This is a boom bust the one business show you cant afford to miss unbends one and im 50 im liking 10 coming back on my end doesnt seem to be going anywhere and that is creating a new set of fears on waffles and around the world. The last few weeks have demonstrated just how quickly a new vine is going to spread around the word cozy why does it do you and disruption well how the latest plan doesnt have a measure of the mathematically a long time and money trying to make it like economic growth. Is rising prospers an independent nation is an example to every day should all over the world and one of the most outstanding achievements of our century. And the u. S. Is asking france for a safe haven for u. S. Companies in order to help them avoid a European Digital tax so what is that about and isnt the digital tax for u. S. Companies going to have a live report so much to get to on this very busy day so lets get started and we begin with the coronavirus which is sending shock waves once agai
In italy iran and in south korea here are the latest numbers on the virus as of monday there have been 409. 00 new cases of the virus and 150. 00 new deaths that brings the total to 77150. 00 confirmed cases in china with the death toll of 2592 in terms of china in the majority of the new cases 398 were in the who by province and that includes all but one death its also important to know that many thousands of people have already recovered from the corona virus which again mostly places at risk the elderly and the very young as is common with these kinds of things among those countries though that we were just talking about italy is now looking to take more drastic steps after a 6 person has died there italian authorities on monday get this they shut down schools universities and museums across the countrys north they also banned public and private gatherings including soccer matches and cultural events in venice ended its annual carnival early and Catholic Church leaders. Announce the
A total of 265. 00. In these last few minutes yes. It is an adult i mean years old from. As i said earlier there are 200 in 1000 and. One. Or both of the people affected italy were in the wealthy northern part of the country around alone and as a result there are a number of border crossings around italy including in austria holds in trains from italy romania demanding written statements from all arab passengers about their whereabouts in the country and germany stating that quarantines of entire communities could be required in germany if the virus spreads their. Major u. S. Indexes are off about 3 percent with the dow dropping a 1000 points mid day before recovering slightly as coronavirus cases outside of china surge there still remains a high degree of uncertainty surrounding the virus as no one knows how this all to milly will play out many analysts have predicted a sharp recovery similar to that of sars however it will all depend on when the situation will come under control the
Equities not totally convinced. They were higher, then rolled over. Part of that is the u. S. U. S. Futures were a little higher three hours ago. Now weve rolled over yet again. Intocalvasina sees a dip 1700 possible for the s p. Part of the reason we are seeing this is a spike in the dollar index. Causing a lot of pain across the board, whether in the commodity market, emerging markets, europe. The eurodollar having an unbelievable slide. The cable rate at its lowest level at one point since 1988. Time now for global exchange. We are going to bring you todays market moving news from around the world. From brussels to london to lawson can to washington, our bloomberg voices are on the ground with todays top stories. The ecb announced it would do whatever it takes and an emergency Bond Buying Program. Joining us is maria tadeo. Walk us through what we know about the program. Maria first of all, it was unexpected. It took a lot of people by surprise. You have to take a look at the amount
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