Areas. This is wednesday, march 18, 2020 and our special coverage of the coronavirus outbreak begins right now. Good morning and welcome im Morgan Brennan u. S. Stock futures at a down open the Dow Jones Industrial average is indicated to open down more than 1,000, the s p is down 120. If we were to open right now and the nasdaq down 386. Looking at the major etfs that are tracking remember, these are not subject to any of those limit down figures which paused dow etf is down nearly 6 in the premarket s p 500 is down almost 6 . The qqq is down almost 5 . This comes after an almost 1,000point rally yesterday. Recouping the losses with he saw on monday after the massive new stimulus in the face of the coronavirus outbreak and slowing u. S. Economy hopes around stimulus. Boosting bond yields we saw some big moves in the treasuries the 10year back above 1 at 1. 95 . We have seen a steepening of the curve. Check out moves of oil as well wti now at its lowest level since early 2016 trading a
A trillion dollar stimulus plan to deal with the economic fallout of the outbreak that after u. S. Stocks suffered their worst for in over 30 years on monday. Im monica jones in berlin good to have you with us. Travel into europe the current epicenter of the coronavirus pandemic is being severely restricted European Union leaders have agreed on a 30 day ban on travelers entering the block the decision will affect most noncitizens and nonresidents of the European Union with some exceptions it will be up to each member state to implement the new regulations german chancellor Angela Merkel said the e. U. Would do whats necessary to protect the Publics Health and to the economy. All across Europe Movement is grinding to a halt in berlin chancellor merkel amounts that even travel into the e. U. Will now cease i mean the guy is enough or was. Traveling to europe from countries that are not part of the European Union under no Great Britain is prohibited with very few exceptions and. This ban
Focusing on protecting our citizens. Giving them the health care that they need and aspiring as well to mitigating the impact on our economy as much as possible. At least to the extent that we manage this is best as we can doing the best we possibly can here this is something thats been confirmed by everyone involved answer germany. Is in a good team with the other Member States if you like before that we had a Video Conference between president adly one person. Boris johnson and myself where we discussed the situation in syria. I believe this was a very useful talk we looked at the humanitarian situation in libya and the options to offer a hear what germany has here mark spitz. 25 plus 1000000 euros for humanitarian aid this is money that we want to see turning into aid that reach people quickly we very much welcome a temporary cease fire and the turkish president talked was about the common patrols along this for transport. Infrastructure near it but we have also encouraged the polit
Look at my genius is hans way to bring you more on conservation. How to make cities scream. How can we protect habitats. We can make a difference. Good morning to you as the environmental c recently moved to 3000 on t. W. And on the. U. S. President wants to send a check to every american and hes got support to look at the proposed 850000000000. 00 stimulus package in the u. S. And help other nations are scrambling to keep individuals and businesses afloat amid the pandemic. Also on the show auto giant styler a volkswagen and ford are shuttering most of their european production over the crowd of harvest. And as equal pay day comes around again we look at how stony a is trying to end the gender pay gap by training. Young girls in i. T. This is your Business Report im stephen beards in berlin its good to have you with us the Airline Industry could collapse without significant help from the worlds governments and thats the dire message from the International Air transport association its
Are now on the streets president telling people to stay home or face the phone and in washington d. C. The travel industry should wants 800 50000000000. 00 in emergency spending to boost the economy and to reassure stock markets spooked by a collapse in Economic Activity and this summers european football championship postpone announcing the popular tournament will be held in june of 2021. Im bringing off to our viewers on p. B. S. In the United States and all around the world welcome the European Union has declared a 30 day ban on people trying to enter the e. U. In an effort to stop the spread of the coronavirus thats according to german chancellor Angela Merkel who spoke. Short time ago here in berlin she says that europe is determined to address the crisis and do whats necessary to protect Public Health as well as the continents Economic Health and medical hold a series of video conferences with other european leaders today to discuss the coronavirus pandemic. The theft of us feel