France now receive their very own polilice escort. Thank you much for joining us here on france 24. We begin with the coronavirus, which has affected more than one billion people ininfected moe than one Million People around the world. New york remains the epicenter of the outbreak, and that citys mayor is advising residents to cover their faces when stepping out. Theange of tact from epicenter of the coronavirus outbreak. New york has joioined californ in recommending all peoplele cor ththeir faces in public. We are advisingng new yorkers to wear r a Face Covering when u go outside and can be near other people. It could be a scscarf. It could be somethining you cree yourself at home. It could b be a bandana. It does not need to be profesessional surgical masks. Leave those alone. Leave those to the people who are saving lives. Ofhor other forms protective equipment are in short supply. If a hospital in brooklyn pleaded with authorities to do more. Every day when i go to work, i feel l
That seems to have worked because the dow which had been limit down has now bounced back and at the opening bell, we may be up 400 points. The dow will be up significantly at the opening bell. Same story with the s p and also with the nasdaq. Now, treasury secretary mnuchin, he says the Federal Reserve will have 4 trillion for loans to businesses. He says theres more where that came from and if congress doesnt get something going real fast, then they will go back to congress for more and he says the fed will provide any amount that is needed. Thats what the fed is doing right now. Thats the market. Thats the fed. Thats whats going on in congress. Now look at the price of oil. That has been a problem for American Energy producers and right now, weve got oil all the way down in the low 20s. Thats a continuing problem for texas, north dakota and for the Energy Producers and these energy stocks. How about the price of gas . That is absolutely tumbling. The National Average all the way down
Crude dropping hugely today, as demand fears rise that demand is going to fall, hitting its lowest level now since 2002. Speaking of free fall, look at shares of boeing that air space giant asking now for a 60 bailout. It is down 25 today and on track for its worst month ever, doubling the losses it saw back in september of 2001. This stock was a 300 plus stock, not that along ago, kelly. Its just unbelievable. Tyler, thanks. Appreciate it. Heres what you need to know, everybody. There are now 200,000 cases of coronavirus globally about 7,000 of those are here in the icu. The u. S. And canada have now agreed mutually to close the border to limit travel between these two countries. The move, they say, wont impact trade. Thats been impacted by its own problems new york is dealing with the largest outbreak of coronavirus, with cases more than doubling to 2,000 overnight. Bob pisani is all over these big market moves today bob sullivan is watching crude as it craters. Kayla tausche is watc
It looks exactly the same and your cupcakes are healthy. Well catch up on businesses booming from the coronavirus, the trials of dr. Fauci and President Trump itching to leave the house again. Welcome to the daily social distancing show. From trevors couch in new york city to your couch somewhere in the world, this is the daily social distancing show with Trevor Noah Trevor lets kick it off with good news first. As you know, hospitals are running short on essential equipment to treat people with coronavirus, including ventilators, to help people breathe because, remember, its a respiratory illness. Now, great news, major Car Manufacturers like ford and General Motors announced they will be retooling their factories to make ventilators tt them up and running, but, still, i mean, this is great that the Car Companies are stepping up to help with the ventilator shortage. And its going to be great. Just means the next fast and furious movie will be a bitle weird its about family and breathi
Thank you all for being here today. m going to go out of order, thank you, mr. Chairman, for holding this important hearing. I first want to get on the record and thank our subject matter experts. Experts. If theres anything we legislative leaders ought to be doing an more broadly our government leaders, its listening to Public Health experts. Thank you so much and the experts in some of these discrete areas that will be impacted by the coronavirus. I regret that in minutes i have another meeting that pertains to this important topic. I just want to publicly express my intention to submit for the record some important questions i have for you related to the increasingly integrated supply chains that we now have between various enterprises and i guess this is this situation will create certain vulnerabilities uring times of what is now a pandemic. I have some questions related to supply Chain Mapping that im hoping someone will be prepared to answer and lastly, our reliance on foreignma