The president cant do that. On top of that you have a null gdp report that everyone envisioned. Claims are stubbornly high. That is weighing on investors right now. Spiking case, worldwide whackamole, no sooner control in one country than pops up in another. Germany, the posterchild how you handle a virus is reporting spikes in cases as well. Doesnt seem to be matter if youre welldisciplined on this, it is still a major concern. Right now cases are popping up and deaths increasing at the rate of one every minute across the globe. So well be following all of that. Also following a lot of developments on capitol hill. True to our name, coast to coast. Were watching in washington, d. C. , scramblings and moving as fast as we can getting a stimulus going, as far as dollar amounts. Republican plan. A trillion dollars, still generous but not as generous as the democrats 3 trillion out of the house. Well monitor. That well monitor what is going on in portland and also what happened in Cape Ca
600 billion euros and extending it out until at least june, 2021. Speaking at a virtual news the president weighed in on the balance of risks and where they are right now. The extent of the recovery will depend crucially on the duration and the effectiveness of the containment measures. The success of policies to mitigate the adverse impact on incomes and employment, and the extent to which supply diversity and domestic demand are permanently affected. Council the governing sees the balance of risks around the baseline projection through the downside. To the downside. What weve also seen moving to , a big move in the italian twoyear. We still seen the euro oscillating around, spiking higher than fading back. Tortoise and of munich. Andrew, thanks very much indeed for being with us today. A huge move at the front end of the italian yield curve. More to come, do you think . Move,ve seen a big todays move takes us back to where we were in midmarch, so almost recovering the whole covid blo
Recognized the importance of the Airline Business and our retaining Critical Service and keeping our team employed. Its extremely important and great news. Doug, you already said you plan to apply for a loan from the Treasury Department in the over 25 billion bucket thats been set aside for the Airline Industry beyond that, do you expect to have to borrow more in the months ahead from the private market in order to continue to fund the operations the way you want to have them funded thats unclear, phil. It depends so much on how demand recovers, when demand recovers and how quickly. What i know is this, we as an industry asked the federal government for 50 billion of assistance, thats what we got, 50 billion of the assistance. Thats what we believe we need to assure we can ride through this clearly you can go to more dire circumstances than where it stays like this for an extended period of time, but from our own projections it stays like this through the second quarter, a gradual reco
Thinks young people could learn from activists of the past. Its friday, december 13th, 2019. Heres todays eye opener, your world in 90 seconds. The committee is in recession. He chose not to consult on a schedule issue of this magnitude . An abrupt ending to a marathon impeachment debate. After hours of arguing about the articles against President Trump, the house judiciary chairman delaying the vote until this morning. Its about us. Its about our constitution. Its about our expectation of what a president of the United States should do. The results of a National Election in britain are in. Boris johnson and his conservatives have scored an overwhelming win. We did it we did it we pulled it off, didnt we new Zealand Military specialists recover bodies from the wild island volcano. Others are still missing. We felt an enormous duty to make sure we brought the family members back. A new report sees more vaping deaths across the United States. According to the cdc, there have now been 52
Plus, there are fewer than 50 days until christmas and wall street is concerned about a retail apocalypse. We have the details about that, and later, its been choppy waters for Royal Caribbean the stock is cruising higher the ce will be here for an exclusive interview. Power lunch starts right now welcome toll power lunch. Im melissa lee. The major averages are recovering somewhat after falling in the red on reports of a delayed trade deal we have the dow and the s p 500 marginally higher right now. The nasdaq is down by a third of a the russell taking it the hardest. Lets get over to bob pisani for more theres been reports theres no clear deal yet over the terms of a phase one deal with china, or even whether president xi is going to come to the table on the deal industrials, theres your classic one, caterpillar, 3m, united technologies, theyre all down a bit today some of the semiconductors like micron also a little weaker as you mentioned, coming off their lows we had a buildup in c