So no, we are not at the reversal rate, and we are certainly not at the lower bound rate. If in the future it is necessary for the purpose of dealing with the risks at the time to address that, we will do so. Point, i think ive dealt extensively with these issue limits. All i have to say at the moment is that we will use all excess abilities in the framework of our Asset Purchase Program. There in mind, by the way bear in mind, by the way, to this person on the line, that we are likely to see increased debt issuance on the part of a few countries, if only to deal with the fiscal resources, but they will have to mobilize in order to put in place the Health Care System that will be needed to respond to the spreading of the disease. That is also a factor to have in mind. Let me ask you a question about the timing of your decisions. When did you realize that this situation is getting out of control and you need to come up why did youge, and not act directly after the first g7 call . Where
Interview. Mass cancellations. We see the teams heading back to the locker room. The nba suspends its season after a player tests positive just moments before a game. Something out of a movie, and you just dont expect it to happen in real life. March madness tournament still on but without crowds. One of the nations largest parades postponed for the first time in 258 years. How america is adjusting to the new normal of social distancing. And stunning announcement. Hollywood legend tom hanks and his wife rita wilson revealing they have the coronavirus, the couple now in isolation. Their message to fans on their health and what its like to have the virus. Today, thursday, march 12th, 2020. Announcer from nbc news, this is today, with Savannah Guthrie and hoda kotb, live from studio 1a in rockefeller plaza. Welcome to today, were happy you joined us on this thursday morning. Nice so see you on a busy morning. A lot has happened when it comes to the coronavirus. Its now been declared a glo
Going to be a strong enforcement of quarantine. You have to have separation. You have to have separation or this thing takes longer to go away. I think you could said this for your country and a lot of countries, it goes away. Away with very, few few desperate very deaths. Relative to other countries, we have very few cases. I think we have the greatest doctors in the world. We have offered iran assistance. Iran is having a tremendous problem. We have offered iran assistance. If they would like it, we will help. [indiscernible] i would rather not say. Lets put it this way. You will see. I cant say. I was working on that last night, also. Determinedbeen fully it was iran. It was a rebel group. It did look like it could be backed by iran. We will see what the response is. [indiscernible] pres. Trump i always want him to return because he is a friend. We started off both new to the job that would always like to see him. There are other people i get along with really well. This is a very s
Nation, the president announcing that travel ban. The European Union failed to take the same precautions and restrict travel from china and other hot spots. As a result, a large number of new clusters in the United States were ceded by travelers from europe. After consulting with our top Government Health professionals i have decided to take strong but necessary reactions to protect the health and wellbeing of allmericans, to keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days the new rules will go into effect friday at midnight. David, jim, were going to talk about the president s address, the markets obviously today, but really quick, the fact that youre there and im here, just reflects the fact that the nature of work is changing, and will probably stay this way for some time to come yeah, it will, carl again, were splitting up our teams in case something happens at the nyc or here so we can obviously still
Stock market suffered its worst trading day since 987 with share prices tumbling by 13 percent on monday the coronavirus pandemic is causing turmoil on Financial Markets worldwide despite drastic action from Central Banks to limit the damage discussed whats driving the sell off with our senior correspondent. Well theres only one way this is going and it is going down look at yourself in a matter of weeks the Dow Jones Industrial average this is this is an average of many major corporations so an index of their stocks the average it is plunged to levels that we saw that the world was out in 2070 so over the course of a few weeks weve race all economic progress made over the last 3 years and this is still early days yet i mean the pandemic in the United States it is predicted to get much much worse and essentially what were seeing is the equivalent of a run on banks so if a bunch of people run by sea to try to get their money out this is what investors are doing now with the stock market