Were also fully committed to continuing to expand the supply of this medicine we started investing in this back in january as soon as we became aware of the chrono virus this is a long time to manufacture it used to be 12 months its now 6 months our scientists have brought that down and so as we get into the 2nd half of this year were able to have many more supplies available to patients and were fully committed to working mr president with you here ministration to make sure that patients and you can get this important new medicine mike hanna has more now from washington. It has been given an emergency use flagged by the f. D. A. Which means that it can be used under very tightly controlled conditions which will be part of the ongoing survey into the thick a c. Of the drug now within the u. S. The f. D. A. Some urgency rissa lucian was given on the basis of a single trial in which patients were shown to recover 4 days quicker from the corona virus than those who were given a placebo wi
And the pandemic could double the number of people going hungry around the world. And finding ways to stay in business how small shopkeepers in iraq is survival in the coronavirus restrictions. Now with the pandemic throwing world all markets into turmoil donald trump says his government will bail out the u. S. Industry the president told his energy and treasury secretaries to formulate a plan to make Funds Available to ensure the survival of american oil and Gas Companies well that follows an unprecedented collapse in u. S. Prices because of a plot in supply the u. S. Futures market dive deep into negative territory for the 1st time ever on monday the lowest the price of the benchmark u. S. W. T. R. Blend sank to minus 37. 00 a barrel the International Benchmark brant crude is trading at around 20. 00 a barrel but thats still its lowest price since september 11th attacks in 2001 we have gay. Real amazon though on wall street tracking the fallout of the us oil crash but 1st our White H
Notably russia, and surely it puts a crimp on the future of electric cars. Look at it this way. Why buy electric when a gallon of gas on average now costs 1. 81 and likely to fall much lower. In wisconsin, the average is all the way down to 1. 22. There are some places where its below 1. We will bring them to you. Its a big negative for the stock market. The dow industrials are going to open down 500 points. Thats roughly 2 . The s p down 1 . The nasdaq down 1. 93 . The oil crash really hurts stocks as well. Every energy stock is down. The airlines and the Car Companies, they cant cash in on cheap jet fuel and gas because people arent flying and theyre not driving. Where is the additional help for Small Business now that the first rescue package has run out of money . As of right now, it has not come through. Treasury secretary mnuchin negotiating with democrats over the weekend. Its supposed to be a better than 300 billion plan but its not here yet. Perhaps thats another reason for th
Recognized government as its attacked board 25. 00 after its forces after rejecting its call for a cease fire. And Jerusalems Al Aqsa mosque compound islams 3rd holiest sites is closed during ramadan because of lockdown restrictions. Well an agreement among the worlds Top Oil Producers to cut their output comes into effect today friday following a collapse in global prices spurred on by a slump in demand because of the pandemic but it seems the deal may have only happened because President Donald Trump reportedly pressured saudi arabia implying the u. S. May withdraw its military support for riyadh if it didnt some advantage of it has this report. Oil and water do not mix but politics and oil bond very well there is no official transcript of the conversation between the u. S. President and the Saudi Crown Prince which resulted in saudi arabia. Latest Oil Production cut reports suggest president all trump told muhammad been sold on that u. S. Forces stationed in the kingdom could be wit
No evidence to support his claims. South africa eases some coronavirus restrictions as a tries to revive the faltering economy. So an agreement among the worlds Top Oil Producers to cut output comes into effect today friday following the collapse in global prices it was spurred by a slump in demand because of the pandemic but it seems the deal may have only happened because President Donald Trump reportedly pressured saudi arabia implying the u. S. May withdraw its military support from riyadh if it didnt go from a summer binge of a. Oil and water do not mix but politics in oil bond very well there is no official transcript of the conversation between the u. S. President and the Saudi Crown Prince which resulted in saudi arabias latest Oil Production cut reports suggest president all trump told muhammad bin sole man that u. S. Forces stationed in the kingdom could be withdrawn if saudi arabia did not stop flooding the market with cheap crude within days riyadh announced production cuts