Benchmark Interest Rate at 0. 25 . That is expected. We had the debt maintaining it will continue with the policy of 0. 25 for the beginning of next year. They are maintaining the benchmark Interest Rate. This meeting coming after four new cases ending new zealands 100 today virus free run. Perhaps more later on. Auckland back in lockdown. A lot were surprised about the resilience of the economy. They have to weigh the global risks, as well. The qe purchases are interesting, as well. Most werethey have to weigh thel a bit historic pick for joe biden, the first africanamerican. Pick for Vice President. And the first asianamerican. And some say it will help propel joe biden to the white house. Lets bring in Jodi Schneider to talk more about this decision. It seems this was a no surprise pick from joe biden. What does it tell us about the Democratic Party . First of all, joe biden said he would pick a woman, so thats not a surprise for his Vice President ial running mate. It was thought h
Germany. Where exactly. Are culture history. Travel extremely. Global markets fear recession and go looking for cash investors in Companies Abandon stocks on wednesday as well as typical safe havens like bonds and gold now governments are racing to prevent a spiral. Also on the show well look at the start of a berlin thats proven to be especially vulnerable to the coronavirus. And we showed the way Cargo Companies like are dealing with the backlog of the pandemic keeping at least some supply chains. This is your business report. Its good to have you with us. Global markets continue their sharp sell off on wednesday after more key businesses sounded the alarm over worsening finances. And plans to freeze their activity now the dow and the price of oil both tumbling wednesday safe havens interesting lee were also hit hard gold falling as well as the yields on 10 year u. S. Treasury notes as you can see there yields going up the interesting thing here is that that suggests investors and co
This morning, well break it all down the president s response, the economic fallout and the latest efforts to control the pandemic. Our guests, the nations top expert on infectious diseases, dr. Anthony fauci and treasury secretary Steve Mnuchin. The pointman on the economic response. Plus, the powerhouse roundtable on the political fallout. Announcer from abc news, its this week. Here now, chief white house correspondent, jonathan karl. Good morning and welcome to this week. We want to get right to the latest developments on the coronavirus pandemic. There are now over 156,000 cases confirmed across the globe. And more than 5800 deaths. Spain is now in lockdown. France and israel are closing restaurants and other nonessential businesses. And here at home, the numbers continue to climb. Take a look at this map from last week, and now there are more than 2900 known cases in 49 states and washington, d. C. Thats every state except west virginia. At least 59 deaths have been reported. Our
And to the United States issues new guidelines to help fight the coronavirus including a recommendation of that people avoid larger social gatherings no discretionary travel and staying away from parts restaurants and food court. Well i want to jones good to have you with us frances just hours away from a nationwide lockdown president in cross says the country is facing a Public Health war and that it will take an all out mobilization to slow the spread of the coronavirus kovac 19 has killed 148 people in france and infected more than 6600 all citizens will be required to stay home from midday the restrictions will stay in place for at least 15 days. On the front line the caregivers at University Hospital when patients arrive with lung problems theyre taken to a special unit but its also important to keep the medical stuff healthy. The priority is really to protect ourselves we use protective clothing where we are with the patients. The Emergency Response center in the city has seen 5
I have mocked my cities days for centuries the company my country. Towns until the day i mean weve. Not done differently stunts april and. Global markets fear recession and go looking for cash investors and Companies Abandon stocks on wednesday as well as typical safe havens like bonds and gold the governments are racing to prevent a spiral. Also on the show well look at the start of the berlin thats proven to be especially vulnerable to the growth of virus. And we showed the way Cargo Companies like tonga are dealing with a backlog of the pandemic keeping at least some supply chains to interrupt. This is your Business Report im Stephen Beers in berlin its good to have you with us. Global markets continue their sharp sell off on wednesday after more key businesses sounded the alarm over worsening finances. And plans to freeze their activity now the dow and the price of oil both tumbling wednesday safe havens interesting lee were also hit hard gold falling as well as the yields on 10 ye