Bit ileus under unprecedented restrictions after Prime Minister decepticon to announce strict rules on all its 60000000 citizens as it tries to combat coronavirus they have been told to stay at home and avoid all nonessential travel this is rome right now the streets are pretty much empty obviously this is a place that is usually overflowing with tourists schools and universities are closed a tour of the reports. Its a nice great virus that demick already the 2nd most deadly after china has taken another dramatic turn with more than 60000000 people the countrys entire population under lockdown from tuesday. Prime minister is that they contact says hes extending restrictions on movement after another spike in deaths from the coronavirus all public gatherings all banned and schools and universities closed until april the 3rd. There will no longer be a red zone there will no longer be a lawn and zone 2 in the country there will only be its only a protected zone so across the whole peninsu
So then italy has imposed unprecedented restrictions on all its 60000000 citizens as it tries to combat coronavirus theyve been told to stay at home and only emergency travel will be allowed the economy minister has Just Announced mortgage payments will be suspended and a 10000000000 dollar relief package is being prepared but take a look at rome at this moment its 10 am in the morning that the streets as you can see nearly empty amongst all the tourist sites usually overflowing with tourists here schools and universities theyre closed well go live to a town in northern italy in just a moment but 1st heres victoria be beginning our coverage. Its unease coronavirus that the demick already the 2nd most deadly after china has taken another dramatic turn with more than 60000000 people the countrys entire population under lock down from tuesday Prime Minister does that they contain says hes extending restrictions on movement after another spike in deaths from the coronavirus all public gath
Countries try to stop the spread of korean virus. So then europe is on the high alert has corona virus continues to spread rapidly across the continent and italy imposes unprecedented restrictions on the movements of its entire population european leaders are expected to hold an emergency meeting to discuss ways to halt the outbreak at this stage 27 European Union Member States have confirmed coronavirus cases the European Commission is calling for tougher measures to contain the spread. Member states must still focus on efforts to aggressively contain the virus particularly where there are few cases slowing down the virus must be our greatest priority in order to gain. In time for our Health Systems to function effectively and for research and development to france and italy people are stocking up on basic supplies as the government orders that 60000000 citizens to stay at home with massive restrictions on travel and public gatherings the country has the highest number of cases outsid
States as Bernie Sanders tries to stave off joe bidens momentum and im p. Dissimilar of italy issues a complete sporting ban and all games in spains lower league are not to be played in empty stadiums as countries try to stop the spread of coronavirus. Good to have you with us here on the news europe is on high alert to stop the spread of the coronavirus italy imposes unprecedented restrictions on its entire 60000000 population all 27 european Member States have confirmed that coronavirus cases e. U. Leaders are expected to hold an emergency meeting and the European Commission is calling for tougher measures. Member states must still focus on efforts to aggressively contain the virus particularly where there are few cases slowing down the virus must be our greatest priority in order to gain time for our Health Systems to function effectively and for research and development to advance. Stocking up on basic supplies with the government strongly advise and everyone to stay Home Shopping
Prices and wages section in the division of research statistics. Some context e thats the section thats preparing the forecast of inflation and wages fomc. Rices for the weve been long time colleagues and i want to assure any lawyers none of our that conversations should be nterpreted to constitute my making a request of the federal fomc. Ve system or the i think were clear. Our second panelist is jared senior fellow at the center on budget and policy priorities and hes been very years thinking about the labor market, nequality and macropolicy from his position both in the Obama Administration and in various think tanks here in d. C. And you read more about his thoughts on the economy. Let me turn the presentation over to them. Thank you very much. Steph. Here. A pleasure to be. Thank you chlt of making e spirit disclaimers i should say the they dontssed here, necessarily reflect the views of colleagues of the board or he Research Staff at the Federal Reserve system as a whole. Ill sta