Country. It is going to be a tremendous feeling up optimism. I think the Third Quarter is transitional. We are transitioning into, but it is a transitional period. I think it is going to do good. I think the Fourth Quarter is going to be fantastic. I think next year, all of the fruits of what we have done together between the doctors and Business People and yourself, thank you very much, you are a doctor, all the work from the task force, the people that have worked so hard, we will have a tremendous year year. You will start to see that in the Fourth Quarter, maybe even in pieces of the Third Quarter. That is very transitional. Is there a day of reckoning coming back out vonnie no, pres. Trump no, it is about growth. We could have done it the other way, you spend you dont spend anything and you are flat for years. We have to throw money at it. But we drove money of at the people that lost money unfairly. You saw people yesterday at the white house, they were down and out and became al
Seeing this as a sign that they do see sort of a light on the horizon here. With all the states beginning reopening, expanding the reopening, it will continue to be good for the economy, even in a staggered fashion. There is that. Were following markets across the board. Even issues with disappointing numbers and earnings, most seem to have factored that in. So well get detail by detail, casebycase, sector by sector. This is a remarkable comeback here. A lot of this buoyed by this news out of Gilead Sciences that its drug just might be the panacea some hoped it would be for treatment of the coronavirus. Way too early to tell that here but certainly a different reaction as that stock soars close to 6 on the day. Blake burman, monitoring developments at the white house right now including the president having a sitdown with the louisiana governor. Also meeting with more ceos and those in the agriculture, meat industry. The president you might recall has said that the Meat Processing plan
June so you can see how little room we have to work with it. Also coming up tonight a special report from war torn yemen where soldiers and civilians now fear a fever just as much as they fear their phone. Officially theres only one case of covert 19 and in reality there may be many more thats bad news for this troubled country. And to our viewers on p. B. S. In the United States and all around the world welcome we begin the day with a meeting of g 7 leaders and the very different accounts of what was said today the u. S. Hosted the Video Conference of leaders from the g. 7 group of industrialized nations later in a statement the white house announced that the g 7 is calling for a review and reform of the World Health Organization and here is part of that statement g 7 nations contribute more than a 1000000000. 00 annually to the World Health Organization much of the conversation centered on a lack of transparency and chronic mismanagement of the pandemic by the w. H. O. The statement
Formally this week from bill bryant, the science and Technology Director at the department of Homeland Security. He will outline as the president said encouraging news about the impact that heat and sunlight have on the coronavirus which will increase the confidence that we feel about the coming summer. On the subject of testing, at the present moment we have reports of 4. 93 million tests having been performed across america. And encouraging news, as states have been engaging commercial labs at a higher level across the country. Yesterday our commercial lab system did more than 100,000 tests in a single day. So were beginning to activate all of the capacity. And tomorrow at the president s direction our task force will convene a Conference Call with all of the nations governors to talk about their progress they are making on testing and were going to hear from governors about the practices that, and methods that they are employing to significantly increase testing following our briefi
The previous four week i was 2. 7 million. This comes as the federal Paycheck Protection Program runs out of money. Thats the program aimed at Small Businesses struggling during the pandemic. The Small Business Administration Says its exhausted the more than 350 billion of funding for emergency loans and will need congress to commit more money to continue lending funds. And while there is optimism rent talks of reopening, some still say its too early. New York Governor Andrew Cuomo announced today he is extending the order they are, meaning all current restrictions and closures in new york will be in effect until may 15. Here in the bay area some new requirements are being implemented. Officials in fremont issued an executive order requiring people to use these coverings in public, that includes visits to Grocery Stores and other essential businesses. Also goes for employees at those places. The executive order is expected to stay in effect for the duration of the local emergency and c