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France goes on nationwide lockdown following an example set by spain and italy. Thousands of police are on the street. President macron is telling people to stay home or face heavy fines. In washington, d. C. , the Trump Administration wants it hundred 50 billio in emergency spending to boost the economy and reassure stock market spooked by a collapse and Economic Activity to the summers football european chairmanship postponed. The popular tournament will be held in 2021. Brent im brent goff. To our viewers on pbs in the United States and around the world, welcome. The European Union has declared a 30day ban on people trying to enter the eu in an effort to stop the spread of the coronavirus. That is according to german chanancelloror angela merkel, wo spoke ....
Postponed announces the popular tournament will be held in june 2021. Im told me a lot of ball welcome to the program we begin with the coronavirus more borders are being closed the European Union has started a 30 day ban on nani use citizens entering europe german chancellor Angela Merkel made the announcement after a series of Video Conferences with other european leaders she said europe would do whats necessary to protect the Publics Health and the economy. 1st of august we are on the 1st thing we agreed on was the commissions proposal regarding travel. Restrictions will be placed on travel into the European Union from states that are not members of the Eur ....
Mocked my citys gains for centuries to company my country to find i was until the day i mean weve done. Nothing done to please distance april and. The us president wants to send a check to every american and hes got support to look at the proposed 850000000000. 00 stimulus package in the u. S. And help other nations are scrambling to keep individuals and businesses afloat amid the pandemic. Also on the show auto giants dimer a volkswagen and ford are shuttering most of their european production over the crowed of harvest. And as equal pay day comes around again. We look at how as tony a is trying to end the gender pay gap by training young girls in i. T. This is your Business Report im Stephen Beard is in berlin and its good to have you with us the Airline Industry could collapse without significant help from the world ....
The governor of california recommends the elderly should take shelter in their homes. New york city closes its schools. Many states close bars and restaurants. Hourly workers, in dire straits. The economy is grinding to a halt and we dont know how long this massive disruption will last. All right. Heres the financial reaction. This monday morning, stock futures are limit down and when we open an even bigger drop is expected. That may mean a trading halt. Travel and leisure stocks again beaten down. Airline stocks, decimated. Last night, the fed took emergency action, cutting rates to the lowest level since 2008 and pumping 700 billion into the Financial System. Were waiting for a rescue package from congress. Were waiting to see if the administration will put money directly into the hands of affected workers, helicopter money, for example, and into desperate industries. A kind of modern bailout. So whats next . We will find out ....
You for joining us, i am david asman, joining me today, susan lee, jonathan hoenig, gary kaltbaum, zachary. And lets go to Hillary Vaughn at white house. Reporter White House Coronavirus task force calling on help of millennials to log on social media help spread message of social distancing, urging them to not participate in gathers over 10 people to get take out, not eating out and limit Shopping Trips and avoid unnecessary travel, part of new Community Guidelines hey issued they issued this afternoon. You would have heard the president explaining the guidelines, also dr. Fauci said that reason why they issue is 10 people are less guideline is not to over reacted but get ahead of outbreak, in place for next 15 days, task force will reevaluate them, ....