Economies trying to rio, maybe not reopen, maybe not straightaway, but starting with france in phase two and starting phase two on may 11. There is hope we have bottomed out when it comes to the economic crisis. I am seeing euro movement. Here is viviana hurtado. Viviana the white house is backing away from a projection that shows the coronavirus out rate getting much worse in the u. S. And says by june there could be 200,000 new cases and 2500 deaths per day. The white house says that is a cdc document that has not and presented to the president. Neither allies nor opponents are happy with Boris Johnsons coronavirus plans. Lawmakers from his party want him to ease the nationwide lockdowns. Propernions demand protection for employees. Three months to fix it 3 trillion wanted tate of easing Program Quantitative easing program, this from the German Constitutional Court to the ecb. Claim the bank overstepped its bounds. Oil on its longest winning streak and nine months. For the fifth day
Nissan scrapped its payout entirely. Changes at the top. Ubs begins its search for a successor to ceo Sergio Ermotti. They are said to be seeking internal and external candidates. Good morning, just under an hour away from the start of the cash equity trading day in europe. Lets take a look at the futures picture. The picture around the asian equity session was one that was flat and negative, and this is the picture we have for european futures. European futures showing a bit of upside to the start of the trading day, as our u. S. Futures. We are expecting to see more movement, but coronavirus remains a big topic of discussion. And expectations about what Central Banks can do is at the forefront of investors minds, when we look at the resilient futures. Lets get to the breaking data. We have german Economic Data for the German Economy, stagnating in the Fourth Quarter. That is our red headline across the board. The quarter on quarter number, unchanged. There is the stagnation for you.
This is a really hard time of year to be homeless which is why one high street bank says its stepping in to help. Hello and welcome. Im katty kay in washington and Christian Fraser is in london. There is an evergreen quality to the title of this programme. Particularly when leaders keep promising to get things done within 100 days. And so it was this morning. The british Prime Minister at his first Cabinet Meeting since re election promised to work flat out to deliver on the promises he has had made to the british people. Among a number of commitments the tories have made is a new one that will prevent parliament from extending the brexit transition period beyond dec 31st next year. The Prime Minister says the deadline will focus minds in westminster as well as in brussels. The eu has dismissed it as sabre rattling and said it was expected as part of the Prime Ministers political positioning. The withdrawal bill itself will be brought back to the house on friday. Today was about, swear
Giant nothingburger, to paraphrase his remarks. Meanwhile, there has been no significant departures of support coming from republicans in the house of representatives. Members of the conservative house and copies have said that Speaker Nancy Pelosi rushed to judgment. We have not seen significant departures of support in the republicans coming from the senate. Even one of the most tepid criticisms we have seen coming from senator mitt romney, a frequent critic of President Trump come republican from utah, said it was deeply troubling, but would not go so far to endorse impeachment. Democrats for their part say this definitely emboldens their cries for there to be impeachment proceedings. We dont have a clear timeline on what is next. What we do know is that likely the administration and department of justice will have to hand over the was a lower complaint whistleblower complaint that started all of this ukraine chatter, and that we could hear testimony from the whistleblower as early
On the money starts right now. Announcer this is on the money, your money, your life, your future. Now becky quick. We begin with a familiar sight, your face, and now not only can you easily recognize it, tech giants like amazon are getting more sophisticated in recognizing it as well but where should the lines be drawn when it comes to facial Recognition Software amazon shareholders are the latest group to protest its use. Facing pressure it is this weeks cover story at a recent meeting of amazon shareholders among the most closely watched issues debated, amazons use of facial Recognition Technology this is a demonstration of how the tool works shareholders voted against both proposals on the companys recognition program. One would have prohibited the company from selling its Recognition Software to Government Agencies and another would have led to an independent review of the program. Reaction was mixed we certainly support the folks who are pushing forward the two proposals on the r