Headline out of china, also a lot of focus on the dismal earnings we have had from Certain Companies and dismal economic data. China considering dropping the numerical gdp growth target for 2020. This is like a company saying it is difficult to forecast so we will not tell you. It happens in the corporate world and not usually with the country, certainly as big as china. I dont know if this will have implications for renminbi. The chief executive of alianza said we are underestimating the impact this will have on the yuan. Tom a shout out to Carl Weinberg who aggressively stated a month ago, forecast your economics as possible. It is possible we need first word news in new york city. Ritika President Trump is ramping up his push to reopen the country, saying americans should return to their everyday lives even if that leads to more sickness and death. He spoke in phoenix and may disband the white house tax form stearate tax force steering the government response to the outbreak. The e.
Thing back. In the new york, new jersey, area, some promise that the worsthit states are at least pondering openings as soon as tomorrow. The very latest read on all of this from jackie deangelis. Hey, jackie. Reporter neil, as reopenings continue in slow phases across the country, reminder this mornings weekly jobless claims added three million more people to the list of unemployed. The number was higher than expectations but it was lower than it was last week. So that was positive. Remember the total number of jobs lost in eight weeks, more than 36 million. That is a backdrop here. That is why reopening is so important. The sooner the country can do it, the more people can get back to work. Now in florida universal orlando is partially reopening today. The citywalk portion is going to be on reduced hours but masks are a must. There will be temperature checks. On may 20th, the plan is to open disney springs. That is where the shopping and dining complex is. The rest of the park is clo
Pandemic and accusations of slavery at sea in the leisure demands answers from china after the deaths of fishermen working on chinese boats. First begin in the us where numbers released china employment has surged in april the biggest in close to 90 year tens of millions of jobs were wiped out right across the country as coronavirus lockdowns bats of the economy unemployment skyrocketed to 14. 7 percent it was 4. 4 percent in march in april 20 and a half 1000000 jobs were lost the worst results in the Great Depression which began in 1929 far exceeds the 2008 global recession when 8700000 jobs were wiped out its going now to our White House Correspondent kimberly. So kimberly its another day and another round of depressing numbers and it comes to employment right. Yeah not unexpected but certainly not what this white house wants to hear at the jobs all of the jobs created 6 donald trump came into office and even the ones created by the Previous Administration barack obama those have all
Slavery at sea indonesia demands answers after the deaths of fishermen working on chinese boats. And you should remember its low key commemorations take place to mark the 75th anniversary of the end of the 2nd world war new. Im joining us go with sports as football returns to south korea the defending katie League Champions get off to a winning start inside an empty stadium but thank medical workers with their celebrations. Its just gone 15 g. M. T. We begin in the u. S. Where unemployment skyrocketed in april the biggest increase in close to 90 years tens of millions of jobs were wiped out across the country this crowd of ours lockdowns better the economy lets take a closer look at those figures unemployment surged to 14. 7 percent compare that to just 4. 4 percent that was back in march 20 point 5000000 jobs were lost in april alone the worst losses since the Great Depression which. Gana 1929 and that far exceeds the 2008 global recession when 8700000 jobs were wiped out and its goin
Treat the most severely ill patients. Our kron fours gayle ong joins us now live bill you spoke with a doctorate stanford has been studying this drug is it is it all that. They can grant a stanford has 2 Clinical Trials of from disappear the focus is on the safety account actually safety accountability and efficacy and this was passed in record time. He tells us that. The pandemic is affecting all of us and we really needed something that will work doctor runa superman, ian is leading one of stanfords Clinical Trials does of air the drug that can help treat covid19 specifically the drug blocks an enzyme. The virus needs to replicate friday. The food and Drug Administration approved the drug on an emergency basis. It is not the same as a full fda approval, but assigned the fda believes the benefits far outweigh its risks. In certain patients even if its not perfect even if its not a magic bullet, its nice to have something that improves the overall situation since midmarch stanford has