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One british home has managed to protect its residents entirely from 19 thanks to a cost down including staff living in tents and caravans. Theres been a surge in new numbers of corona virus cases in latin America Brazil has overtaken russia to become the 2nd worst affected country in the world after the United States confirmed infections are now above 330000 the death toll is more than 21000. 00 is still the true total could be even higher infections in brazil are not expected to peak until next month. Petit has been monitoring the situation in brazil from neighboring colombia he says testing has been slow because president both tomorrow doesnt consider the outbreak to be a priority. Country is truly divided on these political issues on the fact the president was so narrow and his core base of supporters keep downplaying the effect of the pandemic across the country but now even the government had to admit as it has. As it did yesterday that the real face of the pandemic might be much
Before introduce Arundhati Roy, i want to tantillo business. I want to thank the organizers sponsor of this teaching, haymarket books. Haymarket is a publisher of a number of books including the absolutely extraordinary collection of nonfiction essays written over 20 years. My seditious heart and a fourth coming book, azadi freedom. Fascism. Fiction which concludes with the essay, the pandemic is the portal which is the title of an foundation for our conversation today. Haymarket also publishes other critical radical thinkers such as angela davis, naomi klein, and so many others. In this moment in which we are reckoning with crises, with suffering, with deep injustice, its especially important for us to support critical thinkers, freedom fighters, and as part of that task i would encourage you all to buy books from a market, to join the haymarket book club. We are inviting people to make donations to the publisher during this discussion, and there will be information on the screen abou
A virus lockdown winner has emerged. Its walmart. They have had the advantage of remaining open and they finetuned their delivery and pickup services. They have done very well. Look at this. Same store sales, up 10 . Huge. Sams club sales up 12 , even bigger. Ecommerce, now, this is a big one, up 74 , online sales. That is remarkable. The stock, we are quoting premarket now, the stock is up nearly five bucks, 3. 8 . Okay. This is going to be a live action day. Two top money guys head to capitol hill. Speaker mnuchin, jay powell, they will be discussing what they think still needs to be done for the economy. You want my opinion, please give us Liability Protection. The president addresses the nations farmers. What do they need and whats with the Food Supply Chain. We will carry his speech live. Thats in our 11 00 hour this morning. Then theres the market. After yesterdays 900point gain. That rally followed encouraging news on a vaccine from moderna and the rapid reopening of the economy
Last week. That means 38. 9 Million People have been thrown on to the unemployment lines in the last eight weeks. 38. 64 million to be precise. The only bright spot is the weekly claims have consistently come down. That implies that the layoff trend has already hit bottom. Heres the markets reaction to all of this. The dow at the moment is on the down side but not much by. Youre looking at 60 points lower. Youre looking at the nasdaq down about 16. Small losses across the board. Helping the market, astrazeneca, working with Oxford University, they have announced progress on a vaccine. They will do phase three trials with 30,000 american patients in july. If it works, they say they could deliver 300 million doses by the early fall. Then weve got three stories about open up and open up now. 600 doctors delivered a letter to the president outlining the Severe Health costs of the lockdown. They call it a mass casualty incident. Open up, they say. The front page of the New York Post blares