Weve got you covered with deirdre bolton, bryan llenas in new york city, and john roberts at the white house from where the president will soon be speaking. We began with deirdre. The fed does not have a vaccine against the coronavirus and thats essentially what set the stock market into a free fall, closing lower. You can see on your screen. More than 800 points lower as you alluded to, the first time the fed cut rates in between scheduled meetings since 2008, we know what kind of environment was, during the credit crisis. This stood out to investors and have the opposite effect. In many ways it made investors more fearful. Take of oak at the groups that put the most pressure on the markets. Financial, technology, energy stocks. Those were the ones that sold off the most. Keep in mind a lot of those are really areas where investors tend to bet on future growth. The idea of course is that the coronavirus is going to slow the global economy. That was the sentiment that guided trade toda
People are just stripping the shelves of basic foods. You just need to stop it she sobs. And we talk to one of the thousands of couples whose wedding day has been ruined by the coronavirus outbreak. The government is preparing to announce a new emergency package of measures aimed at protecting millions ofjobs during the coronavirus pandemic. In what would be an unprecedented move, the state would step in to help pay the wages of private Sector Companies to stop thousands of them going bust during the shutdown of much of the economy. Its understood that the workers involved will also be exempted from having to pay income tax. Letters are being sent to 65,000 retired doctors and nurses in england and wales, asking them to return to work to help deal with the Coronavirus Crisis. Today is the last day at school for most children in england, scotland and wales until further notice. The government has now published its list of key workers who can keep sending their children to school they in
Lives. His early travel restrictions and quarantines protected the American Public as we look to the future, we have the president who ushered in the hottest economy in modern history ready to do it a second time. Here are the facts. Nearly 90,000 americans have died. And while states look to reopen, it will take months if not years to recover from the economic fallout. To try to help, the house passed a 3 trillion relief package which President Trump has already threatened to veto. The bill would provide another round of relief money to americans, allocate more money for testing, give billions to food stamp programs and a trillion for states hard hit by the virus. While the house is acting, the president is at camp david. Where hes drumming up a phony Conspiracy Theory. You stopped airing the trump briefings and you keep airing the cuomo briefings. Go home, fake news. You are the enemy of the people. You are the enemy you. Are fake news, you all know about it. We know about your agend
Hello and welcome to audiences in the uk and around the world. Were covering all the latest coronavirus developments here in britain and globally. We begin tonight with the damning warning from a whistle blower and leading virus expert, that the United States faces its darkest winter in modern history, if the country fails to improve its response to the coronavirus pandemic. Dr rick bright told a Congressional Committee that a resurgence of the virus combined with seasonal flu could cause unprecedented illness and deaths. The bbcs nada tawfik reports. The bitter divide was at the forefront of lawmakers mines in washington as richard bright, the Administration Former top vaccine researcher turned whistle blower arrived at the white house hearing to testify. Mask on and gloves off, he calmly disinfected his space but refused to sanitise the criticism of his superiors. Is that the administration did not take critical steps at the start of the crisis, ignored warnings and even now, lack a
To start this hour by wishing you all a safe and healthy memorial day. Start by catching up on the latest facts. Right now our country has more than 1. 6 million known coronavirus cases, were approaching another difficult milestone this morning as well, the virus has killed more than 98,000 americans so far. And on this memorial day President Trump paying his respects to americans who have died in service to their country. This hour the president will leave the white house for baltimore. He will be visiting the Fort Mchenry National monument there. Earlier he and the first lady participated in a wreath laying ceremony at Arlington National cemetery. Were also expecting to hear from new York Governor Andrew Cuomo this hour, giving the Daily Briefing around 11 30 today. The governor is in new york city. We will bring that to you as soon as it happens. We start this morning in the short town of Point Pleasant beach the protest that organizers are calling the freedom march of new jersey, s