A bailout package in the billions included in the 2 trillion dollars stimulus package signed on march 27th was about 25000000000 dollars for the Airline Industry but until now the Treasury Department in the airlines had not come to an agreement on exactly how or under what conditions the airlines would receive that money now they greenman which came together late tuesday includes warrants that could lead to the federal government owning equity stakes in the companies and requirements that 30 percent of the assistance would have to be paid back now according to treasury secretary Kerry Stephen minucci and the airlines that will receive the funding include Alaska Airlines Allegiant Airlines American Airlines Delta Airlines Frontier Airlines Hawaiian Airlines jet blue united sky west and Southwest Airlines now conversations continue with airlines regarding their potential participation now thats of course what. Joining us now to discuss this boom bust cohost and investigative journalist p
A huge agreement has been reached between the Trump Administration and u. S. Airlines for a bailout package in the billions included in the 2 trillion dollars stimulus package signed on march 27th was about 25000000000 dollars for the Airline Industry but until now the Treasury Department in the airlines had not come to an agreement on exactly how or under what conditions the airlines would receive that money now they greenman which came together late tuesday includes warrants that could lead to the federal government owning equity stakes in the companies and requirements that 30 percent of the assistance would have to be paid back now according to treasury secretary Kerry Stephen minucci and the airlines that will receive the funding include Alaska Airlines Allegiant Airlines American Airlines Delta Airlines Frontier Airlines Hawaiian Airlines jet blue united sky west and Southwest Airlines now conversations continue with airlines regarding their. Potential participation no thats of c
Here with your global news update says r t international. Starts as usual with the latest look at the figures on the covert 1000 pandemic will than 2000000 cases are now being registered worldwide 134000 lives have been lost you dont see states has the highest death toll followed by italy and spain and so far more than half a 1000000 people have recovered from the virus globally. The u. N. Childrens fund has warned of a possible resurgence of measles to to the cove in 1000 pandemic according to unicef millions of children are at risk of missing their vaccines follows World Health Organization guidelines issued in late march saying immunization should be postponed measles is an easily preventable viral disease according to the w. H. O. Targets 95 percent of people need to be vaccinated but many countries could fall short of that target if quarantine measures continue the response of robin nandy from Leadership Team of unicef measles and Rubella Initiative he says that any vaccine delays
Announcement was met with some confusion and also some disappointment but we got a clarification tonight from the states Parks Department saying that not all of the states parks parking lots are closed. Its about 3 dozen of them and most of them are in the bay area in an effort to flatten the curve a California State Parks governor Gavin Newsome says its time for soft closures he announced monday Effective Immediately that 36 of the states 280 parks will be closed to vehicular traffic. It breaks my heart but i understand the reasons. We know a guy ive been wondering how long it would last that were still able to access the stuff, rock climber adam sandler says for the most part hes seen people on the trails of Mount Diablo State Park practicing social distancing right now the East Bay Park does not fall under this closure ambler says thats a good thing because the outdoors have been helpful for leaving his anxiety over the pandemic it today in a church is always good for the soul and t
Reach an agreement on a nearly trillion coronavirus response. Bill what we have a basic philosophical conflict, democrats blocked republican proposal oregon senator jeff merkley calls it a slush fund for big corporations like the Airline Industry so theyve invested 50 billion in profits during the good times and buying their own stock. And giving huge bonuses to to their their management. A bad time they want to see what the public bail us now republican senators say bipartisan negotiations were going well until House Speaker nancy pelosi showed up back in washington and got involved and angry senator john thune of south dakota said the bill included many provisions democrats walk like direct checks for americans increased Unemployment Insurance and money for Small Businesses to pay their employees that right there is billion. Going to workers. Soon says there is 500 billion worth of money for big corporations but stresses that money will be given out as loans and they all higher milli