Prices. Out of intensive care british Prime Minister valas johnson remains in hospital with coronavirus britains death toll is nearing 8000 and. The economic toll of the coronavirus outbreak continues to be felt in the u. S. Another 6600000 americans claimed Unemployment Benefits last week alone 87000000000 people have filed for unemployment in the past 3 weeks that 10 percent of the workforce the countrys economy has been crippled as businesses were forced to shut down in an effort to stop the spread of the pandemic john hendren has more from chicago. The president came out saying that the u. S. Was at the top of the hill when it comes to the coronavirus and in some cases going downward but thats not the case when it comes to the economy of and of course thats a lagging indicator here 6600000 new jobless claims 17000000 over the past 4 weeks out of work and filing new jobless claims and an Unemployment Rate of 12 to 13 percent thats a level not seen since the Great Depression forecast
A viable option for the november elections were going to discuss that all right its time to boost your news i you. Know packing and other allied Oil Producers made a deal during a Virtual Meeting today that will take Oil Production to historic cuts arties Rachel Blevins has been following the story all day and shes joining us now with more details to this deal rachel well manella saudi arabia and russia have agreed to a Historic Deal which will see the worlds top will producers cutting output by 10000000. 00 Barrels Per Day amid a sharp decrease in demand from the coronavirus pandemic the deal was made during a Virtual Meeting between opec members and other allied Oil Producers on thursday and during that conference Russias Energy minister called for unity and warned that if oil prices are not stabilized it will have made. Massive impact on the global economy. Stances require swift and timely measures all of our Oil Producing countries must 1st to change the situation will lead to the
The pandemic. Oil producing countries reach a deal to cut production in an effort to offset the global drop in demand and prices. Millions more people are being added to the queues of americas jobless as the wider effects of the coronavirus become clear another 6600000. 00 claimed unemployment benefit last week alone that takes the total to nearly 17000000 people in the past 3 weeks and there is fear the rate could rise to numbers not seen since the end of the Great Depression in some cities drive ins have been created for people to collect unemployment for john hendren has more from chicago. The president came out saying that the u. S. Was at the top of the hill when it comes to the coronavirus and in some cases going downward but thats not the case when it comes to the economy of and of course thats a lagging indicator here 6600000 new jobless claims 17000000 over the past 4 weeks out of work and filing new jobless claims and an Unemployment Rate of 12 to 13 percent thats a level not
Its time to boost your news i you. Know packing and other allied Oil Producers made a deal during a Virtual Meeting today that will take Oil Production to historic cuts arties rachel levin has been following the story all day and shes joining us now with more details to this deal rachel well manila saudi arabia and russia have agreed to a Historic Deal which will see the worlds top will producers cutting output by 10000000. 00 Barrels Per Day amid a sharp decrease in demand from the coronavirus pandemic the deal was made during a Virtual Meeting between opec members and other allied or Oil Producers on thursday and during that conference Russias Energy minister called for unity and warned that if oil prices are not stabilized it will have a massive impact on the Global Economy but you know these circumstances require swift and timely measures all of our Oil Producing countries must poor efforts to change the situation related to the substantial over. Doctrine of oil in the world. The o
Downward but thats not the case when it comes to the economy of and of course thats a lagging indicator here 6600000 new jobless claims 17000000 over the past 4 weeks out of work and filing new jobless claims and an Unemployment Rate of 12 to 13 percent thats a level not seen since the Great Depression forecasters are saying they expect that to go up to at least 15 percent and 11 said that this is really essentially the Great Depression 2 here in the United States one sign of that is the trouble of the u. S. Airline industries the president did address that in that briefing today he said details will come out over the weekend over the u. S. Aid package for those airlines he said the Airline Industry has hit very hard as everyone knows and we are going to be in a position to do a lot to help them but of course no details on that until the weekend so were looking forward to see what the president has to say on that british Prime Minister baraks johnson is out of intensive care after impr