Developments and Governor Andrew Cuomo has been mentioning these developments. Now worry on the food side though. We heard that tyson foods is indefinitely suspending operations at that largest pork plant in south dakota and worries now, forget about whether you get pork or beef. Whether, if and when you get it. We could be looking at sharply higher prices because right now it is in short supply. Connell mcshane on the latest developments. Hey, connell. Reporter neil, we have widespread agreement whether it is governments or companies, about the economic damage being caused by this pandemic in the country where there are differences though is on the approach to how to reopen economies. Now, you mentioned, some of it is businesses versus government. Business us will make the own decision. Tyson is example of that. Suspension of these operations you mentioned is an indefinite suspension. The basic thing here. A lot of workers, so many calling in sick at that plant that tyson felt they ju
Carafano of the heritage foundation. Colonel, great to see you. The president is on a Conference Call to get this oil deal done. Your reaction to that story as we await for the presser . I think one of the Untold Stories about the whole Covid Response has been the u. S. As a global leader. Were so focused on the domestic story. Were so focused what china is doing around the world that china is absent and were not. This is one of the instance United States holding back, Holding World Health Organization accountable. Tremendous work weve done with other countries own development and cdc and everybody else. U. S. Is still the global leader. Im glad we have Something Like this to remind people of that. Elizabeth i want to move to jobless claims. This is a story of reopening. The American People want to know the plan Going Forward from reopening economy. Were different from europe. Entire nations shut down. They can make the call to reopen. We operate on a 50 state model. Here is the proble
Foundation. Colonel, great to see you. The president is on a Conference Call to get this oil deal done. Your reaction to that story as we await for the presser . I think one of the Untold Stories about the whole Covid Response has been the u. S. As a global leader. Were so focused on the domestic story. Were so focused what china is doing around the world that china is absent and were not. This is one of the instance United States holding back, Holding World Health Organization accountable. Tremendous work weve done with other countries own development and cdc and everybody else. U. S. Is still the global leader. Im glad we have Something Like this to remind people of that. Elizabeth i want to move to jobless claims. This is a story of reopening. The American People want to know the plan Going Forward from reopening economy. Were different from europe. Entire nations shut down. They can make the call to reopen. We operate on a 50 state model. Here is the problem, 6. 6 million jobs lost
Covid19 virus it is monday, april 6, 2020. You are watching cnbc. Good morning welcome to the show. Im dominic chu live at cnbc headquarters dow futures pointing toward a surge at the opening bell. If all things hold true, we could see an 838point gain for the Dow Jones Industrial average, 101point gain for the s p 500 and 320point gain for the nasdaq a big surge after down moves last week. Also keeping an eye on the bond market as well we are seeing some movement there in terms of yields on benchmark u. S. Treasury bonds and notes. Twoyear, 26 basis points or 0. 26 . A tick higher there. Tenyear benchmark treasury yields a hair over 65 basis points, or 0. 65 you can see sell off of government bonds, those yields rising crude also moving at least to the downside right now wti, 26. 60 after logging its best week in history well have much more on that trade in a moment. We have Team Coverage from around the world to kick off your monday morning. Julianna tatelbaum is standing by in our l
Contributors of this report will talk on u. S. Approach to Counter China based on this report. So now introductions. This is picture i took. The rise of china and its attitude towards the world, challenged by chinas ambition. Vice president mike pence spoke at Hudson Institute, and this is very important, and said beijing government approach using Political Economic and military tools as propaganda to advance its interest and benefit its interest in the United States. So given that the United States need to win the competition, cooperation will arise in likeminded countries is key because historically number of Political Partners has been a deciding factor in the geopolitical struggle. For example, the wild, wild west the winning side comprise but the losing side was composed of just four. During the u. S. Soviet cold war, 54 versus 26 eric so these facts indicate that the number of supporters correlate to the likelihood of winning the competition. Therefore, maintaining improving coll