As more countries face rising infections demand for personal protective equipment outstrip supply. And anger and frustration in ecuador where families face unusual challenges as they try to bury their dead. More than 1100000 people around the world have coronavirus the u. S. Is urging people to take greater precautions to help contain the pandemic face masks are now being recommended a reversal of previous official advice the u. S. Government is also promising to pay for tests and treatment for tens of millions of americans without medical coverage more than 250000 americans have been infected ahead of the International Monetary fund is described the pandemic as humanitys darkest hour Christina Georgieva says its pushing the world into recession shes calling on advanced economies to help developing ones. And in china millions stood in silence to honor more than 3000 people who have died of corona virus china says its contained the sprite but some restrictions have been tightened again
Possible easing its social distancing restrictions to reduce the economic strain of the corona virus outbreak. A 2 week quarantine for prisoners across the u. S. As federal jails try to limit the spread of the corona virus amongst in mix. And sport further talks are taking place to discuss English Premier League footballers taking a pay cut a deal is being negotiated that will see players salaries reduced by 30 percent. Spain says more than 800. 00 people have died due to the crown of our assault break and just the last 24 hours but there are hopes infections could be slowing as they try to tell us the numbers have declined for a 2nd day more than 11700 people have now died in spain since the outbreak began the number of new infections in spain continues to rise and nearly 125000 confirmed cases. Meanwhile the u. S. Centers for Disease Control is urging people to wear face masks to reduce the chances of infection or reversal of previous official advice u. S. Government is also promisin
With the hopes of going ahead. The Federal Reserve move made a turnaround. That led to selloff yesterday. Dow industrials down 582 points, nasdaq down 18 and s p lower by 67. Reports that u. S. Airlines are looking into voluntary shut down of passenger flights across the country this morning. We will take about it. Ceo of boeing David Calhoun joined me later this morning on asking for bailout, suspending dividend and foregoing his own pay and shuts down. Im going to have a report for you jpmorgan says theres a trillion dollars wait to go flow waiting to flow into stocks. President Boris Johnson putting people in lockdown and banning meetings of more than 2 people. Take a look at asian markets here. South korea doubling coronavirus package. Kospi index off 8 and a half percent overnight. More bad news on the chinese economy to report. Latest survey from china warning economy could shrink to 10 to 11 . Thats just the First Quarter for china. Take a look at 10year treasury rise and settin
Sirens wailing and flags at half staff china honors its victims including Health Care Workers. Also air Water Pollution may have been improving but another environmental problem is piling up medical waste. Another 708 people have died from coven 1000 in the United Kingdom its biggest daily its in a 3 week lockdown right now to try to slow these infections down which are now above 42000 but warmer weather this weekend could tempt people to be outdoors there is potentially better news from europes the worst affected country that is italy its seen its 1st drop in patients receiving intensive care elsewhere the u. N. Is warning the pandemic could put another 8000000 people into. Extreme poverty all across latin america. He would tell us about that from colombia we will also have mike hanna and washington d. C. With details of the latest numbers from new york are just cochairman tony is in milan italy will go to him and now mary joins us live from london so lets start with merriam samarium
Risks to health with the health of the economy. Remembering their dads china pays tribute to its thousands of coronavirus victims. The number of corona of our confirms corona virus cases in the United States has now topped 300000 with more than 8100 deaths the grim news comes as President Donald Trump on reporters that the next 2 weeks would be the hardest but he told them he had contingency plans in place to handle the coming crisis were going to be airing a tremendous amount of military. To help supplement the states thousands of soldiers sailors thousands of medical workers professionals nurses doctors and itll be a large number itll be will be telling them over the next very short period where theyre going theyre going into war theyre going into a battle that. Theyve never really trained for nobodys trained for theres nobody saying this and the numbers coming out of new york state show no sign of improvements on saturday it recorded 630 deaths its biggest 24 hour increase since the