Prices and out of intensive care about british Prime Minister voice johnson remains in hospital britains death toll is nearing 8000. Thank you very much for joining us millions more people have been added to the queues of americas jobless us the wider effects of the coronavirus pandemic become clear and now the 6600000 claimed Unemployment Benefits last week alone that takes a total to nearly 17000000 people in the past 3 weeks and theres 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 forms 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 Unemploym
Surgery is put on hold. The death toll from corona virus across the u. S. Has now passed 16 and a half 1000 in new york there are signs of improvement with a drop in hospital admissions but its still the worst affected states and had a Record Number of deaths for us 3rd straight day kristen salumi reports hart island is new york citys potters field where those with no family or means to arrange a funeral are laid to rest they used to bury 25 people a week here in the age of the coronavirus its about that number every day. Counting the dead is now part of the daily routine for the gov 911 was supposed to be the darkest day in new york for a generation we lose 2753 lives on 911 weve lost over 7000 lives through this crisis. That is so shocking and painful and breathtaking. I cant i dont even have the words for as the daily death toll continues to reach new heights and the state builds more temporary hospitals like this 350 bed the syllabi there are signs that the spread of the disease is
This is boom bust that one business show you cant afford to miss. In washington coming up markets rally on hopes that the coronavirus is finally stabilizing then oil on oversupply as a price war between russia and saudi arabia continues finally the popular losing momentum this is due to do well explain was boom bust cohost won the packed up with a new today so lets go and get. The krona virus epidemic continues to 3rd some countries are still waiting for the worst to come the global death toll now at nearly 74000. 00 with more than 1300000. 00 comparable cases in japan Prime Minister shinzo abbay said he will declare a state of emergency for tokyo and 6 other prefectures as early as tuesday. We have opinions from experts that the government should prepare for a state of Emergency Declaration i want to huge scale never before seen night we have decided to give them internet konami measures of 108 trillion yen one trillion us dollars which is equivalent to 20 percent of japans g. D. P. W
The past 6 months since the fed started inter intervening in the repo market and then we got hit by a pandemic and now we have mass unemployment and things like that thats the fear system leaving and this is the the hardening system the hard money system and touring and to join us through this time we have gear mo who we met in mexico city said am ex say he was so wise and he told us about hard money so hes actually pretty hard if you pick him up its really hard unlike plucky who eat took with us through the central banking field ideas quarantining hes quarantining but hes really floppy you know he can barely hold the worlds most famous central banker hes the most famous central banker but this is hard money era so we have a stone cold headed just like your jacket weve been signaling this so we have to join us to talk about braced for the deepest recession on record says bank of america analysts as jobless claims surge to 6600000. 00 they believe that Unemployment Rate is going to go t
A viable option for the november elections were going to discuss that all right its time to boost your news i q. So 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. Stances require swift and timely measures all of our Oil Producing countries must 1st to change the situation will lead to the substan