Have had, it is good to get to some form of celebration with some markets closed. How will you celebrate mayday with your cherubs this year . Francine we wont, is the simple truth, although may 1 in italy, youedley usually buy lily of the valley for people you love. There is a controversy because you cannot show up at florist, you have to order them online. It is not because it is may 1 that the lockdown is eased. Buy them online. It is the little nuances but people miss that make it quite heavy as we go on. Mood int is exactly the america, drowning in little nuances as we tried to get through this pandemic. Optimismwe looked with at may and now even june, people are beginning to frame july. Right now, our first word news in new york city. Viviana the u. S. Federal reserve expanding the scope of its main Street Lending program. Businesses with up to 15,000 employees will be eligible and also those with up to 5 billion in revenue. The central bank is expanding its paycheck protection fa
The various heroic people working at mount sinai hospital, i am tom keene, Francine Lacqua in london. Cavendish,d to baron it is an interesting mix in the United Kingdom of the politics of the government and the fairly grim pandemic statistics. Seenine we also havent from Boris Johnson and a while, so the daily briefings are led by various cabinet ministers, and yesterday we had the further three weeks of lockdown expansion extended. As baroness cavendish was saying, maybe we need more testing. What the markets are looking at, they are looking through the number of cases that are slowly increasing in europe and still increasing in the u. S. , they are looking through the deaths and infected cases, and chinese gdp was horrific, the first contraction in a decade, and they are focusing on the positive. We could have a drug that is working, from gilead, and President Trump has given a timeline and thought on how the economy could reopen. Tom i really want to emphasize, every politician in
Tom it will be interesting to talk to fatih. We have the price actions and dynamics and future this is and futures that. What are they going to do about it . Derth, a absolutely complete mystery out there right now over what the next step is. There was opec plus, there was all the meeting of the World Leaders and that. And what i hear on a wednesday is just absolute thundering silence. Francine yeah, absolutely, tom. We were speaking to the former n. E. Chief executive and they were saying they would need to cut Something Like 33 Million Barrels for make a difference. It seems difficult for this group alone to do something. Well discuss that and also have to look at the world e. T. F. s place on this but straight to bloomberg first ord news with viviana hurtado. Viviana the Senate Passing a relief package including money for the tapped out program to aid Small Businesses. Theres also money for coronavirus testing and hospitals swamped by patients. The house could take up the measure as
[bellringing] tom the perspective here as in so many different nations is the dead of the hospital workers. For the nhs, over 90 people have died during this pandemic. In the united kingdom, how is the view, the perspective of the nhs changed . Silence the minute of where we saw boris johnson, the leader of the opposition, and the city grounding to a halt for one minute across the country to commemorate the 100 people who have died these are have died. These are key workers, people from transport, not only nhs. Many times over, ministers were asked about the number of key workers who had died and very few knew what that number was, so this follows a pretty explosive local tv network speaking to one of the sons of the key worker that died from the nhs, saying we really need an apology. This was welcome to unite the nation at a difficult time for the government to answer questions. Tom the symbolism we see as a general pandemic update, there is lots of good news. I know viviana will have
Tragedy, and germany leading on trying some way to get back to normal. Francine germany is a good test, but if you look at the number of lockdowns and when it happened, various countries also have very different patterns. They are similar in some ways but depending on when you started the lockdown you will have a Different Number of infected. I have been looking at mathematic modeling and out of europe, the u. K. Comes up with the moats most deaths. We look to germany to see if there is a solution. Some setbacks, singapore having a tough go of it. The United States, you looked at , andectors of the pandemic massachusetts and california having a tough number of days. Right now, we need a news briefing. Viviana the u. S. House could vote on the pandemic measure as early as tomorrow. The Senate Passing a 484 billion release relief package, including money for the tapped out program to aid Small Businesses and aid for hospitals. Immigration and president donald trump, he announced he would