About 800 points on the dow. Youre still looking at a loss of greater than 5 a huge story today the crude oil crush as the saudis initiate a price war. We should think about it in terms of the speed and velocity of decline the s p the is down about 17 . We hear about the news with are the russians and saudi arabia. The problem i have is you have a very healthy patient being the market now it appears to be in intensive care we dont seem to have any doctors around to treat them in intense iive care negative rates are present in the uk, first time ever. We are battling here in the United States with the potential for negative rates the missing link in all of this which is what we saw in 2008 was a global coordinated effort. There does not seem to be a globally coordinating effort to address that i think thats what the market is riding against. Liz young, what do you see . Lets start with the globally coordinated effort i think theres been an effort from Central Banks thats been reasonably
You uphold the universe by the words of your power. Today, walk with our senators as they work. Help them to remember that there is no purity without vigilance, no learning without study, and no mastery without discipline. Give them the wisdom to be willing to pay the price to honor you. Provide them with joy in service and devotion in discipleship. Infuse them with a spirit of power, love, and selfcontrol. We pray in your mighty name. Amen. The president pro tempore please join me in the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president . The presiding officer the senator from iowa. Mr. Grassley one minute in morning business. An oped i penned recently mentioned countries that still has laws on the books and it touched the nerve in bangladesh. I certainly didnt mean to imply that it was the worst off
Vote vote the presiding officer on this vote, the yeas are 96, the nays are one. The 60vote threshold having been achieved, the bill is passed. Senate will be in order. Please remove your conversations from the floor. Mr. Mcconnell mr. President . The presiding officer the majority leader. Mr. Mcconnell i withdraw amendment number 1419. The presiding officer the senator has that right. The amendment is withdrawn. The senator for alaska. Ms. Murkowski i modify the amendment amendment number 1407 with the chaplains at the desk. This modification includes, among other things, acceptance of amendment number 1419 offered by the senator from kentucky, mr. Mcconnell, for the senator from iowa, ms. Ernst. The presiding officer the senator has that right. The amendment is so modified. Mr. Mcconnell i send a cloture motion to the deck for the substitute amendment number 1407, as modified. The presiding officer the clerk will report the cloture motion. The clerk cloture motion we, the undersigned
Top 3800. Ths germany boosts investment to bolster its economy. The u. S. Is said to be drafting measures to blunt the fallout. A cataclysmic implosion of in response mechanisms, the oil market, equity markets, and it is visceral. To the oil market, the biggest oneday plunge since 1991. It lasted for five weeks the last time the oil market collapsed like this. We are in an unequivocal outright war on the oil market, according to goldman sachs. How that endures, will the russians come back to the negotiating table . Saudi arabia offering their oil at the biggest discounts to anyone else in their wake in 20 years. 20 is on the agenda according to goldman sachs. How did this morph . There is your brand, wti. We will talk to bob mcnally later on. Oil markets with the additional paranoia to really ramp up the markets. We are talking recession risk, Global Health crisis versus Global Financial crisis. The curve, pimco says we are talking about a shock of a recession in the united states. Fis
Medical authorities have to be ready i dont feel. Close i. Said at be careful about any. Also coming up u. S. President Donald Trumps 2 day visit to india is over no new trade deal for the u. S. Economy but lots and lots of law. Yes im on this relationship is the most Important Partnership of the 21st century the u. S. Indian partnership is now truly stronger than ever before. On to our viewers on p. B. S. Watching in the United States and all around the world welcome we begin the day with 2 emerging pictures of the corona Virus Outbreak tonight there are more than 80000 people infected with the coded 1000 corona virus worldwide most of them are in china China Remains the hardest hit country but there are signs that efforts to stop the spread are beginning to work the World Health Organization says the pace of new cases there is slowing now that its not the case for much of the rest of the world south korea has the 2nd highest number of cases and today president moonshine in said that