Is not leading the world in coronavirus testing but we are leading the world in corona virus deaths does that count that we get a prize for that you know maybe a decoder ring or plastic spider to scare your friends. Were probably also close to leading the way in the level of unemployment increase during the fan demick so theres Something Else to be proud of right now we have to ask ourselves is there another way we could be doing things right now is there a better way yes of course paris lets take a look at countries that dont have corndog brains look at denmark denmark has had almost twice as much testing per capita as the United States and fewer than half as many deaths per capita that would mean around 40 or 50000. 00 extra americans have died in the past few months because we have not dealt with. This as well as denmark that 169 elevenths that could have been stopped if we hadnt behaved like idiots but death is not the only problem caused by this pandemic theres also the economic c
Dire projections and devastation from covid19. Were down five basis points good lineup today well speak exclusively with the cfo of tyson as concerns mount about the safety of Meat Processing plants. Plus, Mike Novogratz will join us on what he makes of Warren Buffetts comments on the airlines and market, plus, well speak with tom steyer about the path forward for america specifically, he sits on californias task force to reopen the economy along with janet yellen and tim cook. Well start with breaking news from the treasury. Kayla has more from washington the Treasury Department says it expects to borrow just shy of 3 trillion in this quarter alone to fund the expenditures outlined in the cares act stimulus and also to off set the individual and Business Task revenue thats not coming this because of that delayed deadline to say this is a record amount is an understatement the last record that the treasury saw for borrowing was the quarter july through september 2008 the height of the
Shall carry this is counting the cost on aljazeera or look at the world of business economics this week famines of biblical proportions the coronavirus says and at the Global Economy and supply chains with nations under lockdown so what does it mean for food supplies. From the richest nation where low paid farm workers fear they could be victims of the pandemic to one of the poorest nations zimbabwe and its need for food aid. As italy and spain start the tentative process of lifting the lockdown can the European Union by no lies a trillion plan to revive the economy. From Health Crisis to food prices the coronaviruses of ending the world as we know it United Nations World Food Program is warning of ball to pull famines of biblical proportions as tens of millions are plunged into starvation long before the pandemic the agency had been warning World Leaders that 2020 would bring the worst humanitarian crisis since world war 2 thats made 135000000 people face starvation and back and doubl
Officials tell the Senate Banking committee about the overall state of the financial industry, including the effect of coronavirus made bills passed by congress, and the Federal Reserves Small Business loan program. Please click the mute button. Remind senators that the fiveminute clap still applies. I expect most senators will participate today so we really need to stick to that fiveminute timeframe because we have a vote coming up at noon so i will be tapping the gavel to remind you to wrap it up and to the witnesses i ask you, even though you are asked a question at the end of the five minutes, please Pay Attention to the clock and make those answers after the time has run out prompt and efficient. Seconds i will do a tap on the gavel. The speaking order process, senator brown and i have agreed to go by seniority for this first hybrid hearing. With that, let me start out. Our federale all of predental regulators, the Federal Reserve vice chairman of supervision randal quarles,the co
That could be delay ad little bit. May 15th, on time could be pushed back a little bit for presumably that portion of new york. He doesnt spell it out. The fact that he was talking about maybe having the state sort of bifurcate a little bit open up sooner up state than down state, saying the may 15th deadline is moving target for down state that includes the worlds Financial Center and that is going to be a big issue. Well see how all of that goes. Well hear very soon from new Jersey Governor Phil Murphy. Remember new york, and new jersey, much like connecticut, pennsylvania, massachusetts, rhode island, and delaware are among those states that will sort staffinger in kind if you will. Theyre keeping to the same rough schedule. Whether the garden state, which is the most densely populated state in the country subscribes to the same rules as new york might be considering is anyones guess. New jersey, like neighboring connecticut and new york, opening up many of its marinas. Keep with th