A deadly rocket attack on a coalition base the u. S. Launches a new round of airstrikes in iraq. The escalating coronavirus emergency has sent stocks crashing to their worst losses in 30 years and bester has continued to bailout in the u. S. Europe asia and the middle east and the travel restrictions and business shutdowns that are bringing economies to a halt italys ramped up its lockdown closing bars restaurants and shops all france norway and ireland are among the latest countries to close schools and universities efforts to stop large gatherings to lead to severe restrictions on sporting events european football leagues and american basketball baseball and hockey games are among those suspended it will begin our coverage with whats been a torrid day for Global Markets on wall street the Dow Jones Industrial average sank almost 10 percent its worst losses since the black monday crash of 1907 and london the 100. 00 close down almost 11 percent all european markets together dropped 12 percent and the gulf dubai tumbled 8 percent qatar 4. 5 percent and saudi stocks lost 3 percent of their value kristen salumi has the round up from new york. These are dark times on wall street as the coronavirus continues. The spread in a fog of uncertainty descends on investors here and around the world we will be suspending all travel from europe to the us president Donald Trumps shock announcement on wednesday night that he was banning all travel from the European Union may have been intended to calm fears. That it had the opposite effect 50. K. For the 2nd time in a week the slump in stock prices was so precipitous that trading on the New York Stock Exchange was temporarily halted on thursday as airlines began cancelling flights the u. S. Federal reserve stepped in with the rescue package this time promising 1. 00 trillion dollars to shore up markets but it had little effect new yorks main indices closed down between 9 and 10 percent leaving many wondering what more could be done to calm nerves i think were going to need to see a series of actions that look like theyre only focused on responding to this other agenda so every department the government has to sing the same song in the same tune with disabled cutting music all these little gaps and things that people think are cute when times are good become terrifying when times are bad and were closer to bad than good at this particular moment. It was even worse for european traders as the economic implications of president trumps travel ban sunk in germanys dax closed down more than 12 percent as did france and spain smain markets while londons footsie had its worst day since the crash of 1987. U. S. Markets have now fallen more than 20 percent below their highs and with coded 19 yet to peak here its actual impact on the economy not to mention peoples lives is hard to predict that has investors preparing for the worst while everyone is hoping for the best christian salumi aljazeera your. Every johnson is the founder of the lance a Wealth Management he joins us from washington d. C. We appreciate your time very much. Can we manage our way out of this or is some of this just has to happen. I think some of this has to happen if you look back over the course of the last 10 years and some of the things that have been fueling our market this is this is just the example of what happens when you have too much excess weve had you know for to have trillion dollars of quantitative easing weve had 4 to have trillion dollars of Company Buying back shares or their own stock which manipulates the earnings numbers you know earnings is that income before dividends divided by shares outstanding so when you have 26. 00 trillion dollars in u. S. And p. 500. 00 you can see how much that demand for stocks and what it might do to earnings numbers if you were deuce the shares outstanding could do the market so i think these have to let this thing play out i just dont know when thats going to be because now we have an event risk and thats something that our Risk Management cant account for youve got 17 percent of the Global Economy that shut down 80 percent of the commercial activity and now thats happening in the United States which 70 percent of our economy is Consumer Spending and so its happening when the economy was already decelerating when the rate of change basis dont get if you go from 10. 00 to 12. 00 to 14. 00 youre going from great to good which is bad and thats what youre seeing with our g. D. P. Numbers thats what youre seeing with the earnings numbers and inflation before the virus hits and so you know once you add that into the equation you get the sort of disruptions that youve seen over the last 2 days so there is the event and events are often predictable but there is also the way. That during an event any part. Of ministration. I dont think so so one of the things that i look at is the math behind it any time the standard deviation and we talked about this earlier when the standard deviation expands the range of potential outcomes broadens and thats why you see the volatility index go up to 60 so mathematically now buying stocks becomes very problematic because its its been a vironment that you know well whether you buy a wreath or utility or Growth Stocks its going to have the same experience a good example would be look at gold gold is holding up pretty well its a store of value but the gold miners are going down terribly so and the reason why its trading like an equity so the sell off has broadened all Asset Classes and thats how you know this is a math issue as opposed to a branding issue all right so say youre one of these people that is you know close to retiring or youve recently retired and you are not feeling good about what is happening to your savings what could you do what should you do. So what i would recommend as you take a look at the current circumstances is inflation and growth of accelerating the decelerating rate the decelerating so in that environment you should already have Treasury Bonds as opposed to junk bonds right and dont forget we have a Corporate Bond bubble that you know half of the bonds are triple b. And thats debts that could be a big issue of the economy decelerates and they become downgraded in the over run the junk bond market so you should have already had Treasury Bonds you should already have you know the utilities the reeds and the gold so in that circumstance you would have lost quite as much money on the way down and now you may want to pivot into more the gold more the the Treasury Bonds and keep some more money in cash until everything is stabilized ok we appreciate your insight. Into the but to go back into the Growth Stocks ok thank you. Thank you for your insight were at a time thank you. Yes president restrictions on european travelers arent just having an Economic Impact theyre also straining already brittle diplomatic relations between washington and brussels as mike hanna reports. The irish Prime Minister arrives at the white house his bilateral meeting with the u. S. President one of the few events going ahead as should jeweled island along with the United Kingdom 2 countries exempt from the sweeping travel ban which appears focused on the 26 European Union members of the shang and Alliance Giving rise to claims that the ban has been haphazardly applied when you think of what happened to europe because it was very fast and very furious and what happened is a lot of people went from china into europe and europe suffered tremendously see whats going on and so i just wanted to stop as it pertains to the United States or Public Access to the u. S. Capitol has been suspended but lawmakers in the house are continuing to discuss the bill to counter the economic and social impact of the coronavirus and also pacing questions about whether lawmakers should stay at home lets get this bill passed 1st and then well see where theyre from there because the fact is the house is on fire people are concerned about their of course the house and the health of their challenger democratic president ial candidate joe biden added his voice to the discussion about how best to deal with this ongoing crisis and was harshly critical of the efforts by the trumpet ministration public fears may become. More pervasive like and trust in this president. Why adversarial relationship with the truth that he continues to have this stall public concern about the slow rollout of testing kits this despite claims by the trumpet ministration that anyone who needs a test can get one the web site of the center for Disease Control records said it has not conducted any tests over the past 4 days and the number of tests conducted by Public Health lads has dropped dramatically over the same period yesterday for example across the entire United States only 8 tests are reported. President trump maintains he is in no need of submitting to a test but this may change following reports that a man he met during talks with the brazilian leader at mar a lago last week has tested positive for the virus brazils communication minister pictured here on the president s lift is awaiting the results of his 2nd test my kind of aljazeera washington so as mike mentioned the lack of testing going on in the us is a problem a top u. S. Official who deals with Infectious Diseases has bluntly described the situation as a failing anthony bounty made the comments to members of congress a temporary thing on thursday the system does not is not really geared to what we need right now what you are asking for that is a failing and going yeah it is a failing there lets admit it the fact is the way the system was set up is that the Public Health component that dr that dr redfield was talking about was a system where you put it out there in the public and the physician asks for it and you get it the i hear of anybody getting it easily the way people in other country are doing it were not set up for that do i think we should be yes but were not going allen fisher who is in washington d. C. And alan theres been a lot of criticism about the way the administration the federal government as a whole is handling this crisis seems a lot of states are deciding to take care of their own people how are states responding or the result is going to be reaction which is going to be separate from the federal. A plan of action and were seeing that with a number of states in fact it goes down from states to counties even to cities themselves in the new york city today the mayor bill de blasio announced that there was a state of emergency there theres no Immediate Impact on that but what it does give them is extra power sort of the death toll goes up above 95. 00 then he will be able to call on more resources as well over in california theyre looking at individual Companies Taking various actions and there walt disney of the cited 2 of the theme parks will essentially be closed from saturday until the end of the month although theres been no cases of the virus detected in the parks theyre doing this out of an abundance of caution when if we go to ohio in the midwest we can tell you that there the head of Public Safety and also the governor says that the estimate there somewhere in the region of one percent of the people in ohio have the virus if that is the case that puts the number of people infected around 117000 how many positive kid tests of there been 5 so that would suggest that there has been massive under testing in ohio and then if we come a lot closer to home to maryland just across from washington d. C. The schools there have been closed for 2 weeks as of friday the governor announced that he was also activating the National Guard and he has imposed the state of emergency on the state many states many areas many many of the polities are saying that they dont want to see gatherings some say 500 some others say 250 but you can see that theyre trying to limit the possibility of there being some sort of contact between people to reduce the possibility of those numbers growing just on a federal level we know that steve mission who is the treasury secretary has been tasked to sit down with nancy pelosi to come up with some sort of financial deal that would address the president s issues which is to give a helping helping hand turn number of industries and companies as well as to ordinary people. And nancy pelosi wants to see Better Health care and also some sort of compensation for people who lose out because of the crew of the virus we are told there has been room for agreement that theyve agreed on a number of issues but theyre not quite close to finalizing a deal those talks will continue but the head of the Senate Mitch Mcconnell whos a republican has said that he doesnt think theyll be a vote in the coming week and Congress Heads off for spring break on friday. And believe it will alan fischer and washington allan thank you European Union leaders have hit out at president trying to decision to impose travel restrictions which could affect 7300 flights Charlie Angela reports of london. Chaos and confusion in some european airports as travelers scramble for the last flights to the United States from friday night all flights from 26 year paying countries will be banned for 30 days unprecedented action in unprecedented times but welcomed by some but the last word there has been you know we are lucky to be able to leave europe if we are finally able to leave the e. U. Was quick to condemn president trumps decision the European Union disapproves of the fact that the u. S. Decision to impose a travel ban was taken unilaterally and without consultation but isolation both within and from other countries is gaining momentum as infection rates italy one of the worst affected nations strengthened its nationwide quarantine while spain suspended parliament and football matches as death rates in the country almost doubled in 24 hours. Frances president addressed the nation directly spelling out some difficult truths. Spite of our efforts to delay it the virus continues to propagate and it 6 we knew it and feared it this evening im asking all people who are more than 70 years of age and those who suffer from chronic illnesses or suffer from a spiritual problems people who are disabled to remain as much as possible at home. Their children only seem to suffer mild symptoms they are considered key spreaders of the virus and in response sri lanka ireland denmark norway and france joined the long list of countries to shut down all schools but the British Government continues to take a different approach holding off on any wide ranging restrictions that would suppress the spread now hoping instead to delay the peak of the outbreak until the summer at stages we have been guided by the science and we will do the right thing at the right time. We are not repeat nort closing school. The scientific advice is that this could do more than good meanwhile in china life at the center of the outbreak is gradually returning to normal in both in a 1000 patients waved goodbye to their hospital beds and only a few dozen new cases were recorded nationwide in south korea the number of new current of ours cases is also decreasing but the government warned against private to visit. While in iran a 1000 new infections the country struggling with a lack of life saving equipment has asked for an emergency 5000000000. 00 loan from the International Monetary fund taking fright at these well developments the stock markets showed a sea of red with the u. S. Dow jones entering a bad market for the 1st time in an effigy is not helped by the announcement from the European Central bank that it will not cut rates any further. As the cracks begin to show inequalities of Health Care Systems across the world it is the very human toll of covert 19 that must be remembered. Aljazeera. Canadian Prime MinisterJustin Trudeau has put himself into isolation after his wife sophie was tested for the virus says that while hes not showing signs of infection themself he is being cautious until so if he gets her results she has been experiencing flu like symptoms following a visit to the u. K. And then thought to be unprecedented in modern times the vatican has ordered the closure of romes caplet churches and response to the coronavirus pandemic the decree will stay in effect until early april and follows cancellations of public engagements by the pope who has been Live Streaming prayers online to avoid big crowds the batek and is also told romes catholics they are not obligated to attend sunday mass while they make is ongoing. And the rapid spread of the krona virus is also causing cancellations and postponements of sporting events all around the quote just a moment ago formula one cancelled the australian grand prix which was to take place in melbourne this weekend so theres also the National Basketball association which has decided to suspend the season until further notice spains real madrid players have gone into quarantine after a basketball player who shared Training Facilities with the illegal club was found to have the virus and brazils 1st 2 qualifying matches for the 2022 world cup in qatar have been postponed and the richardson explains this is pensions could have major implications so it looks almost inevitable now that these leagues will not be able to finish in the normal brackets that they are going to extend out into the summer now for that reason european footballs governing body has called an emergency meeting to choose day when all the countries will get together via a Video Conference call to decide what to do next it looks as though the sensible thing to do is to allow european leagues to play on for a few more weeks once theyve had these suspensions and hopefully things are brought under control with coronavirus the implications then a few euro 2020 International Tournament due to take place in the european summer that was set to take place in 12 nations in 12 different cities something that doesnt look a great saladin now so a lot of. Spunk and soul 2021 israeli Prime MinisterBenjamin Netanyahu has called for the formation of an emergency government to confront a coronavirus that know who made the offer on a nationally televised address saying a new temporary machine with his chief rival benny gantz would save the lives of citizens hes also ordered most schools in the country to be closed. Palestinian group hamas which runs the gaza strip says it will restrict travel with egypt and israel for all but the most urgent cases starting on friday anyone entering will be put into mandatory quarantine and Gazas Health Ministry is warning that the long running siege has left it well short of the medicine and equipment needed to deal with the coronavirus cases have been reported so far we. Perceive it is in the ministry of health is very little. Education and a lot of stocks in fact needed for dealing with this subject or this disease is very limited limited dont think about the protective equipments it is inflict on. Ventilators of course those who would it is of intensive care units to deal with complicated cases from this disease a crime of viruses also stretching lebanons Ailing Health care system and there are Big Questions over whether it would be able to cope with the full outbreak sent to her as an beirut. Lebanons 1st confirmed coronavirus case was reported 3 weeks ago a woman who arrived from iran 3 deaths and dozens of cases later the lebanese government suspended flights to the Islamic Republic and other countries hardest hit by the virus the travel ban will be expanded in the coming days but many have criticized the government for not acting sooner. Is just terrific suspended launch yesterday they were checking all those arriving the virus is causing fear for lebanon 6000000 people but few are staying home even though the government has closed the educational institutions banned large gatherings and reduce the number of employees in state institutions doctors who are criticizing the lack of a National Plan warned that many lebanese and the authorities are not taking the crisis seriously or not very. Much. We have too many problems. Lebanons Health Care System is already underfunded and the unprecedented economic crisis is making things worse doing foreign reserves means there was a struggle to secure dollars to buy medical imports even before corona virus arrived the government. Trying to score political points Prime Minister says governments are not taking precautionary measures and the virus is more widespread in other countries the outbreak may be limited when compared to other countries but it is already contribution to the near collapse of the economy hundreds of thousands who work in the Service Sector may lose their jobs hundreds of businesses have already. Down in recent months many are worried the virus could be the final blow we were thinking to close in march and then we were like ok lets do a personal effort and work on it and then put on a came and we had like ok we have 5 employees and now were told we dont even know if we should pay them or not would levanon facing near bankruptcy many fear its ill equipped to cope with a mass outbreak this is a battle lebannon cannot afford to lose sight of who their favorite. Globally at the Tourism Industry is hurting badly so many people canceling and travel plans airlines cap a thin Street Vendors are already suffering and has more. Paris no longer has its notoriously long queues at famous landmarks such as the loo and businesses that depend on tour spending so the impact of the pandemic is unprecedented he said thomas if its massive for us were in an area where americans like to come and also customers who are quite sensitive to the impact of this kind of event. Were starting to feel the catastrophe its worse than the strikes worse than the yellow vest protests. Every last ounce of these just over the top of the Current Situation in venice gondolier is quite disastrous because there is no work. Across italy travel is restricted public gatherings banned normally one of europes Top Destinations roam streets and coliseum eerily quiet. All stores have been ordered closed except pharmacies and groceries. In the end this Health Problem will be resolved while they can omit problems perhaps will take longer i dont know how were going to get out of this. The lack of tourists in the valley of the kings in egypt is an ominous sign of how damaging the pandemic will be for the economy and the population of 100000045. 00 cases were confirmed on a nile river cruise in looks or connected to a single american tourist aboard ship a bunch of finish out of the streets of luxor empty because of the corona virus there are medical health and security checks because of fears the virus will spread from other countries to the egyptian people. Across asia the effects are apparent from 2 cats quite beaches to jai poor in India Foreign tourists are staying away from the pink city after a group of italian tourists tested positive for business is like. War law for glass im a small east on canebrake hole in the wall and in japan where half of tourists come from south korea and china some honest government we can only rate until it all comes down we are all in the same boat from tour guides to Street Vendors everyone who depends on visitor spending are feeling a pinch from the pandemic. Millions in one of the worlds Biggest Industries suffering a devastating blow to their livelihoods the u. S. Travel agency expects the pandemic to deal a trillion dollar blow to the Global Economy and aljazeera. All the rest of the days news ahead here on aljazeera including civilians caught in the crossfire homeless person on fire during fighting in the Central African republic and in sport it started off as a joke but now this player has become the n. B. A. s patients hero. Welcome back lets look at weather across the americas now in north america weve got one weather system with some heavy snow in its north across canada extending down in the eastern seaboard but should gradually clear away during the course of friday meanwhile across the southwest weve got more weather systems pushing in keeping some breaks of rain here much needed some rain in the south to about is likely to develop during the course of saturday moving up towards the midwest region with some snow on its Northern Edge states we should find clear about cooler weather pushing into the east coast with new york theyre looking at highs of just 12 degrees celsius into. Central america weve still got the threat of some showers for hispania but i think jeremy and improve picture here for both the Dominican Republic and haiti cuba are looking largely 5 few showers across the interior but lots of sunshine through the isthmus a scattering of showers but weather conditions the most part looking fine it should be a nice day in cancun with highs of 27 but moving on through into saturday those showers continuing further towards the south so certain merica were expecting are plenty of share right to vittie across more western parts of brazil the stone across into peru for the surf looking largely dry and fine well you see sunshine returning to point is areas heise here expected to reach 33. 00 degrees celsius. Being a refugee means starting again on earth. But building a new life in a new country is no easy task but like youre driving down. Witness follows one of the last Refugee Families from syria to be granted an american visa. From the personal sacrifices to the families to try and. Meet the syrians on aljazeera. The remaining programming from International Film a tense. Play aljazeera sets the stage for egypt to be sure will be the life of the lawyers the life of the nuns dead everybody is their Global Expert you get it were going to let the planet go to ruin because were not doing obvious things open your eyes to an alternative view of the world today on aljazeera. Rooted her world oh. Theyre watching aljazeera and these are the top stories right now occur at a virus pandemic has badly hit Global Stock Markets in new york the dow jones plunged by 10 percent the worst single day loss and black monday in 1987 while the paneuropean index closed well percent down and new york has declared a state of emergency closing many of its major museums and theaters gatherings of more than 500 people have been banned in the city forcing many adventures in shows to cancel. And the rapid spread. It has caused cancellations and the post sporting events around the world includes the n. B. A. They gave us pray and pray and pray and qualifying matches for the world cup in qatar. Is speaking right now responsible given that this has been classified. The government the government is very. Eager to make sure the control is exerted and continuously and we foresee that all those cases will increase panic should not be. So there are obvious health. Recommendations to be followed. By the ministry. And we cannot put the health of people in jeopardy. And this will be. And this is one of the policies of the president ial democracy that we have i should just like to say that given the recent events. Health and families have to be preserved this is a moment of unity serenity and. Courage the. People is. Determined to be responsible and god bless brazil. Joins us live now from mexico city he was also listening into what a terrible scenario said so many remind us again that we know at least someone in his circle at has tested positive for corona virus. Thats absolutely right and we were waiting to have that sort of clarity during this address richelle whether or not president sonata was actually diagnosed with 82001000 with the corona virus we know that there was a delegation of brazilian delegation that traveled to florida earlier this week from saturday until tuesday that included president and his press secretary who had direct contact with the president the United States donald trump now in any event this it is worth noting that only a few days ago we heard from president who had mocked the potential severity of the now Global Pandemic of coronavirus now earlier on thursday sitting in isolation waiting for test results to come back to determine whether or not he also like his press secretary and other members of his delegation would have a test that would come back positive with coronavirus the impact of this richelle in brazil in a country where there is already 77. 00 confirmed cases and over 200. 00 other suspected cases and in the case of rio for example transmission is now know is now local were not talking about transit transmission being imported from other countries from europe this is the severity of the situation in at latin america there is an Economic Impact as weve seen from the coverage on aljazeera over the course of the day and latin america being one of the regions that spends less on health care with the exception of chilean coast rica spends less on health care than any other region in the world the already existing Economic Impact from the virus in countries like brazil in countries in Central America that are already seeing cases starting to increase as well will further put strain on the ability to contain this pandemic so there are larger implications if there is anything positive its perhaps a change in attitude by brazilian officials by the brazilian president to take the issue more seriously in his country richelle ok and the latest there are many thank you. We will have more on the krona virus pandemic throughout the newscast but lets pivot now to some of the news happening and other parts of the world the u. S. Has launched retaliate story airstrikes and iraq in response to a rocket attack that left 3 people dead on wednesday after u. S. Defense secretary mark esper announced he was given the green light to do so by president onil trump 2 americans in a british soldier were killed after a barrage of rockets were fired at a military base north of baghdad earlier this week as head of u. S. Central command has suggested the attack was carried out by an Iranian Armed group fultons been following all these developments from baghdad so simona what else do we know. Well the u. S. Has confirmed that it s. Conducted quote defense of the precision strikes against iranian backed militia facilities in iraq we understand at several positions were hit across iraq at around 1 am local time including areas in just a sucker south of baghdad which is considered a stronghold of the iranian backed Popular Mobilisation forces we also understand the positions were hit in the Southern City of quetta balor near the airport as well as in babylon now what appears to have happened is that the u. S. Targeted primarily weapons depots drones and facilities of the Popular Mobilization forces including groups from qatar of hezbollah which is one of the groups that is very close to iran in which the u. S. Accused of conducting the strikes against the base entirely which resulted in the killing of 2 u. S. Personnel as well as a u. K. Soldier stationed there we also understand that another group of pipefitter that was targeted as well as another group as either one of these are groups that are generally referred to as the Islamic Resistance theyre part of the Popular Mobilization forces which is officially integrated into the state but which is very close to iran now we understand that the intention was not to target specific people or commanders but rather the weapons facilities despite that we are hearing reports from one of the p. M. S. Groups of 7 people were injured injured or fossil have are also getting reports that one civilian may have been killed in that care about or as a result of these strikes now of course the u. S. Is walking a very fine line here on the one hand it is seeking retaliation for this attack against the tide you base but on the other hand there is also a lot of awareness that just very recently in december and january a very similar scenario less to escalation here in baghdad when we had again a u. S. Contractor killed. In the k. One based plan that resulted in a series of pit for tat attacks between the u. S. And iran here on iraqi soil so of course there will be concerns that once again these strikes which inevitably will be seen by the Iraqi Government as a violation of their sovereignty could once again lead to a reaction from the side of these iranian backed groups last time what we saw happen there was a siege being late to the u. S. Embassy here in baghdad indisposed to one of the strikes of course well have to see what will happen in the next few days whether these retaliatory strikes will see invite further reaction from iran and from its allies here on the ground in iraq ok some of alton from baghdad alone to thank you at least 40 people have been killed in fighting between armed groups in the Central African republic over just the past 2 days its been happening in indel most of the dead are civilians buildings housing people displaced by the fighting have been set on fire rival militias want control of resources in that diamond rich region many tourists is monitoring developments. The fighting is the latest in a cycle of violence that broke king Central African republic since last late last year only this year the recent major fighting was of course in february when several people were killed but the latest round of violence the one were talking about now happened 2 days ago and at least 40 people have been reported dead and most of them civilians fighting broke out between 2 major rebel groups or groups in the Central African republic in the area often deadly these are the p r c and the m l a c j but also there are ethnic clashes in that region which contributed to the latest or the rise in casualty figures in that area now in a statement that the government issued it condemned the killings saying that the rebel groups we who are signatories to a peace accord and reconciliation efforts should stop using civilians as human shields and also stop disrupting aid operations in that region so little report from the Central African republic indicate that theyve been fighting has been going on pockets of violence of continued till this day and that reinforcement security reinforcement has been sent to those areas to calm the situation down its not clear whether they are able to stop the 2 sides fighting each other or stop the ethnic militias attacking each other and bring peace to that region. The United Nations high commissioner for refugees this pledge 40000000. 00 for operations in sudan. With the sudanese Prime Minister to discuss the situation of refugees in that country sudan hosts over a 1000000 people who have fled ameritrade syria yemen and chad. U. S. Federal judge has ordered the Immediate Release of wiki leaks whistleblower Chelsea Manning from prison ruling comes a day after lawyers for the former military Intelligence Analyst said shes been hospitalized from the pending suicide manning started 7 years in a military prison for giving us secrets to wiki leaks and then she was jailed again last year for refusing to testify before a grand jury investigating a website has been ordered to pay 265000 1. 00 and 5. 00. Turning now to the crime virus pandemic as our reporter men are telling us earlier the alp rape will be a big test for latin americas volatile economies chris about reports from argentina as capital benefit us. Exports are crucial for argentinas economy these days before in currency generated by crops the fund other products are what could help this country fail foreign debt. For the covert 19 its already having an impact here too you know. Main market but may start to recover were now seeing many of our european clients cancel the orders because nobody knows who will buy the beef and know theyre already freezing some of it its a huge problem for us because we depend on exports. This plant sells mostly premium beef to china europe and the United States and finding clients its not easy these days as the 19 spreads around the world shows and Public Events are being suspended in argentina in an attempt to contain the virus. Flights are also being canceled in a country that is already struggling with capital controls double digit inflation and this restructuring foreign debt the government have imposed mandatory isolations on people arriving from europe china and even the United States are also considering fining those who do not respect the law and pose a threat to Public Health but even though many believe that argentina could succeed in containing the virus the spread of the virus in this country it is the Economic Situation that has a many people worried here. In the past 2 years most administrations have pinned down their hopes of economic recovery. One of the largest oil and gas reserves in the world but as the local economy deteriorates and worldwide markets investments are being rerouted outside the country we have a common characteristic that is that latin american country. Especially south american ones we export these right we exported copper and minerals in to then in the world order when its will be a good soil in brazil origin the you know why but i why is soybeans its other types of food so i think we are going to feel the same but we are feeling it right now with the cline the price of commodities saw i believe this is a regional problem but its going to be more important in the countries who need foreign help us for example the case of origin. Help that could prevent a default like the one in 2001 that devastated this countrys economy people here are wary of the spread of the covert 19 virus but the faltering is what hes warning the government the most serious i will just see that when a site iran is asking for billions of dollars in loans from the International Monetary fund to help fight the outbreak the Health Ministry says the number of infections has surpassed 10429. 00 people have died but there are concerns those figures could be much higher as the government struggles to manage the spread of the virus the outbreak has compounded irans economic woes with many neighboring countries sealing their borders amos ravi has more from tehran. Several weeks into this Global Pandemic and countries in asia in the middle east are talking about the gains that are being made in trying to stop the spread of covert 19 but in iran there are daily reminders that this country is struggling to stop the spread to get a grip on the spread of the current virus throughout the country in a letter to the United Nations secretary general and tony a good sierras irans foreign minister zarif urged the United Nations to bring pressure to bear on the United States to try to get them to remove what iran sees as illegal unilateral sanctions that it says is now hurting its ability to combat the coronavirus to illustrate his point tweeted about a list of approximately 30 bits of medical supplies types of equipment that Health Care Providers urgently need to track and identify and treat patients that have contracted coronavirus includes things like ventilators gloves masks specific medicines all things that hospitals find they are in short supply and also earlier this week iran requested from its central bank to the International Monetary fund an emergency relief package of 5000000000. 00 and that is specifically to combat to help combat the Coronavirus Spread in iraq tweeted about that as well saying that it was imperative on the i. M. F. To be on the right side of history and facilitate iran as it tries to combat the spread of this virus now many here in iran do expect that the i. M. F. Will be keen to help but that the United States will try to block those funds from coming through all of this is happening as the worst is yet to come in iran experts medical experts say that the peak of the virus in this country is likely to come in the next 2 weeks. Qatar is closing all the cinemas gyms and museums thats on top of this is a pension of schools and the banning of travelers from 14 countries the number of cases in the gulf states now at 262 after a spike on wednesday. And many in europe fear the imposition of quarantines will leave them broke especially those who contract work on sunday go reports empty streets closed shops and warning signs to keep their distance roam a shadow of its usual self bustling crowds of visitors to help sustain its vital Tourism Sector are actually impacting the economy and work because. The government has to help us you have to pay rent or mortgage bills you have never ending expenses just you know were all in the same boat but for some its worse if we dont work i dont know how we will survive. Exempt from the nationwide closures Grocery Stores and pharmacies remaining open to provide a Vital Service for country under quarantine to one preparing itself for the worst in spains capital madrid public transport remains open but buses trains and metro carriages are being disinfected every night and the threat of an impending lockdown has already affected Small Businesses here early record. We have recently noticed that there are fewer and fewer customers in the stall not only in the morning or afternoon but also in the evening people are more inclined to stay at home they are kind of struck by conic. In london one of the largest cities in europe and a crucial Financial Hub the focus has been primarily to protect any economic fallout from the pandemic new government measures to protect staff employees with immediate changes to sick leave have offered protection but it is the Small Business owners those on temporary contracts and freelances with no access to those benefits who are at risk of losing everything such as this selfemployed cab driver. Of earnings. Just because its my only source of stuff like mortgages and. Really kind of career and because you havent got. One country after the other school and childrens Daycare Centers are being closed and attempt to stem the spread of the virus but its also affecting working parents with childcare responsibilities but those in the public and Health Care Sectors facing the dilemma of how they can go about their work at a time when hospitals are facing unprecedented strains going to work from home. Computers to work with them but i dont think you can get the same amount of work done. At home as with cameras at the workplace the fear of what is happening in italy may be galvanizing other countries to attempt to get ahead of the pandemic but this is a waiting game with many wondering whether these measures are simply delaying the damage wrought by covert 19 or will they succeed in containing the virus as much as possible so aljazeera. Coming up ahead and sports as you know one pick flame is lit increase organizer sense system this years tokyo games will go ahead as planned. And. Aljazeera. Will ask you. Presented with what. Thank you very much footballs european governing body your wife has called an emergency meeting to choose day with the parsed parliaments of this years european championships one possible outcome many domestic leagues face an uncertain few weeks due to coronavirus rummages football say marine corps insane and the entire Spanish League has been suspended for at least c. Weeks comes after around madrid basketball play it as a positive for corona virus a basketball saying share the same Training Facility as the Football Club the English Premier League is carrying on regardless with no ban on spectators and now much as the city benjamin mandate is self isolating as a precaution while less the city manager Brendan Rodgers revealed that 3 of his quartering quarantine as well after showing symptoms of the virus this is a healthy you know this is this is more than the football this is players and their families and children and so when the risks are there for their health and everyone elses we have to mitigate against that so were so the few players that have hearts and are shown the symptoms weve obviously so partially to them of you if you want to say and then move to see how that develops over the next couple of days. Well we spoke to Investment Analyst alex and such earlier he believes it wouldnt be a financial disaster for the English Premier League if they responded to the outbreak by staging games behind closed doors the premier league side 1000000000 dollars a year 14 percent above 809000000. 00 not that easy gave revenues and today with over the top broadcast. The internet. Youre talking here 4050 percent of total revenues i know you go get the same excitement you do when youve got a fully loaded stadium but i think you can create that kind of its some degree and i think plus well look at meijer and im surprised that its still. All about. That game as i. Look at the science of the spiders it is going to be impossible weve been in persia all your time so yes i think you cant beat it all up. Probably cant make up 800. 00 but they could make up at least that surely it is worth looking into all sports leagues in the United States shutting down the baseball season will start at least 2 weeks later for Major League Soccer the National Hockey league and the n. B. A. Have all been suspended the n. B. A. Made its move following a positive test for a utah jazz player really go bare it starts reports. The stadium was packed the players were on court but then after a conversation among officials Oklahoma Citys game against the utah jazz was called off after it emerged one of the jazz players rudi go back tested positive coronavirus an hour later the n. B. A. Suspended the whole season indefinitely but was not at the arena but the jets were placed in quarantine and we now know that at least one of his teammates also tested positive. To. Go back a 7 foot one frenchman is one of the stars of the n. B. A. The 27 year old has won festa fence of play it 2 years running hes currently in the care of Health Officials in Oklahoma City rather unfortunately on monday mocked the Coronavirus Crisis at a press conference Touching Every reporter mark a friend as he left but potentially exposing others to infection. Before the suspension moves were already in place in the n. B. A. To halt the spread of coronavirus Hand Sanitizer was handed out in dallas as head of the mavericks game against denver on wednesday and most team owners were leaning towards the idea of playing in empty arenas this was the moment courtside when the mavericks owner mark cuban received the news that the n. B. A. Was perspiring and at the situation that he fully supports this is something out of a movie and you just dont expect it to happen in real life peoples lives are at stake and you know who are worried about my kids and my mom whos 80 years old you know and talking to her and telling her to stay in the house then i am about when we play our next game would. I dont know all the information but that just shows you how fragile everything is right now so its a prudent thing to do really go bare you know you think this is not going to affect us for the n. B. A. It one of our players has a crown of iris and you know who knows what that means for their team and the other teams that we know have been with them because go by was not at the arena the Oklahoma Department of health tweeted that the fans who attended the game and not at risk but the n. B. A. s patient 0 has shed the court with 50 opposition players since the start of march and 15 referees plus countless other match day staff there will be no more action until further notice with no guarantee this n. B. A. Season will ever get finished stokes aljazeera. Play will continue on north americas biggest gold so but from friday its one of us will have no spectators until at least april 5th over the course of around our players generally do socially distance themselves we felt like by taking this step to address the problem with our fans were in a position where we can continue to operate the events as of right now despite the growing chaos across the sporting world olympic gold and eyes insist their plans for the tokyo games havent changed on thursday the olympic flame was lit in greece the birthplace of the games spectators were banned from the event at the end of the month the flame will head to japan for it so its really like that the games are still set to begin as planned on july 24th 19 weeks before the Opening Ceremony we are strings and in this commitment by the many or soroti in sports organizations around the world who are taking so many significant measures to contain the spread of the corona of iris ok that is i suppose looking phenomenal lights. So to finish this news hour we have some pictures for you of italys world famous landmarks deserted because of coronavirus scenes like this are to be repeated over and over all across europe more countries are closing. Sentiment restaurants shops and it will likely continue. From aljazeera as london Broadcast Center to special guests in conversation the state the american state steps in and save compass unprompted uninterrupted people think that racism is having perth will vitriol towards black people and theres no understanding of what is to make racism is intimately reflecting on the issues of our time and i realized i was working for something i was evil and i had been a part of the creating at studio b. Unscripted coming soon on out there informed opinion the economy is actually whats keeping donald trump afloat right now and in jeff analysis of the days headlines the protest movement is only getting stronger the more people who kill the resilient the resistant they will become the inside story on. Zira. It could be the biggest land grab in history. As powerful nations lay claim to territories under the ocean 21. 00 geologists are secretly plotting new borders. As the struggle for resources intensifies some of the worlds most powerful scientists speak out. Oceans manakin on a 0. Aljazeera where every. U. S. Stocks plunge as coronavirus panic continues to grip Global Markets. Irish ill carry this out as their life and also coming up europeans are racing to beat strict new u. S. Travel restrictions that have been denounced by e. U. Leaders. Frustration grows in the United States over the governments failure to test enough people for the coronavirus also ahead responding to a deadly rocket attack on a coalition base the u. S. Launches a new round of air strikes in iraq