Our focus of america on Christine Lagarde yesterday, really stepping up and really confirming the independence of the European Central bank. Francine i think you are right. The markets are focusing on more focusing more on what is happening in in europe with the ecb turning more than markets expected at this economic response with extra stimulus from germany and austria today. 750es optimism this policy from europe they are focusing more on this stimulus and social unrest we saw in the u. S. The other thing i would point to is the fact that u. S. china trade relations, theres a lot going on with china stepping up 33 of then against chinese company. Companies. Rick hsbc tom hsbc and charter extending into the weekend. Here is first word news in new york. Todays jobs report is expected to show the u. S. Unemployment rate surged almost 20 last month, after reaching the highest level since the Great Depression in april. The may report is likely to show the jobs slump has extended into whit
Tom i would really suggest oil is important, but complete we secondary to the implosion that we saw yesterday and american jobs data. And the french data not much better. Right now, for global wall street, it is about calibrating the slow down and the nonrecovery out in the third quarter. And also, its the follow on from the rents that werent paid. There were massive upsets this morning. Francine i dont disagree. But oil can make things worse. Lets get straight to uber first word news in new york city with viviana hurtado. Viviana we do begin with oil. Opec putting together a Virtual Meeting of its members as President Donald Trump calls for a court need cut to end the historic crash in crude prices. Two delegates telling bloomberg the meeting will be held on monday. Saudi arabia insists it will only cut if others do. This includes the u. S. Of thetoric streak economy adding jobs for one under 13 months is probably ending as tom was mentioning. The march jobs report coming out at 8 30
Remember her name, mrs. Soandso from the philippines. He said, she is the Richest Woman in the world. I thought the queen of england was the Richest Woman in the world. But who knew. He turned to her and said mrs. Soandso, this is james stewart. Hes the most famous journalist in america. [laughter] at which point i knew she was not the Richest Woman in the world. [laughter] he can be charming and funny in a mean way. But at the same time, i remember that interview i was on my way to washington to do more reporting and i mentioned i had to leave to catch the plane. He said, right on my trump shuttle i will give you a free voucher. I said no, mr. Trump, i couldnt possibly do that. He said at least let my chauffeur drive you to the airport. I said no, a taxi is fine. We are all the same traffic. For weeks and months after that he was always trying to give me something. Tickets to this, going to the a a helicopter flight to atlantic city, i had no interest in going to atlantic city. So i s
european stocks gaining. the markets a lot cooler about the coronavirus. importe focusing on this seen by china for u.s. products. 1.67.s. 10-year yield we will have more throughout the show. that s get to the bloomberg first word news. in the: we begin here u.s., president donald trump has been acquitted and is impeachment trial in his impeachment trial. mitt romney was the only republican to break ranks. he cleared the president of the obstruction charge but voted to find trump guilty of abusing power. than 560. more than 28,000 people are infected. some figures grappling with the largest ever lockdown. hong kong now says it will quarantine all arrivals from mainland china. talks between asked experts that is as and russia remain split over the threat of ages coronavirus. over asia s coronavirus. while russia is willing to resend the current cut it doesn t want additional measures. the uk s economic growth targets are being called into question. national institute o
Life and times. This is just over an hour. Im john eleff, president of the Lincoln Group of the District Of Columbia. The Lincoln Group has existed since the 1930s to honor the life and legacy of Abraham Lincoln. And this year we have a special opportunity to hear from an extraordinary speaker. And in introducing him i would like to repeat something that he said at the First National Republican Convention that he attended as a young man in 1884. He was part of a reform wing of the Republican Party, and they had an insurgent candidate to be temporary chair of the convention, taking on the candidacy of the Republican National committee. That candidate happened to be the africanamerican congressmen from mississippi, john r. Lynch, and here is somewhere of what our speaker said. It is now less than a quarter of a century this this great city organized it is a fitting thing for us to choose to preside over this convention. One of that race whose right to sit within these walls is due to the