U. S. Unemployment about 20 , nearing the 25 we saw during the great depression. The house is set to vote any minute now on this additional relief package that would release 300 billion in funds for Small Businesses. I want to bring in taylor riggs. I want to start with this news out of gilead. Having the s p 500 was some strong gains right out of the gate and then it dipped into negative territory two or three times the lot of the volatility and the weakness coming off the headline we got. It was a Financial Times seen the that they had who accidentally leaked results from a chinese trial. The drug failed to show a positive result. From thely removed it website but the damage was already done. Gilead came out and said the study of the results accidentally published were mischaracterized. The trial had to stop because not enough patients could be found. The results are inconclusive. Damage to gilead scientists and damage to the rest of the market had already been done. It shows you how
Yields down by about eight basis points, once again under 1 for the 10 year. Time now for global exchange. From hong kong to washington to new york, our bloomberg voices are on the ground with this mornings top stories. Want to beginning asia. Total coronavirus cases around the world is now above 95,000. Cases seem to slow in south korea, while switzerland reported its first death. With us now is sophie kamaruddin. Is reporting an increasing number of recovery patients, roughly 62 of those who have been diagnosed who have been discharged from hospitals. The number of fatalities reported wednesday totaling 31, all of which were in hubei province. Jinpings scheduled visit to tokyo has been delayed, and Prime Minister shinzo abe did reveal tighter border controls and japan, including two weeks of quarantine from visitors arriving from china and iran, as well as south korea, where cases have topped 6000, but the daily count has slowed has monday at the country been testing hundreds of thou
Nobody has turned in a speaker card. Seeing none, well close Public Comment. Is there a motion to approve these items a motion. Second. Item five, communications, i have none for you today. Item six. Board members, new or unfinished business. Wow, a remarkably silent group. Ill volunteer one thing. I put myself out there on that one. I first of all want to direct director tomlin and all of the staff on the excellent workshop last tuesday. It was really rich and substantive. And you came to a lot of new conclusions. And i wanted to share ive had several colleagues reach out to me to share stories of their commute. Ive had them express faster traveling times, and remark about the aspect they did not anticipate, which is how quiet it is on Market Street, and they could even hear birds churping on their walks. I just wanted to share that. Im sure all of you are hearing positive feedback as well. But i think it is a great success, and it is clearly have an immediate impact. Wonderful, thank
Good afternoon. I dont want to interrupt your lunch so feel free to keep eating, but as promised we are going to have a really good, important discussion that will help to draw on what we heard this morning and build by thinking a little bit about how do we set a strategic frame to support Good Governance. Think about all the things we heard this morning about some of the problems, some of the challenges that need to be addressed in fragile states. Governing institutions need to become more accountable. We have to work on ways to build inclusiveness. Tackle the problem of marginalization and exclusion. Figure out how to empower youth. To take leadership roles. The importance of enabling Civil Society to be an important part of cementing a stronger state society relationship. These are all dimensions of governance in one way or another. And this is one of the central challenges of transforming fragile states to be more resilient. How do we do that from the perspective of the United Stat
Fixed, but ok. Just leave it this way. Alright. . David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Aliko dangote is widely known to be the wealthiest man in africa, so is that a title you are proud to have, or you get so many people calling you for money that you issue or not the wealthiest man in africa . Aliko thank you very much, david. It is great to be here. Well, you know, when they call me the wealthiest person in africa, it comes with lots of baggage. There are so many demands, people come up with so many different demands, but it is good because i like to give back. David right now you are involved in many philanthropic endeavors in africa and elsewhere. Lets go to some of them before we go to how you made this money. You recently had an event in new