Georgias kelly love letter will be one of our guests. All that and more on making money. Deirdre the white house is asking congress for more than 800 billion. Were going to take you right there. Hillary vaughn is standing by. Hillary, any new details . Reporter deirdre, yes, specifically about the 850 billion. Were learning that part of that, 58 billion, could be allocated to just the Airline Industry alone. That is according to John Roberts Fox news is reporting but i also asked secretary Steve Mnuchin today if theyre looking for providing economic assistance to any other industries that could be impacted, particularly the Restaurant Industry . He tells me that is on the table for larger Relief Program for small, mediumsized businesses including franchisees. Secretary ma. Looking to send checks to americans immediately. What we heard from hardworking americans, Many Companies shut down, whether bars or restaurants, americans need cash now and the president wants to get cash now. I mea
Markets could hit that Circuit Breaker limit. It is incredible when we think about the volatility. It doesnt seem like the Federal Reserves jay powell has calms kets by any has combed has calmed markets by any means. Francine lets get straight to the bloomberg first word news in new york city with viviana hurtado. Viviana we begin with the most extreme effort yet to slow the march of the coronavirus in the United States. The cdc recommending events of 50 people or more not be held for two months sports, weddings, parades, concerts. All of these are on a twoavoid list. The economic slump in china is worse than analysts feared be the coronavirus leading to factories, shops, restaurants enclosed across the nation. Industrial outlets plunging 2. 5 . Retail sales were down more than 20 . Now the first oneonone debate between president ial hopefuls joe biden and Bernie Sanders. They sparred on ideological lines over how the government should respond to the coronaVirus Outbreak. Mr. Sanders s
This is a really hard time of year to be homeless which is why one high street bank says its stepping in to help. Hello and welcome. Im katty kay in washington and Christian Fraser is in london. There is an evergreen quality to the title of this programme. Particularly when leaders keep promising to get things done within 100 days. And so it was this morning. The british Prime Minister at his first Cabinet Meeting since re election promised to work flat out to deliver on the promises he has had made to the british people. Among a number of commitments the tories have made is a new one that will prevent parliament from extending the brexit transition period beyond dec 31st next year. The Prime Minister says the deadline will focus minds in westminster as well as in brussels. The eu has dismissed it as sabre rattling and said it was expected as part of the Prime Ministers political positioning. The withdrawal bill itself will be brought back to the house on friday. Today was about, swear
With all the controversial quarterback Colin Kaepernick holds a try out session in front of team scouts but only after a last minute change of venue that and more coming up this news hour. Police in hong kong are on the brink of trying to break up a standoff with protesters that is getting more dangerous by the hour demonstrators have barricaded themselves inside a University Campus from their arrows and hold petrol bombs police have fired back with tear gas and water cannon now they warning theyre ready to make the next move and urging people to get out of the area for their own safety and were going to go live to rob mcbride in hong kong in just a moment 1st he has his report. Another sunday afternoon another home cold streak turned into a battleground. At the end of a week that seen a marked escalation in the level of violence between protesters and Police Students took over several College Campuses. Polytechnic university is the last under their control and they seem determined to
Nissan fell 4. 5 . The biggest fall since august. The hang seng, another bourdais. Well below the water 27,000 level. The 127 level. 127,000 level. Lets have a look at what else is going on. Lets look at bonds. The yield, 1. 91 the 10 year. Talk there, with much earlier this week that we would have seen a move toward the 2 handle, which would send a signal of positivity, but it would be translated as bad good news being translated into bad. The new Zealand Dollar up 1 . The cap Interest Rates on a whole. They cap Interest Rates on a whole hold. They are not ruling out stimulus. Europe, 1. 10 handle. 5 . Anese 10 year yields,. 0 three basis points to the downside. Thats the markets. Was look at the first word news. Su keenan. We start with bolivia. The power vacuum has seen an opposition lawmaker declared herself the president. Socialist morale is that the country in chaos, but now the senator says she will assume leadership of the chamber, making her the head of state. Mexico that she