Lawmakers pushing for a cross party rescue deal to try to save the economy there as the pandemic leaves markets dealing with their worst week since the 2008 financial crisis. Hi there very good evening thanks for tuning in to our Teams International live from our h. Q. Here in moscow is kevin owen here for the next half hour with our usual weekend recap of the big stories as reported by us to you for the last 7 days i was starting with iran in croatia earlier today a 5. 3 quake and then 2 aftershocks struck north of the capital zagreb local media say that a 15 year old who was found in the rubble of a building there is in a Critical Condition in hospital several other people are reported to have been hurt. What you seeing there the moment the 1st tremors apparently kicked in caught by c. C. T. V. Inside the shop we think streets across the city have been littered with debris theres been significant damage to several buildings reported to the quakes reported to be the strongest in the region as a mention in the headlines of the past 140 years among the damage the top of one of the spires of the citys iconic cathedral collapsed there also Power Outages and problems with Water Supplies in the area the earthquake so worried citizens rush it onto the streets that despite the current advice to stay indoors to tackle coronavirus the creation army is set to help the city overcome the quakes aftermath soon after it happened we talked to one zagreb residents who shared here experience with this. I dont have electricity 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 of my apartment but you know when youre in this corona its relation 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 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 this morning well bring you more on as we get it no next one inescapable issue dominating everyones thoughts right now coronavirus ive got some latest stats for you this evening the latest on that is that its now claimed over 13000 lives worldwide with the number of confirmed cases at more than 314000 italy reached a grim milestone this week so often in the headlines again this time suppose arsing china is the country to have suffered the most fatalities currently more than 4800 people have perished on saturday alone almost 800 succumb to the disease italy shutting down all production now of non essential goods. In the week the European Union sealed itself off to travelers from outside europe as part of the wide ranging efforts there to stop the spread of covert 90. 2 limits to support of the various bubel we agreed to enforce our external borders by applying coordinates temporary wish to action of essential travel to the e. U. Folk to do it or 30 do this france has put the entire nation of 67000000 people are locked out army trucks have been seen in the streets of paris while large numbers of Police Officers have been deployed to ensure compliance of it now this is interesting to see came a few hours ago the effect the measures are having on for instance here the city of toulouse in the countrys southwest normally thronged would tourists the streets where you can see for yourself a totally deserted shallow dubin ski reports next on the nationwide quarantine. Fronts is now what looked at street raked lock down that would be in poor 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 is that promise is it will. We are at war health war to be sure we are not fighting another army new another nation but the enemies that invisible and elusive. That decision came after the french took the calls to stay at home late 2 likely in fact while bowls of restaurants were being closed all around them 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 people have been told that they can leave their homes for very specific reasons that could be too good 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 flouting that law or unschooled 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 that spain and italy all persons traveling must be able to justify their movements each person will have to carry a document certifying the reason he. Was another casualty of the new stricter regime is the 2nd round the ring is a collections which will now be postponed but many had already criticize the government for allowing the 1st round 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 was in thursday and 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 played to this city possibly going to some of the homes here to stay friends and family anything to be isolated in this time of emergency here francis 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 they just have no idea when their lives are going to return to normal charlotte people ski r. T. In paris during the lockdown will go around the world lets check all know things are doing here in russia lets talk to a virtue of the World Health Organization representative in russia delighted to have you here although pretty grim circumstances hey thanks for your time so looking at the latest figures in russia 367 recorded infections one death is that the true picture do you think or is it more them or would you think what if the problem picture is. To the best of our knowledge and the well child youre going to zation is in close contact with the help for if in garcia says the very beginning that means beginning of january practically we have seeing that the russian government has been using a combined approach to be commanded basically also by that while our gravitation im a constant risk so what were seeing now we believe that the wrong there are presenting the situation in the situation friends actually told the income our arrival from companies and areas that have been reviewed action r. T. R. That mean even if you be in a vice 1000 isolation for fortune by reason that i think testing of more than 160000 back. Some back to including the ttyrec that the thing that means that. Has been being was inconclusive. The can then be confirmed and we actually know i think these incidents all. Results and known for years. In the general hospitals we do believe that ms should be there i think sure feel nothing to do with the possibility that there are some cases that my son art. Chain all the infection that implies there is a massive information contained going off 5005 World Health Organization going to our house and forgotten as much as us explaining why it is important to keep the socialists and why is important to engage in the very specific interviewer why do you and how can we protect ourselves melissa when maude our love blossom only to one above the store those make the rounds a little while but there may be doctors have been misdiagnosed in cases is saying it was the most you have an old saying about being cold or whatever of you got any more info im up. Actually i have had several meetings and discussions help us our it is also on the subject mascara and what is going on is that your morning as that has no reason we are causative agent has not been conclusive all tested for i was as well if we had a massive infection now we see also thats arising and incidents arising answer us full timers are actually the logical authority 2 has been looking at the transform recent months or several years and there is no significant difference so to the last of the we are logical analysis i think we are in the right situation at the moment that never ignore them case every country is different weve seen the awful things that are happening in north italy as a worry about whats going to happen in britain next may be 3 weeks behind its a label that say every country is different why is russia doing so well bearing in mind ok its a huge country sparsely populated in parts but moscows hugely populated are you worried that they could be some sort of exponential growth here any time soon say 3 weeks off to britain. Basically walk me know is that and a contrary can this think i says its missing the index case to see the not all the c fry for tomorrow and every k. That is being come for i would have and i think i logical think that means for every person that the about passion to know and he says why we believe this is the right situation and there i could be sure i surely as i said ive russia started we be measures there we are. Before the famous come back anywhere and were not allowed my director general if you recall at the end of the january Emergency Committee and director general layered on the cal event of an 8 8 International Star even before di russia march a group looking at incoming patients. By and then regular Group Members assessment actually were things like all the 3 measures including some to list the things that we are meaning social distancing will go is it roy though do you think every country i suppose because the demographics of different and in every country in a population is different i suppose is it is it right the not one rule for role imposed is it right that every countries typing this in their own different ways more or less. Well if you must look at that mitchell recommendations every time i did that every country has its own assessment of the risk at that particular moment but it is developing in the same way either its no cases its sporadic imported cases chains that can be traced to each other or communities fright and this is where various spec aegis of measures are being applied of course countries which has been for them a graphic population well be seeing a search 2 of the us earlier also bans on the response of the Health System but no every country should know that the disease is such that you do not see to need there is a great of 6 to 14 days from traction. And massive information like occupation of baroness and measure something about them and including social distancing and isolation but then the next article i guess the next pope will be people who have already been locked down and gone through the worst to some of this they think so far as not knowing whats going to come next for instance in britain maybe here in moscow. Is there going to be an element of people are going to be taught of staying home theyre going to be rebellious about it you know its going to get nasty are you worried about the some within the law. Actually what i do and i want to welcome how theyre going to zation it drained out also having a package of measures and recommendations and guidelines and instruments for good people for Development Part of how Services Child support of people who are in isolation because i thought i should difficult it magically for people who are alone lonely hours or make you need social support so that you require a special actions i also now that in the Operational Team here in russia and in moscow they have also included psychologists that i cannot yank a measure the problem here can be how big a problem going to be looking up to Peoples Mental Health let me might be totally sighted just a bit but just getting stressed out about this is especially if you love to buy yourself and havent got a lot of family or speak to it could be very worrying him pray in your mind how youre going to cope without how the medical authorities are the w. H. O. Going to go with us as i said im going to show you a 4 hour stop yes i can turn the office this Country Offices in europe and many of them are in the uk down already working from home and it is difficult part of so we are becoming specific programs whether they are using the cations a mobile phones whether they sing the t. V. Whether they using the hotline to keep people in talks but keeping them safe thats going to be grabbing or can not come to being volunteer for example moscow has to have volunteers who are bonding to fix the hawk line static long lines and its not only people who have arrived programs and are calling all the Common People who have not traveled anywhere were just concerned were getting assistance and i do believe that we have got im. On the record because thats a very important and i also hope people can preserve their help in terms of noncommunicable diseases break your physical activity the animal ready putting her number out there that can. Now how. Close so many people have been laid off made redundant being told this services arent required anymore and its one thing to be off if youre in a staff job list all paying its another thing all for pressure to be at home thinking gosh am i going to pay the bills i know various governments around the world of various ways of trying to deal with the big question is youre the medical person how long is this likely to go on were hearing about lock downs maybe of 12 weeks now you know was this always really going to be on the cards we just werent told it. No it is very difficult to say and the so are people on the stand that isolation and stopping are contacts case action is conducted to sort of we can break the chain of the transmission this is all what also our director general dr tells us has been saying test in case of interrogation isolation social distancing the sort of a star from appropriateness already know. What should best guess on top. I am not most of them will say im sorry i cannot answer we actually wont let this be even know what china did it. Really well let us see we are learning as we are going step by step impossible to say lets brace ourselves lets use this time to the best that we can this is not last time Distance Time for us part of humanity and part of planet for solidarity is the worry of course say the. Keeper of the law its great to have you with us so just in one of a minute if i could take to pick your brain some new views i want to know some of these answers as well theres also this worry the ok maybe the local spread will go down if people stay in the homes for 12 weeks whatever however long you think its going to take and the worry is things get a bit buxom or no muleteer that all comes back up again is that a worry that that could really happen medically we are looking at the virus its a new virus we know the virus for a very long time and the scientists all working together to understand the lack of immunity to your calls d i do believe that in this global world you know have to learn a lot about personal hygiene about social distancing about all of that i have im also optimistic that very soon well hear from the scientists confirm. How what can beat this current i was whats he going to take on a vaccine that was going to be vaccinated with a. But that could be a year away or. Maybe now because of never really an intensive work although i on vaccine casting all all were doing well there are several important maxime producers including in russia are trying that because we need a safe and effective back. Plan in america this longstanding malaria vaccine that seems to be well its not really been tested he says it is always being rushed through to be tested but hes given the widespread thumbs up for the malaria. Medicine if you like is actually present to be any good. I dont doubt im not an expert in the past few years now but back then to get anything on that one there was a breakthrough or it is dr dr titus our director general who will announce it to the well immediately because oh im opening for research and development such that brings all the ranks together are so we do hope that this message joined of course youre going to be able to bring somebody new in the foreseeable time be nice to hear what i have to say voinovich the World Health Organizations representative in russia thanks for spending so much time with us and we live without International Support you show it and look after yourself as well thank you thank you. Ok its 21 minutes past 7 leaving out of moscow this hour to International Still ahead a look at how the coronavirus pandemic has impacted on Global Markets is big news but across it. As the democrats gear up to officially start their 2020 president ial primary it is fitting to assess Donald Trumps performance in office a report card of sorts where is he kept his promises and where has he come up short will any of this really matter and. Join me every thursday on the alex simon show and ill be speaking to us of the world of politics or business im show business ill see you then. Go. A little bit messed up by our d. N. A. And something way over. Im not sure that is such a great thing you know im sure you look better now than when you had hair. Well its nice of you to say so but i do i went when i was 25 years wasnt so great. Again exactly 23 minutes past the hour now so as discussed before the break the u. S. Senate is due to vote on a stimulus package later sunday to try to inject some stability into the economy after 2 weeks of plummeting stocks and mass layoffs a bipartisan deal hasnt been reached yet but reportedly its getting close to Top Congress Leaders will get together for their final discussions later President Trump 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 to you rapidly one day well be standing possibly up here 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 or tax rebates and measures to help struggling Small Businesses one of the president s core ideas is to directly mail checks to americans because she does have also apparently agreed to boost paid sick leave thats a suggestion made by the democrats which had remained a Sticking Point between them and the republicans markets reacted positively to the news for a bit on choose to at least with shares d jumping slightly but mostly the market so went through the week struggling with fridays closure marking the worst week since the 2008 financial crisis more guarantee of next gets is monopoly board hes our Senior Correspondent to explain whats going on right now in the world economy. Unless you majored in finance everything thats happening may seem a little overwhelming what is going on why are markets melting down while a bank is working around like headless chickens in a few minutes with this monopoly set ill explain my 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 dont 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 depending how smart they are 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 suctions. Now is the time to take extra steps we are 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 all 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 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. Around statement the entire Investment Community which is not the small people who have a few shares im talking about the people who manage ancient ones who manage banks what follows and so on have a massive loss of confidence in the government of 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. And sobering up some left most Senior Correspondent world guest of adding this bulletin is exactly how for pos 7 and leaving moscow time and bat with more throughout the week key post and all the twists and turns of corona virus as it comes in and any more news as well weve got time to tell you about and check it out so you dont come as well for the latest for me and the rest the team very good evening. You are no offense but you no longer
comparemela.com © 2020. All Rights Reserved.