The president s initial 15 day period of social distancing expires tomorrow. Hes now extended the voluntary worse Case Scenario when it comes to the National Shutdown by 30 days. Good evening, everyone. Im Frank Somerville working from home tonight. Coronavirus pandemic. Im julie haener. Many state leaders are calling on the government to provide his recommendations come as more medical equipment. California is ramping up its they say they desperately need efforts to fight the virus. The u. S. Navy hospital ship mercy has docked in los angeles more medical equipment, but those requests at least right and is now taking its first now are not being granted. Patients. The ship is taking reporter as the number of noncoronavirus patients so Coronavirus Infections surges other nearby hospitals can nationwide, hospitals are handle the increase in covid19 facing a desperate shortage of medical supplies and equipment. Among the most critical, patients. The usns mercy has 1,000 beds, ventilators.
Other nearby hospitals can the latest measures taken in handle the increase in the fight including the food and Drug Administration authorizing a new rapid test. Coronavirus patients, this as the fda authorized a New Santa Cruz county has death fro test developed by abbott labs coronavirus. That delivers lightning fast ktvus greg liggins here now results in as little as five with the story of a bay area minutes. Reporter with 50,000 tests family coping with the loss of expected to be delivered each a loved one from coronavirus. Day the deployment of rapid reporter yeah, frank. Testing will vastly accelerate with the number of sick and our ability to monitor, track, dying growing day after day contain and ultimately defeat after day, its easy to forget the virus. We have will defeat the. That behind every number there is a person and one of the people to hit the casualty count recently is a woman from virus. Reporter fema is building additional hospitals in new york, new jersey and loui
after major concerns over the bank s finances. its shares fell by almost a third on wednesday at one point, forcing the swiss central bank to take action. it issued a statement saying credit suisse can borrow up to $54 billion us to boost its bottom line. today the shares have rebounded and are currently up just over 20%. the selling has continued in asia today, with japan s topix banks index falling more than 4%, after recording its worst day in three years earlier this week. we re nowjoined by craig erlam, who s senior market analyst at oanda. for the story to come out was unfortunate timing. it has the backing of the central bank. covering short positions? it keeps investors that they are holding onto something that is not going to become more innocuous. we will see more volatility over the coming days and now investors are going to be looking at more financial institutions to see if there are material weaknesses there as well. i don t think this is over at this point, i t
hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far things seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very quickly and remove their funds from banks