We will take you to the basic news, and we will begin with , a call to help negate the academic Economic Impact of the coronavirus. Michael mckee joints me now with more. Theres a lot riding on the next 24 hours. Mike a rescue package for European Countries should be based on the european stability mechanism rather than joint bond issuance. And another idea is to set up another European Fund that would guarantee bank loans to Small Business. And finance ministers meet tomorrow to discuss a package and then possibly the leaders would decide on something on thursday. Thehe other of the world, japanese Prime Minister is announcing the largest similars package ever for the country. He says he will declare a state of emergency in tokyo. Is equivalent to of japan. Of the gdp the first phase would be support for households and businesses affected by the virus, shut down. The second would aim to look at trying to stimulate a vshaped recovery in japan. The plan includes cash handouts to househo
We have your time is up. This is the cbs overnight news. Yeal asic fally thank you, secretary. Mr. Vice president , please, your response. I have guts enough to say his plan does not make sense. Here is the deal. The fact of the matter is that released body camera footage in fact when people cross the border illegally it is illegal to do it unless they are seeking released body camera video asylum. People should have to get in showing officers confronting a line. That is the problem. Man who called 911 saying he was schizophrenic and needed help. For 14 minutes, officers pinned him down, facedown, and mocked and the only reason this him, as he struggled to breathe. He died at the scene. Body camera videos are particular part of the law is increasingly being used in being abused is because of courts in civil suits against Law Enforcement and first donald trump. We should defeat donald trump. Responders, including the case bgh. S practice. Jim axelrod is about to show yo flight attendant
Control over the territory, the Jodrell Bank Observatory in cheshire which has been at the forefront of Astronomical Research is declared a unesco World Heritage site. And in half an hour here on bbc news, three years after a trip to a summer camp in russias far north ended in tragedy, how the families of the children who died are still looking for answers. Good afternoon, and welcome to bbc news. Leaked emails from britains ambassador to washington have described President Trump as being inept and his presidency as uniquely dysfunctional. In the memos obtained by a sunday newspaper Sir Kim Darroch says, despite his shortcomings, President Trumps administration shouldnt be written off. The Foreign Office says the leak of diplomatic cables is mischievous. Angus crawford reports. The blu ntest of language about the most powerful man in the world and his administration, from britains top diplomat in the us, Sir Kim Darroch. Two years of his secret e mails leaked. In one, he wrote. On Dona
Away nearly everything weve learned about stocks over the past decade. I keep telling you, this time isnt any different which means you cant take your cue from the playbook that worked in more troubled times wanted to give up on stocks on companies that and never look back but you know what, these days that tendency will lead you astray including on this where the dow slipped four points and the nasdaq gained. 71 old habits are hard to break and the habit of baling on stock after disappointing news is no longer necessarily a money making strategy. In fact i will go as far and say it is a money loser. I am talking about the cut and run, the stock of bank of america. It failed speck tack collarly. And it would indeed crush you but that changed at your President Trump surprise victory. Of course donald trump, our booming economy is part of an expansion happening worldwide. This allows the Federal Reserve to raise interest rates. Well what happened this time around the stock blew through t
We have steve ratner, who is with us often. He is one of the advisors. He is about to come here by himself in front of the committee on the tactical issue. We have a lot coming up. On the tax reform issue. We have a lot coming up. Similar story for stoxx 600, down by 3 10. Removing the currency market has truly been unbelievable. 1 buildingr 1. 1 on the rally we saw yesterday. Fourar yield now back by basis point. This is your safety check. Dollaryen down 6 10 of 1 . 112, a huge move. Oil trading on its own fundamentals up 3 10 of 1 . David thank you very much. We will set the stage now. We go to our chief washington correspondent, who is across town. Lets start with the facts. It is fair to say washington was rocked yesterday with this report that supposedly President Trump encouraged fbi director to stop the investigation into flynn. What do we know . Kevin it has been such a busy morning that i have not been able to get to the capital, but and irector james comey, am having trouble