Listen to richard haas the prolific author and academically came out with another book entitled the world. A brief history and 300 pages its departure but i want to start because only after you turned and manuscript the world was confronted by the covidien pandemic and since that happened this crisis has highlighted so many of the themes and concepts that you tackle in the book. I just want to ask you out right what does the pandemic tell us about the world right now . Thank you for doing this also thank you to everyone on this call we hope everybody is well and safe as we get through this one day at a time its like groundhog day. With the pandemic tells us first and foremost is that the world matters and that is obvious were member of the council on Foreign Relations the world matters and what happens around the world doesnt stay there now its a small city in china where the virus broke out spread through china and then to the United States and elsewhere around the world, 9 11 it was
Over concerns of chinese growth. Onbers out of China Industrial profits. Lets look at what has been going on with them. A little recovery. We got above the dotted line, breakeven, if you will. For april. E 1. 1 . E we got up this informs us about nominal gdp and that would suggest we are on a slight uptick. The bottom of this graph is the ppi. Years of negative prices. We have been positive and remain positive as well. Against this backdrop of where companies do have pricing power, industrial profits ticking higher. Against thehat background of the g20. We have a date for that. President trump stepping up rhetoric against china as he prepares for the crucial meeting in japan. Stephen engle is on the ground for us for that meeting. We have a date for the date. Do. Hen we saturday, just before lunch, 11 30 a. M. Saturday is when president xi jinping and trump will meet. President has a full schedule tomorrow. He will be meeting Scott Morrison of australia for dinner and a whole wave of m
Major funding for the pbs newshour has been provided by lincoln financial committed to helping you take charge of your financial future. Bnsf railway. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff it may be unprecedented, and it lit up the president ial Campaign Today a sitting pope crossed verbal swords with a candidate for president of the United States, just ahead of a crucial primary. Political director Lisa Desjardins has our report. Reporter this is not your typical president ial critic. An
Major funding for the pbs newshour has been provided by lincoln financial committed to helping you take charge of your financial future. Bnsf railway. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff it may be unprecedented, and it lit up the president ial Campaign Today a sitting pope crossed verbal swords with a candidate for president of the United States, just ahead of a crucial primary. Political director Lisa Desjardins has our report. Reporter this is not your typical president ial critic. An
Extended forecast in about 15 minutes. Thuds ever to a Traffic Center report is given an eye on our commutes. J. R. jack is a hot spots of this morning. The bride on 880 southbound to jam up because of an earlier a crane accident. Actually about an hour old and it took so long to clear because the first zero trucks a dispatched to the st couldnt make it so they have to call for others. Finally now the rubble is cleared. The accident has been moved to the right have shoulder and you can see the damage has been done. Its backed up now at the san leandro on 880 southbound brief 28 minutes of the end route time as you head south on 880 from 238 to 2373 and a new accident reporting for interstate 80 ride at pinole valley road and the westbound direction follow the total drive time here is still not bad at all and 8080 to 20 minute drive time which is due within the normal range. The bay bridge is continuing to back up. The maze the 880 rabid starting to back up and where of backing up on to