A heavy price for its disorganized. And the virus is spreading among Homeless People in the u. S. Activists say the resources are there to help get them off the street reduce the risk so why isnt more being done. Well im terry martin good to have you with us german chancellor going to. Have outlined a joint plan to speed europes recovery from the Coronavirus Crisis the plan calls for a half trillion Euro Rescue Fund to boost the sectors of the economy hit hardest hardest by the pandemic and for the 1st time germany and france are calling for the e. U. To raise joint debt heres more now from merkel and mccall as they were detailing their proposal just. A short while ago for the Franco German cooperation and Franco German friend. Leads as to setting a signal we know that we are 27 and when france and germany give the signal no i think the whole of europe is in a better shape to form an opinion and to progress thats why we want to issue 500. 00. 1000000000 euro of. The shirt term for. Exp
Global trade may fall by one 3rd because of the pandemic. The 1st time at the daily death toll here in the u. K. It surpasses 900. 00. And it will start with breaking news from saudi arabia and the Coalition Fighting hooty rebels in yemen which has announced a 2 week cease fire starting on thursday a Saudi State News Agency s. B. A. Reported that the Coalition Says its intending to help prevent a coronaVirus Outbreak in yemen also allowing a deescalation in fighting a cease fire is due to begin at 12 noon local time the uns special envoy to yemen has welcomed the move calling it a critical moment. Bring more on that as soon as we can. Now around the globe the number of dead continues to rise and in europe there are fears the continent is still a long way from the peak of its corona Virus Outbreak heres some of the days headlines as the pandemic unfolds the u. K. Is recorded another 938 victims the largest single addition to its total the government says Prime Minister burress johnsons
Congress is negotiate its next round of Coronavirus Relief for the economy and weve seen a stunning move in oil crude was higher by 2 now down 9 as we await the final details out of the opec meeting. Energy sector now word on the s p. Yeah, been a real reversal there. Coming up on todays show, dan niles tweeting a warning about the rally. Hes going to join us with the risk he sees at these levels, plus, well speak with max levchin. Well ask what his micro loan customers are buying amid the shutdown and his read on the state of start ups right now lets focus on the big stories were watching today though. Steve liesman has detailes on te feds big moves and kayla is following the battle for more stimulus on capitol hill but steve, were going to go to you first to talk about the fed. Yeah, morgan, just quick moves the fed has announce nd the last hour. The its reduce uing the purchases of treasuries and mortgages. Treasuries down from 30 to 50 billion a day. Down to 15 from 25 apparently,
Major funding for the pbs nehour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Consumer cellular offers nocontract wireless plans that are designed to help you do more of the things you enjoy. Whether youre a talker, texter, browser, photographer, or a bit of everything, our u. S. Based Customer Service team is here to find a plan that fits you. Learn more, go to coumercellular. Tv the john s. And james l. Knight foundation. Fostering informed and engaged communities. More at kf. Org. And with the ongoing support of these institutions and friends of the newshour. This program wa possible by the corporation for public broadcasting. And by contributions to your pbs statn from viewers like you. Thank yo woodruff the coronavirus pandemic has reached a deadly new high, just over four months after it began. The worlide death toll passed 100,000 today. Ig thate included some 18,000 deaths in the United States,ed nearly dourom a week ago. Meanwhile,
Tolls. President trump team preps plans to reopen the u. S. Economy. Boris johnson remains in intensive care. The single currency wobbles as she euro area finance minister struggle to come to an agreement on a Recovery Plan as the joint debt issue is a sticking point. A joint press conference expected at 9 00 a. M. London time. Oil moves higher on reports saudi arabia and russia could stop this comes as the u. S. Cuts its Production Forecast ahead of tomorrows opecplus meeting. As i said, just under one hour away from the start of cash trading in europe. Take a look at futures this morning. It is a bit of a flat trade. As we said, you have euro stoxx 50 futures down 1 as well as ftse futures. If you take a look at u. S. Futures this morning, you see a higher picture so they balance each other out. S p, dow jones, and nasdaq futures all of although you did have u. S. Stocks ending the day slightly down yesterday, whereas european stocks of course ended the day in the green. Anna. Anna l