Countries around the world are struggling to keep up with the coronavirus pandemic Global Stock Markets have had a turbulent week with some of the worst losses and i would 30 years so whats the economic fallout and calm a global recession this is inside story. Hello again im james burke says its the worlds Biggest Health emergency the corona Virus Outbreak is now a pandemic and there are fears it could lead to a catastrophic Global Economic crisis sweeping containment measures have disrupted markets around the world including the u. S. A travel ban on 26 European Countries came into effect on friday and the unprecedented move sent stocks crashing to their worst losses in over 30 years on wall street the Dow Jones Industrial average sank 10 percent on thursday its biggest plunge since the black monday crash of 1907 while european markets showed some signs of recovery on friday throughout the week Global Stock Markets saw their steepest decline since the 2008 financial crisis wiping out
A catastrophic Global Economic crisis sweeping containment measures have disrupted markets around the world including the u. S. A travel ban on 26 European Countries came into effect on friday and the unprecedented move sent stocks crashing to their worst losses in over 30 years on wall street the Dow Jones Industrial average sank 10 percent on thursday its biggest plunge since the black monday crash of 1907 wiping out billions across the e. U. And asia pacific the Airline Travel and Hospitality Industries are also expected to be hit the worst and theres been a slowdown in manufacturing particularly in china where the outbreak originated and the crisis has led to all we can demand for oil but it crashed further after a dispute between saudi arabia and russia on prices and production. Well lets bring in our guests to discuss this further in washington d. C. We have pedro de coster hes a Senior Reporter at Market News International joining us on skype from brussels haas circle the marque
Countries around the world are struggling to keep up with the coronavirus pandemic Global Stock Markets have had a turbulent week with some of the worst losses in over 30 years so whats the economic fallout and can a global recession. Story. Hello again im James Burrows its the worlds Biggest Health emergency the corona Virus Outbreak is now a pandemic and there are fears it could lead to a catastrophic Global Economic crisis sweeping containment measures have disrupted markets around the world including the u. S. A travel ban on 26 European Countries came into effect on friday and the unprecedented move sent stocks crashing to their worst losses in over 30 years on wall street the Dow Jones Industrial average sank 10 percent on thursday its biggest plunge since the black monday crash of 1907 while european markets showed some signs of recovery on friday throughout the week Global Stock Markets saw their steepest decline since the 2008 financial crisis wiping out billions across the e.
Countries around the world are struggling to keep up with the coronavirus demick Global Stock Markets and how to target a week with some of the worst losses in over 30 years so whats the economic fallout and kind of a global recession. Story. Hello again im James Burrows its the worlds Biggest Health emergency the corona Virus Outbreak is now a pandemic and there are fears it could lead to a catastrophic Global Economic crisis sweeping containment measures have disrupted markets around the world including the u. S. A travel ban on 26 European Countries came into effect on friday and the unprecedented move sent stocks crashing to their worst losses in over 30 years on wall street the Dow Jones Industrial average sank 10 percent on thursday its biggest plunge since the black monday crash of 1907 while european markets showed some signs of recovery on friday throughout the week Global Stock Markets saw their steepest decline since the 2008 financial crisis wiping out billions across the e
Murphy who isinne pig. Reporter were starting to see holes open up in the clouds a bit. 36 degrees right now, though in philadelphia. 31 in allentown. We have slipped below the freezing mark there, and pretty much the same story in trenton reading and lancaster. 35 in millville. With winds streaking in from the west it feeling like 25 degrees in philadelphia. Good to have the extra gear. Clouds start out thinning out quickly and well wind up with lots of sun, 31 degrees at 1 00 p. M. High of 42 degrees, with the winds gusting up to 0 Miles Per Hour at times the temperatures will feel like the 30s and 20s most of the way. Things improve especially on sunday, ill have the details coming up. Reporter this is the schuylkill expressway past 202, looking good. Eastbound traffic heading toward gulph mills, building volume, no big delays on the schuylkill expressway. Balligomingo road blocked at trinity road because of debris on the roads. Stick to 320. In germantown were talking about the fir