Conversation than giving any formal remarks. Let me just provide a little bit of an introduction. Obviously, over the last couple of months, most of the oxygen in this town has been consumed with two things one, the Government Shutdown and the possibility of default that was ultimately resolved; and the second has been the rollout of the Affordable Care act and the fact that my websites not working the way its supposed to. And its entirely legitimate that those have been issues of great concern. The impact of the shutdown and the threat of default, i think, not only did some significant damage to the economy at a time when we didnt need self inflicted wounds, but it also spoke to some of the larger problems weve seen here in washington and the sense of dysfunction and the seeming incapacity of both parties in congress to Work Together to advance an agenda thats going to help us grow. With respect to the Affordable Care act, i think people are legitimately concerned because we have a ma
Too long, i think, ends up speaking to how much confidence we have in government and whether we still have the capacity collectively to bring about changes that are going to be good for our economy, good for our businesses, good for the American People. I do want to say, though, that, beyond the headlines, we have made Real Progress in the economy. And sometimes that hasnt gotten enough attention. Some of the tough decisions that we made early on have paid off, decisions that helped us not only recover from a crisis but begin to lay a Stronger Foundation for future growth. We refocused on manufacturing and exports, and today our businesses sell more goods and Services Made in america than ever before around the world. After a decade of shedding jobs, our manufacturing sectors now added about half a million new jobs, and its led by an American Auto industry that has come roaring back after decades of decline. We decided to reverse our dependence on foreign oil, and today we generate mor
And europe is hurting especially spain. Lets start with the markets and the stocks set to open in the red as the dow and s p are on pace for their worst week in a month and a half following a slide in several emerging markets and the international currencies. Microsoft set to open in the green after reporting stronger than expected profits. And starbucks getting a jolt set to om higher after First Quarter earnings top estimates and starbucks raised its guidance for the rest of the year and well talk to the chairman and ceo shoulder shultz later on this hour. First up, though, futures are falling one day after the 176point drop in the dow and the s p on track for a second week in declines in the wake of the selloff in emerging market assets. Slower Growth Prospects in china and various local political issues among the key factors. Of particular note a big drop in currencies like the lira which hit a record low against the dollar this morning and the argentinean peso. It has authorized c
Is a Bloomberg News exclusive. Shinzo abe says there are no and to abenomics. He talks about how Japanese Companies can stay competitive under his policies. Regarding the Corporate Tax starting next fiscal year, we decided to reduce by 2. 4 and we will be moving forward with reviews and studies on how Corporate Tax should be in order for Japanese Companies to stay competitive. Thee will have a more from exclusive interview throughout the program. Ukraine. Protesters have flooded the streets of the capital among speculation that the president is going to sign up to a russian trade bloc. David tweed is there. Angela merkel must be keeping a close eye on that. I want to give you an idea on how much of the german media and political establishment i want to show the right side the newspaper. This is the picture on the front and is also on the front of several other National Newspapers that the statue of lenin was toppled late last night. And then decapitated. This is a big issue for Angela
Deaths. 946 deaths recorded yesterday alone out of more than 5,000 overall. Nearly 96 of the country now has been ordered to stay at home as more governors impose those statewide closures. Lets begin this hour of this. Our Brynn Gingras joins us again. Where we are getting an early and inside look at the Emergency Rooms hit by this pandemic. Reporter thats right, we are constantly getting nfr information about these Emergency Rooms. A lot of times were hearing about the public Emergency Rooms in the public hospitals, 11 of them. A man shot a video diary and this is in one of the private hospitals, mt. Sinai in new york city. He basically talks about that morning when he had to go to work, he left his wife and 17monthold daughter and he wasnt sure when he was going to see them again, because their family was fearful he would bring home the virus. He talked about all the equipment he has to put on and reuse in order to continue to see patients. And those ers, just like the ones weve been