Bits and pieces down in mexico and i will tell you this the Mexican Government was kind but they asked all of us gringos to please go home and that was simply because they havent gotten hit yet and they feel if they do get hit they dont have the capability to take care of their people as well as our people so i followed their advice i drove my wife and i drove home and i got to tell you it was one of the greatest drives home traffic is down to virtually nothing you can get a hotel rooms any way you want food is there but you gotta go pick it up you can go sit down and eat and all the gas stations are open and the prices i cant believe i was paying a 1. 73 a gallon out there now isnt it ironic that the prices are dropping through are so low now and yet were not allowed to or shouldnt be. Dr big i guarantee you the minute this virus has passed watch those gas prices shoot right up. Well well have to wait and see whether that happens is a heck of a time for you to be back since you said y
This is bloomberg surveillance. I am Francine Lacqua in london. Markets, thet the volatility swings we saw is moving to currencies. European stocks have been fluctuating, they are flat right now. They were higher a couple minutes ago. Oil is higher today after china unveiled plans to boost its reserves. If you look at brent, they were 12 higher, now they are 9 higher. Treasuries slipping along with the dollar. Lets get to the bloomberg first word news. China says it acted in an open and transparent manner when it comes to the coronavirus, after u. S. Intelligence reports said beijing concealed the extent of the outbreak. Two sources say chinese numbers were fake, that includes underreporting total cases and deaths. The pentagon is looking to provide as many as 100,000 military body bags for potential civilian use, as the u. S. Warns deaths could soar in the coming weeks. To a dealon is close with a contractor. It will send it to fema. Now to eu nations, they are setting out competing v
A surge in confirmed cases. And google and apple are developing an alert to let you know if youve come into contact with someone whos infected but does that infringe on your privacy. Well its now one month on from the coronavirus being declared a Global Pandemic the crisis is engulfing the United States its reported the highest number of dead in a single day more than 2100. 00 half a 1000000 americans are infected and the situation is expected to get while before it gets better the virus is why it was believed to have started in a market that was trading on wild animals and china has now banned the sale of wildlife for food but the animals remain on sale for medicinal purposes u. S. Politicians are among those calling for what markets to be permanently closed but as jessica washington explains its not that simple a warning viewers may find some of the images in this report to staffing. Before his customers arrive palace ponto spends the morning preparing his most popular dish its calle
Sit down and eat and all the gas stations are open and the prices i cant believe i was paying a 1. 73 a gallon out there now isnt it ironic that the prices drop through the air are so low now and yet were not allowed to or should be out driving i guarantee you the minute this virus is passed watch those gas prices shoot right up. Well well have to wait and see whether that happens is a heck of a time for you to be back since you said you dont know whats going on lets get into our top story the International Monetary fund has officially declared that the Global Economy is in a recession now due to the cove of 1000. 00 outbreak Economic Activity around the world has significantly slowed down as countries cities and local governments issue stay at home or quarantine orders the. I. M. F. Defines a global recession as an extended period in which economic output falls and unemployment rises many economists say that this recession could be just as bad or even worse than the one in 2009 layoff
Featuring the winners of our studentcam documentary competition. Middleton High School Students answer the question what do most 2020 punta cana it is to address. Our second Prize Middle School winners were hunter tabor, caden smith and dylan stegemoller, 8th graders at Lora Batchelor middle school in bloomington, indiana. Is titleding entry educating americas youth, our top priority. Importantsingle most part of our democratic society. Where the most important things about america as we are an open, inclusive society. Great publicave schools. This is where than 90 of young people are and i think it is going to stay that way. It is important we take care of it. The First Public School in the 13 colonies was opened. Time, Public Education has become desegregated and more inclusive. It is bringing everybody together. Not only do we educate students within the classroom walls, but the Important Role of Extracurricular Activities and athletics. There is plenty of research that shows when s