Set up to benefit those who understand people who actually believe things that are not true that is a crisis for democracy is a crisis of concentration the bottom line. Im daryn jordan this is counting the cost on aljazeera your weekly look at the world of business and economics this week its the 1st nation in lockdown in europe after a spike in deaths from the coronavirus maybe the worlds biggest economy but growth has been anemic over the last 20 years so will it need a eurozone bailout. Plans employing 14000000 people across europe are shutting down we talked to b. M. W. About the future of the industry. Spending the cash on stock buybacks to make shareholders richer airlines are begging for bailouts. Well the worlds biggest economy and its 60000000 citizens are under lockdown its really became the 1st european nation to introduce drastic measures to control the spread of the corona virus outside of china italy has recorded the most deaths from the virus schools have been closed sho
Saying youll be in to go build United States we will not be with you we meet with global news makers about the stories that matter just 0. Hello im daryn jordan this is counting the cost on aljazeera your weekly look at the world of business and economics this week its the 1st nation on lockdown in europe after a spike in deaths from the coronavirus maybe the worlds biggest economy but growth has been anemic over the last 20 years so will it need a eurozone bailout. Plants employing 14000000 people across europe are shutting down we talked to b. M. W. About the future of the industry. And after spending the only a cash on stock buybacks to make shareholders richer airlines are begging for bailouts. Well the worlds biggest economy and its 60000000 citizens are under lockdown its only became the 1st european nation to introduce drastic measures to control the spread of the corona virus outside of china italy has recorded the most deaths from the virus schools have been closed shops have
Infections that nears 14 found. And israels president to ask the Opposition Leader betty guns to form the next government to end a year of political style. So then its italy has recorded the 25 percent increase in coronavirus deaths its largest single day uptick 368 people died on sunday putting the total past 1800 thats nearly a week after a nationwide lockdown was declared on 16000000 people restricting travel and banning public gatherings italy is the worst affected country outside china journalist julie unlikeness explains the strain on the Health System in northern italy. Biggest emergency is still quite contained to the north of italy the region lombardy especially. And its slowly spreading south thanks to the emergency measures that the government has put forth but lamberti is there for me every day ask for help because their hospitals are overcrowded they have been moving some of their patients to sow than hospitals because they do not have any more beds for people with coronav
Of the outbreak and italy reports 368 deaths in 24 hours the highest number of course of our state alison there in a single day so. Thank you for joining us the u. S. Federal reserve has announced emergency measures aimed at containing the economic fallout of the coronavirus pandemic its cutting the benchmark Interest Rate to near 0 the same rate in place during the 2008 financial crisis the virus is also causing major disruptions in the biggest cities the songes has not followed new york in ordering the closure of restaurants bars and nightclubs alan fisher has more from washington. From the president of the United States was comforting americans relax with doing great it all will pass. From the man heading the drive against the virus a starkly different message the worst is yes good for us it is how we respond to that challenge the number of confirmed cases in the u. S. Is no more than 3000. 00 states are shutting down bars and restaurants curfews are starting to be introduced the fa
Shelves a cost europe including the u. K. Where the government is accused of not acting quickly enough to contain the strain. Thank you for joining as the United States is stepping up its efforts to combat the spread of corona virus and the Economic Impacts from it mayors of some of the largest cities have already ordered the shutdown of bars and restaurants and the Federal Reserve bank has stepped in to try to provide relief for businesses but the head of the Coronavirus Task force is warning the worst is yet to come alan fischer reports from washington. From the president of the United States was aimed at comforting americans relax doing great it will pay us moments later from the man heading the drive against the virus. Starkly different message the worst is yes the head for us it is how we respond to that challenge the number of confirmed cases in the us is no more than 3000 states are shutting down bars and restaurants curfews are starting to be introduced the face of america is c