On a potential drug that might help combat the virus. 59 basis points on the 10 year yield. Stimulus, moreal details, and whether congress will be around next week. Guy there seems to be some incentive for them to stick around. In europe, stocks are at session lows. The stoxx 600 down 20 , the ftse we have beener, positive and negative and now we are negative again. In terms of what we are seeing on the periphery of europe, italy coming out and offering its response to the brunt of virus. Its economy remains flat on its back with millions of people quarantine. Btp down 13 basis points. Lets start in the United Kingdom. Punch from the u. K. To counter the coronavirus. I 39 billion stimulus package, 30 billion pounds. This coming out after the bank of england announced a 50 basis point rate cut. Although the magnitude of the economic shock from coronavirus is highly uncertain, activity is likely to weaken materially in the u. K. Over the coming months. Temporary but significant disruptio
247 live from the russian capital this is an International Web that you get from a very womb while come. Now for a stop few u. S. Stocks plunged on state to the lowest in decades the Federal Reserve moved to pump in a margin seed loans to ease the strain as investors fled over the impact of the coronavirus pandemic the benchmark Dow Jones Industrial average fell 10 percent in a single day marking the biggest decline since black monday back in 1907 all the major american indexes also closed significant donald trump gave a rout of Office Address to the nation but failed to comment just as nubs about the economic damage kovac 1000 is causing this is not a financial crisis this is just a temporary moment of time that we will overcome together as a nation and as a world todays boom bust. Analysis to try and map out where the stock market rollercoaster is heading as well as covert 19 another factor is oil which is seeing a price drop and supply such. This is the beginning of the greatest fin
President donald trump made a rare appearance in the White House Briefing room to downplay the threat of coronavirus the risk to the American People remains very low trump the klein told point to socalled corona virus czar as some lawmakers in the u. S. Have urged instead naming Vice President mike pence as the point person to lead the u. S. Response to the growing outbreak were doing really well and mike is going to be in georgia and mike will report back to me Top Public Health officials are warning americans to prepare for more corona virus infections in the United States the degree of risk has the potential to change quickly and we can expect to see more cases in the United States the trajectory of what were looking at over the weeks and months ahead is very uncertain but even with those warnings trump continued to contradict the message of Career Health professionals with his all i dont think its inevitable probably will it possibly will it could be at a very small level or could
Of parliament for terror on city out of the list the 1500 candidates that were being approved by the Guardian Council and then once they pick their 30 m. P. s they cast their ballots here at these 2 boxes this is a process that is. Cross the country at over 55000. 00 polling stations now its something youve got the iranian Supreme Leader and the president have urged people to do millions of people being urged to stay indoors to south korea becomes the country with the highest number of corona virus infections outside of China Health Authorities say one person has died and there are 204 cases nationwide around half of them reported on friday alone most of those victims are linked to a religious group in the Southern City of daegu in the capital seoul basque gatherings and rallies have been banned rob mcbride is indigo and says her fear of the virus has spread to other cities. The way it has suddenly spiked in the past a couple of days it has Health Officials here putting into place vari
Pundit meek potential absolutely it has and we vary it from our assessment not yet Irans Health Ministry has pledged to be transparent about the outbreak but it has been heavily criticized by one m. P. In qualm who says the number of dead could actually be as high as 50 i said vague has more now from tehran. Theres been an extraordinary exchange in clash a war of words between a member of Parliament Ahmed a meter above the hes a member of parliament for the city of qom the epicenter of this virus here in iran and the Health Ministry now he said he puts the number of dead from the virus at 50 now he acknowledges not with the maybe from the krona virus but he says that the governments performance on the issue has been 0 he says that nurses dont have the correct uniforms on are scared of treating patients he says that the government isnt really concerned and the virus has been present in iran for 3 weeks but their names meant was delayed by the government he also said that he knows of 2 c