And saunders go head to head in the latest democratic primaries. At all the Indian Springs the league to be played in empty stadiums as countries try to stop the spread of coronavirus. Welcome to the news our top story you leaders have pledged to do everything they can to protect the blocs economy from the corona Virus Outbreak following an emergency Video Conference c. E. O. Announced its setting up an Investment Fund of up to 28000000000. 00 to support Health Care Jobs and Small Businesses e. U. Fiscal rules and regulations on state aid will also be relaxed to facilitate public spending. 1st and foremost we must act at the Macro Economic level and to be very clear from my part to we will use all the tools at our disposal to make sure that the european economy weathers this storm or cases of the coronavirus have been reported now in all 27 Member States of the continent is grappling to control its spread italy is at the forefront of the crisis and has its whole population on lockdown
Global come to the program our top story european leaders are meeting to discuss the spread of a cry in a virus but concerns over the outbreak forced the emergency summit to be held by teleconference at the reverential meeting need as pledge to do everything they could to protect the blocks economy from the chrono Virus Outbreak an Investment Fund of up to 28000000000. 00 has been established to support Health Care Jobs and small businesses. First and foremost we must act at the macroeconomic level and to be very clear from my part to we will use all the tools at our disposal to make sure that the european economy weathers this storm. Or cases of the crime of virus have been reported in all 27 even Member States with very much a forefront of the crisis and choose they was the 1st day on the major nationwide restrictions there but 168 deaths were still reported in the past day now taking the toll to 631 overall reports European Union leaders are grappling with the fact that one of their
Coronavirus negatively impacted travel and tourism and that while Manufacturing Activity expanded in most regions, some supply chain delays were reported due to coronavirus. In cleveland specifically firms noted weaker demand because of the 737 max production stoppage and concern over the coronavirus impacting supply chains. In boston one retailer said inventory levels were being impacted by the virus, which slowed production at some cheese manufacturing plants also in cleveland a number of manufacturers reported weaker demand from china weighing on Commodity Prices in st. Louis contacts were concerned about what impact the coronavirus will have on Commodity Prices and agricultural purchases several districts said producers feared further disruptions in the further weeks. In richmond there were concerns about coronavirus lowering imports of inputs and retail goods from china in the coming months only the chicago district noted little affect to date from the virus. Now, employment incre
Or broadcasting live to recommend studios in moscow this is an International Im sean thomas certainly glad to have you with us we have major breaking news out of the middle east in this hour a high profile iranian general soleimani is among several assassinated in a u. S. Drone strike in iraqs capital for more on this were going to turn to our senior correspondent. Live in the studio you are our man on the ground or you have been our man on the ground there in iraq you know the region you know the area you know the politics there. Big news what do we know so far well its all developing were right on the nights edge the situation is tremendously tense it is incredibly dangerous and the 2 sides the United States and iran and now on the verge of literally war reigning in National Security council is convening right now to discuss how to retaliate and a president ial aide to the president said that the United States must now be ready fool retaliation just just to recap this will happening
Time to for global exchange. We are going to bring you todays market we would news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. Want to start in japan. Prime ministers shinzo abe and im sick stimulus measures to keep recession at bay. That Package Amount to around 239 billion. Going to me on the phone from hong kong is enda curran. Does this match expectations . What is the read in terms of growth . Enda slightly bigger than expectations, but nonetheless it is an important shift. There has been criticism for some time that the boj has put much run the course in terms of what it can do for japans economy, so economists had been saying more had to be done on the fiscal side. This could help offset a recession. The economy has been hit by natural disasters, by weak exports, and theres a feeling that this money may endure beyond the 202011 picks in japan olympics the 2020 in japan next year. And fresh spending that is leaving markets and