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Edward lawrence in washington. Ashley webster waits on the disney numbers we talked about. While we wait for that, edward, well start with you on the economy and the new comment today from the fed chairman. Reporter connell, Federal Reserve chairman Jerome Powell says the economic path forward will be a challenging one and includes more help from congress. Powell on a panel with European Central bankers says that Monetary Policy needs to work with fiscal policy because the size of the economic shock with the coronavirus. Ultimately it was a job to replace lost income. I would say that our congress stepped in and there hasnt been a faster or stronger response from congress to an economic emergency since really the great depression. Reporter he is talking about the ....
To. Make up your mind to the good. For minds. Germany braces for fresh lockdown restrictions for the month of november the countrys finance ministry plans to spend up to 10000000000 euros in 4 weeks to help affected business is. Mounting waste may be an unwanted byproduct of technological innovation but innovation can help put those those piles from getting even bigger to really take you to nairobi. Also on the show called the belgian conference para may need to be a huge market as negotiations over a trade deal between britain and the e. U. Are in the well less than fruitful. This is the w. Business im joined on in brylin thank you very much for watching germany is preparing for a socalled law down lights starting monday next week bars and restaurants will have to close that means a fresh coronavirus aid will be needed to prop up affected businesses thats still being discussed in germanys cabinet but the plans would cost 7. 00 to 10000000000. 00 euros over a 4 week period but that sti ....
We have full coverage. Were down almost a percent right now and the small cap is down by 1. 6 take a look at the stock netflix down 4 . Well have much more on these moves later this hour. Kelly. Lets begin this hour at the United Nations where President Trump talked tough on china seemed to turn markets and the headlines about impeachment sending us lower e eamon has the details. Reporter the president taking a tough line on china today suggesting that theyre guilty of intellectual property theft and putting that in the context of a deglobalization of the overall World Economy saying leaders for too long have participated in globalization that hurts their own citizens. The president has been ticking the opportunity throughout the day to defend himself on this burgeoning ukraine scandal even as democrats are talking up th ....
Twitter. Com cspanwj, on cspan, its facebook. Com cspan. You can start calling in now. The United States is currently the largest foreign aid donor in the world, accounting for some 25 of worldwide Assistance Spending in 2017, but President Trump wants to cut back. Heres the president from sunday. President trump i support many of those that were negotiated out but ive cut back a lot on countries we give billions of dollars to countries that dont even like us and ive been cutting back a lot. We get billions and billions of dollars to countries that dont like us, dont like us even a little bit and ive been cutting that and weve jut put a package of about 4 billion additional dollars in. And in some case, i could see it both ways. In some case, these are countries that we should not be giving to. Reporter how do you s ....