Epicenter of the pandemic, with more reported cases and deaths than the rest of the world combined apart from china. Phil im phil gayle welcome to the program. U. S. President donald trump has just declared a National Emergency in the united takes over the spread of coronavirus. The move opens up billions of dollars in disaster fundings and gives special powers to health authorities. Pres. Trump to unleash the full power of the federal government in this effort today, i am officially declaring a National Emergency. Two very big words. The action i am taking will open up access to up to 50 billion of very importantly very important and a large amount for states and territories and localities in our shared fight against this disease. Phil lets get more from dw correspondent Stefan Simons in washington. Any big surprises in the president s announcement . Stefan no, not really. We would expect he would declare a National Emergency and he tries to clean up the confusion he left with the add
Of sporting events across europe as the countrys coronavirus continue to be lockdown comes into effect. Affected. More and British Airways, easyjet and ryan air cancel all theirflights between the uk more english teams are starting to and italy until early april. Feel the effects as well borisjohnson is facing his now. We know that Manchester United will first commons rebellion play their europa since his general election victory over huaweis role in the uks sg league tie in mobile internet austria inside an empty stadium network. An old bailey murderjury is told on thursday. On the same competition, Police Officer Andrew Harper will serve written to uefa to was dragged for more than a mile by a car along a country lane ask for their tie in after responding to a greece to be report of the theft of a quad postponed. That match, also on thursday, is due to be played bike. Coming up on behind closed doors but the manager says afternoon live the team will call if they have to, all the spor
Equities climb as President Trump delivers a measured response to iranian strikes on u. S. Bases. He does, however, promise new sanctions on tehran. Fighting back, japan calls of itsghosns criticism legal system absolutely intolerable. This after he blasted tokyo for hostage justice. Plus, not so fast. Hard. In hong kong hits u. K. Retailers post sales britishafter what the Retail Consortium called the worst year on record. Speaking of that m s Third Quarter, looks like u. K. Sales theout, gaining 0. 2 , and fullyear guidance has been ishanged, but mark spencer out with like for like u. K. Sales. We are also getting german trade balance and current account data right now as well as industrial , the Industrial Production yearoveryear figure, a drop of 2. 6 . The survey was for a drop of 3. 7 . It is a bad number but not as bad as had been anticipated in terms of the current account balance. We are looking at 24. 9 billion, we were looking for 23 point 8 billion. German Industrial Produc
Nejra we wake up to retaliation from iran. We hear that this isnt war. Here are some of the market moves. Brent paring some of those gains. Gold strongly bid. Still firmly bid on that safe haven. Dollaryen as well trading a bit to the downside. We are coming off the highs for the yen. We switch the board and take a look at the 10 year treasury yields. We saw quite a precipitous drop at one point in the Asian Session, down 11 basis points. The 10 year treasury yield has actually dropped to below a trend line we have seen since september. We see asian equities on the back foot as well, but generally, equities paring some of the losses. After iran has said that this is the way,also, by volatility was created by the news of the boeing crash. When we got the technical issue headlines, we saw the market stabilize a little bit. A lot to digest. Iran retaliation. Iran has fired rockets at two iraqi airbases housing u. S. Troops in response to the killing of the general. Irans revolutionary gua
Eu Commission President calls for an end to the use of arms in the middle east as she arrives in london to discuss iran with british Prime Minister the use of weapons must stop now to give space to dialogue. We all are called upon to do Everything Possible to rekindle talks. There cannot be enough of that a fatal Ukraine International airline crash. Authorities invest gate the cause and the initial report suggests engine failure. Flush. Welcome to the program iran has launched more than a dozen miceles in iraq in retaliation for the killing of Qassem Soleimani the u. S. Says iran is enemy calling last nights attack on the troops a slap in the face. He has insisted the u. S. Military forces should leave the region ashe called their presence, quote, a source of corruption he insisted if iran were to resume talks, it would pave the way for u. S. Dominance but all is well according to a twitter message from President Trump after the a attacks. The u. S. Department of defense says the strik