Austria chancellor retraced that aid must be disbursed as loans, not grants. Jay powell will tell the senate the fed is prepared to use its full range of tools to support the economy as traders bet the u. K. Will have negative rates by the yearend. A warm welcome to daybreak europe. Just a quick mind flashing across the screen on julius baer, one of the swiss private institutions, by the banking institutions. Asset management dropped by 8. 2 . They say their strategy for islementation of change back. 300 92 billion swiss francs in terms of asset under management. Good morning. Did we catch you offguard . He smiled and looked at the camera but it is a trifecta day. I have three things. Powell, 30e pivot by Million Barrels of oil demand in china, and you have a vaccine hope, so it is hope that is driving this or is it the pivot by powell that is the more dominant . Good morning. Nejra good morning, manus. It seemed to be what we heard from danna. We had the share hitting a record high. G
Weve seen for the dow in a row, the first time thats happened since february this is all happening despite crude oil prices the treasury shows you the tenyear is yielding 0. 627 . There are crude oil prices, generally when weve seen pressure on crude oil, thats put pressure on equities as well thats not the case this morning. Wti is indicated down by over 15 . Thats a decline of 2. 66 to 14. 28 a barrel. Brent crude down by just 3. 3 . Its now trading at 20. 73 andrew meantime, an update on the pandemic and the numbers we bring you every morning about where we stand heres where we do stand global cases now are at 2. 9 million. In perspective, cases in the United States are at 965,000, closing in on 1 million. 288,000 of those cases are from new york state with another 109,000 of them in the neighboring new jersey yesterday new York Governor Andrew Cuomo outlined the states plans to reopen the economy in phases beginning on may 15th now, the first phase involves construction and manufac
We invite your participation using the hashtag pmqs. Prior to question time members are finishing other business. Now live to the floor of the british house of commons. In the medical supplies. They have communities overseas in the uk. Domestic and International Supply lines decreasing the economic recovery as they bounce back from coronavirus. With the the pump to transport, supporting logistics firms like those in my constituency in keeping the country running them with international business. I thank the logistics firms from across the country for the work they do, this Ministerial Chamber will work with the department of trade to keep supply chains open so firms can restarting as soon as the operating contact and work with the department of transport with Business Innovation and skills with impact logistics. With facilitating the trade. The pandemic affecting supply chains across the world including those who provide focus to the uk and businesses in gloucestershire. The work in th
Which has set up its own testing for covert 19. And mobile phone alerts and electronic responds how technology is helping stop the spread of the virus but what does that mean for our privacy. Hello the United States has become the country with the highest coronavirus death toll thats according to latest figures from John Hopkins University this one month after the World Health Organization 1st declared a pandemic well back then there were over 4000 confirmed deaths and in 30 or days or so that number has surged 2100000 the epicenter of the virus has shifted as well moving from china and asia to europe and north america right here in the u. K. Officials have again reported more than 900 hospital deaths in the total number of deaths is nearing 10000 in spain however there is cautious optimism theyve just seen the lowest number of daily deaths in more than a fortnights while in the u. S. The governor of new york says the number of people are being admitted to hospital continues to decline
Yet to come. And then the church is on Easter Sunday strike a somber tone in the holy land day of celebration for christians. The United States has surpassed italy to have the worlds highest coronavirus death toll more than 20000 people are known to have died since the outbreak began Public Health experts are warning that figure could reach 200000 within months if stay at home orders are lifted too soon in europes hardest hit countries some steps are being taken to loosen restrictions in factions and deaths have been slowing in italy in spain and Easter Sunday services in the holy land and around the world being held in largely empty churches and cathedrals covert 19 is keeping people away. Will be in the us in new york state governor he says while the death toll is a grim milestone in a drop in hospital intensive care admissions you can see that the numbers somewhat. Stabilizing but it is stabilizing at and horrific rate. 783 people 777799. These are just incredible numbers depicting