Reporting another record high number of infections politicians are divided over the wearing of masks in public. If we do it right we can overcome this crisis. The head of the European Commission says the stakes could not be higher as e. U. Leaders discuss a major financial coronavirus Recovery Plan. And tributes are being paid to protesters who died last week in mali as regional leaders mediate the growing political crisis there. India has now become the 3rd country in the world after the u. S. And brazil to record more than a 1000000 confirmed corona virus infections in all 3 countries the pandemic has crippled Health Care Systems economies and peoples daily lives some states. In india on reimposing restrictions after the lifting of the nationwide lockdown last month there are concerns that many cases are going on reported because of a lack of testing infections in the u. S. Of set another record more than 77000 in just 24 hours that is the highest daily number recorded by one single
With the worst Public Health care in the country its also conducting one of the no worst level of tests less than a 10th of the number of tests that are conducted in. The government there feels that they need to impose this law for 2 weeks to try to break the chain of transmission there and there was criticism of elsewhere in the country that theres no information from the government about how theyre actually using this time theres only been repatriation flights allowed into india for the last few months theres been no International Commercial flights since march and thats actually been a bone of contention especially by the u. S. Government which said that its against you know International Aviation rules for india to have this kind of monopoly because only Indian Airlines were operating these flights so the Indian Government has now made these deals with the u. S. And was found negotiating with germany and the u. K. They say that this is the next step after repatriation and before go
Plus as the virus continues its spread across the globe so as misinformation about the outbreak and tech giants are teaming up to take it on and later the global Aviation Industry has been battered by the virus could help for the sector be just over the horizon we have a packed show today so lets dive right in. And after the worst day for the u. S. Market since 1987 were seeing a bit of a rebound following an early rate cut from the u. S. Federal reserve as the central bank tries to mitigate the Economic Impact of the coronavirus markets tumbled to yearly lows losing more than 10 percent and on tuesday things are back in the green but the question is for how long were going to get to that shortly with some expert analysis but thats whats going on on wall street what about whats happening on main street please pardon the political cliche there an increasing number of businesses have been forced to close in major cities throughout the United States as of tuesday the United Auto Workers h
Over the horizon we have a packed show today so lets dive right in. And after the worst day for the u. S. Market since 1987 were seeing a bit of a rebound following an early rate cut from the u. S. Federal reserve as the central bank tries to mitigate the Economic Impact of the coronavirus markets tumbled to yearly lows losing more than 10 percent and on tuesday things are back in the green but the question is for how long were going to get to that shortly with some expert analysis but thats whats going on on wall street what about whats happening on main street please pardon the political cliche there an increasing number of businesses have been forced to close in major cities throughout the United States as of tuesday the United Auto Workers have called for a 2 week shutdown of plants operated by ford General Motors and chrysler to safeguard their members from across the Virus Outbreak Movie Theaters Movie Theater operators amc and regal will close for up to 12 weeks Department Store
Planned to stimulate the economy and help those working americans. Although the president likes the idea of the payroll tax holiday i will tell you what weve heard from many people and the president said we can consider this the payroll tax holiday we get people money over the next 6 to 8 months were looking at sending checks to americans immediately and what weve heard from hardworking americans Many Companies have now shut down whether its bars or restaurants american state cash now and the president wants to get cash now and i mean now in the next few weeks and for more on all of this and the state of the markets we bring in t. J. Watkins chief market analyst at Simpler Trading and Todd Horowitz chief strategist at bubba trading thank you so much for joining us now baba here in the u. S. The Trump Administration is pitching this roughly 850000000000. 00 stimulus package which would ease some of this economic pain where were talking about payroll tax cuts theres a possibility of a 10