Program the u. S. Stock market is on the brink of ending one of its greatest ever run with the corona Virus Outbreak not officially labeled a pandemic investors are asking how bad the fallout is going to be after all the World Health Organization has also cited quote alarming levels of inaction by governments on the virus on wall street shares in the Dow Jones Industrial average dropped almost 6 percent for the 1st time since the 2009 financial crisis the dow has now entered into a bear market the find as a 20 percent drop from recent highs. For more on wednesday sell off here is our correspondent hossein was down. Here on wall street it was mainly calls by 2 factors one that we still like any concrete details on dot pisco stimulus package President Trump said that with the markets already closed a payroll tax cut will be good for people still lacking any concrete details the 2nd is the use of the war pandemic these surely did not bring any confidence in a market at a time daddy seems
Systematic issue a major change in the system for manufacturing and delivering pharmaceuticals. The implications of one country controlling the supply of medicine are astounding. No matter what country we may be talking about. Think about it, what if there is a Global Pandemic and its hard to move product across the world because of that . What if there are heightened tensions within the South China Sea, everyone can be vulnerable, everyone could be put at risk. The role of the fda in the situation cannot be overstated because the fda cannot be as effective in assuring the safety of our medicines and force long areas of the world as it can at home. Many of us are not aware of the facetoface contact that the fda has for those manufacturing our drugs. The inspections they conduct. The very handson work involved in making sure the manufacture of drugs is safe. They certainly set up offices all over the world to do that but that is not the same as having offices carrying manufacturing in y
A jump in deaths inside china and infections of brined the globe the world struggles to contain coronavirus. Also military deals and commitments towards a trade agreement sounds u. S. President donald trump wraps up his visit to india. And Global Support continues to be impacted by the coronavirus outbreak with rugby 6 nations and now under threat and remembering a basketball legend kobe bryants a widow vanessa please the tributes to at a Memorial Service in los angeles. Hosni mubarak the egyptian president stood from paris during the arab spring uprisings has died aged 91 he passed away in a car on hospital where he had recently undergone surgery current president of the fatah sisi is among those offering tributes to mubarak well al jazeera is jamal was in cairo when mubarak fell well speak to him shortly and well hear from him or another of our correspondents who covered egypt extensively but 1st laura burton manley looks back on the later gyptian with his life and legacy. Hosni muba
Home prices up 3. 8 year on year. Roadmap begins with a turnaround tuesday. Stocks set to bounceback as markets attempt to recover from the worst drop since 2018. The drug maker shipping the first batch of this Coronavirus Vaccine as the World Health Organization warns the outbreak has the potential to become a pandemic. And the top performer sector just last week losing more than 200 billion in market value yesterday and set to fall again at the open today. As stocks come off, as we said, the worst day in the couple years, the coronavirus numbers continue to climb both in and outside china. Total confirmed cases exceed 80,000. Deaths surpassing 2,700, heading into the session the downd at s and the s p are in negative territory. We have croatia, bahrain added some. The Iranian Deputy Health minister tested positive. You cant read all the headlines theyre coming too quickly. And i think iran and italy are the two that i think people are focused on. But all these others, they always in
3 times wanted. So much. To spend in germany. Where exactly. Was. The last car culture history. Travel extremely worth a visit. To. The World Health Organization is now calling it a pandemic and the Novel Coronavirus again has markets in its stocks on wall street fell sharply as fears continue to mount over the economic fallout of the code would not also come boeing shares take another drastic tumble as the company tries to cope with the double whammy of its grounded 737. 00 and the corona and italy is famous for nothing as much as its fashion we take a look at the locks down countrys fashion industry the corrupt. Im chris cuomo welcome to the program the u. S. Stock market is on the brink of ending one of its greatest ever runs with the corona Virus Outbreak now officially labeled a pandemic investors are asking how bad the fallout is going to be after all the World Health Organization has also cited quote alarming levels of inaction by governments on the virus on wall street shares i