And ibutions to this pbs station from viewers like you. Thank you. This is outside source on bbc news for viewers in a u. K. And around the world. We are covering the latest coronavirus developments here in britain and globally. The u. S. Has overtaken china in a number of declared deaths from coronaviru, and as the death toll in new yorktate alone surpasses 1500, the governor has this morning. War this virus isni morero powerful and dus than we expectedng. Spain record it biggest daily rise in the number of deaths, the number passing 8000. The u. K. Also record its highest number of coronavirus deaths in a single day as the infection rate gathers pace. 381 people died. And we go to a refugee camp in greece to find out how people there are dealing with the threat. Hello and a warm welcome. We start in the United States where the death toll from the dcoronavirus has now pas chinas. More than 3400 people have died concern confirmed cases. 0 outhree out ofamericans are now are about to be
Governor grisham we are working on a system that respects the instructions to stay at home. Its very clear about social distancing but we want to provide direct updates and today is an opportunity to do things a little bit differently. It will take a little longer. I really believe that the benefits of this kind of conversation with everyone in new mexico who has the opportunity to do now or later will be incredibly beneficial because in fact, we are all in this together. We will do a format that starts about where we are so you will get a case update from me. I want to talk about what we have done, kind of an accomplishment so you get a sense that things are happening all the time. And are still doing what to expect, what is the next several weeks or months and what to they look like and how do we know that . And then we are going to talk about any of the questions, we will have a dialogue and move got folks who provided questions in advance. I think there is an opportunity to ask que
Warns america to prepare for a painful time as new york surpasses chinas Hubei Province in reported cases, the deadliest day so far. Japan proposes its biggest ever stimulus package as the virus threatens a deep recession. The Business Survey this hour will gauge some of the damage. Haiti. Haidi haidi. Haidi lets take a look at how we are setting up in australia. Trickling online in the staggered open, seeing early signs of positivity when it comes to this market after ending the session lower yesterday. We are seeing upside of about. 7 at the moment as we are awaiting the rba march 18 Meeting Minutes later today. We are trying to get past the worst quarter ever, so downside of 25 for australian stocks over the last three months today is a new day and new zealand, we are seeing gains for a Third Straight session as the rbnz is doubling down in the bond purchase program. Japanese shares looking a little bit lower. They had the worst quarter since 2008 and the kospi also trending lower a
Protected tries to of an old law that has protected facebook. The coronavirus takes a toll with tech leading losses. Earlier, apple cut its revenue guidance for the march quarter with the outbreak continuing to impact the iphone maker supply and demand. Impactful,navirus is but not permanently impactful. In other words, it is a temporary blip. On the demand side longer term for apple, i dont see any issues so that gives me a lot of confidence we will see a nice rebound when this is over. 20 of revenue, a huge part of the supply chain. If the virus isnt contained, this will be a problem and longer term, china and the u. S. Are likely to be at loggerheads. I think the virus could be a problem longer market thing. Is no better ceo to handle the current challenges then tim cook and while it is currently concerning, having him at the helm is very reassuring. It is quite hard to shift production in a number of weeks. Emily we got more reaction from the Senior Research analyst at cowan who jo
Volumesaining 4. 5 , higher than average. Thethe dow, about 76 above 20 day average. For the nasdaq, about 50 above. Romaine as far as some of your leaders, kind of a mixed bag. Scarlet cosco comedy that costco, the best performer in the s p 500. I am thinking about volatility. Extraordinary gain as you and romain were talking about. More big moves to the upside and probably the downside are ahead. The spring500 during and summer. When it broke, it broke into huge moves. Both the upside and downside. We are looking at the best day since then. Relatively small moves, especially in the last quarter of last year. These huge, with moves to the downside, volatility is back. Volatility breeds volatility. There is probably more ahead as investors try to figure out what this coronavirus will mean for the global economy. Like most sectors, financials did really well despite the fact that the outlook for Interest Rates is not great. Treasury yields, new lows again. Financials were among the hard