Welcome to the program the u. S. President has declared a National Emergency over the coronavirus pandemic Donald Trumps announcement frees up 50000000000 dollars to address a growing crisis that hes been accused of previously playing down well hours earlier the World Health Organization said the epicenter had moved from china to europe where italy has the highest number of infections and deaths spain is declaring an emergency as other e. U. Countries closed their borders to and in less than an hour a u. S. Travel ban from most of europe will come into effect it stops people from 26. 00 European Countries from flying to the u. S. For the next 30 days well alan fisher has more on the new steps taken in washington d. C. From the u. S. President a dramatic announcement officially declaring a National Emergency. 2 very big words with more than 40 dead and the number of infected growing the president has opened up funding include states to take important steps to blunt the spread of the vir
Market meltdown. Hang on, everyone, this is the final hour of trade. Good afternoon. Lets have a look at whats driving the action the lack of a Production Cut deal from opec coupled with a saudi price cut sending prices tumbling down 17 on the day alone. Coronavirus fears remain front and center as global cases top 111,000 and italy locks down a quarter of its population. And the bull market chaos rages on as yields on the tenyear at a low of 0. 31 and remain at the moment below 0. 5 . Joining us for the full first hour of the show, lindsey bell from ally invest they have 7. 85 billion in total customer assets. Shes here along with our team of reporters to break down this massive market sell off. Bob pisani is on the floor of the change Brian Sullivan covering the Oil Price Collapse mike is here to look in the the market mike holland ond transports. Well get to all our reporters the dow is down 7. 25 . B bob. Important thing is the Circuit Breakers hit this morning. Down 7 . Halted for
The more common peter w. Watching aljazeera live from our headquarters here in doha also coming up finally home over 100 South African nationals arrived back from china. Where the outbreak began. Was. Also heard singing in solidarity of people are doing their bit to ensure social distancing doesnt lead to loneliness during this pandemic. Has now become much harder for most europeans to enter the United States with a one month long travel ban on people arriving from 26. 00 countries now in affect the u. S. President donald trump took the drastic measures saying the e. U. Was too slow in reacting to the Virus Outbreak hes also declared a National Emergency freeing up billions of dollars to fight the pandemic. To unleash the full power of the federal government that the separate today i am officially declaring a National Emergency 2 very big words the action i am taking will open up access to up to 50000000000. 00 of very importantly very important and large about of money for states and
Good morning from the studio 57 newsroom at cbs headquarters here in nebeu. Im annemarie green. This morning the coronavirus threat is prompting state officials to take urgent action. Governors in massachusetts, colorado, and North Carolina are now the latest to declare states of emergency. The measure comes as philadelphia reports its first death from the virus. That brings the death toll in the u. S. To at least 32. There are more than 1,000 confirmed infections. In Washington State, family members are on edge after 21 residents at a nursing home tested positive for the virus. Thats the same facility where most of the deaths in the state have occurred. In california passengers continue to disembark from a coronavirus stricken cruise ship in oakland. Theyll be quarantined at military bases or sent back to their home countries. And just outside of new york city a growing cluster of confirmed cases in new rochelle prompted the establishment of a containment zone. As meg oliver reports,
Outside world across china movie premieres ballets exhibitions all counsel for now. Turkeys military is retaliating against Syrian Army Positions after 29. 00 of its soldiers were killed in an attack the airstrike happened in syrias didley province where in the last few weeks Turkish Forces have killed or captured more than 1700. 00 soldiers with ties to the Syrian Government has president had threatened more attacks against the russian backed regime if any more soldiers were harmed meanwhile and chris says it will no longer be able to stop syrian migrants trying to enter europe according to the Reuters News Agency Turkish Police coastguard and Border Security have all been ordered to allow any syrian migrants to cross into europe either by land or sea the latest round of fighting is only worse in the humanitarian crisis with more than a 1000000 syrians displaced at the border in the last few weeks. Has more now from hunting in turkey near the border with syria. The death toll among th