To recognize the reality. People in the entire state of california are being ordered to stay home in a bid to curb the coronavirus pandemic. I dont view it as an act of god. I would view it as something that just surprised the whole world. There may be new hope in the desperate race to find a treatment for coronavirus. And it couldnt come soon enough. President trump says he is slashing red tape, ordering the fda to fast track the use of two drugs for sick patients. Italys reported death toll from this coronavirus has surpassed chinas. A cemetery northeast of milan has been so overwhelmed, the military had to transport bodies to neighboring towns. Several u. S. Senators are accused of profiting off the pandemic. At least four sold stock in the weeks following a briefing on the coronavirus. No greater moral crime than betraying your country in a time of crisis. These days its difficult to find toilet paper but in pennsylvania, a bakery has a new twist on tp. Toilet paper cakes. All that
Coronavirus battleground. Doctors being called out of retirement. Hundreds of volunteers being rushed in. The number of deaths there now the himornin overnight, a scandal brewing on capitol hill. Some prominent u. S. Senators dumped millions in stock after getting official briefings about the coronavirus pandemic before the markets tanked. Are they guilty of Insider Trading . Lawmakers at home closer to a massive trilliondollar stimulus. The latest on the plan to put a 1,200 check into the hands of millions of americans. And everyday heroes. How a 20yearold College Student assembled thousands of volunteers in just under a week to support those who need it the most. And what celebrities like Jennifer Garner, Reese Witherspoon and frozens josh gad are doing to help out millions of parents. Gondola. Gondola. Good morning, america. Its great to be with you on this friday morning, and josh gad makes you smile. Always. It does, and its great to see so Many Americans stepping up right now, tr
Those are leading the gains today and recovering at the peak now 35 or so40 , from those record highs. David now we have an announcement that the fed is including their money Market Facility to include muni debt. Taylor this is interesting. There was a lot of talk on there. The muni market in general is much more illiquid than the rest of the market. Not surprising to see that in a week like we just had, with stress showing up even more and more. Muni traders continue to say there are some shortterm issues , but theres a lot of issues going on on the long end. I believe in previous laws, the fed could buy these up to six months. This expands it to longer dated maturities. We are getting a lot of that illiquidity on the tens and on that yield curve. Also, they had record outflows, according to as of yesterday. I would imagine this gives a little bit of some confidence to some money market facilities to also include muni debt. David what about all this talk about bailouts . There are neg
Globe would be the shutdown more restricted access to help fight the spread. Well the coronavirus pandemic is only timing its grip on europe this friday to the point where italy is calling in the army to enforce a lockdown in the region of lombardy that is where we will start as we go around the world this hour italy 1st of all with just over 3400. 00 people have died that is now more than anywhere else in the world including china infections of now surpassed 40000. 00 there as well in spain the numbers growing at an alarming rate a 1000 people have been killed and fictions are up at 20000. 00 almost in the middle east iran Just Announced another 149. 00 deaths bringing its total to more than 1400 president Hassan Rouhani is calling on iranians to stay united to tackle the crisis and in the United States the governor of the countrys most. State california has told everyone 40000000 people stay indoors stay home 1000 infections have been reported there so here is the team this hour on A
A movie he describes as upsetting but essential. And significant new restrictions are imposed on tens of millions of People Living in the u. S. States of california and new york. The coronavirus pandemic is that another grim milestone with global deaths attributed to the disease passing 11000. 00 European Countries italy and spain are struggling to stem new infections despite unprecedented lock downs and now the u. K. Has joined them ordering cafes pubs gyms and other businesses to close their doors paul brought in begins our coverage. Across europe coronavirus lockdowns have largely emptied the streets to reduce the chances of person to person infection in paris residents face a 150. 00 fine if caught outside without good reason exercise is permitted even encouraged but new restrictions have been imposed along the river scene and around the eiffel tower you often leave that we are at the start of this crisis as i have reminded the french people in the beginning of this week we put in