Before the recent crash. Are broadcasting live. Thomas certainly glad to have you with us. All right we start with some breaking news this hour italy is shutting down all production of nonessential goods due to the 1000 pandemic thats as the disease has now claimed almost 13000 lives worldwide the number of confirmed cases has reached 305000. The production shutdown in italy was announced by Prime Minister just in the past couple of hours he said italy is in the grips of its worst crisis since world war 2. Today we decided that the government production. Of providing goods and services a program to. Italy has seen nearly 800 fatalities in the past 24 hours alone the pandemic has now killed more than 4800 italians significantly more than in china russia is stepping up in to help italy right now the Defense Ministry will be sending a planeload of disinfection equipment along with 8 teams of viral logistics to the country starting on sunday or does he go to don ive joined my colleague ear
Senators are accused of Insider Trading after they sold off their stocks just before the recent. International thomas certainly glad to have you with us. We start with the latest on the corona virus italy is shutting down all production of nonessential goods it due to the covert 1000 pandemic thats as the disease has now claimed almost 13000 lives worldwide and the number of confirmed cases has reached 305000. The production shutdown in italy was announced by Prime Minister just in the past few hours he said italy is in the grips of its worst crisis since world war 2. Today we decided to take one more step to government to production activity throughout the city but shes not essential to providing goods and services a program to. Italy has seen nearly 800 fatalities in the past 24 hours alone the pandemic has now killed more than 4800 talents significantly more than in china russia is stepping in to help italy the Defense Ministry will be sending a planeload of disinfection equipment a
Recent crash. Broadcasting live. Im john thomas certainly glad youre with us. I restart with the latest on the krona virus italy is shutting down all production of nonessential goods due to the 1000 pandemic thats as the disease has now claimed almost 13000 lives that worldwide and the number of confirmed cases has reached 305000. Production shutdown in italy was announced by Prime Minister just in the past couple of hours he said italy is in the grip of its worst crisis since world war 2. Today we decided that the government. Throughout history no social issues of providing goods and services. Italy has seen it nearly 800 fatalities in the past 24 hours alone the pandemic has now killed more than 4800 italians significantly more than in china russia is stepping in to help italy the Defense Ministry will be sending a planeload of disinfection equipment along with 8 teams of viral exists to the country starting on sunday are 20 just on of joining my colleague earlier in the studio with
The last 24 hours to more than 3400 surpassing chinas deaths brazils cases more than doubled in just 2 days with more than 621 infected and 7 deaths its senate move to approve the state of emergency over the pandemic the United Kingdom also is taking measures of its own to help its citizens. We have strict measures announced on monday holding a very good ability all the nations of us who though this for asians we are could be 10. 10 cafes was at risk rules to this to this day care. And goes to do more. To stress that we reviewed the situation each month. So we could relax any of these measures as President Donald Trump said hes not considering a National Lockdown but is limiting nonessential travel on the u. S. And mexico border summer the one taken with the us Canadian Border were working with canada and mexico to prevent the spread of the virus across north america very closely you heard what we did yesterday with canada is a joint comprehensive effort in collaboration with our neigh
And a thousand times a day without thinking about it. At least thats how it feels right now. The inevitability of this outbreak is starting to sink in. What does the fed do it gives us a rate cut a 50 basis point rate cut. Reaction hey, condition rate cut. And it was a resounding texas hud. Ultimately the dow fell 786 points and 2. 189 so why did we get that illnesses, cancellations and this epidemic and im beginning to feel just in what has just been cancelled the emails that i get and the notes from Different Companies that is a shutdown it doesnt change that its not a cure. Its not a hazmat suit or respirator it does absolutely nothing to impact the spread of the virus it somehow boosts Business Confidence i did care about the rate cut. I cared about how wrong it was its totally a sign of the panic from the fed. And a rate cut i say this as someone thats been addiment that easy money is a good thing im probably the biggest single proponent of lower Interest Rates on the entire spect