This coming out of china this morning. The Unemployment Rates surge to 6. 2 in china, and bank of japan is boosting stimulus this morning doubling stocks purchases. They are buy equities at the bank of japan because yield and tenure fall this morning. Were down 18 basis is point on the tenure at. 800 . Over this 200 coronavirus cases now here in america. West virginia, the only state with no known cases. More school ises are closing major restrictions are being put on businesses and travel. The cdc urging no gatherings of more than 50 people. Vaccine trials meanwhile are starting today. That is one certainly note of optimism. Trump declared National Emergency urging americans against hoarding as Grocery Store is shelveses are emptying out. The president taking part in a Video Conference of with g7 lead percent today to coordinate a response to the coronavirus pandemic. Meanwhile this, senate is expected to vote in coronavirus release bill today. They were there late until 1 a. M. Frida
They said several would be limited because of uncertainty the risk of a hard brexit had receded. Overall they said the risk of recession had fallen but they added uncertainties remain, including those posed by the coronavirus. They said, quote, the threat of the coronavirus in addition to its human toll had emerged as a new risk to the Global Growth outlook that warranted close watching you heard other fed officials talk about this since that meeting. Now, also importantly, several fed officials saw elevated levels of equities, corporate debt and commercial real estate valuations they noted the high levels of corporate debt and weak underwriting and worried about Bank Dividend payments, reducing capital by the banks, it was noted that levels are high and they debated whether low Interest Rates created financial risks. New debate we see some of it on maybe more in the open now. Many Committee Members said they should not rule out the potential ty of adjusting the stance of Monetary Poli
Reported there on thursday. H hokkaidos governor says the man who died had preexisting conditions. Translator the patient was more susceptible to respiratory problems compared to healthy people. Officials say two of the 15 new cases are children under ten years of age. The latest cases bring the number of confirmed infections in hokkaido to 54, the most in japan. All elementary and junior high schools in the prefecture will be closed for about a week. Infected people there include students, a teacher, and a school bus driver. Meanwhile, Health Officials in the western prefecture of osaka revealed a woman in her 40s has tested positive for the coronavirus for a second time. Translator this is a case that hasnt happened anywhere in the country. A person tested positive, then was cleared, and tested negative, and eventually tested positive again. The patient is a tour guide. She led a bus with visitors from wuhan china, the city at the center of the outbreak last month. She was later diag
Was an 84yearold woman. She didnt have any preexisting conditions. During the news conference, a Health Ministry official was asked whether keeping elderly passengers on the cruise ship increased their risk of getting infected. Heres what he had to say. Translator we believe we handled thehe situationon appropriately. We transferred the two passengers too hospitals as soo as w we learned they hahad a fe. That was before we even had their test resesults. The death toll of people infected with the virus in japan now stands at three. Hundreds of passengers left the cruise ship on thursday, after testing negative for the virus. Im still worried about getting infected, so i will continue wearing a mask and using help. I got information from email and talking to my kids but i cannot get any updates from the japanese government. More than a thousand people now remain on board. Many of woman are crew members. The ship is the largest hot spot forr Coronavirus Infections outside china. 621 peopl
Maria and our top story this hour 2020 democrats facing off on debate stage in charleston, candidates taking aim at frontrubber South Carolina days before South Carolina prime aye and less than a week before super tuesday, Hillary Vaughn with all the highlights, hillary. Good morning, maria, democrats on stage did not pull any punches, mayor Michael Bloomberg fended off attacks over billionaire status as painting status as unelectable and warren as mayor Pete Buttigieg drilled sanders over the math behind medicare for all. Elect bernie, bernie will lose to donald trump and donald trump and the house and the senate and some of the state houses will all go red. Mayor bloomberg has strong and enthusiastic base of support, the problem is they are all billionaires. Everybody in this room imagine moderate republicans going over and voting for him and you have to do that if you cant win. Aggressive agenda is popular, mayor bloomberg, he cannot eastern the trust of the core of the Democratic P