Peters where we know that people are advised not to go to work we know that also president Vladimir Putin in the last few days has rushed through parliament a piece of emergency legislation that would put punish any flouting of these restrictions with the possibility of a 7 year prison sentences you do get the impression that the russian leadership is starting to wake up to the reality that this could be a dire and chronic situation for the countrys Health Service of spains reported the lowest increase the new cases nearly a month bringing hope the infection rate is slowing the authorities reported another 567. 00 deaths on tuesday pushing the total past 18000. 00 chinas approved human trials for 2 new experimental vaccine against the corona virus as if a is to prevent a 2nd wave of infections is reported 89 new cases nearly all imported sarah quarks in hong kong she says china wants to fast track the production of the vaccine. These vaccines where vaccines will be developed in partner
Keeps getting worse for the airlines the industry warns carriers will lose 314000000000. 00 in revenue with 80 percent of flights grounded. When somebody is the president of the United States the authority has told. Donald trump to close hell decide when the u. S. Economy reopens but state governors say nothing will change until its safe. As the infection rate slows in australia business groups push for restrictions to be lifted. The International Monetary fund says the coronavirus pandemic will cost the worlds economies 9. 00 trillion dollars over the next 2 use warning comes as countries around the world face prolonged lock downs as they try to contain the outbreak the i. M. F. Chief Economist Says it is the worst economic shock since the Great Depression of the 1930 s. Flattening the spread of coal with 19 using lock downs allows Health Systems to cope with this crises which then prove permits a resumption of economic activity. In the sense there is no tradeoff between saving lives
That hell decide when the u. S. Economy reopens but state governments say nothing will change until its safe. We speak to a Health Expert on why widescale screening is critical containing the pandemic. And sport the worlds biggest cycling race has been postponed organizers say the Tour De France cant start in june but could happen later in the year. 9 trillion dollars thats how much the International Monetary fund says could be lost from the Global Economy over the next 2 years as a result of the coronavirus pandemic that means the Global Growth would shrink by 3 percent which is 30 times worse than the 2009 Global Financial crisis the i. M. F. Chief Economist Says its the worst economic shock since the Great Depression of the 1930 s. Flattening the spread of coal with 19 using lock downs allows Health Systems to cope with this crises which then prove permits a resumption of Economic Activity. In the sense there is no tradeoff between saving lives and saving livelihoods countries shoul
New yorks governor appeals to President Trump for more cooperation in the fight against covert 19 rejecting his push to open up the economy so. We speak to a Health Expert on why widescale screening is critical to containing the corona virus outbreak. And weve used it since ancient times to ward off disease find out how compact is being made into an even more powerful tool against the virus. 9 trillion dollars thats how much the International Monetary fund says could be lost from the Global Economy over the next 2 years as a result of the coronavirus pandemic that means Global Growth would shrink by 3 percent which is 30 times worse than the 2009 Global Financial crisis the i. M. F. Chief Economist Says its the worst economic shock since the Great Depression of the 1930 s. Flattening the spread of coal with 19 using lock downs allows Health Systems to cope with this crises which then prove permits a resumption of economic activity. In the sense there is no tradeoff between saving lives
European central bank announced a 750000000000. 00 euro package to mitigate the Economic Impact of the coronavirus meanwhile oil rebounded more than 20 percent after reaching the lowest level in 18 years this was the best day on record for oil there of course huge year to date losses still here there is so much to get the lets bring in who must cohost christiane who joins us from Los Angeles Christy what is happening in markets today. Well brant the 1st sentiment every morning still seems to be to sell everything although this morning was the 1st time in a week that there was no overnight limit up or down trying to hold in the s. And p. Futures perhaps it is the case that systematic funds now have little left to sell nearly 2600 of the 3100 n. Y. S. E. Names are currently on the short sell restricted list and were now approaching quad witching friday tomorrow which has historically resulted in increased volatility so the question is what did that people sell into well at the center of