Host of bulls and bears, hello to you. Give us the lay of the situation. It dropped before we picked up. Italy was down 5. 5 if you look at the Dow Jones Industrial average so to speak of italy, they have ten cities that are quarantined right now, and five people dead over 280 people have the virus itself and a huge growth of the virus in italy, and is close to milan, which is the Industrial Center of it easily. It scares people, because we are losing the industrial motivation that is coming out of china, because wuhan is so important in the supply chain of a lot of company is in the United States, europe, japan that depend on china to manufacture things from them. There is good news on two fronts. One that we have been here before. There have been viruses that affected the world and our markets as a result of that we have the sars virus in china, we had the swine flu, the cholera outbreak, zeke of virus, ebola, et cetera. They have a very strong impact immediately on the markets, but
The Governor Andrew Cuomo closing schools, places of worship and other large gathering spots in the hot spot of new rochelle where most of the states cases come from. New rochelle is a particular problem. It is what they call a cluster. The numbers have been going up. The numbers continue to go up. The numbers are going up unabated. People tell me the media is overreacting and blowing it up. Take it seriously. Assume its coming to you. Ive never experienced anything like this. Its surreal. I dont know what to at to say, know . I dont know how much risk im at. Sandra Rick Leventhal is standing by in new rochelle this morning. Rick. The National Guard is often deployed for combat missions overseas or help out to major disasters here at home, the aftermath of hurricanes and fires and glaods. The governor here in new york decided he needed them for the one mile containment zone. The hottest spot in the country. The most dense cluster and says the virus wont stop spreading on its own. No la
Home in hampshire, contributing to the highest one day increase in the uk of 83 cases. In italy, the worst hit european country, new Restrictions Mean all shops are closed except food stores and pharmacies. In new york, the victims of the former hollywood producer, Harvey Weinstein, celebrate his jail sentence of 23 years for Sexual Assault and rape. At 11 30 p. M. , well have an in depth look at the papers with our reviewers, former trade minister lord digbyjones and broadcaster henry ponce dean. Stay with us for that. Henry bonne sue. Good evening. The uk is set to step up good evening. The uk is set to step up its response to the coronavirus outbreak. The Prime Minister will chaira outbreak. The Prime Minister will chair a cobra meeting tomorrow afternoon, where its expected the Prime Minister will confirm if the uk will move from the contain phase to the delay phase. In the uk, there are currently 460 infected and eight people have died. A cabinet minister who the bbc is not naming
Good morning. Its 8am in singapore and midnight in london. The World Health Organization has for the first time declared the coronavirus outbreak a pandemic. The number of cases outside china had increased is fold over the past two weeks. In south korea a network of nearly a hundred laboratories has been set up and tests done on more people per capita than anywhere else in the world. Our seoul correspondent laura bicker has had exclusive access to one of the super labs where thousands of tests are being conducted every day. Getting critical patients to hospital as a race against time. They have to be tracked and tested, quickly. So in this battle to contain the contagion, these labs have become the front line. So, because of the safety, we are not going to go into this room. This is where the samples are being opened and prepared. Theyre testing up to 20,000 people a day, more than any other country in the world. A Lesson Learned from bitter experience with previous infectious diseases
Will self isolate. Hello to you. In just the past two hours, President Trump has announced a ban on all travel from europe to the United States for 30 days to try to limit the spread of the coronavirus. Addressing the nation from the white house, he said the band, which comes into effect on friday, will not apply to the uk. We also announced plans to provide billions of dollars in loans to Small Businesses to minimise the Economic Impact of the pandemic. After consulting with oui pandemic. After consulting with our top Government Health professionals, i have decided to ta ke professionals, i have decided to take several strong but necessary actions to protect the health and well being of all americans. To keep new cases from entering our shores, we will be suspending all travel from europe United States for the next 30 days. The numerals were going to affect friday at midnight. These restrictions make new rules, subject to conditions on the ground. There will be exemptions for american