Jobs have been lost in the United States during the pandemic. A recession courts against bailouts and maybe finally a fiscal union well angle of course 500000000000. 00 euro plan save the european union. The coronavirus pandemic hasnt spread a single nation or economy but the way some governments have handled the crisis has raised eyebrows brazils right wing populist leda jaya balsam out o. Has been dismissive about the Health Crisis and implored people to ignore State Government ordered lock downs and social distancing measures the result brazil has the 3rd highest number of confirmed corona virus cases behind the us and russia a study by Imperial College suggests that 700021 1000000 brazilians could die depending on measures taken to hold the progress of the pandemic its Health Care System has been decimated since 2017 brazils expenditure on its National Health service has been slashed by 4. 4 1000000000. 00 or slightly less than a 3rd of its current budget and its close to collapse
Million stimulus package. Heres more on that from greg lee. Reporter the democratic controlled house is scheduled to vote on the heroes act tomorrow. Republicans said it is dead in the water. While announcing major cuts, Governor Newsom called on President Donald Trump and the federal government to close the gap. The president of the United States with the stroke of a pen could provide support for the new heroes act. These cuts would be illuminated. Reporter House Speaker nancy pelosi release the new bill for 3 trillion. The four previous bills were bipartisan. We hope this one will be too. Reporter Senate Majority leader Mitch Mcconnell said it was a liberal wish list. We have spent enough money to prop up this economy forever. It is garbage. Reporter there was pushback from progresses, democrats criticized Senate Majority leader Mitch Mcconnell. Hunger does not take a pause, not been able to pay the rent, the hardship of it all. Reporter Governor Newsom double down on the call to hel
Cuts through the noise youve been looking at another side of this story now for more information around the outbreak but with the listening post on aljazeera. Hello im adrian for the good this is counted the cost on aljazeera a look at the world of business of economics this week brazils president handling of the Coronavirus Crisis could see the economy slow to its worst performance since 1900. No longer recession proof more than 1000000 Health Care Jobs have been lost in the United States during the pandemic. And recession courts against bailouts and maybe finally a fiscal union will Angela Merkels 500000000000. 00 euro plan save the european union. The coronavirus pandemic hasnt spread a single nation or economy but the way some governments have handled the crisis this raised eyebrows brazils right wing populist leda jaya balsam out o. Has been dismissive about the Health Crisis and implored people to ignore State Government ordered lock downs and social distancing measures the resul
Remain independent. Economy ts, the global takes precedence over the geopolitical tensions between the u. S. And china. The price of the bailout. Brussels set its criteria for backing the state aid pac package from berlin. We are just under an hour away from the start of cac equity trading in europe. Ets take a look at where the u. K. Markets were closed yesterday. They didnt get that take part in the risk on rally that we saw across the continent. We also see u. S. Equity futures rising. U. S. Cash trade was also closed yesterday to honor the memorial day holiday. As a result we see futures in new york up about 2 on the dow and nasdaq futures as well as s p futures up 1. 8 right now. Lets get your first word news. Here are todays top stories from the bloomberg terminal. Once a virus hot spot in europe, italy reported the fewest cases since february. Below 100 for a second day. The global death toll tops 340,000 with 5. 5 million cases confirmed. In england, Outdoor Markets and car sho
Im adrian figured this is counter the cost on aljazeera a look at the world of business and economics this week brazils president s handling of the Coronavirus Crisis could see the economy slump to its worst performance since 1900. No longer recession proof more than 1000000 Health Care Jobs have been lost in the United States during the pandemic. A recession courts against bailouts and maybe finally a fiscal union well angle of course 500000000000. 00 euro plan save the european union. The coronavirus pandemic hasnt spread a single nation or economy but the way some governments have handled the crisis has raised eyebrows brazils right wing populist leda jaya balsam out o. Has been dismissive about the Health Crisis and implored people to ignore State Government ordered lock downs and social distancing measures the result brazil has the 3rd highest number of confirmed corona virus cases behind the us and russia a study by Imperial College suggests that 700021 1000000 brazilians could d