The countrys citizens could be infected. But that was months you have to understand that the virus is there in the population have no immunity yet to this virus there are no vaccine. That a High Percentage experts say 60 to 70 percent of the population will be infected as long as this situation continues germany has had more than 1500. 00 cases so far with 3 deaths in italy which is the most cases so far outside of china Prime Minister just. Said while more restrictive measures are a possibility the freedom of a crucial. Our primary objective and we all share this objective is to protect the health of this. Because comparing this to the other constitutional matters that are at stake here this one is certainly the priority but lets keep in mind other interests for example when we issue restrictive measures they impact the lives of people we need to be aware that there are. Liberties social rights could be impacted we need to keep in mind that there will be the freedom of enterprise suff
Combat the outbreak as france closes schools. New york city declares a state of emergency as the death toll approaches 5000. Investors fear that emergency packages will not be enough to stave off a recession. That showed in european and u. S. Sessions yesterday. Saw their worst day of all time. Wall street showed its biggest crash since 1987. Here is a look at just how bad it was. Drops, the likes of which i have never seen, on individual equity indexes. The dax is down 12 . The ftse in milan is down almost 17 in a oneday session. It seemed to all be sparked by Donald Trumps travel ban and then made worse by the ecb decision. Jones look at the dow industrial average, the most famous global index. Circuit breakers were set off again yesterday and this was the biggest drop. Since 1987. Nts the s p 500 is down 9. 5 , as was the nasdaq. Doterms of price action, we see a bounceback in terms of futures. You see ftse futures are up more than 3 . The 10 year yield is gaining a little bit in te
Routes in the u. K. Is incredibly difficult. As a result of which, to be in a for Francine Lacqua this morning. Lets have a look at the markets honest, this is something that then. Was probably always going to happen. Tom as an american, i would the stoxx 600 is down by. 2 . Suggest that may be possibly we opened in positive territory because the Railroad System is lifted with talk to come. So darned better than ours. Flybe we will talk much more about that today. That puts the virus front and sentiment from center. Its get to first word news with the trading day. Viviana hurtado. Countries are ongoing headlines are weighing on things at u. S. Futures are pointing negative. Tightening travel restrictions to contain coronavirus. There are reports japan will quarantine all people arriving this is the picture on oil markets. From china and south korea. Focusedthe brent price, australia has also added south korea to its band list. On the opec plus meeting in declaring a state of vienna. I
A pandemic this is the one business show you cant afford to miss im going to bore and im hoping im liking head straight ahead. Down as much as 5 percent in the u. S. After that ill be expelled announcement one thing done to ease the pain. And other factors taking up the market. Plus weve discussed the breakdown of the kind we now turn our attention to the pain being felt in europe well go in depth with expert analysis we have a packed show today so lets dive right in. And as corona virus continues to spread around the globe the World Health Organization has officially labeled it up endemic. The. Husband says seeing this outbreak but around the globe and we are deeply concerned by the a lot of. Spread and c. V. T. And by the unknown to me live it was an auction. We have the system and. Can be. Used as a pundit make over the past 2 weeks the number of countries affected by the virus have tripled globally there have been more than 120000 cases with over 4300 deaths more than 67000 of thos
More than 67000 of those infected have fully recovered here in the United States there are now more than 1000 cases speaking in front of the u. S. House Oversight Reform Committee the director of the u. S. National institute of allergy and Infectious Diseases said things are going to get worse. So i can say we will see more cases and things will get worse than they are right now how much worse will get will depend on our ability to do 2 things to contain the influx of people who are infected coming from the outside and the ability to contain in mitigate within our own country bottom line its going to get worse and meanwhile in europe german chancellor chancellor Angela Merkel is concerned that up to 70 percent of the countrys citizens could be infected. By then was months you have to understand that if the virus is there in the population have no immunity yet to this virus there are no. That a High Percentage experts say 60 to 70 percent of the population will be infected as long as th