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And Andrew Ross Sorkin well start with the markets this morning as the nasdaq logged another record high nasdaq now on an eightday win streak the longest since december last year watching u. S. Equity futures today. There is a pull back the dow is indicated down 265 appointments s p off by 28 and nasdaq down by 50 the nasdaq has seen its best quarter since 1999 and the dow the best since 1987. Check out the s p, for this quarter, s p is up for its best returns it has seen since 1975 looking at the treasury yields this morning youll see the 10year note yielding 0. 7005. That is kind of our comfort zone pretty comfortable if you need to borrow money for sure. The u. S. Is weighing some new tariffs on experts in this case from france, germany, spain and uk related to the 15year old wto fight over aircraft subsidies. Saying the eu is guilty of unfair subsidies to airbus the u. S. Has been accused of unfair subsidies to boeing, neg ....
Very well welcome to you its monday the 25th of may and this is r. T. International live from moscow now our top story this hour as france starts to lift its quarantine churches and mosques have opened their doors to worshippers for the 1st time in 2 months and with the weather getting warmer people across france have flocked to parks to enjoy the sun well this week is expected to be critical in determining whether now really is the right time to be lifting the lockdown well as const live now to charlotte da vinci in paris for is that saw the good to see you hows life changed in france since the measures were east. Well restrictions have been easing in france now for the last 2 weeks in this week is considered to be a critical week because it is 14 days since the easing of those lockdown restrictions started and there is a sense of whether well find out whether that is working the north if theres an increase in. Cases of 19 cases or a lot for the moment generally hospital admissions ha ....
A 1000000 euros in social Welfare Benefits sparking outrage across the country. A very warm welcome to you its monday the 25th of may and this is r. T. International live from moscow our top story this hour the u. K. Has registered its lowest daily kovac 19 deaths increase since march with Prime MinisterBoris Johnson saying its now time to start further easing the countrys lockdown i can confirm that i do believe we will be in a position to move to step 2. As part of step 2 we set up plans for a phased reopening of schools where last week the government allowed people across england to go out and visit friends and relatives the move was criticized by some as primitive or anger is also mounting because there is a lack of help for families whove lost loved ones to the pandemic we heard from a woman whose father succumbed ....
Percent now this is a downgrade of 6. 3 Percentage Points from general 2020 Major Division over a very short period of time. This makes the Great Lockdown last recession since the Great Depression and far worse than the Global Financial crises the i. M. F. Chief economist said there will be a partial recovery in 2021 adding the overall g. D. P. Will remain below previous levels the comments come weeks after u. N. Secretary general and tony terras made similar comments saying the pandemic will bring a recession that has no parallel in recent years and that it is the worst crisis since the 2nd world war meanwhile the w t o said last week global trade will fall by between 13 and 32 percent this year alone n ....
To understand why people are anxious to see how concerned they should be. And what is changing and what is different this time. And what can we do to ensure that the coming era of change leaves not just a productivity growth but some degree of shared prosperity. Our focus is on the labor market and how we make the labor market function while for as many workers if possible. Also the challenge and the lesson if you read a report which was just released last week. One of the things that we say is a critical economic lesson of the 20th century. Is that a wellfunctioning labor market is the foundation for a healthy middleclass and without that foundation of opportunity and prosperity its very difficult for other things to work well. It also makes work work and that is why its such an honor to have mary kay mary gray here today talking about her book ghost work just to give you a tiny bit of background she is a call drill cultural anthropologist. Her earlier work has been on the communicati ....