Gov. Walz good afternoon, minnesota. Our press pool is here. Grateful youre all here. Id like to send a message to minnesotans, last time we were here we announced wed do a homemade cloth facemask drive to see how many we could collect and minnesotan responded, as minnesotans do, with about 130,000 of those masks delivered to fireds across and every single one of them participated, across the state. Those are getting out to our longterm care providers, some of the folks that we need to get them. Thank you for that, minnesotans. And thank you for the work youve been doing. We know were coming up on may 4. I think its time to assess where were at. See the thing that was worked, making sure the plan we have put many place to execute to make sure we have the hospital beds we when needed, make sure we ramped up test, tracing an isolation capacity and make sure we had a clear plan that we arctic pated to minnesotans, how do we get back into our businesses functioning . I want to, today, call
Look, any way you take it, employment in april was a disaster. We are looking at an Unemployment Rate that is likely approaching 20 . We get those numbers, the unemployment numbers for the whole country, next friday. However, got to tell you the backtowork movement is really gathering steam. States across the nation are modifying their stayathome rules. Businesses are reopening. Oklahoma reopens some businesses tomorrow. California will allow some elective surgery. This, however, is receiving mixed messages. President trump says georgia is reopening too soon. He says he strongly disagrees with georgias decision. However, he will still leave it up to the states. Heres a positive. The Field Hospital built specially for virus patients in houston, texas, may be dismantled, not needed, underused. Lets get to the markets. First im dealing with oil. Look at this. Moving back up again in price. 16. 71 is the production price right now, but production is being scaled back very very sharply. Sup
Overall, we have 130,000 people who tested positive. To 16,000 people in our Hospital System, 13,000 people have been discharged. Number of deaths are up once again. Number of people we lost, number 4758, which is up from 159, but which is effectively flat for two days. News,none of this is good the flattening of the curve is better than the increases we have seen. New york is still far and away the most impacted state. And new jersey is having real difficulty. Since speaking with governor murphy, anything we can do together, we will. Michigan, also. California has leveled off. And louisiana is having a difficult time, so they are in our thoughts and prayers. The total number of hospitalizations are down. The icu admissions are down. And the daily incubations are down. Those are all good signs. And would suggest a possible flattening of the curve. The number of discharged is down, but that reflects the overall reduction in the numbers. The big question we are looking at now is, what is
Andrew cuomo speaking about the covid19 response. You are watching live coverage on cspan. To her left, the budget director. Numbers, the numbers continues to increase continue to increase. We have 130,000 people who have tested positive overall, 16,000 people in a Hospital System, 13,000 people who have been discharged. The number of deaths are up once again, the number of people we lost, the number of new yorkers. But which is159, effectively flat for two days. News,none of this is good attening of the curve is better than the increases we have seen. Still far and away the most impacted state. In new jersey and new jersey is having real difficulty. Since speaking with governor murphy, anything we can do together, we will. Michigan, also. California has leveled off. Having aiana is difficult time, so they are in our thoughts and prayers. The total number of hospitalizations are down. The icu admissions are down. And the daily inhibitions are down incubations are down. Those are all go
Was with bill winters of Standard Chartered who saw first hand what was happening in wuhan. He said the u. S. And u. K. Were too late in dealing with coronavirus. Mr. Johnson, who is still selfisolating at downing street, he has given up doing the daily briefing. He has given that to michael gove. Unprepared andl we watch what comes next. The amount of traffic in london is still quite palpable compared to france and italy when they are in complete shutdown. , i drove around a bit yesterday and it is a 15 of what it once was. A lot of good conversation today, Jeffrey Sachs will join us in moments. We are thrilled to bring you laureate Michael Spence of new ,ork city, and at 12 00 noon david westin in conversation with the Vice President of the United States. Lets get to the first word news. Viviana china accusing the u. S. Of trying to shift the blame for its own coronavirus outbreak, responding to the report that china concealed the extent of the problem. The u. S. Intelligence communi