Unemployment and he did not talk about a payroll tax cut. We know many top gop senators are not big fans but lindsey graham, a republican close to the president said he had dinner with the president last night where they discussed the tax cut and that he will be fully supporting it. He did not make those top line priorities that mcconnell laid out this morning is it fair at this early stage to argue that for mcconnell the red line is liabilities protections . That is right, i should have mentioned that as well, carl he said that is essential that businesses and schools can open up safely and any gains that the economy sees is not eaten up by trial lawyers putting ft. Worth frivolous lawsuits that remains critical to republicans as well even as they start those conversations. Both among themselves and with democrats about what should be in the next round. Thank you our next guest has been busy in the last couple days not the least of which was his call on amazon the lead internet analys
Surged as lead by amazon well have more on that in a minute jim cramer said it feels insane. Im wrong to say that at the moment u. S. Equity futures at this hour show you how it stands. Well have another day in the green. Dow up 230 points. S p 500 up we should show you treasury yields now at. 0617. All i do is think about my 10year mortgage i dont have a 10year you have a 30year, which you regret i wish i had a fiveyear arm. You could still have a fiveyear arm. You are giving it to the man you are. Giving it to the suits. We are seeing a bit for bonds and equity even higher a reach for safety even though we have a risk on. The eu has reached a breakthrough deal agreeing to 857 billion Recovery Fund it will raise money by selling bonds collectively disbursed to the maybe countries hit the hardest that do not have to be repaid many countries including germany had long opposed also agreed to eu budget of 1 trillion beginning next year brining the total spending agreement upwards of 2 tri
750 billion Euro Recovery Fund executive Vice President tells cnbc Urgent Health is needed no country is left behind in this proposal. What is left behind is the ability to this crisis due to the higher debt levels lufthansa trades higher despite doubts over its bailout amid disputes with brussels. Easy jet sees green amid the plan to cut up to 30 of its work force shares of the skand avian airline says it needs more funding to fly with 95 of its fleet still grounded this has caused government to close their borders and make it impokt to conduct business its also needed that governments step in to try to help to restore this industry. A warm welcome to street signs. Lets get right into our top story of the morning chinas Top Legislature has formally passed security laws for hong kong. Outlooking treason, success, subversion in the territory. Ple pl members passed bill with 278 votes with one vote against. Secretary of state mike pompeo declared hong kong is no longer autonomous from ch
And a sign of winning the battle against the virus South Koreans cast their ballots in an early voters ahead of next weeks general election. Paul the wild is now nearing 100000 deaths from the coronavirus the us saw its deadliest day on thursday and in new york mass burials are taking place as morgues run out of space Christensen Amy reports that theyre all signs of improvement for with a drop in hospital admissions 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 weve lost over 7000 lives through this crisis. That is so shocking and painful and breathtaking. I cant i dont even have the words for as the daily death toll continues to reach new heights and the stat
A phase of panic because there is this dangerous in this is a bill virus which is wrecking havoc and there is there is panic and there is concern but that should actually lead into asking questions on what to do to strings in. Our system and to improve. Or to use the vulnerabilities that we have so there is which is coming to our Health Professionals is because of we can assist them the reason why we are not detecting or preventing the outbreak easily or quickly is because of we call a system because of serious but not ability and i dont think that is from what we have seen now nor country is immune. Nor country can claim that it has a strong public old system what a strong system so we have to really be honest and our service and address this problem to provide Better Services start people but at the same time to protect the Health Professionals to. Thank you very much. Next question comes from brazil or an appeal to ms been to can you hear us. Oh yes. Yes please go ahead and get your