Only, tell us who is your choice in 2020. You support biting, call biden call 2027488000 . Sanders,pport 2027488001 . Unsure,re 2027488002 . You can also text us at 2027488003 or join us on twitter. Let to talk about including the coronavirus. Follow the conference and one of the attendees found of the coronavirus. Italy is locking down a portion of the country. Here are the details. The Italian Government is locking down 17 Million People, including milan, the lombardi region, and neighboring provinces in the most sweeping steps against the coronavirus. A decree from the premised are saying People Living in lombardi , and the main province, must avoid any movement into and out of the areas. The wall street journal points out police, emergency services, and the army will be available to enforce the quarantine. People violating the lockdown could face a fine or jail time. This is reminiscent of measures taken in china which put about 500 Million People under full or partial lockdown. Ch
Second coronavirus death in the United States. Bay Area Health Officials report 5 new cases of coronavirus with one county in the east bay now seeing its first case we begin with 2 hospital workers one from Alameda County and another one from Solano County both testing positive. After coming in contact with a known patient. Both healthcare workers are employed by north bay vaca valley hospital. A woman from Solano County was being treated there last week before positive for coronavirus in response to their first case Alameda County Health Officials have declared a Public Health emergency. Cutting concerned that we want we again the idea is to begin planning. Alameda county Public Health officer doctor eric upon says they are expecting more cases to pop up are currently in isolation at home and will not return to work until they are cleared. Health Officials Say they have identified people in close contact with both of them and those people have self quarantine now to Santa Clara County
A congressional hearing in which case that will. Well break down the shake up at one of americas largest banks a lot to get here on a very busy day so lets get started. On oil lost as much as a 3rd of its value monday in its biggest drop since 1901 gold war fell to 30. 00 to 30. 00 per barrel as saudi arabia launched a price war with russia after the 2 failed to come to an agreement at its vienna meeting russia declined to agree to production cuts that have artificially kept Oil Prices Steady officially russia said it wants to wait and see what the Coronavirus Impact on demand is before agrees to cuts on officially russia is angry about u. S. Sanctions of Russian Energy Company Rosneft and attempts to stop the north stream to pipeline to germany by flooding the market and sinking prices russia sees an opportunity to crush the us shale industry which is dangerously levered to the hilt russia is also fed up with cutting production outputs timeout that time while u. S. Shell producers eac
Demand a Global Movement to divest from fossil fuel and crushing debt loads the industry has about 86000000000. 00 of rated debt due the next 4 years and as analysts have warned before below 50. 00 per barrel Many Companies will be unable to service their debt obligations this in turn has the Banking Sector as these Companies Start defaulting big banks including j. P. Morgan city Group Wells Fargo and goldman are down between 9 to 13 percent today as the selling pressure intensified across all sectors u. S. Markets triggered a 15 minute halt at the am the dow fell over a 1000 points as investors continued to seek safer assets the yield on the 10 year dropped below 0. 5 percent for the 1st time ever in the history crude prices have become a bigger problem for the markets than the coronavirus now as itll be virtually impossible for the s. N. P. To bounce when the Energy Sector is down 15 percent. Interestingly enough gold the defacto safety asset is not spiking instead it is trading flat
Warned before below 50. 00 per barrel Many Companies will be unable to service their debt obligations this in turn has the Banking Sector as these Companies Start defaulting big banks including j. P. Morgan city Group Wells Fargo and goldman are down between 9 to 13 percent today as the selling pressure intensified across all sectors u. S. Markets triggered a 15 minute halt at the am the dow fell over a 1000 points as investors continued to seek safer assets the yield on the 10 year dropped below 0. 5 percent for the 1st time ever in the history crude prices have become a bigger problem for the markets than the coronavirus now as it will be virtually impossible for the s. N. P. To bounce when the Energy Sector is down 15 percent interesting way enough gold that defacto safety asset is not spiking instead it is trading flat someone down indicating that people are selling with. Well prejudice this type of broad based sell off is indicative of a cash crunch and that leverage funds are rec