Time for todays market moving news from our washington and new york bureaus. President trump is pushing to reopen the economy, even if it leads to more deaths. Speaking in arizona in his first trip outside washington more than a month, the president is preparing for phase two of the u. S. Response to the coronavirus. Pres. Trump the people arent going to accept it. They wont accept it, and we shouldnt accept it. We have a great country. We cant keep it closed. Ive had doctors say, why dont we close it for a couple of years . This is the United States of america. Will some people be affected badly . Yes, but we have to get our country open, and we have to get it open soon. Alix Kevin Cirilli joins us with more. Good morning, kevin. Kevin good morning. The president returns from that trip to arizona, really signaling that he is going to be taking his message of reopening the economy back on the campaign trail in arizona, where polls have him trailing joe biden anywhere from 4 to 6 . Clea
We will take you to the basic news, and we will begin with , a call to help negate the academic Economic Impact of the coronavirus. Michael mckee joints me now with more. Theres a lot riding on the next 24 hours. Mike a rescue package for European Countries should be based on the european stability mechanism rather than joint bond issuance. And another idea is to set up another European Fund that would guarantee bank loans to Small Business. And finance ministers meet tomorrow to discuss a package and then possibly the leaders would decide on something on thursday. Thehe other of the world, japanese Prime Minister is announcing the largest similars package ever for the country. He says he will declare a state of emergency in tokyo. Is equivalent to of japan. Of the gdp the first phase would be support for households and businesses affected by the virus, shut down. The second would aim to look at trying to stimulate a vshaped recovery in japan. The plan includes cash handouts to househo
In his first interview with an International News outlet since taking office. Jason it is showtime the , brewing battle for dominance in the video industry. And why 2020 will be the hunger games of the media industry. We begin with editor joel weber. How do you put an issue like this together . Joel our goal was to program conversations at backyard summer barbecues. A little bit of everything for everyone in this streaming will one. Be a conversation that unfolds over the next year. Media and Tech Companies will go to the mattresses and spend billions warring with each other. Taylor another big story i like rands. L about l b joel victorias secret, a huge business rising for years, and now it is starting to fall. The Jeffrey Epstein scandal continues to unfold, so we step ped back and said, epstein aside, this business is about to go through a lot of changes it is not ready for. Jason Lance Armstrong is back. Joel this inspired me for the Tour De France season. Lance is a name you dont
Vesti nedeli program dmitry kiselyov. The president emphasized moscow is ready to use nuclear weapons, but only if we are talking about the existence of the russian state. But there has never been a need to do this during a special military operation, according to vladimir putin. The head of state also touched upon the topic of a possible transition to negotiations on ukraine. He noted moscow has always advocated resolving disputes through peaceful means. It is important that in this case this is a serious conversation, and not. A pause for the rearmament of kiev. Another topic is the us elections. Vladimir putin said moscow does not intend to interfere in the voting process and is ready to work with any president for whom the americans vote. At the same time , he believes that the preelection situation overseas is becoming increasingly uncivilized. And as for the previously published conversation between officers from germany, who discussed a possible strike on the crimean bridge, the
Economically significant Russian Companies will be freed from the influence of foreign owners. The list of such organizations has already been approved by government decree. They included x5 retail group, which includes the perekrestok pyaterochka chain. Oo is a City Supermarket that manages azbuka vkusa hypermarkets, ab holding is the owner of alpha bank, uns holding is the beneficiary of alpha insurance. As well as mineral fertilizer producer acron group and Coal Mining Company razrez arshanovsky. All these organizations have foreign participation. The government will now be able to File Lawsuits to suspend the rights of foreign shareholders. Now , due to the fact that we are actively introducing new and new packages of sanctions against russia, and accordingly, the presence of foreign capital in our companies, leads to the fact that. Large companies that operate in russia may be influenced , but it may be that the Company Makes some decision on the development of activities, on trad