Not a surprise if you look to see whats happening with the shutdown of the economy, the forced shutdown because of coronavirus. Taking a look at the tenyear this morning, it looks like that is yielding about 0. 735 at least on the last time i looked at the boards it was. And then wti is the other big story today. Joe also mentioned opec plus deal it was an historic one opec and other nations agreeing to cut Global Oil Production by onetenth. Well talk about this in a few minutes. Wti is up by 1. 5 to 23. 11 a barrel. We have a huge lineup of squawk newsmakers including Mohamed El Erian, Richard Preston and dr. Scott gottlieb starting in a few minutes. Andrew thanks, becky hope everybody had a great weekend. Lets bring everybody an update on the pandemic. Of course, the number of confirmed cases in the United States now more than 557,000 and the death toll is more than 22,000 there are 190,000 cases in new york state with more than 9300 deaths that means new york alone has reported more
Carafano of the heritage foundation. Colonel, great to see you. The president is on a Conference Call to get this oil deal done. Your reaction to that story as we await for the presser . I think one of the Untold Stories about the whole Covid Response has been the u. S. As a global leader. Were so focused on the domestic story. Were so focused what china is doing around the world that china is absent and were not. This is one of the instance United States holding back, Holding World Health Organization accountable. Tremendous work weve done with other countries own development and cdc and everybody else. U. S. Is still the global leader. Im glad we have Something Like this to remind people of that. Elizabeth i want to move to jobless claims. This is a story of reopening. The American People want to know the plan Going Forward from reopening economy. Were different from europe. Entire nations shut down. They can make the call to reopen. We operate on a 50 state model. Here is the proble
Toll on the economy, labor deputdepartment announcing 6. 6 million americans filing for unemployment last week. The Senate Adjourn until monday after the radical dimms blocked effort by g. O. P. To raise funding by a quarter ther trilln for the paycheck protection program, a program that has expended 500 thousand loans to Small Business worth 128 million, and securing hundreds of thousands of jobs. On the floor today, senator Mitch Mcconnell blasted the dems for Holding Americans paychecks hostage. Country cannot afford unnecessary rangling or political maneuvering, treating this as a normal kind of partisan negotiation could cost americans their jobs. Lou earlier today treasury secretary Steve Mnuchin said he believes that United States will be back open for business next month. U. S. Surgeon general jerome adams laying out tw two metrs required before that can become reality. Number one, standing up testing, make sure we have testing availablable rapidly, and we have testing for surv
Foundation. Colonel, great to see you. The president is on a Conference Call to get this oil deal done. Your reaction to that story as we await for the presser . I think one of the Untold Stories about the whole Covid Response has been the u. S. As a global leader. Were so focused on the domestic story. Were so focused what china is doing around the world that china is absent and were not. This is one of the instance United States holding back, Holding World Health Organization accountable. Tremendous work weve done with other countries own development and cdc and everybody else. U. S. Is still the global leader. Im glad we have Something Like this to remind people of that. Elizabeth i want to move to jobless claims. This is a story of reopening. The American People want to know the plan Going Forward from reopening economy. Were different from europe. Entire nations shut down. They can make the call to reopen. We operate on a 50 state model. Here is the problem, 6. 6 million jobs lost
Now the government keeps to the law now theres a lot of press about diplomatic immunity case i want to get onto that in a 2nd but i know you would. For a while perhaps you cant talk about it but there have been revelations that you are bugged on well i havent read those reparations i will of course say julian is in jail with a lot of islamic terrorists and belmarsh prison likely to remain for a couple of years while his extradition case goes through so. His fate will depend on the British Government or the British Government as it is in a couple of years time maybe but i think the conservatives would be happy to extradite him it may be that mr coburns government would not ok but i mean you have such a little illustrious history. Of human rights cases have you ever previously been bugged by the cia as you read talking to cloud i suspect ive been bugged by the russians by the americans by the us. I suspect that the role of an independent lawyer acting in cases where dissidents are up aga