Planning to sell bonds and admitting gdp targets this year stemming from uncertainties due to the Global Pandemic. Ourinda lets get to markets, anger markets coanchor Tom Mackenzie in the forbidden city. China dropped its gdp target for the First Time Since 1994. That is significant. Tom it is. Our bloomberg sources expected they would do this, but the economists werent entirely sure. They have dropped the gdp target completely, facing up to the economic reality. This was the result of the coronavirus. You saw First Quarter gdp in china drop. Surveys suggest you will get 1. 8 growth for 2020. They are giving themselves space to react to this virus and put a floor under Growth Without tying themselves in knots over an artificially high gdp. High gdp target. Stimulus was a focus for investors. You got that line about the special government bonds quoted at being raised to 3. 7 5 trillion yuan. Alsoeficit target as well when you think about stimulus, you want to think about the deficit tar
To take itot be able soon. New york times on the president s comments. The woman on my right needs no introduction. Right, the department of Health Communicable disease medical service director. Honor to be here. The superintendent of the state police. Office ofor of the Homeland Security is with us. Counsel will join us shortly. Before i get to the daily numbers, a couple of announcements and updates. Good videoconference with the white house yesterday that had a particular focus on Mental Health and the implications to Mental Health from this pandemic crisis. Good discussion and exchange. I should also say that while it was not the purpose for the call, tony fauci was in the room on the other end. Expressingly caution, and i felt his comments on the early returns on the vaccine reported yesterday were actually pretty upbeat relative to his normal demeanor. That was a big take away. I organized a call for about 16 democratic governors and Speaker Pelosi to go through her heroes direct
Gov. Murphy good afternoon, everyone. I want to give a shout out, i want to pay homage to the division of fire safety. State fire marshal rich, lenny and cerullo and all of the guys over here, hats off to the firefighters up and down the state who are as good as it gets. We salute you and thank you for everything you are doing. Im joined by the woman who needs no introduction, judy. This is our third engagement today. Two on the phone and one in person. The department of Health Communicable disease medical director and the guy familiar to you all, great to have you. And the guy to my left who needs no introduction, superintendent of the police, colonel pat callahan. Also jared maples. Welcome. Lets start with the numbers. I think we will go briskly today. We are announcing an additional 3457 positive test results for a total statewide of 1523. If we look at the curve of new covid19 cases, these are positive tests, we see continued flattening. We cannot ease up. Lets leave this appear a
And cerullo and all of the guys over here, hats off to the firefighters up and down the state who are as good as it gets. We salute you and thank you for everything you are doing. Im joined by the woman who needs no introduction, judy. This is our third engagement today. Two on the phone and one in person. The department of Health Communicable disease medical director and the guy familiar to you all, great to have you. Needse guy to my left who no introduction, superintendent pathe police, colonel callahan. Also jared maples. Welcome. Lets start with the numbers. I think we will go briskly today. We are announcing an additional 3457 positive test results for a 1523. Statewide of if we look at the curve of new covid19 cases, these are continuedests, we see flattening. We cannot ease up. Lets leave this appear and remind everybody lets leave this up here. A lot of folks have battled and won. That is an important point to make. The curve is flattening. Of a lotn the face more testing. Jud
By late morning into the afternoon with our high temperatures today reaching into the upper 60s. More on this coming up in a few minutes. Mike, youre tracking the commute. Any issues for drivers . So far so good. Let me show you a couple of live looks out there, show you the contrast in some areas, though. San rafael, the curve coming toward us with those headlights. A smooth, steady flow, good volume. If you continue 101 down across the Golden Gate Bridge you have to wait for the cars to appear. There you go. For more on the reason why traffic is so light, well send it right back to you. The white house this morning still falling short of ordering everyone to stay home but they are urging all americans to avoid being out and about for the rest of the month. President trump saying that he probably wont leave the white house for 30 days as the coronavirus begins to peak. Today in the bays tracie potts is live for us from her home in washington with the governments latest projections. Tr