Radio, Bloomberg Television across this nation and worldwide, what you need to know. Moonshot. Let me get to it. Futures, the high for the day. Dow futures up 19 points. Nasdaq futures up 1. 7 . Forest thend ndard and poorest 500 friday, echoing a matter of it is when, not if. It doesnt matter when we get that fiscal stimulus. We will get the fiscal stimulus area that seems to be the message from so many people we speak to. Tom Jonathan Ferro already explaining some of his other properties to us here on our simulcast worldwide. Lisa abramowicz, the political story front and center. Do you link the political story to what we see in market activity . Lisa you certainly see that across wall street analyst reports, saying that joe biden solidifying his lead reduces the election. A contested the lack of uncertainty is what is giving people confidence to go ahead and get long equities and come up with this narrative, that theres going to be fiscal stimulus regardless of what happens. Tom wha
A plan to tackle lebanons financial woes but will it be enough to pull the country out of its economic spiral. And a growing problem in india were locked down restrictions that disrupted supply chains and left many farmers struggling to survive. Below thank you for joining us as the coronavirus pandemic continues to batter economies around the world another 3800000 people have filed for unemployment in the u. S. This past week this means an unprecedented 30000000 americans have now sort of Employment Benefits in just 6 weeks and the numbers are still rising the jobless rate hovered around 3. 5 percent between december and february but in march it jumped to a 2 and a half year high to 4. 4 percent equating to more than 7000000. 00 people as state governments now try to kick start the economy there relaxing containment restrictions more than half of u. S. States including florida will partially reopen by the end of the week as the Johns Hopkins the board shows at least 1000000 people in
Stashed in rented trucks outside a funeral home passed at the peak the u. K. Prime minister is optimistic as virus deaths. And after months of protests are planned to tackle lebanons financial woes but will it be enough to pull the country out of its economic spot. The u. N. Secretary general as head out of what hes called a lack of leadership globally during the chrono virus pandemic and tony good terrorist says the International Community is the vida and isnt doing enough to help developing countries most at risk from the outbreak are diplomatic editor james space has more now from the United Nations in new york. Speaking to reporters by video link the frustration of the u. N. Secretary general is clear its well over a month since he demanded a global cease fire but the fact the u. N. Security council has been unable to pass a resolution that was the result of what he called a dysfunctional relationship between the major palace and that makes it difficult for the Security Council to
Prime minister Boris Johnson back at work after recovering from cope with 19 promises to set a lockdown exit plan next week. And with the economy in freefall and unrest growing lebanons leader says hell seek a rescue deal from the i. M. F. Ok lets get going beginning with the impact of the coronavirus on the worlds biggest economy almost another 4000000 people in the u. S. Applied for unemployment support last week meaning more than 30000000 have made claims since march the Unemployment Rate hovered around 3 and a half percent between december and february but in march it jumped to 4. 4 percent some economists believe it could be as high as 20 percent and the figure for april is released next week hoping to begin clawing back some financial ground more than 2 dozen states and moving ahead with plans to relax restrictions on business and social life. I think were going to have a really good year we want to be where we were and i think we can actually surpass where we were and we were th
Deaths from the virus slow the Prime Minister warns its still too soon to ease lock down measures and after months of protests a plan to tackle lebanons financial woes but will it be enough to pull the country out of its economic spiral. As the coronavirus pandemic continues to batter economies around the world another 3800000 people are filed for unemployment in the u. S. This past week this means an unprecedented 30000000 americans have now sought on Employment Benefits in just 6 weeks and the numbers are still rising the jobless rate hovered around 3. 5 percent between the summer and february but in march it jumped to a 2 and a half year high to 4. 4 percent equating to more than 7000000. 00 people as state governments now try to kick start the economy their relaxing containment restrictions more than half of u. S. States including florida will partially reopen by the end of the week. As the Johns Hopkins that board shows at least 1000000 people in the u. S. Have contracted the viru