Velocity to the dollar and cash, it only have i never seen it, would say biblical times but i was not around for that. Francine i will have plenty more on that. Lets get to bloomberg first word news. Viviana we begin in china for the First Time Since january the nation reporting new cases of the coronavirus in the single digits. A month ago china reported almost 15,000 cases in one day. It is a sign of viral outbreak may be coming under control. Still the disease is spreading in the u. S. And europe. Italy has more than 15,000 cases and over 1000 deaths. The u. S. Is now up to 1500 infected. A state of emergency declared in new york city last night. To capitol hill and how House Speaker nancy pelosi saying she is near an agreement with the Trump Administration on a coronavirus bill. For paid sicking leave and more aid for those who will lose their jobs. Policy hopes to have a deal today. Investors looking to the Federal Reserve. The fed unleashing a trillion dollars but failed to help
Valencia has been a constantly evolving roadway. The first bike lanes were striped in 1999, and today is the major north and south bike route from the Mission Neighborhood extending from market to mission street. It is difficult to navigate lindsay on a daily basis, and more specifically, during the morning and evening commute hours. From 2012 to 2016, there were 260 collisions on valencia and 46 of those were between vehicles and bikes. The mayor shows great leadership and she knew of the long history of collisions and the real necessity for safety improvements on the streets, so she actually directed m. T. A. To put a pilot of protected bike lanes from market to 15th on valencia street within four months time. [ ] valencia is one of the most used north south bike routes in San Francisco. It has over 2100 cyclists on an average weekday. We promote bicycles for everyday transportation of the coalition. Valencia is our mission fits our mission perfectly. Our members fall 20 years ago to
Risk assets take a beating. U. S. Stock features plummet limit dad down amid a selloff. Europe points to more losses and Oil Nosedives below 30 in new york as an opec plus breakdown see saudi arabia prices saudi arabia slash prices. The entire Treasury Curve sits below 1 for the first time in history. The yen surges the highest level in three years and gold briefly tops 1700 an ounce. Billion in counting. That is how much governments have pledged to pump into the Global Economy to combat the coronavirus. But is it enough, the current market verdict is absolutely not. Awaye just under an hour from the start of cash equity trading in europe and u. K. Lets take a look at futures. A sea of red everywhere you look for risk assets. Seene personally never futures this low. Of course i was not here for the financial crisis, but we have more than 6 drop across the board. Features down seven and a quarter percent. Drops inmassive futures. Said,o see futures, as i limit down in the u. S. They bum
Quorum call mr. Shelby mr. President. The presiding officer the senator from alabama. Mr. Shelby thank you. Mr. President , the American People the presiding officer were in a quorum call. Mr. Shelby i ask unanimous consent that the quorum call be dispensed with. The presiding officer without objection. Mr. Shelby mr. President , the American People are apprehensive about the spread of the coronavirus in the u. S. And abroad, as we can always remember. Global Financial Markets are on edge. Both are resilient but vigorous action is needed to calm nerves, stabilize the situation and get our arms around this crisis. I believe Congress Must marshal the resources here necessary for an aggressive, comprehensive, and swift response. Im pleased to report to my colleagues this afternoon that we, with the house, leadership, both sides have reached a bipartisan, bicameral agreement on an emergency supplemental appropriations package to do just that. The agreement provides a surge in funding at ev
Political rival republicans say its a witch hunt also coming up the Pacific Island state of samoa and goes into a walk down as it carries up emergency mass vaccinations against measles is part of what the World Health Organization says is a collective failure to confront the world wide surge in measles cases with children bearing the brunt of the suffering. And French Public Sector Workers stage one of the Biggest National strikes in decades the protests against proposed Pension Reforms calls once for a disruption to transport Networks Today and schools and hospitals some of them have turned by a lens will have the latest from paris and will take you to the village in turkey was a language all its own. But the villagers old style help twitter is under threat as young leaves. Leave for the cities so you know scott has added what youre hearing right now list for church. Tradition. Golf its good to have you with these speaker of the u. S. House of representatives nancy pelosi says she is