Marketplace Morning Report

From the BBC World Service: Ahead of an EU summit, Germany’s leader calls for a “spirit of solidarity” on stimulus measures. How has Vietnam tackled COVID-19 so effectively? Some domestic workers are jobless and stranded far from home.

The House of Representatives is expected to pass new coronavirus relief money. A report from the World Bank warns that money sent from abroad by migrant workers to their families could fall by as much as 20%. Economic research on the expected and real-time effects of COVID-19.

The worst job and income losses are happening to black and Hispanic workers. Netflix added nearly 16 million new customers in the first quarter. Earnings for pizza delivery companies are expected to be flat or up a bit.

From the BBC World Service: South Africa will spend 10% of its economic output on pandemic supports. What can we learn from Germany’s mass-testing approach to COVID-19? Australia’s renewables sector could be the key to economic recovery.

Crude oil is nearly free for the taking. We explain why. Some states are going ahead and reopening parts of their economies, even though large-scale testing for this COVID-19 virus still isn’t available.

Oil producers are running out of places to put the overflow. How did we get to this point? A new roadmap for states to get access to the millions of COVID-19 tests that governors say they need to reopen economies.

From the BBC World Service: U.S. oil prices rebound after falling below zero for the first time in history. A Bollywood movie stunt double says she’s struggling financially as India’s film industry remains shut down.

The Paycheck Protection Program could be getting a boost. Also, Julia Coronado joins us to talk about the markets. Then, we examine how in some states, stay-at-home could mean smoke at home, as marijuana sales have increased due to the COVID-19 repercussions.

From the BBC World Service: Small stores, bookshops and garages start to reopen in Germany. Oil prices reach a 21-year low over growing storage and demand worries. South Africa Airways and Virgin Australia are close to collapse.

Leaders in Congress appear to be closing in on a deal with the Trump administration to inject more funds into a small business loan program. With the demand for delivery at a premium, Costco and Instacart have expanded their partnership to include prescription drug delivery. Also, a look into concerns about the U.S. meat supply chain.