A simple message for all countries terrorist. Test. Welcome to the program the Global Response to the coronavirus pandemic is ramping up but the World Health Organization is improving governments to test far more people with a suspected infection the french president has declared war on the outbreak and is closing frances borders from 1100 g. M. T. On tuesday the European Union has proposed a ban on all nonessential foreign travel to the shang in zone the president of the European Central Bank Christine Lagarde has pledged to do whatever she can to stop the eurozone from breaking up while the British Government which has been under pressure to toughen its approach is now asking people to avoid nonessential travel and pubs. And theaters u. S. President donald trump position similar advice and no social gatherings of more than 10 people it comes as wall street suffered its worst day for more than 30 years well alan fischer brings us more on the latest moves by the us. If theres a cure fo
Has its own battle plan. A simple message for all countries terrorist theres tests. The Global Response to the corona virus pandemic is ramping up but the World Health Organization is imploring governments to test far more people with a suspected infection french fries in demand in michael has declared war on the outbreak and is closing frances borders from 11 g. M. T. On tuesday the European Union has proposed a ban on all nonessential foreign travel to the shang and so on while the British Government which has been under pressure to tough its approach is now asking people to avoid nonessential travel and pops clubs and fear his u. S. President donald trump has issued similar advice and is aging no social gatherings of more than 10 people alan fischer brings us more on the lathe. Spy the u. S. If theres a cure for corona virus this might be it in seattle u. S. Researchers have given the far short of an experimental vaccine developed in record time everybody is feeling so helpless righ
California there are more than 3,000 cases tonight the number of corona virus cases in the bay area does continue to rise, heres where the numbers stand as of 5 oclock Santa Clara County reporting 83 more cases today that brings the total to 542 19 deaths, San Mateo County has 195 5 deaths San Francisco 223 2 deaths Contra Costa County 131 cases and one death Alameda County 164. 4 deaths. Were in now reporting 60 cases Solano County 31 Sonoma County 44 1 death and that the county has 6 cases. While the number of cases and the state does continue to climb new york state has more than 10 times the number were seeing in california and their hospitals are overflowing tonight kron fours dan kerman talk to medical experts about whether that is a preview of things to come here or of california may be flattening the curve and dan joins us live from the ucsf Medical Center. Dan. Well catherine medical experts believe that here in california. We are indeed flattening the curve and in fact gettin
Breaking news. U. S. Stock market futures are limit down even as the Federal Reserve slashed rates to stave off recession in the face of a global coronavirus threat. Life in america changing rapidly as governments at every level take drastic and unprecedented steps to try to slow the spread of the pandemic. Major retailers including nike and apple, shutting their doors for weeks. Well talk about the fallout for the u. S. Economy it is monday, march 16, 2020 squawk box begins right now. Good morning im becky quick at cnbc headquarters joe kernen and Andrew Ross Sorkin u. S. Equity futures hitting limit down after dropping 5 that means they cant trade any lower this morning those are the curbs set up by the exchanges. You will continue to watch whats happening with the etfs, however, because they are not held to the same restrictions. Can you see the dow etf is down by 9 . The s p etf down by almost 9 . That gives you a better idea of where the major averages would open if we were open h
Biggest democracies. Im 1st welcome to the program the new coronavirus has reached europe and it is spreading. Italys been hit the hardest with some 220 cases reported and the death toll at 7 italy is the 3rd largest economy and an often fragile one its economy shrank last quarter and fears are the coronavirus could lead to a recession there the disease cluster is in italys Lombardy Region the countrys economic hard land lombardy accounts for one 3rd of italys Economic Growth and it is responsible for half of the countrys exports northern italys economy is already suffering menaces famous carnival had to be cancelled early cafes and Hotels Remain empty now that hurts tourism accounts for 13 percent of the Italian Economy fashion makes up 5 percent of g. D. P. And thats also flailing the most important Fashion Shows and design fairs take place in milan again in lombardy and italys economy is tightly intertwined with other you European Countries at least borders were to close it would be