Suspending production in South Carolina green arrows across the board. The dow will open about 600 points also looking at the green on the nasdaq and s p 500 if you take a look at what is happening in the treasury as well s p indicated up 72 points in the treasury, youll also see what is happening on the yield in that front. It is the 10year that is yielding closely at 7. 04 . Lets get everybody updated on the latest on the pandemic numbers. Nearly 11,000 people in the u. S. Have died from covid19. The country has more than 361,000 cases. New york has 131,000 of those cases. New jersey reaching a grim milestone with more than 1,000 deaths in the state. Overseas, we have positive numbers from italy that reports its lowest daily number of new cases since march 17 spain reporting its lowest number since march 22nd. The second time since january, china reported no new coronavirus deaths reporting 30 new asymptomatic cases and two with symptoms. President trump has struck a deal to buy mill
The pandemic Oil Producing countries reach a deal to cut production in an effort to offset the global drop in demand and prices. The u. S. Unemployment rate has soared to 17000000 in the wake of the coronavirus pandemic the countrys economy has been crippled as businesses are forced to shut down in an effort to stop the spread figures released on thursday so 6. 6 millions of americans filed Unemployment Benefits last week alone thats on top of that 10000000 in the 2 weeks before and more than 15000 people have died new york state is the hardest hit accounting for nearly half the total number of deaths and the British Government says Prime Minister Abbas Johnson is out of intensive care very was being treated for the virus and were going to have more on joe. Ensigns condition in just a moment 1st lets go to john hendren whos joining us from chicago john just a few moments ago the press conference by the corona tasca force in the us at the white house was concluded president something th
Suspension on immigration. Is sure busy to will only apply to individuals seeking a permanent residence in other words those receiving green cards. And will look at a u. K. Report which brings into focus the severe impact pandemics having on many young and vulnerable minds. Says were going to start with a couple of other stories from around the world 1st iran which says it has launched its 1st military satellite into orbit this is something which will likely increase tensions with the United States washington says irans Space Program is just a cover for Missile Development irans leaders deny that claim his own bus arrive in tehran to start a subzone tell us about the launch itself. Well come all this this launch today is the 1st time irans government has claimed that it is launched a military satellite into space the newer was launched this morning into thermosphere 425 kilometers up now we have to recognize that iran has spent the 1st decade of this century much of its resources have
The opecplus curbs doing little for the global glut. The virus drags on demand. Policymakers are focused on the Economic Impact of the virus. We will hear from a policymaker later this hour. Shery we are seeing downside for u. S. Futures. This coming on the back of a second straight week of gains. We have seen coronavirus cases start the United States to stabilize. We are seeing coronavirus debts and cases here in new york coronavirus cases here in new york start to decline. Brent is down. There was a loss of 8. 5 on friday. There is a gloomy outlook on oil prices, wti at the lowest level on record. Haidi we have been listening into President Trump speaking at the daily Coronavirus Briefing at the white house, talking about additional testing and stimulus and conversations with the democrats coming close to a deal. President trump saying Vice President mike pence will be helping having discussions with u. S. Governors when it comes to shortcomings in testing in information will go ahea
Happen to the thousands stuck there when the pandemic. Im anthony how it welcome the corona virus has spread across the planet but is playing out differently in Different Countries britain has just recorded its largest daily increase in deaths 563 on wednesday bringing the total number of deaths there to 2500. 00 the u. K. Government has been under pressure of its response critics say it was unprepared despite having seen the virus spread elsewhere and that too few tests have been carried out compared to other countries the Prime Minister who was himself tested positive for corona virus has promised to remedy this. Were also massively increasing testing and i want to say special word about testing because it is so important in my eyes ive said for weeks and weeks this is the way through this is how we will unlock the coronavirus puzzle this is how we will defeat it in the lets go to philip play and i just talked to and from a member of parliament and he joins me from outside of london