Pursuing solutions for americas neglected needs. And by contributions to this pbs station from viewers like you. Thank you. This is bbc world news america. Im reporting from new york city. Im laura trevelyan. Jobless and homeless, with 33 million americans unemployed, new york subways, a haunting symbol of the impact of the pandemic. Coronavirus once a day after a white house eight tested positive. Mr. Trump says he does not have covid19. Germany is cautiously reopening its economy amid worries about a second wave of infections. Plus, life under lockdown. The story of a person who lives crammed in new york, but a big change is coming. I just committed to cornell. Well, im probably abouto cry. Laura for all of you watching on pbs and around the globe, welcome to bbc world news america. Every thursday, the staggering impact of the coronavirus outbreak on the American Economy is revealed. 3. 2 million americans filed for Unemployment Benefits in the last week. More than 33 Million People
Small and mediumsized comompans affected by the antivirus measures. They condition receive up to 2 million yen, or about 19,000 if their monthly revenue has dropped more than 50 compared to last year. About half a million companies, Business Owners and freelancers had applied for the subsidy as of thursday. Around 23,000 of them received the money on friday. Translator i really appreciate it because this gives me some time to think about what to do nenext. But im a afraid the money won last long. If the Current Situation continues, i hope i can get more financial help. The government is also providing all residents with cash handouts of about 940. The whole country is under a state of emergency until the end of may. But government officials plan to hear from experts every week as they consider when to lift that measure in each prefecture. Translator we are particularly focused on how the number of new cases has decreased over the last two weeks. In other words, the weekly trends. Some
The u. S. Wrapping up pressure on beijing and it will be interesting what happens tomorrow, when the pboc reopens trade markets reopen trade and that pbo css the daily effects. Take a look at currency. It has been a mixed bag and we are watching the aussie dollar with the bank meeting today. Bank negara could be interesting expecting a 50 basis point cut later today. Are watching dollaryen summit strength low 107 now. Take a look at your commodities markets, brent crude and wti on a rebound today, gaining 6. 5 for wti. On the longest winning streak in 10 days, up for a fifth straight day and u. S. Futures also positive now. We are watching palm oil, back. We will talk about where prices go next. Lets get more analysis on these markets with our Cross Asset Team in singapore. U. S. China tensions again boiling over, keeping a lid on the markets peered what is your take on the applications . The u. S. Will often come out and say things, especially the Trump Administration, and sometimes t
And is two times more absorbent. Early today starts right now thank you for join ugs. Bounty, the quicker picker upper. Good morning it is monday morning. The start of another week of working through the coronavirus pandemic thats gripping the world. The numbers out of the United States continue to be devastating. More than 40,000 people in the nation have lost their lives due to covid19. Kids to march to their own beat. The scale of the outbreak may soon become clear. The federal government is now requiring all Nursing Homes to be more transparent. The facilities must report coronavirus cases to patients heres a razor that works differently. Families and to the cdc. The Gillette Skinguard it has a guard in los angeles, the mayor announced that thousands of city between the blades that helps protect skin. Employees must take 26 days of the Gillette Skinguard. Furlough over the next year. Thats equivalent to a 10 pay cut as the city grapples with fallout. The pandemic has caused Financi
Covid19 virus it is monday, april 6, 2020. You are watching cnbc. Good morning welcome to the show. Im dominic chu live at cnbc headquarters dow futures pointing toward a surge at the opening bell. If all things hold true, we could see an 838point gain for the Dow Jones Industrial average, 101point gain for the s p 500 and 320point gain for the nasdaq a big surge after down moves last week. Also keeping an eye on the bond market as well we are seeing some movement there in terms of yields on benchmark u. S. Treasury bonds and notes. Twoyear, 26 basis points or 0. 26 . A tick higher there. Tenyear benchmark treasury yields a hair over 65 basis points, or 0. 65 you can see sell off of government bonds, those yields rising crude also moving at least to the downside right now wti, 26. 60 after logging its best week in history well have much more on that trade in a moment. We have Team Coverage from around the world to kick off your monday morning. Julianna tatelbaum is standing by in our l