U. S. Lawmakers pushed for a cross party rescue deal to save the economy of the. Markets to their worst week since the 2008 financial crisis. With the top stories from the past 7 days and right up to the moment of elements as well this is the weekly are to international of the welcome. There is of course just one inescapable issue dominating everyones thoughts at the moment. Claimed over 13000 lives worldwide with the number of confirmed cases at more than 300 on a and its reached a grim milestone this week surpassing china as the country to have suffered the most fatalities currently more than 4800 people have died on saturday alone almost 800 succumb to the disease italy is now is shutting down all production of nonessential goods. We hear a pin union seal that self off to travelers from outside europe this week as part of wide ranging efforts to stop the spread of covert 90. 2 limits to support of the various bullet we agreed to we enforce external borders by applying coordinates te
Welcome to the program our top story the u. S. Federal reserve us cut Interest Rates back to near 0 in an effort to boost the american and Global Economy during the course of this and demick President Donald Trump congratulated the central bank during an announcement at the white house it lowered the fed rate. From what it was which was 121425 and its been lowered down to 020. 24 or point 24 so its 02. 2 for. A big difference its a. Quite a bit of a point. Lets go live to mike hanna now hes in washington and this is really the most drastic step taken by the u. S. Federal reserve since the financial crisis of 2008 i guess it gives you a sense of the shock the coronavirus pandemic is about to cause or is already causing in d. D. s senate also follows weeks if not months of urging by President Trump for the fed to drop its rates virtually on a daily basis the president has been insisting that the fed is airing by not dropping its rates so certainly this now is a major step in terms of cre
A cross party rescue deal to save the economy as the demick leaves markets dealing with their worst week since the 2008 financial crisis. With the top stories from the past 7 days on right up to the moment developments as well this is the weekly on r. T. E. International hello and welcome. There is just one in this capable issues and they are dominating everyones thoughts the moment coronavirus claimed over 13000 lives worldwide with the number of confirmed cases up more than 308000 it reached a grim milestone this week surpassing china as the country to have suffered the most fate talents hes currently more than 4800 people on saturday alone and almost 800 succumb to the disease italy is shutting down all production of non essential goods meanwhile the United States is now the 3rd most affected country in terms of infections the number now over 27000 around half of those are in new york. The European Union sealed it self olfa to travelers from outside europe this week as part of wide
The World Health Organization china doesnt example of how strict measures can counter the spread of the country reports its 1st semester. Base and. With the top stories from the past 7 days and right up to the moment developments this is the weekly an hour to International Hello and welcome to a developing story from croatia in South East Europe a 5. 3 magnitude earthquake has struck north of the capital causing significant damage to some buildings lets take a look at the latest footage weve been receiving from the debris scene on the streets here appeared on a number of buildings of one of the spires. Unlike cathedral collapse there are also were hearing Power Outages and problems with Water Supplies in some areas at new reports of any casualties but ive seen worried citizens come out on the streets despite current advice to stay indoors to tackle corona virus the interior minister has appealed to people yet again to practice social distancing the spikes at what happened in the early
To slow the virus spread to chancellor merkel and now says the closure of its borders with 5 neighboring countries and all nonessential stores will stay closed local is advise and germans to stay home. Im told me a lot of well welcome to the Program World leaders a taking sweeping measures in response to the coronavirus in the us President Donald Trump says he expects the worst of the pandemic could be over in july or august hes urging americans to avoid travel if they can to engage in schooling from home and to not visit bars or restaurant he says people should not gather in groups larger than 10 people lets listen to what trump had to say. Therefore my administration is recommending that all americans including the young and healthy work to engage in schooling from home when possible avoid gathering in groups of more than 10 people avoid discretionary travel and avoid eating or drinking at bars restaurants and public food courts if everyone makes this. Change or these critical change