Day and the main time inside story is up next. What to parents who called it 19 and the drop in the oil price tumbled the race to the point. Can build from the funny b. C. Story sent banks until the job only what it takes to beat. The special coverage on aljazeera. How is coronavirus affecting the Sports Industry all major events are being counseled all this phone as the pandemic takes its toll worldwide a multibillion dollar business is now at stake so can sport survive the oh great this is inside story. Hello and welcome to the program im peter dobby it is a very very lucrative business and almost recession proof but sport is being dealt a financial blow by the coronavirus major events are being canceled or postponed for the 1st time in many years from the Tokyo Olympic games to football matches fields arenas and stadiums will be empty for a long time to come athletes organizations and thousands of people who work at the sporting venues all affected revenue from broadcasting deals sp
Damaging as the financial crashes. Italy is taking steps to contain the worst infection rate outside of china. All businesses and pharmacies are ordered to close. Shery lets get you a check of the markets in the u. S. We had the dow fall into a bear. Arket territory, falling 20 the s p 500 a hair away from the 19 lower than the previous high. We had every group on the s p 500 sinking more than 3 . The nasdaq down 4. 7 . U. S. Futures under pressure. We have seen no more details on the substantive stimulus that President Trump had promised. In the afternoon, he said at one point that the u. S. May not need the fiscal measures. That did not sit well with the markets. U. S. Futures gaining 2 10 of 1 . We will see how we do without how we do throughout the rest of the session. News and headlines dominate market sentiment. Sophie a lot of caution. A she futures pointing lower despite the global stimulus engine being revved up. In new zealand, a fiscal response is being considered. The rbnz
74 basis points. Everything is down. I would imagine 90 of stocks are down. All 11 major indices are down in the region today in very high volumes. At this point, there is nowhere to hide, at least in the equity markets. Yvonne President Donald Trump announcing a suspension of all travel from europe to the u. S. For the next 30 days. The most farreaching measure yet in the administrations effort to combat the spread of the coronavirus. To keep new cases from entering our shores, we will be suspending all travel from europe to the u. S. For the next 30 days. The new rules will go into effect friday at midnight. David our Senior International editor, jodi schneider, is here with us. Thats a big deal. It is. There was a little bit of talk about it before hand, but not necessarily expected to stop all of the european travel for 30 days starting friday. It is something he can do without congressional approval. It is a major move. Also the way the president cast it. Clearly by having the spe
Thank you so much for joining us for our special coverage of the Memorial Service in the town of hono germanys leaders are gathering there right now together with thousands among them survivors and relatives to remember the victims of the racially motivated attack a far a gunman shot 9 people dead in shisha bars there 2 weeks ago he then went on to kill his mother before turning the gun on himself well the initial outpouring of grief in this city soon led to demonstrations not only in han alley itself but across the country people took to the streets to call on their governments to redouble its efforts in dealing with far right extremists well in the aftermath the german chancellor Angela Merkel described racism as a poison in society shes attending the Memorial Service today and. We will bring you german president frank of the star meyers speech live. But as we wait for him to stay to address the crowd at the memorial like to introduce to you my colleague your Political Correspondent
Coronavirus cases have been detected with no known origin. Sport it is canceling International Football friendlies because of coronavirus the lympics are also in downs but were in senegal where africas best boxers still trying to qualify at the 2020. 2 to the news that the u. S. And Afghan Taliban are due to sign a preliminary deal in the coming hours the could eventually and americas longest running war is the result of 18 months of talks but once its agreed to go the 1st stage will be a 135. 00 day period of whats called a meaningful reduction in violence to include the exchange of 6000. 00 prisoners now that deal is being. Described as a precursor to a Peace Agreement between the warring sides within afghanistan itself its hoped that this will lead to talks between the taliban and the government in kabul as well as the withdrawal of foreign troops now leading up to the signing theres been an initial weeklong reduction in violence and that mostly held although there were still some a