Sharp snapback connectivity. It is a phase four package necessary . I think it is. The economy can get by without it until the election. Will bringnistration forward fiscal stimulus plans. I think we can make it to there. It is necessary as long as we get it in the next 12 two quarters, i think the recovery will be ok. In the meantime things are a delay ing, and ongoing negotiations does not help things. I think it hurts confidence and slows down economic momentum and prevents a quicker recovery of the economy. Back and forthd among three parties. The president of the United States, the Senate Republicans come in nancy pelosi. Hard to know where we are going. How big thef packages, there is a sense of whether it needs to be targeted or general. Can we if it does not address broad state assistance . Michael i think getting anything is better than getting nothing, for sure. Even if it were targeted on specific sectors like airline and maybe Small Business, that is better than doing nothi
The option to use active duty forces in a law enforcecement re should only be last resort and only in the most urgent and dire of situations. We are not in one of those situations now. I do not support invoking the insurrection act. Esper m made the remark aftf trump said d he would use troop if needed to maintain security. 1,600 troops have been moved to the capital area and stand ready to be deployed. Protests continued across the United States for the ninth straight day since george floyd, an unarmed black man was killed in police custody. The Associated Press says at least nine people have died and 9,300 others have been arrested since the start of the demonstrations. The movement has spread to europe. Thousands of people joined protests in london and stockholm. But the now fired Police Officer who pressed his knee in floyds neck for over eight minutes was charged on wednesday with Second Degree murder. After repeated calls for the other three officers on the scene to face charges
Markets pointing to lower opening. Major averages. Take a look. The nasdaq lower by 65, the s p lower lower by 34 after the markets rallied last week, the dow, nasdaq and s p 500 second straight week of gains with market up on the session as you can see about 2 higher on the dow industrials for week. Oil prices having a rough morning, take a look at this. Taking a steep dive as the coronavirus slams demand. Crude oil now at 13. 54 a barrel. Holding china responsible, questions are swirling this morning about the origins of the virus. Chinas lack of transparency. Congressman andy barr to investigate chinas handling of the pandemic. Mornings with maria begins now. Noble markets look like this. Germany taking a step with reopening the economy. Some stores. The white house is allowing some companies to delay payments of import tariffs if they can demonstrate significant financial hardship, tariffs on chinese goods are not included in the interruption of the white house tariff program. In a
Reported the news comes as economic output drops for the 1st time in 30 years. And decades of economic mismanagement and devastating drought of left zimbabweans living hand to mouth now the coronavirus lockdown is adding to them is a ring. Of honesty this is it is the poor. Indian also our own does he roy speaks to w. W. In an exclusive she tells us Prime Minister Narendra Modi is exploiting the coronavirus pandemic to incite the persecution of muslims in the majority majority in do nation. Welcome to the program Germanys Health minister says his Country House now got the coronavirus pandemic on the. Told this comes as the country plans to gradually ease lockdown measures in coming days spahn said Germanys Health care system has at no point been overwhelmed the country has seen one of the highest numbers of infections in europe but by comparison low death rates Officials Say thats down to rest of testing in the early stages of the outbreak germanys Public Health institute the whole web
The delivery market. Its a big week for the uk economy with key announcements expected that will be critical for retailers and the hospitality sector. Gyms and non essential shops in all areas are expected to be allowed to reopen when englands lockdown ends on december 2. This afternoon the Prime Minister will unveil the detail of englands return to the three tier system this will also include the relaxation of the 10pm closing time for pubs and restaurants. And on wednesday, the chancellor will announce the governments spending review, which will include details on how badly covid 19 has affected the economy. Joining me now is james hughes, whos the chief market analyst at scope markets. If we start with the lockdown restrictions, a lot more detail this afternoon about life after december the second. For retailers, its music to their ears. Also to a degree, hospitality. So important this time of year. And thats exactly what i was going to say. This time of year, it is the time of year