbreak of covid19 has led to an unpresented Public Health crisis and dire economic crisis. We have lost over 10,000 people to the disease and 30 million remain unemployed. Back in february as the pandemic was getting worse, we knew we needed to take action to help our Small Businesses survive the economic downturn. We started working with the sba and governors around the country to leverage