Lifting restrictions all too fast busy busy. Why this doctor and others in canada are unable to join the fight against coke 90. Hummus now have all the sporting. Back in. The country. So then the quest to find a Coronavirus Vaccine and get it out around the world is about to step up a Video Conference including president s prime Ministers Health officials and donors will get underway in just a few minutes aiming to raise 8 and a half 1000000000. 00 to speed up research all the while more countries have begun lifting many of the restrictions imposed to curb the pandemic but some are questioning whether its all too soon italy has recorded nearly 29000 deaths the worst toll in europe but it has begun easing measures across the world there have been more than 3 and a half 1000000 infections and some Health Experts fear the reopening in many countries will lead to a 2nd wave President Donald Trump says hes confident of a vaccine by the end of the year but the u. S. Is not joining this europ
Originated in a lab in hand calling on washington to provide evidence also. Why this doctor and others in canada are unable to join the fight against covert 90. Welcome to the news the search for a krone virus vaccine has been given a massive boost leaders from the e. U. And other nations have pledged billions of dollars for research and Video Conference including president s prime Ministers Health officials and donors is aiming to raise 8500000000. 00 to speed up the process the United States where nearly 70000. 00 people have died didnt participate the World Health Organizations director general says just developing a vaccine is not enough. To me you measure all sense and not be how fast we go down or to lose it willy. We can deceive you. None of us can answer oh world in which some people are. Why it was made. This is a point to see not only to defeat a common enemy but for its Common Future of war this im joined now by our correspondent jennifer lee joins me now from the city of ox
A leaked document reveals the daily death toll could double by early june. And nigeria is locked down restrictions in some places fears of a new outbreak emerge in the countrys north. And coordinated attacks in iraq killed 14 members of the Security Forces we meet the group that was targeted. Welcome to the news our World Leaders organizations and banks have pledged 8000000000. 00 for research into a Coronavirus Vaccine and treatments the e. U. Which hosted the online fundraiser hopes it will kick start unprecedented Global Cooperation and this comes as europes worst affected country italy began listening tough social restrictions that means people can go back to work visit family and some business. A reopening after 8 weeks in lockdown alexia brown begins our coverage. Of the how good theyve been waiting for for 2 months. Old grandfather and granddaughter 3 united. During the korean teen we were desperate because now i call you can speak for how excited i am too excited we have only s
We do know some options that they have. Well explore that a little bit later. Meantime, i was telling you about a lot of depressing economic news. Latest home sales are expected to fall at least 15 this year. That adds to a string of stunningly weak numbers. I say stunningly weak. Wall street was bracing for some bad numbers but to connell mcshane, i dont think they were bracing for this bad. To you, my friend. Connell i think that is the point, neil. In many ways to your point what we learned on both the economic front and when it comes to earnings is soar of confirmation what we already knew. That this economy, thanks to the coronavirus inspired shutdowns is in very rough shape. But when you look at things like retail sales and drop we saw there, this, is even worse than we thought. I mean the largest drop that weve ever seen in retail sales on a monthly basis. So thats march. Economists know april is likely as bad or worse. This comes from the commerce department, only been tracking
Gone the worst week for the markets since the financial l crisis back in 08 and the quickest move from record high to correction a 10 drop in the history of the s p 500. Thank you and welcome to power lunch. Team coverage of this coronavirus induced sell off continues. Meg is breaking down the latest news on the outbreak bob is tracking the volatility Rick Santelli is in chicago watching the yield curve and Steve Liesman is here on the pressure facing jay powell and the fed. Meg . The virus has now reached more than 40 countries with total case numbers worldwide topping 82,500 and more than 2800 dead. The World Health Organization telling every country to be prepared, citing the virus quote pandemic potential that includes being able to detect cases early, isolate t m them, trace their cats and provide quality clinical care. Saying people need to have the right information, including what the disease looks like. In 90 of cases, its a fever and in 70 , a dry cough. Typically not a runny