Will not. He made maybe that will happen, maybe it will not. ,s you rightly mentioned francine, today the pandemic is again front and center. It is without question a different thursday than it was a week ago thursday, even two weeks ago. Once again the pandemic worldwide, and in selected states in america, really is front and center. Francine it certainly is, and that will be the main themes running through our program. Thats get to first word news with ritika gupta. Ritika good morning. A second wave of coronavirus cases is in the u. S. Texas reported its highest oneday total since the pandemic emerged, and a month into reported, florida 85 new cases, the most in a sevenday period. Still, surges cannot be linked to reopening. A powerful message from Federal Reserve chairman Jerome Powell, saying the central bank will keep pumping stimulus into the economy until the labor market is healed from the coronavirus pandemic. The fed is not even thinking about raising Interest Rates. Policym
Symptotoms causese by the coronaviruss including a a temperature and a cough. On monday evening the Prime Ministers Office announced that on the advice of his medical team he had been moved to the hospitals intensive c care uni. Johnson has asked foreign secretary to deputize for him when necessary. The department of m ministrys in safe hands and the focus of the g government will continue be on making sure the Prime Ministers direction. Johnson tested positive for the virus on march 27th. Earlier on monday he wrote on twitter that he was in good spirits and keeping in touch with his team. He also thanked the National Health service for taking care of him and other patients adding you are the best of britain. New York Governor Andrew Cuomo said hes hiking penalties for anyone failing to comply with social distancing rules in the state, which has become the epicenter of the coronavirus pan demmi neyork h has more than 1 130,0 caseshihich aountntsor nrlyy 40 of the counyys totals. So far
Undergoing repairs. There are 623 crew members on board, but no passengers. Health officials tested the crew after one of them tested positive on monday. The o Officials Say nonone of t3 people infected are known to be in serious condition. They also say theyre working with the Central Government to disinfect the vessel. Now, april is the start of the new Academic Year here in japan, and some Elementary Schools in the central part of the country resumed classes earlier this month, but they closed last week after four children and a teacher in one class were found to be infected. Tokyo tops the list of prefectures in the number infections with over 3,400 after 132 new cases were reported. The total number of confirmed cases in japan now exceeds 11,800, more than 700 cases have alalso beenn linked to the diam princess cruise ship, which is quarantined near tokyo in february. A total of 307 people have died in japan, including 13 from the diamond princess. A japanese medical expert says t
Ability to sell its oil who is currently the american policy of course is to completely turn off the spigot who is buying iranian oil at the moment and will they continue to do so i guess thats a critical question. Yeah it is and theres obviously a lot of smuggling going on but you know the chinese needing iranian oil the indians need iranian oil because the at the refineries actually need the heavy crude that iran can provide them and with with venezuelan production having fall off a cliff iran is the other source of heavy crude which refiners want turkey would like to buy iranian oil there are people there and probably the indians and especially the chinese will not be asked fast by iran but the threat of iranian sanctions the europeans will be right and the europeans are saying that theyre desperate to save the vestiges of this nuclear deal they go to come up with this instead arrangement. If indeed it does come to fruition will it be enough to keep the iranian economy turning over.
Welcome todays counsel on international economics. Im neil irwin at the New York Times and author of a new book called health when in a winner take world and i preside over todays discussion. Great honor to have Jerome H Powell with us today and the 16th person to chair the board of governors at the Federal Reserve system and joins us today for the World Economy and previously he was a fed governor that he worked in Bipartisan Policy Center and u. S. Treasury department and we begin with a few remarks by german powell. [applause] thank you, neil. Good afternoon. Its a pleasure to be here today so i will begin with a Progress Report on broad public review by the Federal Reserve colleagues and i are conducting of the strategy, tools and mediation practices we use to achieve the objectives congress has assigned to us by law i will discuss the outlook for the u. S. Economy and Monetary Policy and i look forward to our discussion that will follow. During our public review we are seeking per