Governor cuomo the budget director. Back of the room my daughter who is doing a great job. Lets talk to you about whats oing on today. First what i try to communicate in these briefings is are the facts of the situation. And facts can be uplifting, they can be depressing at times, they can be confusing at times, but i think facts are empowering. In a situation like this, not knowing the facts is worse because thats when you feel out of control or when you feel that you are getting collective facts or you are being deceived by the information you are getting. That is actually the worst situation. I say to my people in every situation, just give me the facts first. And then let me understand what the situation and reality is. And then well go from there. Thats what i tried to do. The facts on this situation are increasingly important on two levels. Public health, but also the economic facts. We have been focusing on the Public Health facts. And the response of the Public Health system to
Shutdown of schools during the Global Pandemic. Around the world continues to be called off all played behind closed doors. Much of brazils medical famous for holding nearly 200000 fans in a world cup final. Now the restrictions are getting tougher across the world as countries try to stop the coronavirus pandemic iran has announced 113 people died in just the past 24 hours confirmed cases well thats nearing 14000 tiran says its fighters being severely hampered by u. S. Sanctions in the philippines the capital manila is sealed off 12000000 people have been told that they cant travel for a month schools. Closed in large events are banned australia has joined the countries ordering travelers into self quarantine as of midnight sunday those going to the country have to isolate themselves for 14 days austria has banned gatherings while france will also restrict Long Distance travel but has gone ahead with local elections Natasha Butler is across the french elections for us out of paris pau
And sent to the president s desk for approval. He sport to spoke to reporters for about 20 minutes. Mccarthy i just joined the speaker, and i want to join with him in join with you and wishing her a happy birthday today. Sacrifices andng lifting each other up. This is who we are as a nation. There are countless stories of kindness. We see cities throughout our proudities that make us of who we are as americans. In this battle, we are all neighbors, and that is an unbreakable bond that will get us through this. Then you have our real heroes every single day who we are watching. We cannot thank the medical professionals enough, putting themselves on the front line to care for all of us. Truckstal workers, our drivers, and our supermarket workers who are there for us, along with the warehouse operators and the drivers working in the gig economy keeping Small Businesses afloat. They are on the front lines, pushing through this challenge, and we could not be more grateful for all their sacr
A surprise appointment at the head of ubs. The ceo of ing to take over from Sergio Ermotti. He is known for the Digital Transformation at ing and a eran of the dutch banking banking a comparison to whats been happening here, hamers is a relative outsider to the rarefied world of swiss management. He has climbed the ranks. He was the head of the dutch and belgium banking units. He has been ceo since 2013. What he is known for is leading the Digital Banking push in an effort to win customers and he is also known for cost cutting, and thats what he has been doing, bringing ing back to profitability by reducing costs. Sergio ermotti recently cut the banks financial targets for the second time in as many years. We were reporting that the search for a successor was starting on friday. That news came through. The International Wealth management cohead was widely seen as an eventual contender for the top rule. His run in with his former boss, Tidjane Thiam, apparently dimmed his standings with
Ready to go. Halftime report starts right now. Welcome. Good to have you with us on this monday our Investment Committee at the table today. Lets begin, where else, the markets. All three of the major averages are higher dow would be Even Stronger if not for the boeing drag. But with several major obstacles out of the way, is a melt up now in the cards thats how i look at this, josh. You go down the list and say, all right. You have this trade. Tens tensions are eased for the moment uk elections in the rear view and the fear of maybe missing out and performance chase over two weeks. Yeah. All is good in the market world. This is one of the interesting moments. They dont happen all the time where it almost doesnt matter what you own you could own value and growth and making money in either one theyre still below the old 18 highs but theyre on their way the banks have just broken above the 07 highs. All the mega cap banks look incredible tech is up 48 year to date and now you have europe