Whats at stake. Also in the programme. The Global Market sell off continues as President Trump fails to reassure investors with his measures to help boost the worlds biggest economy. And ina boost the worlds biggest economy. And in a few hours, all eyes on the European Central bank. What decisions will it make when Interest Rates in the eurozone are already at nearly zero or even minus . And will be getting the inside track on the issues coronavirus raises around sick pay and self isolating. Today we want to know, are your travel plans disrupted by flight bans and cancellations . Have you booked a holiday that is now of limits . Use the hashtag bbcworklife. So we start with the announcement that came in the early hours this morning here in the uk. President trump saying travel to america from 26 European Countries, not including the uk and ireland, will be suspended to try to tackle the spread of virus. In a televised address from the white house he said strong but necessary action was needed because a large number of americans had contracted the virus after coming into contact with people from europe. The new rules will go into effect from midnight on friday. It does not apply to us citizens. Meanwhile, an American TravelAssociation Says it could cost a lot to those obviously who are planning travel, who have got travel destinations. Lets talk this through with Victoria Craig, part of oui through with Victoria Craig, part of our team through with Victoria Craig, part of ourteam in the through with Victoria Craig, part of our team in the bbc Business Newsroom. Victoria, tell us more about Donald Trumps measures. These measures apply to people travelling within the last 14 days to countries within the last 14 days to countries within the last 14 days to countries within the schengen zone, italy, france, germany, and that is because President Trump feels europe and these countries in particular havent ta ken these countries in particular havent taken the necessary measures to prevent the spread of coronavirus. For example, italy has the highest number of confirmed cases outside of china. The german chancellor Angela Merkel yesterday warned 70 of the country could be impacted and contract the virus. Casesin impacted and contract the virus. Cases in denmark have increased tenfold since monday. He isjust worried about trying to contain the spread of the violence and applying these travel restrictions to the schengen area. To be clear, it doesnt apply to us citizens . We have heard a lot from reviewers in the us getting in touch and saying, hang ona the us getting in touch and saying, hang on a second, what does this for us . It doesnt apply to us citizens. They will still take precautionary measures, so there may be extra screening at airports, but citizens from the us can still get back into the country and it also doesnt apply to legal permanent resident and their families. It also doesnt apply to the uk, ireland and the country is not included in the schengen area. When it comes to goods, trade, again confusion about that. In his speech from the oval 0ffice that. In his speech from the oval office it sounded like goods were also included but then he later tweeted to say it would not impact trade. Exactly, it is not on goods coming into the country, but only limited to human travel, people wanting to come into the United States from countries within those 26 European Countries. Like you said, he clarified on twitter after the formal 0val said, he clarified on twitter after the formal Oval Office Speech and they also should a president ial Statement Last night clarifying it does not apply to goods coming into the us. Victoria, thank you very much, Victoria Craig from our Business Newsroom. 0ver much, Victoria Craig from our Business Newsroom. Over to you, karin. Thank you. If you are travelling or have a journey coming up travelling or have a journey coming upi travelling or have a journey coming up i might it affect you . Jill from jetsetjourneys is with us. Widely speaking, if you have travel insurance, is coronavirus covered . For the most part almost every policy would cover basic cancellations but lets say for example with the flight ban in italy, most insurance policies would automatically cover that, but what would not necessarily be covered are all of the extras around it, and also if you had to go into quarantine. Policies that have travel disruption cover, if you are in the uk, that is, uk policies, they would cover that. Make sure your policy has that, and in some cases you can add it on if the destination you are thinking of going to is currently for example fine, not on the Foreign Office all but essential travel list, so if you dont have it ask your insurer and add it if you can, or possibly switch to a better insurer. Can i just say here, because we have quite a few questions from viewers and this is a similar one to what karin asked you. This one. What happens if the airline i am supposed to be flying with goes bust . A lot of concern about the viability of some airlines at the moment . Most of the uk airlines are in pretty strong situations. Obviously we had flybe recently but the Major Airlines are financially quite strong. But other airlines around the world, and there might be smaller ones in europe that do unfortunately suffer from this, you would, if you are travelling in and out of the uk you are by something that means if your Airline Goes Bust and you have booked a package holiday, that would cover you, but if you did not then the airline, sorry, you then have to rely on your travel insurance and thatis rely on your travel insurance and that is where that cancellation cover co m es that is where that cancellation cover comes in. There is something called in the supplier failure, and you would have to rely on that. Most policies include that, but again check it includes end supplier failure. Worst case scenario, go back to your credit card and claim on something called section 75, which will cover you both for the flight which will cover you both for the flight you cant take and consequential losses. If you have booked on that credit card for the travel. Thats right, yes. You are talking about cases when things are cancelled on you or if there is government advice not to go anywhere, or a flight is cancelled on you, but what about the grey areas . If you are going somewhere not currently on a list and flights are not cancer but you dont think it would be a good idea to go there and potentially get trapped for 14 daysin and potentially get trapped for 14 days in quarantine, where do you stand . Legally and technically in most contracts, if you just choose not to travel it is called this inclination to travel and almost nobody is required to refund you for that, but the travel industry has come out and is being really flexible, so most companies i have spoken with, whether travel agents, even many of the airlines, they are being surprisingly flexible. Even if the terms and conditions as you cant cancel for this it is worth calling or doing an online chat and asking them, they will allow you, to move your flight or trip to either a different destination or different date. Jill, thank you. Many questions. Another one. Worried about getting stuck in new york. That is a valid concern. Thank you for your tweet. Without know where youre coming from so cant advise on that. A lot of information and helpful tools on our website, so ta ke helpful tools on our website, so take a look. A whole section on travel and coronavirus. Do look bbc online. Samira hussain has more in new york on the us market impact. This may have been the day when the bulls finally left wall street. The Dow Jones Industrial average index leading us stocks is now 20 below its last high, making this a bear market. Fears of what the coronavirus will do to the us economy are intensifying. Youd be hard pressed to find anyone with an optimistic view of us stocks here at the stock exchange. As the us economy slows in the face of the pandemic, its hard to find any good news for american companies, and the bears take over, American Voters and investors are waiting anxiously to hear what, if anything, us President Donald Trump can do to help. Speaking from the oval office on wednesday, mr trump sought to reassure wall street. Our banks and Financial Institutions are fully capitalised and incredibly strong. Our unemployment is at a historic low. This vast Economic Prosperity gives us flexibility, reserves and resources to handle any threat that comes our way. This is not a financial crisis. This isjust a temporary moment of time that we will overcome together asa time that we will overcome together as a nation, and as a world. To soften the economic blow, the president said he would delay the tax filing deadline for those impacted by the virus, cut payroll taxes, and make low interest loans available to Small Businesses. But the latter tonight measures still require the support of a very divided and very polarised congress. It will be several months before the full economic fallout from the coronavirus becomes clear. But one thing is certain. And ericas longest bull market has come to an end. Samira hussain, bbc news, new york americas longest bull market. Lets look at what has been going on as far as Asian Financial markets are concerned. Christine hah is in singapore. What was going on today . One of those days where you literally see red across all the indexes here every single index, barring mongolia, i might add, has traded down today. Some of the worst hit, thailand and the philippines, with more than 9 drops for the day, but indian and australian markets are also seeing levels not seen since the financial crisis. A lot of that of course is driven by the increased travel restrictions after the World Health Organisation called covid 19 an official pandemic, but how big this can get, the worry of that is perhaps the biggest reason for the sell offs. Governments here have already been introducing stimulus packages to help boost Economic Activity in the shorter term and the us did the measures announced overnight to help Small Businesses and here in asia we have already seen hong kong distribute cash hand outs, and singapore said today it will consider dipping into past reserves if needed. The last time it did that was during the financial crisis. Thailand also announced a 12 billion package, including soft loa ns 12 billion package, including soft loans and tax benefits, and australia today in its first stimulus package again since the financial crisis will pump some 11 billion into wage subsidies, one off welfare cash payments, and support for Small Businesses. All of that may provide relief to markets and businesses in the weeks to come, but for i now the potential for a businesses in the weeks to come, but for i now the potentialfor a global recession and also really the uncertainty as to how long this pandemic will last is likely to keep markets subdued. Subdued are in dire straits. Thank you, christine. Lets ta ke straits. Thank you, christine. Lets take a look at some of the numbers. That was the scene in asia. Look at australia. All 0rdinaries, the five Australian Companies listed in that index, their worst day for a long time, down 10 . Japan and hong kong closing down significantly. Looking at europe they quickly dont like they have been trading for nearly 45 minutes. The ftse 100 they have been trading for nearly 45 minutes. The ftse100 is down over 596. Minutes. The ftse100 is down over 5 . Carnage again today. In paris, you see, all of them down over 5 . It would seem that on trading floors investors are it would seem that on trading floors investors a re not it would seem that on trading floors investors are not convinced that all this action on the parts of governments and Central Banks will pull them out of the mire when it comes to the impact of coronavirus. Lets take a look at some of the other stories making the news. The European Central bank is under pressure to respond to the coronavirus pandemic as it meets in frankfurt today. Key eurozone Interest Rates are already in negative territory with many already in negative territory with ma ny a nalysts already in negative territory with many analysts also suggesting the central bank may offer cheap loans to small and medium sized firms, trying to help them weather the impact of the outbreak. Chinese Airline Passenger numbers plummeted last month by almost 85 . The countrys aviation regulator said it cost a 3 billion fall in revenues. Earlier this week the Chinese Government announced fresh measures to support its struggling airlines. Staying with airlines, the number of passengers using germanys biggest hub airport frankfurt have tumbled. The airport sits passenger numbers declined by 14. 5 in february in a year on year basis. Talking of travel hubs. Lets show you the live shot from milans Central Station, normally one of the busiest stations in europe. Right now just one of the busiest stations in europe. Right nowjust a handful of passengers who presumably have special documents permitting them to travel through milan Central Station and get on a train somewhere, but those documents are being checked vigorously, because the nation is under a countrywide lockdown, entering its third day. 12,000 confirmed cases in italy, and 827 deaths due to the coronavirus. So they three of a nationwide lockdown. We have also been looking at the level of disinfection of Public Places like milan Central Station day three. That concourse there would normally be heaving with people on a busy weekday morning. You can see the difference that nationwide lockdown is making in milan. As you would expect, the look at our newspapers dominated by the coronavirus and its impact. Joining me is kate robertson, who is the co founder of global youth forum, 0ne young world. The independent, you selected. Donald trumps travel ban took many by surprise. I think it is a confusing statement. Two things here. One is to look at the United States, and the president saying we have the greatest economy in the world, ever. Yeah, really . 3040,000,000 world, ever. Yeah, really . 30 40,000,000 people who have no access to health care. I think four people in the uk and europe, to imagine life with no access to health care, you cannot go to a doctor or hospital and say, help me, they will turn you away because you dont have insurance. To me it is almost like. We have you got that data, just out of interest . 30 to 40 million americans dont have access to health care . I was looking it up online and even after the affordable ca re online and even after the Affordable Care act. I saw different numbers, one was 30 million, one was 49, then they talk about elderly people not having access to health care. Either way, if you one was 40 million. Even taking the lower number, it is terrible. People not being able to dial 111 or anything. The confusion is about whether people would get a free test or not, because there is lots of different comments coming from people in government in the us about what provision there is but when it comes to the guardian. That was the independent looking at President Trumps speech on the oval office, but the guardian was looking at the budget, called the coronavirus budget, in the uk on wednesday. The chancellor dotting the government has done everything it can in saying the nhs will have all of the resources it needs. But i think there is a question on support staff, nurses, you cant take the europeans out of that mix. Where are we without european nurses . Here was an opportunity for business. Business can take the lead on these kind of things, but we need to look at covid 19 and go serious people in business and government, show some leadership and realise, this is how it feels for a population when they face a risk they cant control and there is uncertainty. This is what the impact of Climate Change will look like over the next five, ten, 20 years. This is how it feels. What other things you are going to need . You will need big leadership, and i think thats a question for every government the world today. Are you really are leader . Because people need to look. Look how the population are looking to government as well as business. Kate, will have to leave it there. Thank you very much. Lots more to come. We are going to look at the issues coronavirus raises, what benefits you can get when it comes to self isolating, if you are self employed, or so called gigster. You are watching worklife on bbc news. Now not only is coronavirus threatening our health, its also keeping many of us from public spaces and thinning store traffic. Intu, which owns some of the uks biggest Shopping Centres, has posted a massive lust. Loss. Catherine shuttleworth is the chief executive of retail analysts, and shejoins us. This is huge . And she joins us. This is huge . Yes, huge, and they have had a really difficult couple of years and the results this morning are really concerning about how they move forwards. What do you think the outlook is . Because a £2 billion loss, as you say that is huge. And the situation with coronavirus will not be resolved anytime soon . No, andl not be resolved anytime soon . No, and i think that is the problem, that we are going into a new area of massive uncertainty where Consumer Spending will be absolutely decimated by this concern around coronavirus. But the results we are seeing are behind us, from the four coronavirus hit. I think there is a really concerning future for this business. How do they reinvent these spaces . They are talking about putting hotels and office blocks within these Shopping Centres to mitigate the retailers that are leaving them some of them have been pa rt of leaving them some of them have been part of it. I think the reality is we will have less Shopping Centres overtime because more of us are shopping online, which we have discussed, and we all know what is going on in terms of the way we are changing ourspending. Going on in terms of the way we are changing our spending. What is worrying isjust how fragile Consumer Spending is, as we are seeing now going into the kind of concerns seeing now going into the kind of concerns around what might happen with coronavirus. Just briefly come ina with coronavirus. Just briefly come in a couple of sentences, how optimistic are you about the outlook for the next couple of months at least . I think we have a very trying couple of months i had and what retailers are lots of businesses will be doing is really battening down the hatches and seeing how they can batter this storm. For some that will be very difficult, but people are not going to spend money they dont need to spend and are certainly not going to be going out to stores for a browse at the weekend. That is going to stop. You can see that now. Football has falle n very can see that now. Football has fallen very sharply and Online Shopping is on the up. Catherine, thank you very much. As i mentioned before, lots of information for you regarding coronavirus. This one. What is the risk of flying or taking the train . This is reality check for you. Youre watching worklife. A reminder of our top story President Trump has announced a travel ban to america from 26 European Countries, to be put in place from midnight on friday. It is not for us citizens. It is not for us citizens. It applies to foreign nationals going in and out of the United States from those countries. As the number of cases continues to increase, freelance and contract workers around the world are increasingly worried they wont get paid if they have to stay home. The issue raises the fear that those self employed will be forced to continue working whilst sick. The uks 5 million self employed workers dont get sick pay, but can claim up to £79. 46 a week in benefits from the government, although they may have to wait up to five weeks for payments to begin. In australia, meanwhile, there are 3. 3 million self employed workers who dont receive sick leave entitlement. When you look at the us, one in four, more than 32 million, have no paid sick leave, including notjust employees but also the vast number of the countrys self employed staff. Professor suzanne rab, is a barrister at serle court chambers. Can you outline this and whether there have been any changes since there have been any changes since the coronavirus epidemic . The benefits to workers depends very much on whether you are an employee, and then you should be entitled to statutory sick pay if you are asked to self isolate, but for those operating in the twilight of the gig economy where they are generally self employed, the coverage is quite patchy. References made the employment and support allowance, and again that is quite short of the average wage in the uk, £500. That is £500 a week . Yes, 73 times a week is £500 a week . Yes, 73 times a week is not a sustainable option. £73 a week is not a sustainable option. As you say, really patchy economy for those self employed or so called side might. We looked at australia and the United States. It depends so called gigsters. It depends on where you are, but lots of Companies Like delivery have made bold promises to us in the media but whether you are able to claim that is another matter deliveroo. Whether you are able to claim that is another matter deliveroo. Yes, notjust in the uk, but the ceo of qantas has agreed to take a paid holiday for a year to take a year to get my support. Again, if you are renting this is no answer. Are there other countries in the world which provide a particularly good example of how to tackle this issue . Looking across europe, there is no harmonisation across the eu member states. There are varying degrees of statutory forms of sick pay. The most vulnerable, would you argue, are perhaps in the United States . We mention some of the figures there. For them, what position would they be infor for them, what position would they be in for the self employed . For them, what position would they be in for the selfemployed . Very patchy again. It varies by state. A long political debate about whether there should be a minimum level of support. Do you believe there is a concern that people who feel they may not be covered or may not be able to get these benefits. I mean the bureaucracy in the process of getting universal credit in the uk is known to be pretty bad, that they will just continue to is known to be pretty bad, that they willjust continue to work even if they think they might have coronavirus, because they cant afford not to . This is the risk. We are focusing on the economic and personal impact of this, but fundamentally if it is just too much hassle, too much of a risk, then there is a real concern that people will not be forthcoming about their symptoms and just continue working because they have to put food on the table. Ok, thank you very much, professor suzanne rab, we appreciate your expertise. There is currently alive and answer live question and answer section online about the coronavirus. Take a look at our website today. That is all from us for today. There will be more Business News throughout the day on the bbc live web page and on World Business report. Well see you again tomorrow. Good morning. Yesterday we had temperatures once again in the mid teens across the southeast and today it will feel very different to that. A much chillier wind blowing for all of us. With that, some sunny spells and showers. The showers this morning have been quite wintry over the Higher Ground of scotland, with colder air the Higher Ground of scotland, with colderair in the Higher Ground of scotland, with colder air in place. But you notice how that colder air has now moved out of the south east of england. It is all behind a weather front which brought outbreaks of rain through the night as well. An area of low pressure just towards the west of scotland will bring more frequent showers and also some strong wind across these northern areas. The showers will still be wintry over Higher Ground. We have had some ice this morning. Further south, a good deal of dry and bright weather to start the day but showers starting to get going into the afternoon. All of us at some point may well catch a shower, the most frequent showers across the north, where there will also be some strong wind, particularly northern ireland, southern scotland, Northern England and north wales. Gusts of potentially 60 65 mph. Temperatures for scotland and northern ireland, no real change to yesterday but down to the south east, a bit fresher, 11 celsius. Through tonight, we continue with the showers drifting south and east, again, wintry over the Higher Ground. It will still be quite a cold night, in fact, some frost and again the risk of some ice across scotland and the far north of england. Further south, not quite as chilly. It is down to about 4 6. On friday morning, the wind is much lighter, a bright start to the day with a small ridge of High Pressure before this next weather system starts to move in from the south west. Gradually, the cloud will increase throughout friday after a sunny start, a cloudy afternoon expected. One or two showers drifting their way southward towards parts of north east england, rain starting to move into south west england, south and west wales later in the day. Top temperatures on friday about 6 10 or 11. Into the weekend, the weather system will move its way through and then we have got another one hot on its heels as we go through late saturday and into sunday. Again, strengthening wind for a time but the rain spreading its way south and eastward. Then a ridge of High Pressure building behind that. So over the weekend, there will be rain at times, particularly on saturday night into sunday. There will be some showers around on sunday with some sunny spells. Maximum temperatures over the weekend, about 9 12. That is all from me. Goodbye. Youre watching bbc news at 9 with me, annita mcveigh. The headlines. President trump suspends travel from 26 European Countries into the us, not including the uk, in a bid to combat the spread of the coronavirus which has killed 38 people there. In italy, all shops except food stores and pharmacies will be closed as it strengthens its lockdown due to the virus. The government here prepares for an emergency meeting. Its expected to announce stepping up its response, to delay the spread of the virus rather than containing it. And coming up injust a few minutes, well be answering all your questions on coronavirus in a special programme