Tentative trade with autos extending decline as bmw warns the pandemic effect will last longer than anticipated. The german hospital operator flags increased demand for drugs and devices. Telling cnbc they are prepared for a second wave. We are working very closely with the authorities to make sure we have flexibility in termts of our ability to react should there be a second wave as the measures are released. A frozen dividend for disney. The media giant cancels a payout as it takes a 1. 4 billion hit from the paepd but makes plans to reopen in shanghai next week. The uk becomes the worst hit country in europe overtaking italy as the death toll crosses 32,000 the government grapples to get a time line for the exit from the lockdown a warm welcome to street signs. Lets kick off with fresh data this is on eurozone april pmi, the final numbers for services that figure for the whole is 12. Slightly better than the flash estimate of 11. 7 that makes the final composite pmi 13. 6, just a to
Ignored risks to civilians in a drone strike in tripoli last november. Actually. Going un special rapporteur from the young mom calls out that ations leader Aung San Suu Kyi over the continued persecution of rohingya muslims. And well to what i call the problem of india act of funk rock dies at the age of 53. Its still early days in the pandemic caused worldwide recession but we now have a better sense of how hard key sectors of the economy are being impacted the Worlds Largest economy the United States has wiped out a decade of growth shrinking by 4. 8 percent in the 1st quarter according to figures released a short time ago one of its largest manufacturers boeing has reported losses of at least 600000000. 00 while european rival air bus says that it lost more than half a 1000000000. 00 in the 1st quarter to europes largest economy will have the worst here since the end of world war 2. Germany contracted by 2 percent in the 1st quarter but is forecasting a 10 percent drop for quarter
Bill aimed at saving americans from facing financial turmoil as a result of the coronavirus pandemic. Our kron fours ellis said the monon is live in the newsroom with what you can expect now l a. Well americans are going to be getting money from the federal government depending on how much the make from one of the largest emergency package is the nations ever seen the senate voted unanimously just shy of midnight over on the east coast after days of back and forth between democrats and republicans the bill dedicates billion is direct payments to individuals and families. Another 250 billion for Unemployment Insurance benefits, 350 billion for Small Business loans and billion in loans for distressed corporations. Majority leader Mitch Mcconnell commended the highly partisan senate for coming together when americans needed most. Proud to announce tonight not a Single Center voter ago. Theres 2 trillion rescue bill. To save american. Individuals Small Businesses. Larger businesses. To pro
Historic bill was voted on just last night John Lawrence has details. The nays are 0. The 60 fo vote threshold having been achieved the bill is passed the American People have 2 trillion reasons to feel a little more comfortable about the us economy. Thats the amount of the stimulus package, the Senate Passed wednesday night its a historic day. Because it matches a historic crisis. It includes billion for direct payments to individuals and families. Another 250 billion in Unemployment Insurance benefits. 350 billion for Small Business loans and billion in loans for distressed corporations senate has pivoted from one of the most contentious. Partisan periods and the nations history. Passing this rescue package now goes to the house of representatives for a vote which will most likely happen on friday. Im John Lawrence reporting. So you may be asking what does this mean well heres what the stimulus package means for you take a look at the screen adult making 75,000 or less youll get a 12
They are about to come up here. They should be here any second. Sure. Talk as were waiting her here. Here they come now. Pres. Trump thank you. Just before we begin i want to working very ere hard, long on getting a young out of peru. Le weve moved some and the rest re being removed with the cooperation of the peruvian government, and were also honduras, getting ome people out that got caught up and were working on that. Honduran h the governments work. They are working with us so i that. Ciate we have a couple of other locations that well report to to get a e were able oung woman released from a certain area who was being horribly ccosted, spoke to general mill e. He took care of it. Went in and got her out. Well report further on that stuff. T that was rough i want to thank the general and all the people that were and the people that went in to get her. I want to thank you very much. We continue to marshal every fight e in americas against the chinese virus were profoundly grateful t