The ventilator challenge, stimulus questions
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 30 March 2020
⏱️ 9 minutes
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| 0:00.0 | Good morning from the Financial Times. |
| 0:01.7 | Today is Monday, March 30th, |
| 0:04.1 | and this is your FT news briefing. |
| 0:06.4 | Last week, Donald Trump said he wanted to reopen the economy |
| 0:10.6 | from the country's coronavirus shut down by April 12. Now he's |
| 0:15.0 | extending social distancing guidelines in the US to the end of next month. The |
| 0:19.8 | better you do the faster this whole nightmare will end. |
| 0:24.0 | Meanwhile in the UK officials have said normal life might not return for as many as six months. |
| 0:30.0 | These statements came after grim projections of the death toll from the outbreak. |
| 0:35.6 | And as oil trading reopened a few hours later, U.S. crude fell below the $20 a barrel mark, |
| 0:41.1 | with traders betting production will need to shut to cope with the |
| 0:43.9 | collapse and demand caused by coronavirus. In today's show we'll look at what |
| 0:49.2 | the manufacturing industry is doing to respond to a global ventilator shortage, business's biggest |
| 0:54.2 | questions about the US stimulus package, and a sliver of the Italian economy left out |
| 0:59.1 | of coronavirus financial assistance. I'm Mark Filipino and here's the news you need to start your day. |
| 1:09.5 | The machines that help severely ill coronavirus patients breathe are in desperately short supply. |
| 1:15.0 | New York State alone says it needs about 30,000 ventilators, |
| 1:19.0 | and one of the world's largest makers of these machines, |
| 1:21.0 | Germany's Dregar work, said the demand is going to vastly |
| 1:24.7 | outweigh the supply. |
| 1:26.6 | That's what the company expecting to produce four times the number of units it normally does. |
| 1:31.8 | Some of the biggest names in manufacturing are making moves to start producing |
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