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Small and mediumsized comompans affected by the antivirus measures. They condition receive up to 2 million yen, or about 19,000 if their monthly revenue has dropped more than 50 compared to last year. About half a million companies, Business Owners and freelancers had applied for the subsidy as of thursday. Around 23,000 of them received the money on friday. Translator i really appreciate it because this gives me some time to think about what to do nenext. But im a afraid the money won last long. If the Current Situation continues, i hope i can get more financial help. The government is also providing all residents with cash handouts of about 940. The whole country is under a state of emergency until the end of may. But government officials plan to hear from experts every week as they consider when to lift that measure in each prefecture. Translator we are particularly focused on how the number of new cases has decreased over the last two weeks. In other words, the weekly trends. Some
As yet another central bank initiates an emergency rate cut in the face of a Global Economic slow down. Its wednesday, march 11, 2020 and Worldwide Exchange beginning right now. Good morning and welcome im Courtney Reagan in this morning for Brian Sullivan with me this hour aaron gibbs. Were going to kick off this morning with a wednesday whips off for wall street. Stock futures look to erase the majority of yesterdays gains. Right now we are indicated for a lower in the Dow Jones Industrial average, futures pointing to lower open of 482 points, s p500 down by 58 and nasdaq off by 161. Lets check out the action in the bond market. This of course has been something that weve really been watching before we go there, were going to watch the dow futures for you again, down 1. 4 in the early going. In the bond market, the yield on the ten year is above 0. 7 , 0. 741 look at the 30 year, above 1, but still 1. 2 those are levels we havent seen in so, so long all of this comes after the dow sa
Supporters later today where hes expected to praise the economy and two major trade victories this week, we are live at the white house with the latest. Plus on capitol hill, democrats preparing to make their case for impeachment next week, but will it put the peoples business in jeopardy . And disney is cracking down, you better grab your black market baby yoda while you still can. Connell sounds like a threat. Melissa i know. Connell Edward Lawrence live at the white house saying the president left leaving edwards and the others behind. Yes, thanks, as melissa alluded to, the white house focused on getting the message out about the economy, white house economic adviser larry kudlow today saying reelect the president and you will get tax cuts, more deregulation and trade agreements, more of them. Listen to what he has to say. This is a middleclass, bluecollartype boom, what you want to do, and this would affect the stock market negatively, you dont want to change this. You dont want t