Contain it. Welcome to the program malaysia is racing to track down potential coronavirus carriers confirmed cases spiked to 673. 00 nearly 2 thirds of those are linked to a mass gathering of muslims have late last month now thousands of attendees still havent been tested across the globe restrictions are becoming more severe as the number of infections worldwide approaches 200000 australias Prime Minister is calling on citizens to avoid any International Travel and theres now a ban on indoor gatherings of more than 100. 00 people in the United States the trumpet ministration has announced a one trillion dollars stimulus package in a bid to lessen the economic fallout but oil prices have dropped to their lowest level since 2003 with wall street due to open very soon. In italy coronavirus patients are being moved to a new Treatment Center in rome more than 2500 people have died there and more than 30000 are infected and spains Prime Minister has been delivering updates on the situation
Healths on the States Harris ofthen drew Thomas Jefferson university. Washington journal is next. Is next. Sweep for joe biden in tuesdays primaries in florida, illinois, and arizona. It raises the question of when Bernie Sanders might withdraw. Washington journal this is this is washington journal for march 18. We will talk about that and the latest in the coronavirus responds with a near trillion dollar package likely. For those in the eastern and central time zones, the line is 2027488000. The mountain and pacific region, 2027488001. If you are a medical professional, really appreciate on yourfrom you experience. That line, 2027488002. Tell us where you are texting from in your name and the line is 2027488003. At c on twitter it is cspanwj. And on facebook it is facebook. Com cspan. The president this morning saying for the people who are now out of work because of the important and necessary containment policies, the shutting down of hotels, bars, and restaurants, money will be com
Heads for turkey but this is the same officials one of whom says its insensitive and irresponsible to hold the games. But im sure of the way to track hundreds of people across the world who may have been infected with corona virus during an event in malaysia the country has shut its borders to all travelers after registering 2 deaths and 790 cases many of those cases live links to a religious gathering of 16000 people in the capital elsewhere a story and speaking told not to leave the country its declared a human biosecurity emergency giving the government the power to seal off cities and impose curfews the United States has announced a one trillion dollar plan in a bid to try to lessen the economic fallout in less than 30 minutes well see if thats calm Financial Markets when they open in new york and in italy patients are being moved to a new Treatment Center in rome more than 30000 italians are infected the death toll there has passed 2500. Well lets begin with that story out of mala
So nbc news now has obtained a onepager, in effect, laying out the stage 3 proposal key terms. Thats the mnuchin proposal for about 1 trillion in stimulus and economic backstopping. Heres whats in it, as were going through it in realtime the Airline Industry gets a secured Lending Facility of 50 billi billion. Theyre saying it would be secured by lateral thats specified by the Treasury Department here. Other severely distressed sectors of the u. S. Economy, thats 150 billion. This document not specifying what other sectors might be included here, but theyre saying that it would authorize use of those funds for secured lending on loan guarantees to assist other critical sectors of the u. S. Economy, experiencing distress here. Also, theyre going to temporarily permit use of the Exchange Stabilization fund to guarantee Money Market Mutual Funds. What treasury is saying here is they will temporarily suspend the statutory limitation on the use of Exchange Stabilization fund for guaranteed
Activity as Economic Activity grinds to a halt here in the u. S. , the white house calling for half a trillion dollars in direct payments to taxpayers and says we could see bailouts for airlines, hotels, and cruise industries, all the sectors getting crushed in todays market and crude oil down a staggering 23 . Now trading just above 20 a barrel we have every angle covered for you. Bob pisani is on the floor of the New York Stock Exchange. Kayla is in washington with the response to lawmakers. And were covering the latest on the virus itself bob, first to you on another roller coaster ride today here at the Stock Exchange. We have a quiet morning i say relatively quiet, it was down 6 tach take a look at the s p i urge you to watch it emotionally. He said we need a 30spring break. This slow rollout of a shutdown is not working market dropped quickly to the lows of the day. We hit the Circuit Breaker at 12 50 eastern time, 15minute pause. We reopened. We have not dropped to the he second