nejra: alain?in: we are also using the government scheme -- nejra: we need to leave it there. , ceo of adecco group. thank you for joining us. this is bloomberg. ♪ manus: good morning from bloomberg headquarters in dubai. i am manus cranny. this is "daybreak europe." here are your top stories. global stocks rise as california says it will begin lifting its lockdown on friday. worldwide cases rise. surgeite house rejects a in the outbreak. tove mnuchin has a plan issue a trillion dollars to support the economy. the fed's thomas bartlett says it could do lasting harm to u.s. productivity. says thearibas earnings will see a big hit from the corona virus outbreak as it takes more than a billion dollar charges in write-downs. economyr view, the moving back to normalization will happen at the best by the end of the year and therefor a gdp return to normal will not be before 2022. nejra: welcome to "daybreak europe." global cases of coronavirus has passed 3.5 million with more than 251,000 deaths as count

enough managing director chris alain again. we were very happy with with quick response of the g 20 they endorsed it and the governors of the world bank and of the i.m.f. all indorsed it and so it's moving forward very quickly so i've been happy with that and i would like to see it extend to commercial creditors as well that was one of the one of the issues in the g 20 communique was the call for comparable treatment from commercial creditors about striking that debt altogether without the possibility. that that's something that. the world's leaders both the developing countries and the developed countries may discuss depending on the extent of the crisis and how long it goes on that would be cancellation of debt rather than a one year or more. guess we've got a month moratorium right now it's possible that that moratorium would be extended or would become a cancellation for the countries that are participating in it. and i was david malpass their president of the world the world bank i want to continue this conversation with o

th see across the board in big biographies of some million figures like frederick douglass and like alainich one last year or the year before. there is obviously offer can american history as rich as any other history, the intellectual leadership in different errors, what are the heirs of african-american history do you think that you're generation of scholars see us as an opportunity as you did with charter who have not been researched or written with the originality in the kind of revisionism that is required to understand our own heritage. >> i am very humbled and proud to be among the generation of younger historians who are evaluating the black power movement of the 60s and 70s and resurrecting motions of gender and race and sexuality have been overlooked and people like ashley farmer and others who have done that work, i think the error that i concentrate on between the civil war and the progressive moment in the 1920s and the 1930s is a moment -- you mentioned in the book, looking at what is going on in the area in that era but not looking at it and confining nearly two new constru

as you narrate here, these conservative blacks, alain locke is credited with the new negro. in douglas hall. >> a professor of military science. how it is like atlanta, everybody knows someone who went to howard. randall is critical not only of dubois, but elaine locke. he writes relative to the war appeared why you picked, we return fighting, and make the delivery choice not to say world war i and the shaping of black participation in the war, but this broader concept. dubois is balancing something. >> so the first one, you're exactly right. a philip randolph and dubois was in his mid-40's and 1917. a philip randolph was 28 years old. and dubois was lumped in with what he called the old crowd negro. those who would close ranks and go fight, which is what dubois said in his close rank's article in 1918. but the sentiment had already been there from 1915, 16 and 17 p he was writing about the war when it started in 1914. >> you mentioned the imperialism chapter which is very important. the article in atlantic monthly. >> dubois did a trip to france in december, 1918 for three-

i'm not blaming alain for that but over the years, there have been a roads that have gone through a process many years, roads, and highways. we'll be getting it down and maybe is not going to get past for environmental reasons are safety reasons. we are going to know quickly. but if it does pass, it's going to happen fast. acting omb director, where is russ? did you hear what i said? soon to be permanent director. that's a big statement. some people would say that's big news. he's done a fantastic job, so congratulations. we will give you a congratulations just prior to approval, right? you're doing great, thank you very much very much. so acting omb director will present details on this effort, and we will go into that. so ross has done a great job on exactly what, he is to come into my office and say i think we can cut a lot of different things in terms of regulation. and i think also very importantly, will have a better product. it's going to give us a better result. and we are adhering to environmental impact studies that all of the other things we have to do to get these permits. so th

what we need is an alainment of the test period and us being open for business.being said, what we've done is not ask for more money, we may need that in the future, but instead of more money what we asked for was to give us a larger window of time. and we asked for it to go from eight weeks on the test period for forgiveness to 24 weeks on the test period for forgiveness. that would give us -- that elongated time period would give us staying power to weather the storm, keep our staff and just make up for the shortfall in revenue that we were experiencing >> hey, melvin, in terms of the challenge that you're confronting, one of them, of course, is social distancing and requirement that you can only have 25% occupancy i'm curious what you think the appropriate occupancy could be and keep everybody safe. the other question i had is how much of it is the social distancing requirements and how much of it is just strictly a demand picture given that new orleans is such a wonderful tourist destination and an environment where people aren't flying into town for the week

and for the alai alain jang scholarship we have a student from gagalileo off to u.c. stat.we have another student from lowell high school, off to u.c. irvine. and for the william and gail chan family scholarship, we have ying irene tam from galileo off to u.c. san diego in the fall. we thank everyone and everyone who applied and we have a wonderful team of students. thank you so much. >> president sanchez: thank you. thank you so much. and back to the alliance of black school educators. miss marshall are you with us? >> i'm with you, hello, everyone. good afternoon. sorry about that technology glitch. good afternoon, president sanchez and vice president lÓpez and board and commissioners. and our beloved ester, and ladies and gentlemen, and boys and girls. on behalf of the alliance for black school educators i'm pleased to share our 2020 scholarship recipients. for the first time we made history, number one, it was a virtual scholarship with more than 100 on the call. and number two, for the first time in our history we're awarding $21,000 scholarships. drum roll, please. he

and for the alai alain jang scholarship we have a student from gagalileo off to u.c. stat.we have another student from lowell high school, off to u.c. irvine. and for the william and gail chan family scholarship, we have ying irene tam from galileo off to u.c. san diego in the fall. we thank everyone and everyone who applied and we have a wonderful team of students. thank you so much. >> president sanchez: thank you. thank you so much. and back to the alliance of black school educators. miss marshall are you with us? >> i'm with you, hello, everyone. good afternoon. sorry about that technology glitch. good afternoon, president sanchez and vice president lÓpez and board and commissioners. and our beloved ester, and ladies and gentlemen, and boys and girls. on behalf of the alliance for black school educators i'm pleased to share our 2020 scholarship recipients. for the first time we made history, number one, it was a virtual scholarship with more than 100 on the call. and number two, for the first time in our history we're awarding $21,000 scholarships. drum roll, please. he