Alarming rate with more than 150. 00 cases including several fatalities now being reported in the countrys financial and Business Capital milan Major International events such as Milan Fashion Week either scaled back or canceled outright schools and universities are closed and passengers on International Trains out of milan being tested for the virus the epicenter of the outbreak is long but authorities there have put several towns under quarantine affecting some 50000 people. From lets bring in our Financial Market correspondent Chelsea Delaney whos standing by for us in frankfurt not a lot of course is what frankfurt is to germany its italys Financial Hub hows this outbreak affecting trading. Trading is just Getting Started today but the mood is extremely negative not just an added were really across europe i mean i tell you and taxes down more than 3 per cent but stocks here in frankfurt and france and spain theyre all down more than more than 2 percent as well so theres a lot of fe
Being reported in the countrys financial and Business Capital of milan Major International events such as milans fashion week are scaled back all cancelled outright schools and universities are closed and passengers on International Trains out of milan are being tested for the virus the epicenter of the outbreak is lumbered the authorities there have put several towns under quarantine affecting some 50000. 00 people stocks in milan and in front for chits 3 percent and the latest coronavirus p s. A some Silver Lining on the business horizon comes from germany 0 institute the latest Business Climate index for february came in at 96 point one percent thats better than expected and for more im joined now by professor t. Mo of almost was a senior economist at the center for macro economics and service good to have you with us please tell me how is this better than expected business and cement fit in with the current coronavirus. Yeah thats true it was a bit of surprise this morning when we
For survival. Below chinas foreign minister has accused some countries of causing panic over the corona Virus Outbreak yang made the comments in the german capital as a big drop in the number of new infections was reported by Health Officials inside china there were just over 2600 recorded on friday a little over half the previous day the death toll has now passed 1500. Some countries have stepped up measures including quarantine measures which are reasonable and understandable but some countries have overreacted which is triggered unnecessary panic Farge Adrian Brown is in hong kong and he says if accurate the figures from Chinas Health Commission Show a positive development. This information these statistics are coming from Chinas Health commission and you always have to be careful i think with Chinese Government statistics i spent 5 years covering china and i was always very skeptical of figures you got from the government especially concerning you know its g. D. P. And i think you
A very warm welcome to the program from all of us here at our teach q. In moscow thanks for joining us this hour. Kemah this premier has summoned an emergency meeting with ministers as protesters shut down key rail routes across the country the rapidly escalating rallies hope to stop a vast proposed gas pipeline over Indigenous Territory arent used all quarter explains. Railways out of commission ports a backlog marches on the streets transportation across canada has been shut down by protests over a near 700 kilometer long gas pipeline and judging by the most recent actions there seems to be little hope for a swift resolution. To the. Day. At 1st a number of Indigenous Councils came to an agreement with the Company Coastal gas link to build a 6600000000. 00 gas pipeline that would run through Indigenous Lands but the chiefs of a small 1st nation called the what sioux wetton tribe came out against its construction and for that they were raided by the police. No you. Dont think that. Th
Good morning and welcome to the program this is our teams National Coming to you live from the russian capital into your live news update. Canadas premier has some an emergency meeting with ministers as protester shut down key rail routes across the country the rapidly escalating rallies hope to stop a vast proposed gas pipeline over Indigenous Territory quarter explains. Railways out of commission ports a backlog marches on the streets transportation across canada has been shut down by protests over a near 700 kilometer long gas pipeline and judging by the most recent actions there seems to be little hope for a swift resolution. At 1st a number of Indigenous Councils came to an agreement with the Company Coastal gas link to build a 6600000000. 00 gas pipeline that would run through Indigenous Lands but the chiefs of a small 1st nation called the what sioux wetton tribe came out against its construction and for that they were raided by the police. Dont you. Think that. Theres no need t