A state of emergency but will people stick to social distancing rules. In the wilds of Oil Producers agree on the biggest cut in production ever but not everyone is ready to turn the tap off. And on peter cymru this. Minister wants his countrys doping been removed while 6 members of barcelonas board removed themselves resign in protest the president calls the bottom thats coming up later this news hour. All the while it is now nearing 100000 deaths from coronavirus the United States has the highest number of infections and in new york now mass burials are taking place as morgues run out of space christensen reports. Part 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
President is promoting. I dont want people to have their hopes up. That standard. Well yemen records its 1st case of coronavirus leading to fears for. Their sport russias sports minister wants his countrys doping ban removed while 6 members of barcelonas board remove themselves resign in protest that president bottom oh thats coming up later in the program. Manager from the Worlds Largest 20 economies are holding an emergency meeting right now on how to protect oil markets damaged by the fallout from the Coronavirus Crisis their Video Conference follows a record breaking deal by opec and its allies to cut production to try to boost prices reducing output by 10000000. 00 barrels a day is also aimed at countering the collapse in demand caused by coronavirus lets bring in our economics editor. Tell us more about this so where are we at is it likely to happen. Well nick you know theres a possibility that this deal could go through and he said it is an exploding tail because even at the las
Back we look at what Small Businesses in the us are doing to combat the effects of the disease. So the World Health Organization has warned governments against prematurely rolling back restrictions aimed at containing the coronavirus pandemic says that while the rate of infection has been slowing in some countries others seeing an alarming surge in cases i know that some countries are already planning the transition out of stay at home districts sions w. H. O. Wants to see distractions lifted as much as anyone i disable time lifting restrictions too quickly could lead to a deadly resurgence. The way down can be as dangerous as the were if not money properly for more on this lets bring in our white house cross one can be how could in washington d. C. And kimberly the messages keep those lockdowns going. It keep those lockdowns going even as the u. S. President has considered lifting some of those restrictions in the face of contradicting Public Affairs Health Officials here in the u. S.
Or conversation from the Brookings Institution on Monetary Policy and inflation continues. Coming up, well hear from former fed chair ben bernanke and New York Times columnist and author paul krugman. Thank you all for continuing the conversation. Its almost hard to believe theres anything left to say after those panels. So i was going to propose that we do this whole thing in rap or maybe in finnish, but i thought that was a little unfair given that i havent given the panel advanced warning of that. Thats right. Also, you wouldnt want to hear me. So i am joined here by Olivia Blanchard formerly of the International Monetary fund and m. I. T. Loretta midwe loretta mester, and ben bernanke, and our colleague gary brookings and paul krugman, the economist at the university of new york. Columnist for the New York Times, krugman is the guy that makes all journalists nervous because he seems to be more productive than the rest of us and thats kind of frightening given that he does all of th
Advance warning and so i am joined here by olivia who is now at the Peterson Institute and loretta who is the president of the Federal Reserve bank in cleveland and grenade the former fed chairman and paul crewmen the economist and Senior University of new york and columnist for the New York Times and he is the guy who make all journalists nervous because he seems to be more productive than the rest of us and that is kind of frightening given that he does all these other things at the side but we can discuss that later so i wanted to start by asking each of the panelists a little bit about what they took away from the conversation we had this morning. I want to start with olivier who made the observation, him inside the you see behind us about how they behave, perhaps one in this expected but prices arent rising so the question is, what the hell is going on . So i had prepared a slide in anticipation and i think it has survived the previous three hours fairly well and coincides with th