Since 1987 the black monday crash this time caused by investor fears over handling of the covert 1000 crisis. Broadcasting live direct from our studio this is our Team International im sean thomas certainly glad to have you with us several countries have declared an emergency on friday in response to the outbreak of covert 19 spain joined a number of other european nations which are struggling for containment measures and now donald trump has announced the u. S. Is stepping up its risk level and response. To unleash the full power of the federal government did this effort today i am officially declaring a National Emergency. 2 very big words. The action i am taking will open up access to up to 50000000000. 00 of. Very importantly very important and a large amount of money for states and territories or localities in our shared fight against. This disease that we heard from trump you speaking in the white house rose garden surrounded by mike pence and other officials explaining the drama
Cases that is compared to chinas 81000 now worldwide there are now more than 529000 confirmed cases and more than 23000 deaths now these numbers keep changing by the hour and well continue updating through the broadcast. After days of debate republicans and democrats came together to pass the largest ever stimulus package for americans impacted by the coronavirus shutdown the bill is now headed to the house and President Trump has already promised his signature archies Rachel Blevins is joining us live with a breakdown of whats in this bill rachel well manila the senate alive and our vote is being called historic after the democrats and republicans who have disagreed strongly on this 2 trillion dollars stimulus package passed it with unanimous support Late Wednesday night President Trump who has already promised his support took to twitter where he wrote 96. 00 to 0 in the United States senate congratulations america as part of the stimulus package americans with an annual income of le
Cases that is compared to chinas 81000 now worldwide there are now more than 529000 confirmed cases and more than 23000 deaths now these numbers keep changing by the hour and well continue updating through the broadcast. After days of debate republicans and democrats came together to pass the largest ever stimulus package for americans impacted by the coronavirus shutdown the bill is now headed to the house and President Trump has already promised his signature archys Rachel Blevins is joining us live with a breakdown of whats in this bill rachel well manella the senates 11th hour vote is being called historic after the democrats the republicans who have disagreed strongly on this 2 trillion dollars stimulus package passed it with unanimous support Late Wednesday night President Trump who has already promised his support took to twitter where he wrote 96 to 0 in the United States senate congratulations america as part of the stimulus package americans with an annual income of less than
After the storm, global stocks stabilized after the worst selloff since the financial crisis. U. S. Equity futures rise. President trump says he will seek substantial relief for industries. Italy, though, in lockdown. A ban on travel and Assembly Goes nationwide. The who says the threat of a pandemic is very real. Crude gets back some of its losses after the biggest drop in three decades inspires decades. , after theaudi oil kingdom cut prices. Getting in there, looking at the cheap stuff. Do you see there anywhere else in the market . What does the gmm look like . Anna getting in and looking for the cheap stuff, emerging markets, rebounding rescan assets risk assets. Msci asian markets. In fx markets, the big move is around again. Gainrday, we saw the yen coming yesterday, we saw yen selling. The moves into havens yesterday a little overdone. Im seeing some kind of stabilization. How long will that last . We see yields going up a little bit. Some of that move into havens being unwound
Cruise ship is being treated with an experimental drug made by Gilead Sciences. Hes in the Nebraska Medical Center in omaha. Overseas, virus cases linked to italy have spread to five other European Countries, and virus cases linked to iran have spread to iraq, afghanistan, kuwait, oman, lebanon and bahrain. Brazil is testing a man who recently visited italy. If a second test is positive, it would be the first case in latin america. Health secretary azar told congress quote, we cannot hermetically seal off the United States. The cdc says its not if it arrives, but when. Worldwide, economies are slowing, there is a fear of association with anyone who may have been in any way near a Virus Outbreak. Some borders are closing, flights canceled, hotels with any possible carriers, locked down. All right. Now lets show you the markets. Its all over the place. The dow at one point very early this morning was down over, well over 400 points. Now weve got a green arrow showing maybe a gain of 60 p