Saying i think. But u. S. Lawmakers push for across party rescue deal to try to save the economy and that these markets dealing with their worst week since the 2000 make an actual quotes from. Their very good afternoon take the time to watch out international its kevin owen here for the next half hour with a recap of the news as reported by us to you of the last 7 days and one happening this weekend 1st to tell you about in croatia earlier today there was a 5. 3 quake in 2 aftershocks after it struck north of the capital zagreb a 15 year old who was found in the rubble of a building and is said to be critically injured in hospital will try and get the latest on that in the coming hours several others are reported to have been hurt got pictures next 4 years streets across the city there in zagreb litter. Bre significant damage to several buildings to the quakes reported to be the strongest in the region for the past 140 years among small the damage the top of one of the spires on the citys iconic cathedral collapsed apparently and there are also Power Outages and problems of Water Supplies in some areas the quake so worried citizens as mentioned come out onto the streets despite the current advice still very much stay indoors to tackle coronavirus the Croatian Army is said to help the city overcome the quakes aftermath we spoke soon after the ones are resident to share their experience with us because i dont have illiterate in my apartment theyre all i have to come to a part of my character to be able to now be quite human. Being and then i felt that in my heart breaking i mean my how bad the thoughts are who are 1000 out in. My apartment but you know when youre in this corona iteration and then everybody are thinking that you are not allowed to grow are out there or how you are thinking what to do that you go out there and them are in my neighborhood were all in front of the building policeman were also armed fathom why do you what work we do on we be together in our room we keep this. Horrible situation this morning. And one inescapable issue dominating everyones thoughts at the moment next coronavirus of course the latest as we know it is that its now claimed over 13000 lives worldwide with the number of confirmed cases that more than 314000 italy reached and passed a grim milestone this weeks a passing china as the country to have suffered the most fatalities currently more than 4800 people on saturday alone almost 800 succumb to the disease italy shutting down all production of nonessential goods. And in other moves the European Union seal that self off to travelers from outside europe this week as part of wide ranging efforts to stop the spread of covert 19. 2 limits to support of the various bubel we agreed to we enforce our external borders by applying coordinates temporary wish to action of known essential travel to the e. U. Folk you at or 30 do this. France has put the entire nation of 67000000 people logged army trucks have been seated in the streets of paris with large numbers of Police Officers having to be deployed as well to ensure compliance shallow dubin scale correspondent reports next on the nationwide quarantine in france. France is now on lockdown superrich to lock down that would be in force the government has talked about deploying 100000. 00 Police Officers to set up fixed points to check people who are in their vehicles the word from the government to everybody in france is to self isolate president mark one was incredibly clear when he came to the president ial address on monday night in fact the one thing that came through over and over in that process is that all sums on gas we are at war health war to be sure we are not fighting another army new another nation but the enemies there invisible and elusive. That decision came to the french took the calls to stay at home and self oyster late too lightly in fact while bowls and restaurants were being closed all around and many here in paris came out to the parks to picnic to meet their friends all to sit by the senate and do the same but. The government has announced new measures to limit new infections by limiting contact between people as much as possible to amplify the impact of this measures paris parks and gardens will be close to. The restriction these are really centered around self isolation so people have been told that they can leave their homes for very specific reasons that could be to go for a medical appointment it could be to top up on Food Supplies or it could be to go for a walk for Health Reasons anybody leaving their property has also been told that they need to look at this in pakistan so to say why maybe even some of those reasons that i just outlined anybody who is cool planting that law or is cool with going out for a walk just socialize with their friends rather than for Health Reasons could face a fine of up to 135 years. Old the message is clear stay at home these are containment measures similar to those in spain and italy all persons travelling must be able to justify their movements each person will have to carry a document certifying the reason for his or her journey. Was another casualty of the new stricter regime is the 2nd round the ring is a collections which will no be postponed but many had already criticised the government for allowing the 1st run to take place while sproles was under a partial lockdown. The makris are pushing the limits you do not say to 67000000 french people stay at home for an indefinite period on saturday evening but then on sunday morning leave your house and put your health and those of others in danger if the Health Situation got this bad losing thursday in today to the point of closing almost all businesses in makes no sense to hold these municipal elections they must be postponed because they cannot be held fairly. Holding the municipal elections is completely incomprehensible and contradicts the measures announced by the Prime Minister i hope that the government will take responsibility and change its mind as the lockdown began and many of you played this city possibly going to some of the homes to stay friends and family anything to be isolated in this time of emergency here france this idea of self isolation is something that many people fear many people who live alone the idea of not having that social contact face to face for a 15 day period is something that they dreading in fact Something Else that they dreading is the fact that the government has said its a 15 day minimum and that these could be extended but many people here in france just have no idea when their lives are going to return to normal charlotte people ski r. T. In paris during the lockdown blotch part of europe for china where the outbreak originated the tide seems to be turning a little at least till today the country has just recorded it domestically transmitted. But it did come after 4 days without any such thing the World Health Organization says other nations could learn from chinas example i will report later on how strict measures can make a difference thats later in the program. Focus on what the u. S. Is doing a particular gun economy then the knock on effects the u. S. Senates juda vote on a stimulus package later sunday to inject some sort of stability they hope into the economy after 2 weeks of plummeting stocks and mass layoffs a bipartisan deal hasnt been reached yet but reportedly its getting close Top Congress Leaders will get together later for their final discussions president revealed the initial plan on tuesday. By making shared sacrifices and temporary changes we can protect the health of our people and we can protect our economy because i think our economy will come back really rapidly one day well be standing possibly appear will say well we won and were going to say that sure if youre sitting there were going to say that were going to win and i think were going to win faster than people think i hope. Among the trillion dollar plus emergency measures on the table a tax rebate measures to help struggling Small Businesses one of the president s core ideas is to directly mail checks now to americans and it goes here it is a false apparently agreed to boost paid sick leave that was suggested initially made by the democrats when it remained a Sticking Point between them until recently between them and the republicans it seems theyve made some headway on the markets reacted positively to the news choose day with shares jumping slightly after it mostly though that those market says spent the week struggling very much with fridays closure marking the worst week since the 2008 financial crisis mortgages have a Senior Correspondent next today than explains whats going on in the worlds economy right now. Unless you majored in finance everything thats happening may seem a little overwhelming what is going on why are markets melting down while the bankers whirling around like headless chickens in a few minutes with this monopoly set ill explain why everything seems to be crashing and burning what the hell is a fiscal stimulus and why is everyone crazy about rate cuts 1st that said the pieces here are investors meaning millionaires youre middle class with modest savings your pension is here all of them have some money saved up these days you keep your money under your mattress you want to return it right interest a pretty good pension so you take this money and you put it in the banks pending how smart they are all how greedy they are they promise you x. Amount of profit per month the banks then go ahead and loan out this money to whoever needs it they drive our entire economy the new hotel built in your city the new jet purchased by British Airways the new hips the bar bill down the road from you your mortgage to buy your house comes from the bank so all this money goes into the economy to keep things running and here is how it runs every month these people make payments to the bank here every month the same payment goes back to the bank the bank then pays the investors the investors then put the money back into the bank this is obviously simplifying things but you get the gist of it its a cycle it all works great while it works but then something unforeseen happens like a mortgage crisis or a pandemic virus clubs and pubs are to be closed along with theatres museums do Sports Centers and Similar Establishments and retailers with specific. Sanctions. Now is the time to take extra steps were ordering the suspension of all retail activities with the exception of groceries pharmacies and other outlets selling fancy goods that suddenly mass shut down quarantine factories businesses come to a standstill people lose jobs stop paying mortgages suddenly people arent paying the banks back and the investors the markets your pension manager they start panicking that is their money stuck potentially lost they see the news pandemic they call the bank they say they want their money out pull my money out of the markets out of the dow jones out of b. P. Out of up all the markets crash but the banks dont have it here is where the government step in before this mass panic and a run on the banks the government say the magic word bailout Fiscal Relief lots of words but its the same thing the government pulls money out of thin air the money presses and gives it to the banks so that they can keep paying investors its all pretend play they just simulating that everythings fine by printing ridiculous amounts of money and passing it back and forth between each other the real economy the factories in the businesses these guys are in quarantine and shut down but the entire point of this little show is temporary live this illusion has to work for a little while weeks months to allow the economy to recover to prevent the banks from going bankrupt and recalling all this debt to help these guys get back on their feet and start paying their debts back you dont need to be a new to the economist or an economist to realize how how fickle how fragile this illusion is the collapse of the markets is a clear. Very profound statement that the entire Investment Community which is not the small few shares im talking about the people who manage ancient ones who manage banks worth following also and so on have a massive loss of confidence in the government the United States or in the private economy to get out of this disaster were running on borrowed time they cant keep printing money for too long or inflation goes through the roof money becomes worthless the illusion will eventually wear off even the most optimistic investors can only live in denial for so long and will realize that banks are living in a dream world then it all collapses see the world up until now has been weighing lives vs the economy for all the criticism and ridicule of the world through a child that they shut down everything sacrificed their own economy to keep the virus from spreading the west didnt the west ridiculed that dismiss chinas response as incompetent they tried to keep the markets happy rather than the people safe and what they got america and europe is the worst of both worlds and economy on the brink of collapse and the death toll fast eclipsing that of china. A sobering assessment there from a Senior Correspondent well infections are also blighting the corridors of power to the scene a lawmaker is only human in the day falling ill in several countries governments have been working on contingencies that to try to make sure the wheels keep turning. There are far more politicians who have been infected than you would have by statistical chance politicians are overrepresented in the number of people being diagnosed ive. For. In these testing times it was good to get some sound thinking i had to in the wake we sought out some perspective from one of the worlds leading thinkers renowned slovenian philosophers level likens the crisis to a wartime scenario but emphasized the need for Meaningful International solidarity to. East in previous cases people were thinking just about isolation and so on until one day i sure hope we are becoming aware that we kept cool in the unite that coordinate that way we are all the entire humanity in we stayed in the same boat the big loser i think will be but if sally nationality racist and so wont within our country took isolate itself until of course we need to get an inch and odette like for example take europe we should act in a united to a shell pinky trod that we could have great that street in mosques what they would eat whatever is needed and go on and so on i think that. In this sense we should be shaping reality in the middle of the military operation we should be im not here appealing to some kind of abstract sense of solidity its even in our interest in germany now. They will get an Even Stronger probably epidemic and go on and to want so it can think obviously that it is something that is demand from us but he decides if we think as a rational. Step well get that big step back and reflect what this our mole go through life how should we change it because we should be aware of why i dont think its not let me just go on galilee and into the month it will be over baby in this epidemic. In the fall that are that if the day me get out ill get a full article about what it was i think that even when things go well that it doesnt normally it would not be the same normally. We leave now were going to change oh mode of life. Ill choose day so the World Health Organizations europe director urged nations to take the strongest action possible to fight the pandemic and said the china had set a good example. The experience of china and august show that this thing. Called binds with social distancing measures. When put in place quickly and effectively prevent infections and say lights. As already mentioned in the program but earlier china turned a corner this week for a while anyway on wednesday it recorded no new domestic infections for the 1st time since the outbreak began and that continued indeed until earlier today we can report among 46 new declared cases all but one came from abroad chinas tough response to contain the spread of the virus was initially have recruit heavily criticized though of course along the way next on a quarter of ports it seems despite that many countries are now adopting similar moves remember when only china had to deal with the coronavirus the west had plenty to criticize about beijings handling of the crisis back then when europe and the us didnt have to get their hands dirty. Rights districts measures should also be implemented with consideration to the publics willingness to comply with government control efforts now that the critics are in the same situation that china was in just a month ago it seems like they werent creative enough to come up with their own solutions after the coronavirus ravaged europe governments across the continent started in forcing lockdowns people confined to their homes streets virtually empty just like in china at the height of the outbreak. Gatherings family get togethers and social functions will no longer be familiar working to meet friends in the park or on the streets will no longer be possible any elderly daredevils that venture out of their homes could face have to find or even a police baton and all the while militaries across the continent are mobilizing in switzerland its the biggest since world war 2 and in france army convoys are becoming a regular sight in the suburbs. Michael fauntroy. Although its not like they have many places to go the entire European Unions closed its borders anyway and on top of that theyll be under the watchful eye of those dystopian Police Drones just like the chinese ones that frightened more than a few in the western media the country taking some extraordinary measures to contain this Outbreak Police are using drones equipped with a public address system to tell people to wear face masks and stay indoors to stop the spread of coronavirus and drones are flying up to people in public and yelling at them for not Wearing Masks in fact were hearing of mask shortages drones soldiers lockdowns whatever communist china does it the western media loves to call it all off thora tarion ism but what even makes these measures democratic or not at a time of crisis shouldnt people be focusing on which measures are the most effective. Here in the wake the most. This was about misinformation spreading across the internet regarding the pandemic and the measures to contain it the mayors refuted claims that the capitals metro would be closed or the city would go into total lockdown and went on to reassure people about the supply of essential products and shops retailers to of try to come concerns by releasing video of their warehouses some chains say theyve got enough supplies to last for at least 8 weeks and that includes the most popular items that are being hoarded the russian industry and trade ministries also assured the public that Grocery Stores will remain open supermarket chains are reported an increase in demand for grain and Hygiene Products especially popular among russians is buckwheat he goes down off the situation at one large moscow supermarket the. Panic buying has become one of the key manifestations of the coronavirus scare all over the world so now weve come to one of moscows Largest Retail Stores parts of europe the shan chain just to get an idea as to how badly this thing is affecting the russians in fact were in the very same store that had previously introduced socalled apocalypse shopping carts preselected bundles of essential goods for about 45. 00 per carts was a one time action but it turned out to be a clear success because those cards have been already swept and theyre nowhere to be found but now lets have a look as to how world this particular end a very large store is stocked itself. Our 1st stop is well good old soap and the situation here is quite interesting because all the cheaper ones they have theyre gone like for instance here like 15 cents 30 cents buy the im not making up the prices these are actual prices on the soap here theyre gone but the more expensive stuff over here in abundance in fact let me show you one thing you can literally if youre. If you are in a panic situation if you are in a panic mood you can literally buy soaps in canisters like this is liquid soap 5 releases of liquid soap but were going to be opting for Something Different something. So. Particularly sensitive subject lately toilet paper while. Any type of budget any type of skin theres clearly enough for everyone and i feel like a plenty at home but for the sake of the experiment lets get some why not. Well this is trouble all right because were in the poultry section and the well its been ransacked there are people all around filming on their phones as well together with us whats going on here but the store has put up reassuring messages reassuring signs saying essentially that the products the products are on the way dont worry if you havent found what you wanted here it will be here we will restock it in the nearest future together with the supplies were doing everything to maintain the needed stockpile. Cheap for me like chicken or turkey more expensive me like before the poor while its gone just some of the most expensive stuff is here but here nothing. Well judging by the amount of sweets next to me one thing can be said with certainty children are definitely not panicking and can be an example to us all. Well this is of course just a symbolic cut its not really serious but if i were to go all in and defy wanted to get everything that i needed for a Nuclear Winter scenario so to speak i would have had very very few problems with doing so and even with that said supply is have been talking a lot and posting photos and videos of their storage is really filled up to the brim with produce saying that there is literally no reason to panic about whatever whatever empty shelves that weve just seen while they will be filled up there will be back fully stocked so right now it looks that the appetite for panic buying here at least among muscovites is not that strong. Good to hear a little bit of good news maybe the weeks big stories as dictated by coronavirus unfortunately for now you know kevin i would say thank you for watching on Channel International law next various programs for you and your part of the world after this break. Geysers financial Survival Guide liquid those that you can convert as quite easily. To keep in mind though as its me into a place in. Order. Thanks. Thanks thanks. Thanks. Thanks. For the last post lets call it up