Esmeaso help businesses and workers have been announced as coronavirus continues to spread. The pandemic is a Public Health emergency, but also an economic emergency. We have never in peace time this one. Fight like pres. Trump we dont want people losing their jots are having money to live when they were doing well just four weeks ago. We are going big, and that is the way to be. Anchor businesses are hoping that what has been announced will help them survive what is potentially months of lockdown. The last couple of hours, e. U. Leaderhave agreed to close europes bordersor 30 days. We already know loris lorrie. Thiss inside the german border. Panic buying from france to australia. Is driving this, how it can be stopped, and at least one happy custer. I cant remember the last time i was able to buy toilet roll on the shelves. I got some this morning. Im so ecstatic. Anchor Boris Johnson says his country is at war with this virus, and that is a feeling many of you watching around the dw
This is bbc world news america reporting from washington. The coronavirus spreads across the globe as countries tried to continue contain the cases riyadh. It is likely this virus will cause a pandemic. Fears about the Economic Impact of the conavirus sent markets tumbling. Wall street was in the red for the second day in a row. Democrats debate in South Carolina tonight trade bernind Hosni Mubarak has died in cairo at the age of 91. For all of you watching on pbs and around thee globe, welc world news america. Health officials and the u. Warned that americans should be prepared for the coronavirus to spread as wall street plunged for the second day in a row amid concern about the economic effect. The virus is writing aggressively throughout the globe. On a spanish island, a hotel has gone into lockdown. From island haven to health scare lockdown, italys coronavirus outbreak has spread. The palace hotel now shut off aftern italian guest, a doctor tested positive. We run out masks and s
Listing craze will peak ree predictions for 2020. First, against all odds, Energy Stocks woutperform the s p 500. Its been a lost decade f Energy Investors with oil stocks up to 6 in ten years but a combination o high dividend yields and relatively low earnings multiples will make severalom mnies muche attractive. Bank of america believesl exxon mo could move up 50 to 100 ast sells assets, expands production and doubles c itsh flow by 2025. Second, lower rates in 2020 . No necessarily. Many Central Banks dont seem to want it. Shifting political winds in germany will leado the passage ofcaarge stimulus plans to boost the slower economy. Ro euan bond yields wl move back towards positive territory. European bonds all while pushing european yields higher and t keepin bank rally going. Finally, the direct listing craze will peak when airbnb goes public during the listing. Its allhe rage. Private Equity Investors are pushing direct listingso cut costs and allowing employees and no one asked
America. Reporting om washington, i am sophie long. The amazon is on fire, threatening vital resoces. Az but s president says his government does not have the funds to fight the blazes. A warm welcome for theritish Prime Minister in paris, but differences remain when it comes to brexit. And losing the family farm. After decades of milking the cows, some are finding it too tough to make ends meet. Sophie for those watching on pbs and around the globe, welcome to world news america. Right now fires are burning across the amazon rainforest, and brazils president says his government lacks the resources to fight tm. Blazes are a regular occurrence during this seas, but figures show the number of fires has surged 83 from the same period last year. Critics say the president s policies are partly to blame. From saoau, this report. Reporter fire in the amazon rainforest this is happening in the Worlds Largest and most important ecosystem that is home to 3 llllion species of plants and animals a
Largest eco are now scheduled to meet next week at the g20 summit in jand it was all investors needed to hear and stocks took off today. The dow industrial average rose 353 points to 26,465. The nasdaq added 108, the s p wa 2 up but it wasnt just trade that drove todays big rally. Bob pasane is at the new york stock exchange. Stocks were in full mode fuelled by high hopes of trade talks and easy money across the globe. Thats what moves things these days. Ar futures first high around 4 00 a. M. Eastern time. European Central Bank President mario drahgi said there was a case to be made for more economic stimulus in europe if the economy did not improve. That sent a signalo the markets more easing could be ahead. Itent the euro down against the dollar. Then President Donald Trump tweetedut he had a very good phone conversation with chinese president xi jinping, and the two plan to meet at next g2week summit in japan. That one tweet sent the dow up 150 points in less than ten inutes with t