India 414 does seem really low for a country with a population of 1300000000 people india has also performed the lowest number of tests among affected countries Something Like 3 per 1000000 that was a was about 90 a day and there are increasing concerns of the very low level of testing could be hiding the real number of cases and so indians a bracing themselves as the government has now expanded testing criteria and doubled the number of Testing Centers brought in the private sector private hospitals so there was Something Like 52 Testing Center the government Testing Centers and not all of them were operational its double that people are really bracing themselves to see what the real number of cases are and there has been an exponential rise just on saturday and sunday both days saw saw the biggest jump so again you know unprecedented times here like like many other places in the world but for now most indians do understand the need for the for the lock down for the number of dead has
Within 2 weeks one of the forecasters said to me we were looking at a Freight Train coming across the country were now looking at a bullet train because the numbers are going up that quickly the u. S. President though is more optimistic saying he hopes to have the virus under control by east. Ultimately the goal is to ease the guidelines and open things up to very large sections of our country as we near the end of our historic battle with the invisible enemy to go on for a while but will when and when. I said earlier today that i hope we can do this by easter. I think that would be a great thing for our country and were all working very hard to make it a reality but top u. S. Health official anthony felt she has downplayed the president s timeline. Thats really very flexible we just had a conversation with the president in the oval office talking about you know you can look at a day but youve got to be very flexible and on the on it literally day by day reply week basis you need to ev
Japans ruling party says the coronavirus will hit harder than the financial crisis. The global stocks rallied after the u. S. Opened the fiscal taps to the tune of a billion dollars. Thats on rate cuts for major Central Banks surge. St. Louis fed president tells bloomberg, dont assume that will be another cut in two weeks. Rate to thee policy right place for now. Given the information that we have now. We took out some insurance against the possibility that this will cause a growth slowdown in the u. S. Matt division in vienna. Agreement over output cuts proves elusive for opec plus delegates as they look to counter the impact of the coronavirus. We are live on the ground for a crucial meeting there. Lets take a look at futures, getting across europe right now. More than 0. 5 . Up 0. 75 . S are futures. In u. S. We finished up more than 1 yesterday across european forces. There was a major surge in u. S. Stocks as a result. You are seeing futures down for the west stocks. Risk on for e
For that. 40s on the temps here. 43 santa rosa. They are reporting some fog. We are about done. High pressure will kick in for a few days. 30s and 40s on the temps. Mainly 40s. A lot of moisture in the air. A bit quieter. For us, upper 50s, low 60s inching towards average but not there yet. Sal castanedas here now. Not much. There was a box truck that was on fire next to the freeway. Creating some pretty dramatic moments. That did happen. This was right off 880 and free hont on one of the side roads. The Fire Department came in. A fire dispatcher responded. Says the Fire Department came up at about 3 50. 10 minutes to 4 00 this morning. No one was hurt. Lets take a look at the Richmond Bridge now. You can see traffic is moving well. This is the picture for most bay area bridges. Topping our news now, there are more than 400 confirmed cases of the coronavirus here in the bay area. And, pam, we want to show you a map of the nine bay area counties showing you how many coronavirus cases th
Financial impact. My guess is it is going to be worse than people think. We are confronted with a conditional supply and demand shocks. It will have effect on global gdp, that is for sure. But it is not like the world will end tomorrow. Nejra meanwhile, president s trump and modi meet in india. The country did sign defense deals were 3 billion, and they pledged closer ties on Maritime Security. Nejra jpmorgan lays out goals on its invest today. They said u. S. Wealth is going to be one place where they can still grow. Nejra and the iger era comes to a close. Disney names a new ceo. I intend to double down on the same strategies bob has established. Nejra its all straight ahead on bloomberg best. A hello and welcome. Im nejra cehic. This is bloomberg best, your weekly review of the most important business news, analysis, from Bloomberg News. Lets start with a day by day look at the top headlines. The dominant story throughout the week was the global spread of the coronavirus, and on mon