Authorities in Trump Administration put possible loss of life in a range between 100,000 and 240,000. Just 8 days ago. But of now institute for Health Metrics and model at university of washington showing a death toll as a result of wuhan virus by fourth of august, to likely reach 60,000 americans. That is still a tragic toll but far better than 100 to 2 240,00. And peak number of deaths to arrive easter sunday, april 12. That number has been revised lower as well. Our Public Health Officials Say this is not a time for anyone to lessen their, forths in following all protocols for social distancing, washing your hands and quarantine. It is going to be a bad week for deaths, well start to see the beginning of a turn around, yee nee. We need to keep pushing on mitigation strategy. David presidenstrategy. The president is not only leading us in this. But he developing planning and preparations i to restart our economy. No one knows better than this president and his team how important it i
Hes actions have saved hundreds of thousands of lives and they made a cell phone graduated here criticizing the media. And the senate he still became the teams germans to break the law goals not the countrys most Prestigious Science academies saying its time to start cautiously lifting prescription. To welcome to the program indias nationwide coronavirus walk down the biggest in the world is being extended until at least the 3rd of may the current restrictions have been in place for 3 for 3 weeks and a wish to end at midnight on tuesday but in a nationwide t. V. A trace Prime Minister Narendra Modi say if that the cost of the economy had been high the lives of the people of india will fall more valuable he did make one consolation saying there may be some easing in a weeks time to help daily wage earners and farm workers. Many are shortly at is seat of the house fun and in daily good morning to many or so what else did mr moti say well of you all just heard the lockdown the National Lo
Weekend germans to break the lock down rule small the countrys most Prestigious Science academies saying its time to stop or should seek the few restrictions. They might add lock anniversary marked by isolation instead of. New Yorks Metropolitan Museum council celebrations for its 150. Hello im christine welcome to the program indias nationwide coronavirus walked on the biggest in the world as being extended until at least may 3rd the current restrictions have been in place for 3 weeks and wish to end at midnight on tuesday but in the nationwide t. V. Address Prime Minister Narendra Modi said that although the cost to the economy had been high the lives of the people of india will fall more valuable he did make one consolation saying maybe some easing in a weeks time to help daily wage and as and farm work is money are sure is seat of the house fun and in daily good morning to human error so what else did mr modi say. Well as you all just heard the lockdown the National Lockdown had be
Of that will be technical selling. The bond market is a little bit unusual not so much happening in yields here, but in europe you are seeing pretty strong support. The time now for the market moving news from our new york team. We want to begin with china and that historic economic slump. Ae first contraction in backdated. We have our correspondent with all of the details. Mike it was actually worse than you expected, 6. 8 decline, the worst since they started reporting quarterly in china back in 1992. The economy has not contracted the fullyear basis since 1970s. We will watch that. One reason the numbers were not worse, if you look at the second number, smaller than expected, Industrial Production of on. 1 , factories returning to work. The problem for them is with the rest of the world unlock and there is nobody to buy their stuff. Consumers are not buying. Lockdowns were lifted but people are still reluctant to go out and spend. Retail sales down 15. 8 this is important because th
Suspending production in South Carolina green arrows across the board. The dow will open about 600 points also looking at the green on the nasdaq and s p 500 if you take a look at what is happening in the treasury as well s p indicated up 72 points in the treasury, youll also see what is happening on the yield in that front. It is the 10year that is yielding closely at 7. 04 . Lets get everybody updated on the latest on the pandemic numbers. Nearly 11,000 people in the u. S. Have died from covid19. The country has more than 361,000 cases. New york has 131,000 of those cases. New jersey reaching a grim milestone with more than 1,000 deaths in the state. Overseas, we have positive numbers from italy that reports its lowest daily number of new cases since march 17 spain reporting its lowest number since march 22nd. The second time since january, china reported no new coronavirus deaths reporting 30 new asymptomatic cases and two with symptoms. President trump has struck a deal to buy mill