Testing ramps up across the worst affected parts of kenya but many are worried theyll be forced into quarantine. In other news allegations of Police Brutality in hong kong the Police Complaints watchdog wants the territory risks being dragged into a new era of terrorism. Now some hummus now have all the sporting clothing and major land before the german bunds league to restart talks the coach will miss the teams 1st game back after breaking quarantine the rules. Lets get going as many countries cross the peak of the virus pandemic World Leaders are turning their attention to restarting their economies either by lifting restrictions or with big injections of cash people in the United States could eventually be in for another stimulus check with the house of representatives debating a 3 trillion dollar Economic Relief package it includes almost a trillion dollars alone for state and local governments who are now drowning in debt. Germany is preparing to make the move of dropping entry re
To ease restrictions after a coronavirus lockdown there. And then other news from hong kong the Police Complaints was dont want to the terrorists being dragged into an era of terrorism. The u. S. House of representatives right now debating a 3 trillion dollar aid package to tackle before lout from the global coronavirus pandemic it is a huge figure to take on an Enormous Economic challenge these pictures coming to us live from washington more than 36000000 people are out your work and they are claiming benefits that figure expected to climb towards 45000000 over the coming weeks sales are down by a record 16. 4 percent for the month of april will stay with these live pictures will also talk to our White House Correspondent kimberly healthcare so bad data the dow jones opening done kimberly must be focusing minds there on the floor of the house. Just like. Yeah watching very carefully what is debated in this legislation its pretty certain that this is going to pass the house of represen
A warrior exam be forced into quarantine. Hong kong Police Watchdog upholds actions against protesters provoking anger from those who accuse offices of brutality. U. S. Present donald trump has declared a massive new coronavirus aid package being debated in the house of representatives will be dead on arrival when it reaches the senate the true 3 trillion dollar package being pushed by trumps rivals the democrats what it clips all previous Financial Rescue measures the democrats control the house Donald Trumps republicans have a Senate Majority more than 36000000 people are claiming Unemployment Benefits in the u. S. And figures just out show retail sales down by a record 16. 4 percent in april. In late march President Trump signed a 2 trillion dollars stimulus package into law the largest of its kind in u. S. History it included payments for most u. S. Taxpayers to help them cover expenses while out of work job the support was also expanded and there was more money for hospitals and f
Coronavirus cases continue to rise as the fallout cripples the Global Economy. China may be forced to abandon growth targets for the year. We are just getting some news crossing the bloomberg when it comes to expectations for summer earnings out of we are expecting a pretty down quarterly in terms of the impact for the asiapacific. We will be bringing those to you shortly but in the meantime, we have data out of south korea. Shery we are getting the current account numbers for south korea for the month of march. Current account surplus coming in at 6. 2 3,000,000,000 fine 6. 23 billion dollars. The current account surplus narrowing a little bit from the previous month of february. Also, the month of february being revised lower to 6. 4 billion. The goods trade balance coming in at 7 billion. The surplus was a little larger than the previous month. Given that we do have the coronavirus pandemic and april export numbers really taking a hit, the march current account numbers not looking t
To that discussion between camp and richard will professor wove thank you so much for joining me my pleasure im really glad to be here i dont know anyone better than you to diagnose the problems right now were looking at an economic crisis possibly 30 percent Unemployed People suffering across the country and around the world if only someone had told us that such a crisis might happen if only there had been some kind of warning signs but instead no one could see that capitalism would have such a problem is that right. Well as a fuel cost but basically youre right the consensus was that we were doing really pretty well the president s absurd claim that the economy was great or even come greatest in the world. Was one thing that people winked at each other about but not enough to really make a counter argument or a counter assessment that it was as weak as it has now shown itself to be if i could just make the point in a different way this is the 3rd crash of capitalism in this new young