PODCASTS
New York Times Daily Briefing
Michael Barbaro: From the New
York times, I'm Michael Barbaro.
It's Tuesday, April 21st.
Here's what you need to know today.
On Monday, several states in the
American South announced plans to
begin to reopening their economies.
Despite evidence of the Corona virus
is still spreading across the country
For the good of our state, social
distancing must continue, but
our economic shutdown cannot.
South Carolina is allowing shops ranging
from department stores to flea markets
to resume operations immediately.
Georgia said that residents could have
returned to gyms and salons as Friday
and dine at restaurants starting
Monday and in Tennessee, governor
Bill Lee said that most businesses
would be allowed to reopen on May 1st.
Bill Lee: While we continue to
emphasize social distancing for
Tennesseeans, I will not extend the
Safer At Home order past April 30th.
Michael Barbaro: All three states said
they would still require social distancing
measures at the reopened businesses, but
it's unclear how they would be enforced.
And for the first time in history, the
price of a barrel of oil dipped below
zero on Monday, as investors deemed
its value as essentially worthless.
The anomaly occurred because the
pandemic is destroying demand for
energy, meaning that there is now far
more oil than can be used or stored.
The negative price for barrels to be
delivered in May revealed that sellers
are now willing to pay for excess
oil to be taken off their hands.
That's it for today. I'm Michael Barbaro. See you tomorrow.
That's it for today. I'm Michael Barbaro. See you tomorrow.