1. 17. Of tech has a lot international exposure. Man,ll hear from catherine Citigroup Global chief economist, and the head of Public Policy research. Is kevin cirilli. Tell us what is in the stimulus bill and when we can expect it to happen . We have new details regarding Senate Majority leader Mitch Mcconnell and that republican proposal we are expecting in the next couple of hours. Unemployment benefits for 70 of workers. That has been a controversial element of this package. Democrats are dug in and say that is not nearly enough to provide Economic Relief for individuals. It will provide another round of 1200 direct payments as well as funneling money to schools for reopening and funding for expanded virus testing. Willdition to that, it allow for Liability Protection oor businesses that are going t incentivize workers to come back provided that they take safety precautions. Democrats are saying that they are dug in on the notion that they want to see much more funding to underserve
Major hiccups. We now move on to the main event, tomorrows e. U. Council meeting. Is, in theory, that should benefit the btp market. We will see what happens there. I think it is going to be interesting to see what comes through tomorrow. That could upset the apple cart in a significant way. Over the next hour, we are going to be speaking to the e. U. Commissioner for justice as we see a key e. U. Court decision regarding Data Transfer across the atlantic. Is he talking to the United States . What are they telling him . That is going to be an interesting question, to say the least. Today we see bank of america wrapping up the earlyseason for wall street. Shares and Morgan Stanley are higher on revit death record profit. This is driving a 73 jump in total trading. Bloomberg the bank is well prepared to handle this crisis. What we designed was a business that in times of stress will be fine and when markets are volatile we would still perform well across the Investment Banking franchise.
A 1000 infections now. And the. Coronavirus patient in london sends a message that itself goes viral across europe. To hamas now have all the sporting puting. That crickets most lucrative t 20 tournament at the Indian Premier League will be able to get underway next month because of the current a Virus Outbreak. Of there have long been warnings that the right of corona virus infection in the u. S. Would be worse than thought and now there is proof the United States has surpassed all other countries with 85000. 00 plus infections close to half of those are in new york state alone and chinas president xi jinping says he is offering his support to. Help the u. S. To fight the virus well be talking about that a little later on weve also got these 3 correspondents bringing Us Developments this hour laurence lay there he is in london with the latest updates from the u. K. And youre in johannesburg i mentioned this of africa with its 1st 2 deaths katrina you also with the latest from beijing
[inaudible conversation] were going to get underway. I am richard and my day job at managing partner of an associates. I am also a member of the board of the center for the national interest. Both of these capacities and having spent time at both think tanks, i can tell you quite sincerely the lunches at the center for the National Interests are far better than the atlantic council. [laughter] to top off this excellent lunch, we have a great dessert and that is investor john who at its us today. To talk about the future of ukraine and ukraine and russia relations, we really couldnt have a better speaker. To address this issue. John at not only served as the Us Ambassador to ukraine, but as followed ukraine related issue for many years in his current capacity running his program, European Program at the atlantic council. Having a real indepth understanding or lets call it Eastern European and Central Asian affairs having not only served in ukraine but also in pakistan if im not mistaken
[tapping glass] mr. Burt okay, were going to get underway. I am richard burt, and my day job is i am a managing partner at mclarty and associates, but im also a member of the board of the center for the National Interest and i might add, a member of the board of the atlantic council. In both these capacities and having spent time at both think tanks, i can tell you quite sincerely that the lunches at the center for the National Interests are far better than the atlantic council. [laughing] [laughter] and to top off this excellent lunch we have a great dessert. That is ambassador john herbst, who is with us today to talk about the future of ukraine and ukrainerussia relations. We really couldnt have a better speaker to address this issue. John has not only served as the u. S. Ambassador to ukraine, but has followed ukraine, the ukraine related issue for many years in his current capacity running his program, his European Program at the atlantic council. And having a real indepth underst