New culture. You are not a visitor nothing yet you want to become a citizen. In for migrants your platform for reliable information. A slim announcement ball soaring Financial Markets after mondays dizzying losses u. S. President trump promises quote major steps to battle these bragging coronavirus will be enough to gird the worlds biggest economy again but also on the program its a year since that Ethiopian Airlines jet crashed killing all on board family members gather for a Memorial Service of the size of the crash the tragedy compounded by what victims relatives describe as being way too little compensation. Im chris cuomo welcome to the ball around the globe investors are still wary after mondays shock trading session. The coronavirus and the steep drop in Oil Prices Remain big concerns for markets all prices are up by around 8 percent with russia now or not excluding negotiations with other Oil Producers over virus lead production cuts due to lower demand now european markets str
Paper used to be Good Business but off the china stop accepting trash from the west companies in europe are feeling the heat. This is you have your business im going to come after the massive beating markets took worldwide on monday stocks on the asian exchanges started to creep back towards recovery on tuesday saying it gained almost 2 percent israelian stock index a. S. X. Also regained some ground japans nikkei struggled all day to climb out of the criteria but was finally in plus territory by the end of the trading day and all prices which went down to 31 dollars per barrel on monday the lowest value since the gulf war in 1901 regained almost 7 percent. So lets go straight over to taipei where were talking to from our office there what what drove that recovery. Well asian markets. Frayed we lost a line that taipei threaten to restart was the connection a bit later in the show. But we can see to the next stop it today marks the 1st anniversary off the crash of these European Airline
A boeing 737. 00 max passenger jet last year. Im sorry so misconducts good to have you with us italy has expanded its response to the coronavirus by locking down the entire country italian Prime Minister Giuseppe Conti says that as of this morning travel restrictions will apply to the whole of italy and not just the north as before more than 9000 are infected with the virus and more than 460 people have died across the country. Empty restaurant chaz a common site now in italy which has extended its emergency coronavirus measures to cover the whole country public gatherings are banned only restaurants and cafes that guarantee customers can remain at least one metre parts can open and all must close at dusk on the eve of the bumped up measures taking hold the some diners the last evening meal outs for a while. Its least Prime Minister outlined the measures and took the nations youth to task. I am about to sign a decree that we can sum up with the expression i stay at home juris look. Bey
Is your Business Model for us in berlin welcome to global stocks are seeing a slight rebound from mondays brutal trading sessions coronavirus and the steep drop in oil prices durham a big concerns for investors but there are signs that some are reconsidering just how concerned they should be or prices were up by roughly 4 percent on tuesday to put that into perspective that follows mondays 30 percent plunge in prices due to a dispute between all producing nations stock markets in asia also all steadied on tuesday saying in hong kong the Shanghai Exchange in china and the nikkei in tokyo all closing with gains expectations that the u. S. Federal reserve might cut Interest Rates again help fuel that positive sentiment and that optimism extended to the opening of european markets where both germanys dax index and londons footsie both started with gains now help explain the recovery and discuss what might lie ahead and joined by our financial correspondent Chelsea Delaney in frankfurt and
Explode the slow the spread of the disease also coming after we visit the ethiopian family grieving the loss of their son in the crash of a polling 737. 00 x. Passenger jet last year. And political chaos in afghanistan 2 men are sworn in as president in separate ceremonies with neither recognizing the others claim to victory in last septembers contested election. Time sumi so misconducts good to have you with us italy has expanded its response to the corona virus by locking down the entire country italian Prime Minister says that as of this morning travel restrictions will apply to the whole of italy not just the north as before people are being told that they should only move around for work. For urgent house needs or in a merchants yes and they will need to carry documents declaring their reasons for travel now in italy more than 9000 have been infected with the virus and across the country more than 460 people have died. And the restaurant chazz a common site now in italy which has