Jonathan of course, by all means, go on. Dir. Kudlow you had a sermon jonathan with all respect, that was not a sermon. Dir. Kudlow there are other ways to do with these problems. Throwing money at them is not the only answer. You have to create Economic Growth and incentive. We are willing to spend money. Thats not the point. The president has endorsed another round of direct mail checks. He has endorsed that. He has also endorsed continued unemployment assistance. The question is, what is the overall policy to make sure that it makes sense that there are incentives to go back to work . We have a very fullfledged plan to do exactly that. We want to reward people and the businesses they work for to go back to work. We will extend the tpt. That is part of our package. Im not going to negotiate, but that is in the mix. We have retention credit for new jobs, we have benefits for reemployment. We should give existing workers a tremendous boost to income. Even in five months it will be 1200
And Melinda Gates foundation, bill gates, for a wideranging interview about the pandemic. The Foundation Contributed almost 350 million to fight covid19 around the world. We also talked about the possibility of microsoft buying tictoc. We are standing by for a news briefing with the president , after secretary of state mike pompeo signaled the u. S. Will try to ban other Chinese Technology beyond tictoc in the name of National Security. I want to get to nick, who ,overs the state Department Secretary of state pompeo signaling the u. S. Would urge apple and google from removing certain chinese apps from their app stores, which would be quite dramatic. Talk about what he is saying. Moment, it looks like what secretary pompeo is doing is issuing guidelines or recommendations, warnings, i guess, where he is telling app apps, these chinese tictoc and we chat, are not safe , and we dont think you should include them in your app stores. He also said, we dont think you should allow your apps t
I am manus cranny. A big day for greece. And the last hour, the government repaid 5. 8 billion euros of ecb, imf, and bank of greece. Angela merkel said she is prepared to talk about debt relief but ruled out any haircuts. Chancellor merkel greece is in relief, private creditors allowed in debt cuts with lower Interest Rates. We can consider as they are part of the mandate was the program has been review successfully, we will discuss that very question. Manus the banks have reopen today after being shut for 2 weeks. Lets put in context with our reporters. Elliott got been and Paul Elliott Goggin and paul gordon. The banks open, a little bit of a rush. What is the feeling of the street . Reporter you will see another lazy day in agrees. Security guards having a little chat among themselves now looking particularly concerned anybody will vent their fury after not being given for access to their money. A real difference. Now you can take out 420 euros for the whole week. Over the course o
Is trump having any visible impact on trade policy . We will see with the director general of the world trade organization. Mark we will have a look at european equities and trading right now. 30 minutes until the end of the session. Check it out. Gmm go, stocks are holding on today. Geopolitical concerns, have held back u. S. Stocks more than european stocks. European stocks back today, gains in greece. Today, two days since the stoxx 600 has been unchanged. Yields rising in the periphery. They are falling in the core. That is obviously something we are keeping an eye on. It is a busy corporate day today. First quarter profits almost doubling, rising demand for the mercedesbenz including this new e class. The onetime gain helping the company off to a strong start to the year to reclaim the luxury crowd sales from bmw. It has been reaping the benefits of revamping the product lineup. Of suvsw, and expansion as well, shares up by one third 1 . Moving on, sticking with german matters, cu
The US launched airstrikes against some 85 targets including Iranian forces and associated militias in Syria and Iraq in retaliation for the drone attack that…