Coronavirus is finished whenever thatt might be germrmanys refususing it please call from president and solidarity with holiday countries european economies impacted by the epidemic with countries imposing strict lockdowns at a close bususiness its important to live on. Lets get the analysis sundress last june us to so fellow at the check hello hi in thank you very much for being with us it was never going to be a consensus one mother told but how important is it. That some kind of common plan is agreed upon. Thats a ibibm aspect tht needs to o be found so a common response all f for member stats together with the European Commission is key so what we can expecect from two dayss eueurogroup thing iss some consensus but notot on what i i would deem are very importantnt measures soo m. Transfer s spacy so what we e will probably see a two night will be. On instability in being used for give dont to cocountries particularly hit by the crisis and will p probably see i think there will be c
And as the number of cases of coronavirus worldwide eclipses 750000 with more than 35000 deaths in the United States has become the epicenter of the pandemic with more confirmed cases than anywhere else in the world on sunday despite hopes of returning to the u. S. Economy to normal by easter u. S. President donald trump announced the extension of social distancing guidelines through the end of april. To peak in death rate is likely to hit in 2 weeks nothing would be worse than declaring victory before the victory is won. That would be the greatest loss of all. There for the next 2 weeks and during this period its very important that every one strongly follow the guidelines have to follow the guidelines that our great Vice President holds up a lot hes holding that up a lot he believes in it so strongly the better you do the faster. This whole nightmare will end. Therefore we will be extending our guidelines to april 30th to slow the spread. Dr Anthony Fauci of the top Infectious Diseas
Trading in these Turbulent Times with a packed show today so lets dive right in. And as the number of cases of corona virus worldwide eclipses 750000 with more than 35000 deaths the United States has become the epicenter of the pandemic with more confirmed cases than anywhere else in the world on sunday despite hopes of returning to the u. S. Economy to normal by easter u. S. President donald trump announced the extension of social distancing guidelines through the end of april. The peak in death rate is likely to hit in 2 weeks nothing would be worse than declaring victory before the victory is one. That would be great. There for the next 2 weeks and during this period its very important that every one strongly follow the guidelines have to follow the guidelines that our great Vice President holds up a lot hes holding that up a lot he believes in it so strongly the better you do the faster this whole nightmare will end. Therefore we will be extending our guidelines to april 30th to sl
350 billion in direct Cash Payments will be available for every american citizen earning less than 99,000 per year. That would be 3400 very quickly for the typical family of four. Nothing like thats ever been done in our country. Up to 250 billion in expanded unemployment benefits. The average worker who has lost his or her job will receive 100 of their salary up to four full months. Unlike normal unemployment benefits, independent contractors and the selfemployed will be eligible. So you have independent contractors and selfemployed people will be eligible for this. Over 100 billion to support the heroic work of our doctors, nurses and hospitals. They have been incredible. 45 billion for a Disaster Relief fund. Were setting up a fund of 45 billion for Disaster Relief. That is more than doubling the amount available to support my National Emergency and disaster declarations. It is a doubling up. 27 billion to build up the Strategic National stockpile with critical supplies including ma
About the impact later on in the show. Time now for bloomberg time now to dig a look at all the news you need to know, from d. C. To new york. We are joined by bloombergs michael mckee, taking a look at all of the Market Action and economic action out of europe. It was a tough day for services pmis. Michael absolutely, and the charts tell the stories. These were the worst numbers ever for france, germany, and the eurozone, showing the Service Industries worsen manufacturing, and in part due to a quirk in the data. The market, we get pmis at 9 45 this morning. The same sort of data are expected. We also get the Bloomberg Consumer comfort index, the most highfrequency Consumer Confidence data. That has been moved up two days. The crashing of the european economies has revived talk, or pushed, shall we say, talk of stimulus higher up the agenda. German chancellor Angela Merkel has already decided that she is going to establish a Stimulus Program to help revive the economy, and she has put