Of the outbreak and italy reports 368 deaths in 24 hours the highest number of course of our state alison there in a single day so. Thank you for joining us the u. S. Federal reserve has announced emergency measures aimed at containing the economic fallout of the coronavirus pandemic its cutting the benchmark Interest Rate to near 0 the same rate in place during the 2008 financial crisis the virus is also causing major disruptions in the biggest cities the songes has not followed new york in ordering the closure of restaurants bars and nightclubs alan fisher has more from washington. From the president of the United States was comforting americans relax with doing great it all will pass. From the man heading the drive against the virus a starkly different message the worst is yes good for us it is how we respond to that challenge the number of confirmed cases in the u. S. Is no more than 3000. 00 states are shutting down bars and restaurants curfews are starting to be introduced the fa
That challenge the number of confirmed cases in the u. S. Is no more than 3000. 00 states are shutting down bars and restaurants curfews are starting to be introduced the face of america is changing at airports as the extended european travel ban kicks in where the. Staff carrying out Health Screenings have been overwhelmed the governor of illinois blamed the trumpet ministration for a lack of planning and foresight he didnt get the response he wanted well heres what i got i got a call at about 11 oclock last night after that tweet from a white house staffer who yelled at me about the tweet the administration at its no ideally briefing admitted mistakes were made the lines again that we saw overnight at a limited number of airports including chicago are unacceptable weve adjusted our processes we continue to surge personnel at the same briefing when asked how many ventilators the u. S. Had to help patients with breathing difficulties the government secretary in charge said this we dont
President donald trump welcomes a further Interest Rate cut from the Federal Reserve and he tells americans to stop panic buying. A Monica Johnson berlin the to have you with us europes open borders are beginning to close germany joins a growing list of e. U. Countries to at least partially shut out its neighbors in a bid to halt the spread of the coronavirus the German Government has announced that its borders with switzerland austria denmark and luxembourg will be closed new restrictions are also being imposed on the french german front here. A rare sight on the french german Border German Police manning checkpoints for nigh on cross border traffic will be at a near standstill. The borders today in mark switzerland austria and luxembourg will also be almost completely shut. People without significant reason to travel will not be allowed to cross the border in either direction. And. All nonessential travel across the border. Getting. Commuters will not be affected by the shutdown and
From 1 to one point 25 , and 0. 25 . Down to 0 , to so 0 to 0. 25 . Thats a big difference, quite a bit. And in addition, very importantly, the federal reserve, they are going to be purchasing 500 billion of treasuries and 200 billion of mortgagebacked securities, and that number can increase, but they will start with that. Thats really good news. Really great for our country. Something that were very happy, i have to say, im very happy. They did it in one step. They didnt do it in four steps over a long period of time. They did it in one step, and i think people in the market should be very thrilled. Were the strongest country in the world by far, financially and in every other way, and that brings us in line with what other countries are. They actually have negative rates, but we get it down to potentially zero. Thats a big step, and im very youy they did it, and will not hear anything bad about me unless it is a month or two from now. So i congratulate the federal reserve. It is ter
The highest number of course of ice fatalities there in a single day so far. The 2 biggest cities in the United States are taking drastic steps to try to contain the corona Virus Outbreak new york and los angeles are shutting down bars cafes restaurants and nightclubs theyre taking action as the Federal Reserve introduces emergency measures to stem the economic fallout alan fischer reports from washington. From the president of the United States words aimed at comforting americans relax with doing great it will pass moments later from the man heading the drive against the virus a starkly different message the worst is yes very good for us it is how we respond to that challenge the number of confirmed cases in the u. S. Is no more than 3000. 00 states are shutting down bars and restaurants curfews are starting to be introduced the face of america is changing but airports as the. Ended unity and travel ban kicks in where the. Staff carrying out Health Screenings have been overwhelmed the