Has been anemic over the last 20 years so will it need a eurozone bailout. Car plants employing 14000000 people across europe are shutting down we talked to b. M. W. About the future of the industry. Spending the only a cash on stock buybacks to make shareholders richer airlines are begging for bailouts. Well the worlds biggest economy and its 60000000 citizens are under lockdown italy became the 1st european nation to introduce drastic measures to control the spread of the corona virus outside of china italy has reported the most deaths from the virus schools have been closed shops have been shuttered businesses are winding down nonessential work and transport hubs of ground to a halt. Well the Italian Government has pledged 28000000000. 00 to ease the burden of the pandemic that includes helping companies homeowners with their mortgage payments and people losing their jobs well italy really needs all the support it can get right now its never really recovered from europes debt crisis
Banks c. E. O. s Board Members who have in many cases and by the way this is important in many cases they have been taking that money out of their companies while theyve been doing pretty well and theyve been sticking it in their pockets in the form of stock buybacks much of it with money they got from taxpayers government money during previous meltdowns now heaven forbid that i or anyone else should ask the question of whether some of these corporations should simply be allowed to go under is anybody asking that question yes we found one. One maybe lonely example look what happens this is on the c. N. B. C. When a guest challenges the bailouts of their lives now remember c m b c is essentially the wall Street Network in fact many would argue its a 24 hour commercial for bankers and Hedge Fund Managers and c. E. O. s and cetera look what happens when somebody is willing to make the free market argument the capitalist argument that if a company gets wiped out so be it wiped out there ar
Our families again in a rare televised speech Britains Queen elizabeth tells people to stay strong in the fight against the pandemic she praises the doctors and nurses on the front lines and urges her country to tackle the crisis with results. And why foster a lockdown after monsoon isolation residents of the chinese city is where the heart where the pandemic began attacking their 1st steps towards resuming normal life. Also on the show living in self isolation is one thing. But their life in lockdown with kids is Something Else altogether w. s alex forrest watching records from the confines holds her apartment pride here in boulder. Im tired very good im glad you could join me british Prime Minister bars johnson has been admitted to hospital 10 days after testing positive for the corona virus johnson has been in self isolation that he continues to have persistent symptoms including a High Temperature he was taken to hospital for tests on the advice of his doctor downing street says th
World Health Organization just both nations to stay vigilant its. Going down isnt just about a lock down and let go. To get down from the numbers not just stabilize. The redoubling of Public Health at 1st also ahead mexico declares a Health Emergency and asks people to observe fallen terry confinement and the brace for a vaccine scientists across the world work flat out to find a way to protect a soul from night. We begin in the u. S. Now the global at the center of corona virus cases more than 3000 people have died over a 1000 in new york alone new york state that is the worst affected region across the country more than 160000 die infected after dismissing the dangers posed by cove in 19 in the early stages of the outbreak u. S. President donald trump now says his administration is ramping up testing. Today we reached the historic milestone or a war against the. Euro virus over 1000000 americans have now been tested more than any other country by far not even close. And test it accur
Saw that document for the 1st story we listen doctor to world war saying youll be in to go build you know the stage of you but we will not be with you we meet with global news makers and talk about the stories that matter on the edges 0. Is total lockdown the cure for the corona virus the city at the center of chinas crisis reports no new cases for the 2nd day in a row of other cities following hans lead and imprisoned millions of its people for weeks and is chinas experiment the model for us all this is inside story. Hello and welcome to the program im homage im joined the world was stunned when trying his government announced the shutdown of one on the city at the center of the corona Virus Outbreak the blanket quarantine designed to stop the spread of the disease has never been tried on such an enormous scale in modern times 100 whod a province is home to 11000000 people they finally been allowed out of their homes after being stuck there for weeks their suffering and the government