Market. In the we want to begin in washington, where the u. S. Passed a record 2. 2 trillion economic rescue package. The house will vote potentially on friday. Going this is kevin cirilli. Walk us through some of the highlights here. Kevin shortly before midnight, the senate, in a resounding 960 trillionsed the 2 economic stimulus bill. That puts pressure on the house of representatives to get this done quickly. Theres been some comments from farleft progressives and far right republicans that they may have some issues with this version of the bill. I do not it is about that being enough to significantly stop this from being passed, based upon my reporting. I can tell you that the likely vote will come friday, and President Trump has said he is going to sign this virtually immediately once it lands on his desk. Alix thanks so much. As i mentioned earlier, europe really stepping up its effort to deal with the fallout from the coronavirus. The latest is the ecb started buying bonds, but
A full lockdown and warns time is running out to contain the virus. Almost right for plucking a straight in farmers fear their fruits will rot they cant get enough workers. Into the sport as the premier league clubs announce they will not consult with their players about taking a 20 percent 30 percent a bigger part in pay cuts to help in the fight against the Global Health crisis. So that the United Nations says 70 countries thats more than a 3rd of the world have endorsed its call for a global cease fire as corona virus spreads at an alarming rates around the globe warring parties in libya in syria in yemen and 8 other conflict zones say theyre willing to lay down their arms the u. N. Chief warns a lot more needs to be done. There is a huge distance between declarations and deeds between translating words into peace on the ground and in the lives of people there are enormous difficulties to implementation a scornfully to fester for years distrust these deep with many spoilers and many
Storm is now coming to all the seas theres a. New york is in crisis helping new york. Another appeal from the governor of americas worst hit state is new york records more than 100000 coronavirus cases and nearly 3000 deaths. And far from a bed of roses thousands of workers at flower farms in kenya lose their jobs. So then the managing director of the International Monetary fund has announced that a global recession is taking place to to the code 1009. 111. 00 Global Markets and that a one trillion dollar war chest is at their disposal if needed. This is a crisis like no there never in the history of the i. M. F. We have witnessed the World Economy coming to a stand still we are now in recession it these way worse then the Global Financial crisis we can have one trillion dollars war chest and we are determined to use as much as necessary in debt protecting the economy from this current of this crisis straight to our diplomatic editor james bays whos at the United Nations james the i. M
Coffee 1000. 00 storm is now coming to all the sea theres of course. The u. N. Renews its call for a global ceasefire to help combat the virus. New york is in crisis helping new york. Another appeal from the governor of americas worst hit state is new york records more than 100000 coronavirus cases and nearly 3000 deaths. And almost right for picking but australian farmers fear their fruit will rot if they cant get enough workers. So then the financial damage caused by the coronavirus pandemic is now quote way worse than the 2008 Global Financial crisis the stark warning has come from the head of the International Monetary fund Christina Georgieva says the trillion dollar war chest will now be used to fight what shes calling a worldwide recession this is a crisis like no other. Never in the history of the i. M. F. We have witnessed the World Economy coming to a stand still we are now in recession it is way worse then the Global Financial crisis we have one trillion dollars war chest an
A stranding in farmers fear their fruit will rot if they cant get enough workers. Theres been a grim warning on the wider long term effects of the coronavirus pandemic the head of the International Monetary fund Christina Georgieva says the Global Economy has come to a standstill this it says is the worst crisis it ever witnessed fog graver than the Global Financial crisis a decade ago its giving us side a trillion dollar war chest to help vulnerable economies as infection numbers near 1000000 theres a battle over facemasks a u. S. Manufacturer says the government has asked it to stop exporting and 95. 00 masks to canada and latin america and while americas leading National Public Health Institute recommends the use of face masks President Donald Trump says its voluntary and he will not be following their advice composition good citizens that hell expand medicare for 30000000 uninsured americans. The c. D. C. Is advise in the use of nonmedical cloth Face Covering as an additional volun