A country out of its economic spiral. And put Us Birthday Party has been postponed will suffer the South Koreans will have to wait until next month to celebrate. The sport paris man is set to be crowned champions in france is the Domestic League season is cancelled. Just 1500 hours g. M. T. Will start this news in the United States where the economic numbers just keep getting worse the u. S. Labor department has released yet another bleak unemployment report more than 3800000 americans filed for benefits in just the past week taking the total number of jobless to more than 30000000. 00 over the last 6 weeks the Unemployment Rate hold it around 3 and a half percent between december and february but in my. Watch it jumps to a 2 and a half year high of 4. 4 percent thats roughly more than 7000000 people the state governments now begin to restart their economies the easing lockdown measures all the hoff of the 50 states including florida or partially reopened by the end of this week as the
Fight against the pandemic one of the worst hit countries in asia reports no new local cases. And the u. S. City of miami starts to lift its lockdown restrictions despite a high number of cases. Im going to go with sports is italy its football season looks set to be scrapped players are about to start training again but the country sports minister wants to follow france and the netherlands and focus on next season instead. Its 10 g. M. T. And we start in europe where the economy has suffered its biggest quarterly hit on record shrinking by 3. 8 percent so far this year thats the eurozone sharpest drop since records began in 1995 so yet another indicator of the widespread economic devastation caused by the coronavirus lockdowns around the world all that comes after germany which is europes strongest economy announced its g. D. P. Is on track to shrink by more than 6 percent this year because straight to don. It came it joins us live from len so dominic we were expecting of course the ec
Projections for 2021 are also being revised down. And, where it all began. China has lifted travel in wuhan, ending 11 weeks of a lockdown that disrupted the lives of millions of people. Shery happening right now, President Trump speaking at the white house, talk about how he is handling the virus outbreak, saying he will ask congress for an additional 250 billion. Take a listen. Pres. Trump it was a big, important thing. We are looking to have far fewer deaths than originally thought. I think we are heading in that direction, but it is too early to talk about it. I really dont want to talk about it now. Doingk that people are an incredible job. The doctors, the nurses, the firefighters, the police. All medical people, the bravery they are displaying is just incredible. Every citizen should take nd selflessness and all the courage and compassion of our people. The people that are working, and construction workers going into hospitals, knowing nothing about this problem other than it is
Less pay handle than the 80 we have had the last few weeks, although this is still pretty elevated. I want to talk about the individual stocks that are moving. It is interesting you have a lot of these stocks rising and falling despite some of the overall gains we are seeing within the s p 500. Youve seen ae, lot of these cruise lines extend the ban on the travel limits we have seen with the president overnight saying we are extending this lockdown period through april 30. Hit aftering another posting 80 gains last week. Barclays now saying is saying boeing and airbus could see production cuts of 30 to 40 . Disney one of the strong performers, at least today. Goldman is saying disney and marriott are some of the few coronavirus pix that despite the shut down some of these stocks should recover. Interesting to see disney maybe hanging in there after all. David thank you so much to taylor riggs. Various medical and Health Insurance Companies Across the country are doing what they can to
Expected to arrive at harbor by midapril. Another ship, the usns mers sebased in san diego. Officials havent determined exactly where its going to be deployed just yet. Both ships of nearly three football fields long. Each has about 1,000 beds and 12 operating rooms. The centers for Disease Control says there are now 7,038 cases of covid19 in the u. S. At least 97 people have died. The virus has been detected in all 50 state, as well as the district of columbia, puerto rico, guam, and the u. S. Virgin islands. New york, washington state, and california have the most cases at 2,600, 930, and 598. Mms of parents likely spent this day trying to figure out what to do with their children who are home from school potentially through the end of the school year. San francisco announced theyll have a citywide plan for parents but it wont be ready until sometime next month. Christien kafton live with the didnt wants for parents and students. Reporter San Francisco schools are still in their firs