In my travels around the world, i have often observed how a hand outstretched in friendship, a heart full of goodwill can do more to win the affection and support of people than all of the guns in our arsenal. The program you are about to see demonstrates this. It is a story of american doctors fighting disease in distant, remote regions of the world. Helping fellow human beings to a better life. Through their humane work, they are making a positive contribution to the structure of peace. Of course, there are other ways to strengthen the bonds of friendship throughout the world. By helping other nations to improve their agriculture, their commerce and their industries. For example, our people can create a beneficial climate for greater international understanding. And this is so essential to all our hopes for world peace. Because our doctors abroad so bolster these hopes, we can regard their work as that of unofficial american ambassadors. And at a time when we hear much of mans inhuma
Wish we were together again. So the word unprecedented is getting quite a workout over the past month or so. Jack, it certainly applies to what was happening in the Energy Market over the past week. Right at the start of the week the Energy Markets you know what . Lets get weird. I know you think youve seen weird, but how does 37 sound on a barrel of crude oil . Does that mean i can go to a gas station, theyll pea me to if fill up the car . Thats not what it means. In the futures market, each contract has to do with a specific type of Oil Delivered to a specific place at a specific time, and on april 20th when that may west texas intermediate contract came due, you better have had a pipeline and storage tank willing to accept your oil in oklahoma or you got closed with next to zero liquidity. Most people didnt have it, so so we had prices go sharply negative. Now jack if you have a boat that holds oil, thats a nice thing. Funny you mentioned that because on my street wise podcast for b
Watch live coverage of the house on cspan, see the senate on cspan 2. Good evening, everybody. Welcome. Im mike friedman, the 113th president of the National Press club, and what an honor it is to have this as the First Program on my watch this year. As the former general manager of cbs Radio Network news and former managing editor for the broadcast division of united press international, the boys on the bus was required reading. And i had the pleasure and the challenge of having on my upi team one of those boys, the legendary chamberlain of upi. It sounds like a lot of you knew him. Looking forward to a terrific discussion this evening. Now i have the pleasure of introducing the chair of the National Press club history and heritage team, the 87th president of the National Press club, the bureau chief of the guy gaylord News Washington bureau of the university of oklahoma and a dear friend, mr. Gill kline. [applause] thank you very much, mike. The role of the National Press clubs histo
Indication of yesterdays rally. Dow futures up 121 points. Thats half 1 , s p futures up 13 and nasdaq up 24. Dow on track for worst quarter since 1987, s p 500 having worst quarter since 2008. Speaker nancy pelosi looking for a phase 4 coronavirus package calling for Infrastructure Spending now and more money sent directly to americans. Major retailers furloughing staff as Stores Remain closed, macys, stores, the gap, cutting payroll impacts hundreds of workers. Unemployment rate could top 32 . Mornings with maria live right now. We want to check Global Market this is morning. Last day of the First Quarter in europe, green across the board. Dax index in germany higher by 200 points. World Health Organization says there are signs the coronavirus may be approaching a peak in europe. In asia meanwhile markets were mixed, take a look at the numbers on asian markets, best performer there korea up better than 2 although japan was down 1 . China says factory activity is growing, purchasing M
Really just the tip of the iceberg with probably millions of layoffs still to come. On monday the first big wave hit the Retail Sector with macys, kohls and gaps announcing they would furlough tens of thousands of mows. The closure of stores to prevent the spread to have virus has taken a heavy toll on its business. And President Trump had to give up on his hope expressed just a week ago that the u. S. Could be opened up by easter. Hes now saying the company will have to keep practicing social distancing for the entire month of april, and he add added that we should prepare for a very painful two weeks ahead. Meantime, his top medical advisers warn that up to 240,000 americans could die from this disease even with current Safety Measures in place. On wall street stocks ended their worst First Quarter ever. The dow lost 23 , thats the biggest quarterly decline since the quarter of the black monday market crash of 1987. And the New York Stock Exchange floor remained eerily quiet, tempora