Union Member States countries regions that have been particularly badly affected by the coronavirus pandemic now the idea is that this money would be bored of the International Markets now both. Kroll and Angela Merkel said that it was absolutely fundamental that the European Union come together it is time to show solidarity with some Member States that have really struggled over the past weeks and months and will continue to do so in the future because of course the coronavirus pandemic is far from over in many ways even though we have seen the numbers of infections and cases drop over the past few days in some European Countries well this initiative has been welcomed by the heads in the of the e. U. In brussels by the commissioner and the head of the e. U. Council who say its very much in line with their own thinking as they are formulating their own strategy it is also been welcomed on the International Financial markets because weve seen global stocks. Chinas president has defended
Nearing collapse and storm over opening schools in the u. K. Why politicians are struggling to get teachers back to class. Though welcome to the program the death toll in the United States has passed 90000 with more than 1500000 people infected and just as the country passed that mark President Donald Trump revealed that hes taking the controversial and unproven treatment how drugs he chloroquine to prevent Coronavirus Infection trump announced his new medical regimen while addressing hospitality sector Business Leaders the antimalaria drug has been repeatedly touted by trunk as a potential game changer. But i get a lot of tremendously positive news on the hydroxy and i say hey you know the expression ive used what do you have to lose ok what do you have to lose your project for about a week for about a week at a have at some point every day i take a pill every day. At some point ill set up what id like to do is id like to have the cure and or the vaccine and that will happen i think 1
Exercising were ordered home. In front schools bars and restaurants are closed gatherings of more than 100 people are banned and people are being urged to work from home public transport is still running but more measures are on their way as of them at this stage in urban areas we will maintain public transport to allow french people to commute for strictly necessary purposes and regarding Long Distance travel by train between major cities by bus or by plane this will be gradually reduced. In the u. K. The governments been accused of not acting quickly enough to contain the spread as people stocked up over the weekend almost emptying supermarkets in some areas hundreds of scientists queried the governments strategy the Health Minister now says water time style measures are coming hes asking british manufacturers to make more ventilators soon everyone over the age of 70 will be asked to self isolate for up to 4 months and this week should see new measures including a ban on large gather
Welcome to the program our top story the u. S. Federal reserve us cut Interest Rates back to near 0 in an effort to boost the american and Global Economy during the course of this and demick President Donald Trump congratulated the central bank during an announcement at the white house it lowered the fed rate. From what it was which was 121425 and its been lowered down to 020. 24 or point 24 so its 02. 2 for. A big difference its a. Quite a bit of a point. Lets go live to mike hanna now hes in washington and this is really the most drastic step taken by the u. S. Federal reserve since the financial crisis of 2008 i guess it gives you a sense of the shock the coronavirus pandemic is about to cause or is already causing in d. D. s senate also follows weeks if not months of urging by President Trump for the fed to drop its rates virtually on a daily basis the president has been insisting that the fed is airing by not dropping its rates so certainly this now is a major step in terms of cre
We will see the sunshine and then some changes with a weekly weather system bringing a some showers. I will talk about this in just a moment but here is a live look with art Treasure Island camera. Is a cold start in livermore, santa rosa, upper 30s and 40s. Mid40s in oakland and about 50 degrees for downtown San Francisco right now. As we head through the afternoon upper 50s for the coast, mid60s in line, josi sunny skies as we head through the afternoon. We are looking at temperatures on the mild side for sure. Mid60s in san jose, concord in the upper 50s so temps about 4 to 8 degrees above average. Will time out era wet weather ahead coming up. Start to kill your mood so far things are pretty clear especially if you are taking the bay area bridges. Only a slight backup and i mean slight, just a couple cars in the cash lane. It is quiet even with a bit of the backup. A nice ride out of the east bay into the city. East shore freeway not seeing any delays. All of our bay area bridges a