Have a map that shows you where the rise in cases are compared to the week prior and you can see by the color coding that actually california has slightly improved. Somewhat since the last time this map was published were seeing only just a steady rise in cases as it as opposed to that end a 50 jump like weve seen in weeks past across the country. We have now more than a 142,000 recorded deaths with more than 3. 9 million infections. In the wake of the rising numbers and the dropping poll numbers for the president he appears to be changing his tune on coronavirus he had a briefing his first briefing with the coronavirus said debt just resume, you know yesterday and he urged everybody to wear masks. And even went as far as admitting that things will likely get worse the president says before they get better. And now the cdc is reporting the number of infected americans could be. 2 to 24 times greater than the actual reported case numbers. Think about 40 of these infections. Are without
Fired for not properly performing their duties during this outbreak. And for all of this were joined by boom bust cohost christiane who is joining us once again from Los Angeles Christy thank you so much for joining us today. Christy after record highs on wednesday the 3 major benchmarks here in the u. S. The dow the s. And p. And the nasdaq all took early losses before kind of stabilizing in the afternoon and just taking you know fractions of a percent off but at this point do american markets actually have any idea how to react to what is going on with the quote a virus. Well at this point i think you just pointed out the markets really dont know how to react because dont forget today midday we did hit all the new 52 week highs again in the s. N. P. 500 so at this point the bank of markets equity markets know that no matter what happens the central bank is going to be ready to bail it out so the good the bad news is good news narrative is still very much intact so in times like these
Earlier this week we actually had an opportunity to speak with one. Out of beijing and he spoke about what is being done to make sure this doesnt have a lasting impact. In fact im just c. P. B. O. C. Chinas central bank injecting one trillion yuan or 170. 00 around 170000000000. 00 u. S. Dollars into the market to boost the could be making lending easier and if sars is of any indication remember when sars was rampant in china in 2003 the chinese economy went from 11 percent in the 1st quarter. To 9 percent in the 2nd quarter but when the epidemic was contained the growth rate bounced back to 10 percent and that grades continued for the subsequent weeks quaters and years kristie what do you actually make of this analysis from. I think what he says is absolutely correct that if once this entire virus is contained china actually rebound in a very strong way because lets lets face it there is no other nation in the world who is as good as mobilized nation in terms of getting the personnel
Much to get to on this very busy day so lets get started. And we begin with a huge new surge of over 15000 new coronavirus cases reported on just wednesday alone and that news was enough for chinas leadership to oust 2 communist Party Leaders in the who by province in the center of the outbreak the news of those new infections means that indications that the virus was beginning to taper off thats what so many had hoped for is simply not accurate and when it comes to markets they reacted markets down today thanks to concerns that the worst is actually not behind us after all and that Chinas Health commission has reported more than 1300 deaths and now more than 60000 infections aside from the 2 Party Officials who have been ousted in china hundreds of other officials have been paralyzed and dozens were fired for not properly performing their duties during this outbreak. And for more on all of this were joined by boom bust cohosts christiane who is joining us once again from Los Angeles C
Fronts money for first celebrations are being held across morocco to mocKing Muhammad the six twentieth year on the throne. Towns and cities have been decked out the flags and newspapers have published editorials praising the monarchs cheap mints. But theres also been descent with some pointing to inequality in the high rate of youth unemployment. Newman lloyd reports. It was twenty years ago that King Muhammad the sixth of morocco came to the throne. After the death of his father house and the second. He spent his childhood being prepareded for the role. His coronation the thirty five year old promise to come to poverty unemployment and social inequality. There were high hopes for a reformist king after the brutal regime of his father. Two decades on what progress has there b been. Economic g growth has been steay the country has seen Major Construction projects like the Worlds Largest concentrated solar power plant on the edge of the sahara desert. And africas first if a high speed r