Sharp selloff by friday. Look at the week that was with dow industrials down 4,000 points on the session. Thats 17 on the week. The nasdaq was down 995 points, 12 and a half percent lower and s p down 406 points, 15 lower on the week. President trump deploying the National Guard to new york, california and Washington State to fight what he calls the invisible enemy as more people are told they must stay home in the heavilyhit states. More companies stepping in the fight the war against coronavirus, meanwhile, they are working with the white house to manufacture mustneeded supplies and medical equipment. Plus more businesses forced to shut down as tighter rules go into place. St. Louis Federal Reserve president warning that Unemployment Rate could soar to 30 . Mornings with maria is live right now. Maria lets check Global Markets with ftse 100 in london 236 points, european indices red across the board. Cac quarante down 150 points and dax index down 243 down. In germany Angela Merkel i
Ioc president thomas bach says he is confident there would be a decision in four weeks. The government of the host city says there are a number of issues to tackle including the issue of the athletes village. The facilities, changed into residential units. People expect to start living in them 2023. Translator there are many stake holders invololved in the tokyo 2016 games. So i think it would take four weeks toeaear from each o of th. I think the metropolitan government is the most important stake holder and we will express our opinions in the negotiations. Meanwhile, the head of the Tokyo Olympic organizing Committee Also spoke after the ioc announcement saying he agrees the new coronavirus could force the games to be postponed. T translatotor the situatio with the virusus is growing mor severe a as itt spreads to new regions particularly in the u. S. And europe. And we are fully aware off the circumstances. Were considering a n number of opinions from different places and were not f
Japanese citizens to avoid all nonessential travel abroad, especially to countries named in the new measures. The Ruling Liberal Democratic Party has also p put together a draft stimulus package to cope with the e Economic Impact of t pandemic. It says the measures are larger than those t taken in japan durg the 2008 financial crisis. It proposes about 20 trillion yen or about 186 billion in fiscal spending. It says the government should establish a system of subsidies totaling about 9. 3 billion to help small and medium sized businesses as well as freelancers. The draft also says that households that lose out on income should receive Financial Assistance based on their size, but it doesnt mention how much. The government plans to finalize the emergency stimulus package as early as next week. Meanwhile, the tokyo metropolitan government has asked residents to avoid nonessential trips but not everyone followed the request this past weekend. Nhk world has more on why experts say convinci
Im sumi so much going to thank you for joining us german chancellor Angela Merkel is in quarantine at home after a doctor who treated her was diagnosed with the corona virus michael self isolation comes as germanys leading Public Health institution the robert costa institute says it has detected the 1st signs that the rise in the corona virus might be leveling off in germany a chance america who is 65. 00 went into quarantine after being vaccinated against a different virus by a doctor who later tested positive michael Spokesman Says she will now be tested daily her last act before going into quarantine was to announce whipping restrictions on freedom of movement and social interaction. Its an unusual sight. Brandenburg gate deserted in the middle of the day. Its a similar picture elsewhere in the german capital as people start heeding the call to stay indoors areas normally bustling almost empty but experts say the decision by many to stay at home could be impacting the number of infe
Trillion coronavirus aid package saying it has a slush fund for big business republicans warning their rivals are playing with fire as the economy tanks. At risk, new warnings from Health Officials on the viruss toll on younger americans. We have to really examine why were seeing it here but we didnt see it in china. What the cdc is saying straight ahead. Plus olympics in jeopardy. The First Nations announce they wont send athletes to tokyo and the debate intensifies this morning over whether the games should really happen today monday, march 23rd, 2020 announcer from nbc news, this is a special edition of today the coronavirus pandemic with Savannah Guthrie and hoda kotb. And good morning, everybody. Welcome to today on monday morning. Its good to have you along with us once again we are separated but together in our hearts, hoda im working from home this week and youre back in the studio. Indeed, savannah. Its great, great to see your face on this monday morning. We do have a lot to