A grim milestone suppressing chinas death toll from the coronavirus despite a near total lockdown cases keep mounting. Also coming up for men executed in india punishment for a gang rape on a delhi past that put the international spotlight on violence against women in the country. Im monica jones in berlin good to have you with us. The worldwide death toll from the corona virus has surged past 10000 and as infection spread the United States biggest states california has advised its citizens to stay at home california governor Gavin Newsome says residents have to severely curtail their movements to prevent the Health System from being overwhelmed by kovac 9000 patients theres a mutuality and theres a recognition of our interdependence that requires of this moment that we direct a state wide order for people to stay at home that directive goes into force in effect this is evening and we were confident we are confident that the people the state of California Well abide by miss is a moment
Order comes as the u. S. Warns against all overseas travel and citizens abroad to return immediately. Also coming up india execs executed 4 men convicted of gang rape many celebrated the move as long overdue justice against Sexual Violence in the country. Monica jones and berlin good to have you with us. The worldwide death toll from the corona virus has surged past 10000 italy is reporting more deaths from the corona virus than any other nation in the world at least 3405 people have now died from the virus in italy the country has recorded over 41000 infections the region of long body in the north of the country is the west hit so many people have died today in recent days that cemeteries are no longer able to cope and doctors issuing urgent appeals for help. Italy is racing against time to provide more intensive care beds like this here in rome the newly built columbus coded to unit is already taking patients and more dedicated hospitals are on the way officials fear the dire situati
Quote, dont go to crowded places. Look, thats going to slow the economy. We dont know by how much. Remember, friday, larry kudlow was on the show, told us that targeted stimulus is being considered. The fed is being urged to take steps, too. Were watching for any announcement. Heres the other big problem. The price of oil is tumbling. The saudis have launched a price war, promising to flood the world with a glut because russia wouldnt agree to production cuts. American drillers will take a huge hit. They cant make a profit at 30 bucks a barrel. 31. 89 right now. Look at this. Money pouring into treasury securities, pushing the yield way down to yet more record lows. Takes your breath away. We were down to 0. 31 at one stage. Now we are 0. 41 . Extraordinary. It has to be said, the United States is in a better position to weather this storm. That jobs report was a blockbuster. Look at italy. Its locking down a quarter of its population, locking it down. That lwill ensure a deep recessio
Moving news from all around the world from frankfurt, to london, taiwan, our bloomberg two iowa, our bloomberg voices are on the ground. Commodities leading the charge for the quarter. Here for more is bloombergs sonali basak. Income net interest coming in above analyst expectations is a great thing for bank of america because it shows the bank is doing what a bank should do. That is loan growing, deposits growing. Investment banking mergers and acquisition fell short than expectations, but we are seeing that across the board. We want to see confidence among corporate clients now that we know consumers are holding steady. Alix what were some of the worries through the quarter . Sonali the expenses were up, but bank of america was a costcutting story. Something we are hearing from all of the banks is the propensity to keep investing because the cycle is getting competitive at this moment. Alix thank you very much. Now i want to go to the latest on trade. President trump is ready to sign
This country as. Children its christmas time. Dan what do they wished for. For themselves their families their friends and even that animals. Cant fly. What are their fears and waters. First can you understand. What do they want to know about the christ child do they believe. In me. And where does the christ child lives. She doesnt know she says only mummy and daddy know that. Children sent thousands of letters to the christ child in him a start in germany every year the towns name means heaven city thats why weve taken a look at a few of them 1. Christ child im and im the one years old i want to cooking class for christmas. And i went in r. T. E. Many nice things for a long time because we were very sick mayberrys name meats that wasnt fully cooked. Like those things so much fish. No not so no honey she recalls almost us. It was terrible shock. Liza and 6 year old you were both had leukemia almost at the same time. Liza met you here her brother david and their parents at a Christmas P