Rooms have been converted into makeshift hospitals. Oil producing countries trying to negotiate a truce save a market share through global collapse to demand. A 2 week a ceasefire comes into effect in yemen say they wont stop fighting other countries still in the sea. And hundreds of millions of children desperately needing food you look at the difficulties for aid during the pandemic. So the damage to the worlds biggest economy from the coronavirus shutdown is really hitting home in the past week another 6600000 americans have joined the jobless queue and that means nearly 17000000 americans have now filed for Unemployment Benefits in just 3 weeks thats one in 10 workers and the affairs of figures could be even worse lets bring in our White House Correspondent Kimberly Halkett in washington d. C. And kimberly in just a matter of weeks 17000000 people out of work and its probably more. Yeah youre absolutely right nothing like this seen in modern history and it is expected to be more be
If you feed say they will not stop fighting while the country is still under siege. Millions of indians ordered to wear masks in public including venues in the 2 biggest cities new delhi mumbai. So then the damage to the worlds biggest economy from the current of our shutdown is really hitting home in the polls week another 6600000 americans have joined the job was cute and that means nearly 17000000 americans have now filed for Unemployment Benefits in just 3 weeks thats around one in 10 workers there are fears the figures are even worse for more on this lets bring in our White House Correspondent can be how could you standing by in washington d. C. And kimberly 17000000 people out of work is just staggering isnt it. Its staggering and in terms of recorded numbers it may not even be hitting the Halfway Point the number expected once all American Workers who lost their jobs over the night as a result of coronavirus are actually filed could be in the neighborhood of about 46000000 ameri
Another 6600000 people in the u. S. Filed for Unemployment Benefits just last week that means 10 percent of the countrys workforce nearly 17000000 is now unemployed because of the fallout from the pandemic for more on this spring in our White House Correspondent Kimberly Halkett in washington d. C. And so kimberly these numbers put another huge strain on the economy. Huge strain on the economy and we hear that the numbers are only going to continue to get worse this is the 3rd consecutive week of massive job losses in the United States but what were told is that really could be in the 10s of millions even up to 46000000 people when all of these claims are filed the reason that we dont have those numbers now is that the states and employment offices are overwhelmed of people simply cant get in there to file the claims they cant get through on the telephone they cant even seem to file on live so we expect this number to continue to climb and its across all sectors were seeing the Hospita
As yet another central bank initiates an emergency rate cut in the face of a Global Economic slow down. Its wednesday, march 11, 2020 and Worldwide Exchange beginning right now. Good morning and welcome im Courtney Reagan in this morning for Brian Sullivan with me this hour aaron gibbs. Were going to kick off this morning with a wednesday whips off for wall street. Stock futures look to erase the majority of yesterdays gains. Right now we are indicated for a lower in the Dow Jones Industrial average, futures pointing to lower open of 482 points, s p500 down by 58 and nasdaq off by 161. Lets check out the action in the bond market. This of course has been something that weve really been watching before we go there, were going to watch the dow futures for you again, down 1. 4 in the early going. In the bond market, the yield on the ten year is above 0. 7 , 0. 741 look at the 30 year, above 1, but still 1. 2 those are levels we havent seen in so, so long all of this comes after the dow sa
And scott broxburn join us from the red carpet. To belittle it closes its 2020 competition with a pair of powerful political movies spoken about in documentaries or radiated to the reigning film there is no it thats coming up later in the show. Im of accurate as welcome to the Program Hundreds of refugees in turkey have begun moving to the countrys borders with the e. U. After turkish officials declared theyll not be prevented from crossing into europe greece and vogue area both members of the European Union say theyre stepping up border controls to prevent the migrants crossing turkeys decision to allow the migrants to leave came after 33 turkish troops were killed in an airstrike by Syrian Government forces in the region of 8 live. Well for more lets bring in david correspondence but ray get in brussels and dorian johns in istanbul but id like to start with you weve been saying migrants moving towards turkeys border with you in quite substantial numbers today how concerned is the. Th