Stay updated with breaking news from Groups health. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Gov. Lee we want to work with the remaining six counties to make sure those largest metro areas develop their own unique reopening strategy. That will be complimentry to the work that were doing. Covid19 is an unprecedented and a rapidly evolving threat that faces not only tennessee but the entire world. The health and safety of tennesseeans remains our number ne priority. Much of our states current success in this fight is because tennesseeans naturally choose to put each other first and voluntarily adapt safe practices. It is that volunteer spirit that has been fighting this pandemic and it is that same volunteer spirit that will help us rebuild our economy. I passed the unified command group and tennessees Economic Recovery Group with input from Health Experts, state and local partners and business and Industry ....
Stocks will surge when this is over. Now look at this. An overnight tweet from the president. Quote, the United States will be powerfully supporting those Industries Like airlines and others that are particularly affected by the chinese virus. Big bucks coming. The president is clearly on board with the rescue plans that deliver trillions of dollars to industries and individuals. Who gets help and how its delivered, thats going to be hotly debated but there is a new sense of urgency to push that money out there. Here are the latest virus developments. Todays primary in ohio has been canceled by order of the governor. Primaries in florida, arizona and illinois will go ahead but the results are likely to be skewed by what may be a low turnout. Mcdonalds will close its dining rooms. Takeout and drivethrough okay, but no eating in. Chickfila, starbucks, they are encouraging takeo ....
Before we make a decision we could either ask the Member States perhaps to transfer money faster. And still keep the repayment situation as it is we have to ensure that in an emergency situation the things that weve always wanted because we like to have them become par for the course we have to respond to desperate times with Desperate Measures we will do what is necessary we have said this all along. But we also wont be doing things that will become business as usual because weve always wanted in this way but there wont be any problem to ensure that the Investment Program be realized as put forward by the European Commission and germany will do its bit. So weve talked about an emergency welcome back youve been watching a press conference there with the ....
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 ....