really. don't believe it's going. to take. you a city. this is the one business show you can't afford to miss in washington coming up president donald trump just laying out a roadmap to reopen the u.s. economy in the coming weeks but will the plan hold up to scrutiny we do

a deep dive on the president's forecast and what lies in store for the global economy plus as the week draws to a close we take a swing around the globe to break down the performance of international markets and later a few sectors have been a few sectors have been spared and the auto industry is no exception we bring in expert analysis to break down how the industry has landed on the brakes with a packed show today so let's go and dive right in. and we leave the program with u.s. president donald trump laying out a roadmap to reopening the economy. our approach outlines 3 phases in restoring economic life we are not opening all at once but one careful step at a time and some states will be able to open up sooner than others some states.

are not in the kind of trouble that others are in healthy americans will now be able to return to work as conditions on the ground. instead of a blanket shutdown we will pursue a focus on sheltering the highest risk individuals so important where stablish ing clear scientific metric and benchmarks on testing new case growth and hospital capacity that must be met before advancing to each phase. for his briefing thursday the us president said it will be up to individual states to tailor the approach to meet their unique set of circumstances he although he was also quick to point out contingencies will be in place if the virus were to return . if the virus returns in the fall as some scientists think it may possibly these guidelines will ensure that our country is up and running so that we

can likewise put it out quickly. as we discussed the prospects of reopening the u.s. the number of reported deaths due to cope with 19 inside of the country hit a record of 4591 in just 24 hours on thursday so let's take another look at the spread of the quote of i was 30 correspondents. so i what's going on today so globally brand we've had over $80000.00 cases just within the last 24 hours bringing the total death toll to over 150000 but the good news is or also almost half a 1000000 people have also recovered so let's start here with the u.s. where the president has unveiled a new guidelines to help states loosen some their instructions and to get the economy back but with over 600000 cases here in the u.s. the guidelines will still recommend minimizing things like non-essential travel and

indicated that the vulnerable population should remain at home and president trump is also incensed ing that it should be now up to the individual governors to make that decision in their own states when they want to begin that process and that's because not all governors have expressed a eagerness you could say to quickly reopen since some states states such as north dakota are still appeared to be experiencing an increasing cases meaning that their peaks could still be weeks away and then i want to go over to europe which has now over 1000000 cases and over 95000 deaths but specifically i want to talk about another lens that just got a huge job and has just reported or over 1200 new cases just in the last 24 hours bringing their death toll to almost 3500 then i want to move or to japan which has just declared a 2nd wide

a 2nd nationwide state of emergency and with prime minister shinzo. abbe an ounce and plans to give stimulus funds of about $930.00 to each of japan's $120000000.00 citizens and brant it also appears that indian usually is now has now the most confirmed cases in southeast asia and out in the needle reported almost 6000 cases following the country's largest jaitley jump of more than 400 new infections jest in the last 24 hours and so far restrictions there have been very moderate but on thursday in the near term indonesia's president advised that its citizens stay home during the muslim holy month of ramadan and that's pretty significant brand because a request of the most world's most populated muslim country where an estimated $20000000.00 people traveled for ramadan last year so that's asking a lot of their citizens and in that region brant only china where the virus

originated from of course has a higher death toll which then brings me to china of who just revised their official death toll by 50 percent now officials and won with a virus or 1st reported have added a little over 1200 deaths to the cities toll and officials explaining that the deaths had initially gone uncounted for because in the early stages of the pandemic some people died of the homes whereas health care workers were more for get focused on treating cases rather than reporting the depths and then i also want to talk about iran that's really struggling with the virus now the number of confirmed cases in iran have now almost 80000 almost 5000 deaths and but iran also entered a coronavirus crisis with a crippling economy there really wasn't even well equipped to battle the disease now iran is really deprived of any sort of cash to do endless rounds of u.s.

sanctions now as a result tara and it's something in march that the country. has not done ever in over half a century they actually were cress of $5000000000.00 in emergency loan from the international mine monetary fund to fight the virus but there is the issue not and even if the i.m.f. agrees to the loan there is a massive obstacle for iran to have a conference and that's to us who defines the biggest shareholder and can use it as a muscle to block that financial assistance to iran. r.t. correspondents i haven't or thank you so much for that insight board and we want to go back to this 3 tiered plan to reopen the u.s. economy so what specifically are these 3 phases well the 1st phase is looks a lot like where we are right now phase one keeps vulnerable populations as i just mentioned sheltering in place social distancing policies of no more than 10 people remain and forced to work is still encouraged and not essential travel should be minimised but elective surgeries can resume and gyms can reopen but schools and

bars will remain closed now face to live social distancing to 50 people open schools it allows not essential travel to resume and then there's phase 3 which allows the vulnerable population to return to public interactions so want to go over this or joining us now for expert analysis we bring in blue bus co-hosts ben swan and christie i thank you so much for joining us to to discuss what this actually all means kristie let's start with you how do you see this plan in terms of getting the economy actually going again. i mean it's interesting that you call that a plan that's kind of like saying hey brown what's your plan on getting some of them are saying if i 1st were going to build some spacecraft no mention of how or where you get the funding from then yes phase 2 you launch it you try to aim for mars but anything else will do no timeline of when that's going to be achieved or not and then you have phase 3 eventually will start and colonizing it great no mention of how or how much it will cost so as a lot of the analysts are summing it up this morning the our version of the us the

opening guideline is simple there really is no. plan there are no deadlines there are no guidelines or protocols to business insists on protective gear testing sanitizing checkpoints contact if any excedrin so the plan kind of offers no federal assistance and the president pretty much left it to the states to independently source and secure and pay for all of the medical quitman that they need so you see the market rallying today almost 2 percent on the hopes that there is going to be a reopening on the whole that galea delivered americal drugs on the hope that the s.b.a. and for the stimulus that are is on its way but that's all hope and we've seen this by the rumors sell the news and so that's why you had that scab down in the market of the pre-market when smart money actually exit at these trades you have this massive gap down because the market doesn't really believe in the snow plant plan because it's real news that we were going to have this reopening in the economy we would have a massively green day we would be up over the 1000 points volume will be the roof

but now you don't really see that because analysts really don't believe that's happening right now well it's interesting kristie that there is a it's a no play in play and because if they're basically saying it's up to states to decide how to reopen but here's how we would tell you to reopen but we don't really have to listen to us now ben what does this all mean for small businesses especially when this would be a state by state approach as we just mentioned yeah and i love christie's analogy of the basically plan to go to mars and you have no idea how you're going to get there because this goes even even further than being a state by state strategy it's actually a county by county strategy in a lot of cases in some cases it'll be city by city within those counties so there is absolutely no rhyme or reason to the whole thing but on top of that if you're a small business owner right now you are just you're getting screwed you know every which way it's crazy right now the s.b.a. is not coming through for you the money is not there because all the loans have dried up before tens of millions of businesses even got

a chance at them and now you're being told well don't worry there's going to be this slow roll out to get you back but we don't. oh if it's going to count in your county or in your city or in your state maybe it will and maybe it won't and so there's no clear answers especially for small business owners you know airlines may sit there and say well we've got our our billions now they're coming to us so we have time to wait this out but there's so many families right now that don't have the time to wait this out and are being told there is a plan as she said christie said but there is no plan now christie the plan is also meant to get as much of the economy go back going by may if we can but if you look at it in a reality the 2 biggest cities in this country los angeles or new york they've already extended their larger their stay at home orders until at least mid may what analysts are saying is this could test the lows that we saw in march what do you think about that about 30 seconds kristie well the market has been trying to discover a floor and we had this massive me down on the back of stimulus and the fact that the lockdowns have had an end date before so if we actually extend this lock down

and if we extend this and day and if there is actually really no plan to get the economy back on track then that entire expectation is going to fall back on the market and we're going to get me test of what we had back in back in march boom bust co-host christine benz one sorry for the short interview there but thank you guys so much for your time. markets are mostly seeing gains for the 2nd consecutive week in hopes of a possible treatment for the corona virus from u.s. drug giant the u.s. appears to be flattening the curve or at least that's what president trump is saying as he released a new set of guidelines for reopening the economy so let's see where markets ended up let's start in moscow where the mo x. is up for the week and this despite the country seeing an acceleration of new coronavirus cases earlier this week russia and saudi arabia agreed to cut oil production and are now considering more steps to boost oil prices let's move to

asian markets were stocks saw some gains on friday in shanghai it is also up for the week seeing several games throughout the week even after a new report cited china's economy is seeing its worst 1st quarter performance since $970.00 g.d.p. in the country fell 6.8 percent in the 1st quarter year over year slightly more than analysts had expected in japan the nikkei also up on the week to being hit on both monday and thursday after extending the state of emergency to the entire country but the nikkei saw some gains on friday surging 3.15 percent to close in hong kong the hang seng also up on the week after a steep decline midweek as investors worried about the ongoing economic impact of the coronavirus pandemic however the composite saw a jump on friday where it was able to hold some of its gains on the week now moving to india the sensex also up on the week and it ended with gains of 1.4 percent on friday in its final hours of trading the private banks index jumped by 8 percent

with private banks axis bank and i see i.c.i. leading gains by 13 and 9.5 percent respectively let's move to australia the a.s.x. $200.00 it's also up it rose on the week after 4 consecutive weeks of gains now it finished higher across most sectors nearly closing at a new one month high getting 1.31 percent. it was out the week and in south africa the all share is also up for the week so that's green markets all the way around there so let's go ahead and take a walk across the studio and check in on markets in europe and the americas where things are still positive but we do have a few red arrows to take a look at in london the footsie is one of the green arrows gaining more than 3 percent on early trading on friday again amid optimism on possible treatment for the coronavirus and prospects of lifting some restrictions in france we see our 1st red arrow there the cac saw a 4.2 percent surge on friday despite being down for the week the next was down for the week after the country continues to report hundreds of daily deaths from the

coronavirus now the german dax also saw a 4 percent rate gain on friday investors are optimistic about chancellor angela merkel's announcement to gradually ease those restrictions back in the country now let's move across the atlantic to brazil the ebo best buy is up on the week despite political turmoil that continues as president dire ball so naro and the new health minister clash over the handling of the coronavirus let's head north to mexico the b.m.v. is down on the week and here in the u.s. all major indices are up the dow the s. and p. and the nasdaq all up with an overall green arrow for the new york stock exchange tech stocks have had a week friday was a make or break day for the week and the 3 phase plan to reopening the economy helped push things up and let's finish everything out up in toronto in canada the t.s.a. composite squeaked out a positive week despite markets taking a dip thursday on the back of poor performance in the financial and energy sectors after this positive week markets are hopeful that something will work to treat the

global pandemic that has kept the global economy shuttered and really now it's just a we have to take things week by week and that is your global market walk and time now for a quick break here because we'll be right back here the numbers. the close. thinking of getting a new job on the ones we got in our shells from rob was as he didn't know until he was trapped in this tiny little wired coach you don't need a crate with him the wall just. freaking out into the wall and it's pretty much

anywhere near thousands of breeding dogs are caged in in 2 main conditions on puppy farm soon i mean 67 years you know they've been locked up in a cage outside you see no protection from the weather the heat you know the courtier the rain the snow the funder nothing they have no protection. to kill you . it's to kill a. across the u.s. cruel puppy mills are supported by dog shows and pet stores most of the puppies that are coming from these large scale factory farming kind of operations are being sought and at stores even joined a good businesses are involved like agoa mom center there has been a shocking amount of organized opposition to adverts to increase the standards of care for dogs bred in commercial rating for so many most of that opposition is coming from a huge agricultural groups and industries that have nothing to do with jobs don't buy dog.

has changed american lives but pharmaceutical companies. solution. drugs people who are chronic. believe that their prescription is working for them. price at the. dependency and addiction to opiates to long to use that really is and scientifically just. now study actually suggest that. the long term effects might not just be absence of benefit but actually that they might be causing long term.

and welcome back since the start of locked out of the crowd a virus we have seen multiple industries feel the pain obviously the airline industry has gotten a lot of attention after they received that huge bailout from the united states but what about the auto industry as people are staying home and business is shut down new car sales have grown into a near halt in march european car sales reported a dramatic drop of 55 percent according to the european automobile manufacturers association here in the u.s. the so-called big 3 automakers reported big dips for the 1st quarter of 2020 general motors sales fell by 7 percent in the 1st quarter while feel that chrysler saw a 10.4 percent decline and ford says the 1st quarter sales dropped by 12.5 percent over the same period so let's take a broader look at the state of the auto industry amid the pandemic with john quelch dean of the miami herbert business school and lauren fix the car coach thank you both for joining me lauren let's start with you as we talk about the prospects of

reopening the economy here in the states what does this look like for u.s. auto manufacturers. our manufacturers are playing to start opening up to any other manufacturer and it's location starting in the 1st week of may all weekend and it may but we have notice we're going to see some support for this because just today the president announced that sales are considered essential as well as distribution manufacturers and suppliers and that's going to be a major plus. the automakers in china had their worst ever quarter from the start of january to the end of march sales dropped by more than 40 percent in that period according to the china association of auto manufacturers is the industry going to be able to pick back up in the country as restrictions are lifted. as a matter of fact the to mond in china has been going down steadily over the past 21 months as a result of government restrictions and emission requirements in in february of

this year the full year on year was 80 percent and in the last month was 42 percent in march so there is a little bit of a hint of a recovery there interesting lee tesla had its best to have a month in march after its manufacturing plant came on stream on february the 10th and they sold over 10000 cars in china in march for the 1st time and now lauren i know you've been keeping an eye on this how does the supply chain situation work with china having been categorized into a haul and i know what it's like 70 percent of parts come out of china i apologize you probably know that number better than i do but what is that looking at there. well interestingly enough you're talking about tesla getting on line because they're in shanghai and they're getting support from the chinese government but also vokes wagon has 32 of 33 of their plants open and they're producing product as

well so as long as that supply chain continues to produce product we should be in a better position the big problem is here in north america we need the full north america to be functioning and basically in concert because we get product out of canada and assembly plants as well as mexico so mexico and promise that we would get on line a week before the u.s. got their plants back on line and we don't know if that's going to happen because mexico as put a halt to production right now until the end of the month there may be some exceptions but we need to have that pipeline of supply parts going back into the manufacturers or they can't build a car missing a component then following up on that manufacturer point you know we talk about sales almost grinding to a halt you are you actually are seeing that manufacturing of vehicles is coming back online as things move forward is that the case right now. yeah i am seeing that actually some of the manufacturers are already up you've got starting on monday volvo will also honda hyundai it has been are already put back on line so

you see a lot of manufacturers poland is allowed to you know to get on line there's a full list of them that it's really interesting to see the certain countries are trying to get everyone back to producing products so i think it's going to be an interesting on ramping of all these different manufacturers but believe me they want to sell cars and there's going to be incentives to get these cars sold because you know people are going to be getting checks stimulus checks around the world and they're hoping and praying that they're going to use that to purchase a vehicle. we actually just mentioned europe's car market is getting crushed right now and now the german auto lobby is calling on chancellor angela merkel to allow car sales as the country reopens with a clear worldwide economic downturn in the offing here can these sales actually come back. well it depends a little bit on the opening up of the economy. you know when you think about it visiting an automobile dealership to kick the tires it's not quite as congested an

environment as a retail grocery store so from that point of view there should be an opportunity to reopen earlier rather than later but a lot of consumers in germany and elsewhere have just slammed on the brakes. new car purchases they're postponing trading in their existing for a pre-owned car and they're probably going to be trading down in terms of the overall dollar value of the car that they do buy when they get into the dealership to buy so there is a case for incentives not just in germany but worldwide and the situation is reminiscent of the situation in 2008 the great recession when the u.s. government initiated the well known cash for clunkers program to try and motivate folks to trade in their older used vehicles and buy something more recent and did here in the states the c.e.o. of carvalho which sells vehicles told c.n.n.

he expects these stimulus checks from the government could help vehicle sales with americans not really knowing when this whole thing will be over and frankly if they're going to be coming back to to work are they going to actually be spending these $1200.00 checks on a big ticket item like a car i mean you see that happening in this economy. well i think if that were to happen it would somewhat defeat the object of the exercise which is really to give consumers the opportunity to have cash in hand for daily and weekly purchases notably groceries and other essential items so using those checks and by the way the checks on that big in the 1st place to subsidize the purchase of a new car that's pretty unlikely. i just. i want to point out one other thing if i may and that is the lease situation in the united states with so many of the 22000000 people who are now filed for unemployment benefits

these people have a lot of vehicles the leases will come due they won't be able to pay the least monthly fee so that's going to create another problem in the use of the will drag down new car prices as well. lauren fix thank you so much for joining us today to discuss this important issue thank you thank you. and as we talk about mode of transportation scooter sharing giant lime is buying assets from electric skateboard startup boosted according to a newport from the burj has bought up at least 5 of boost its core patents and the company is apparently working on securing the company's intellectual property dating back to the end of 2019 a former boosted c.e.o. confirm some details of the acquisition by a reddit post earlier this year boosted ran into issues after developing a new electric scooter which ran roughly $1600.00 and was also hit hard by the trade war between the u.s. and china made it harder for them to get parts boosted also expanded quite

a bit of cash working to expand into 30 nations worldwide at this time it's actually unclear what lines plans for the assets will be and that's it for this time you can catch boom bust on the brand new portable t.v. f. of smartphones through google play and the apple app store by searching portable t.v. and as always you can check it out on youtube dot com start to see you next time.

going to. sell bananas is to put on a chain young enough to continue a little spot that same day and. with nothing to do and that i desired to know. how much older the. local just to me. i'm still going to.

wish there was. a new prince not just one thoughts nubile not a model so it was too stubborn to reach through the. door to just. one almost seemed wrong why don't we all just don't call. me old yet to shape out disdain become educated and engagement equals betrayal. when so many find themselves worlds apart we choose to look for common ground.

so everyone let's take a look at what's on today's menu to see what straight ahead on the press. we have a few clips that we're just going to put up with the president fires back at his critics for us this time using a new tactic in court of ours is not to cause a major is the united states a video presentation at a coronavirus press briefing to make his points and the mainstream media isn't too pleased campaign style video propaganda video whatever you want to call it will discuss your tax c.n.n. host chris cuomo was diagnosed with corona virus over 2 weeks ago and has been doing his show from his basement where he says he's in quarantine but was he out and about on easter sunday did the u.s. .