lifted lockdown measures now let's take a look at western markets let's start in europe london's footsie the french cac and the dax all surged on friday this was following us may unemployment numbers the shocking 13.3 percent this is the much lower than the expected 19.5 percent the footsie climbed 1.8 percent back in 2.8 and the cac jumped 3 point one percent the indices also saw some gains on thursday this was following the european central bank 600000000000 euro expansion of its stimulus and living across the atlantic let's move over to brazil where once again we're seeing a green arrow brazil's surge up to 3 percent on track for its biggest weekly gain since 2008 latin american currencies rallied on friday this was due to a surge in oil prices and despite countries still reporting thousands of deaths and cases of the krona virus in mexico the b.m.v. saw some pretty big gains on friday again on those u.s. job numbers and a spike in oil prices here in the united states then let's move up to here where the 3 major indices are the dow the s. and p. and the nasdaq all in the green looking

a 2nd wave of the coronavirus pandemic as well as economies we are seeing reopened in london the footsie it's down on the week it slumped throughout the week due to factors we just mentioned still the index rose on friday as sentiment grew over more u.s. stimulus now u.k. investors are closely tracking brecht's it as talks are scheduled to resume next week despite rising u.s. coronavirus cases the german dax and the french cac they are both up on the week germany's back to a 10000000000 dollars german government bailout package while reuters is reporting the netherlands has agreed to a $3400000000.00 bailout to help air france and. now moving across the atlantic over to brazil where the evil vessel is down for the week i.m.f. projections released this week show an even gloomier forecast for the country the nation's treasury secretary said the deficit could top 11 percent g.d.p. while the economy is said to shrink 6 to 7 per cent the ex is down more than 38 percent year to date just north to mexico the b.m.p. is also down on the week official data released on friday shows a record contrac

economy saying it will contract by 6.5 percent in 2020 now in london the footsie was up on friday just under half a percent seeing some gains after early losses on news of the british economy contracted by 20.4 percent in april alone wiping out nearly 2 decades of growth the german dax and french cac also tried to rally on friday up in the afternoon but the dax was not able to sustain strong pre-market growth in the u.s. helped push sentiment up so the losses were quite as bad let's move across the atlantic over to brazil where the best buy is down for the week the index plunged nearly 3 percent on friday despite an increased throughout the week. brazil titans index plunged 8.7 percent while the index which gathers the most liquid shares on the brilliance brazilian stock market dropped more than 7 percent contributing to those losses heading north to mexico to be. m.b. is also in the red for the week the country suffered a historic contraction for the month of april due to negative performance in the construction manufacturing sectors as they can ruin a virus pandemic continues to weig

government budget proposal for next week moving to europe all 3 major indices are in the green london footsie gained more than one percent friday this is as the bank of england expanded its asset purchasing program by another $100000000000.00 pounds all in an effort to mitigate the economic impact of the pandemic the dax also in the green after a spike of more than 3 percent on tuesday it was pushed up by the construction and health care sectors good news for the economy as the keil institute for the world economy said the country hit its lowest point back in april and it's poised for a faster recovery than the rest of europe in france the cac following similar trends here the country saw that big copper early in the week and it maintained some gains into friday let's cross over to the atlantic where the evo best buy in brazil also up the week the country's central bank cut interest rates by 75 basis points on wednesday to a record low of 2.25 percent to deal with what may be brazil's worst economic decline in history moving to north america where mexico is in the green well something to keep

the question of, why are we playing geopolitical footsie with russia?hy, point after point, when they do something wrong, when they attack our soldiers, when they invade crimea, when they interfere with our elections, why do we then try to give them things? we have got to completely re-align our nation's stance towards russia, and this should be the breaking point. they are not our friends, and we need to engage in strong multilateral action to stop them from doing things like this. >> congressman, thank you. thanks for being with us, ambassador mcfaul and of course formers d formers did kr john brennan. >>> amp 4,000 new covid cases were reported sunday we talk to the mayor of tucson ahead. you're watching "andrea mitchell reports" on msnbc. ching "andrel reports" on msnbc. mornings were made for better things than rheumatoid arthritis. when considering another treatment, ask about xeljanz a pill for adults with moderate to severe rheumatoid arthritis when methotrexate has not helped enough. xeljanz can reduce pain, swelling, and further joint damage,

let's back to that because i'm pretty sure that we're tarting to see equity andxes open up already, footsief 1% right now, and the ibex down. a little he dax longer to open up, maybe because of the bigger gains that we've been seeing on the dax. we'll see a bigger loss. yesterday, the dax closed up points. that was a 3.9% gain, so now as investors take profits, european markets opening lower. had propelled the 5% stoxx 600 index up this week as well. that's despite the big of german talyst stimulus, which the drops are despite the catalyst. nor going back and between up th and down. 130 billion euros added to the economy here in berlin. larger than had been anticipated. pooja g us now is kumra. what do you think of this stimulus, german ly for the economy? this comes after march. if you think about it in gdp, it's been of nd 8% to 9% in terms that. retty sizable, but i think this recent package for 130 does not show if it's new money -- or if it top of what they already have but we can assure that at least 50% and the ew money german government has funded that so we'll expect more issuance

which took which we're going to let me crash yesterday have actually gone up by over a percent on the footsie and across europe as well because everybody is sort of priced in by now and boris johnson the prime minister's been saying well we expected this to happen the bad news parts of it is that because the government so far has been paying workers not to work companies which are expecting that scheme to stop at some point are now ready ing all of the report in this from the west midlands earlier on that but with the car industries are there now reading to make thousands and thousands of job losses and so the economic damage as bad as it was in the 1st quarter might end up being worse as the year goes on and that's obviously a couple of the social costs of all the unemployment as well right and in other news well it's grim isn't it this report on the issue of care homes is absolutely damning. yes all the government scientific advisors have been saying in fact bring the science of march when when the virus is on its way from easily if you call to mind back they didn't think the virus could ge

bipartisan in nature and that is something that we should be doing so we don't play geopolitical footsiewith russia. keep in mind this is not something to be viewed in a silo, this is the same nation that attacked our elections, the same nation in a chemical attack against britain, and invaded the ukraine. they are not our friend and so let's stop treating them like it. >> we support that congressman, we have a concern that many of us have witches there may be a reluctance to brief the president on things he doesn't want to hear. if there's a problem with being willing to brief the president on intelligence he doesn't want to hear, that's a problem for our entire nation security. >> so he says it's not good enough. what they heard at the white house today, they want to hear lawmakers and says the full house should be briefed from the intelligence agencies themselves. what went down, what are you asking for congressman? >> first of all going back to this notion that we should not look at this issue in a silo, i have learned enough and seen enough about the actions of russia to determine t

>> well, first of all, we shouldn't be playing geopolitical footsie with them. this is not the moment to talk about enlarging the g 7 and inviting them back into global leadership roles. this is instead, the moment to utilize our alliances and further isolate them and weaken them with sanctions for one, other multi lateral action to include bolstering nato and it's also a moment for diplomacy. you know, we talk so often about how you're degrading the diplomatic core and that has consequences. you're degrading multi lateral institutions and alliances and that has consequences. what we see right here and there is no benefit to cozying up to russia. all they do is run circles around us and this doesn't have economic ramifications right now. we're talking about the blood of the united states soldiers. our most important resource. our most important pressure and they're playing games with it. >> congressman bmax rose, i appreciate having your voice on the program tonight and your speaking out on behalf of all of our veterans that have either already sacrificed their