Going under current. Global Financial Markets back on the rollercoaster this friday as the fallout from corona virus persists stocks went into the kind of negative territory havent seen in 3 decades in fact u. S. Markets took their biggest one day hit since 987. 00 then asian markets dipped as much as 10 percent on friday before rebounding and so far trading in europe is going into positive territory meanwhile governments are taking ever tougher measures to stop the spread while trying to calm fears of people facing layoffs changes in travel plans and children who arent going to school but skoda lawrence in london the latest from europe what can you tell us lawrence. Well i mean 1st of all come on in relation to the markets which have been sorting about though its it has been a much more positive day in london frankfurt and paris i think seems to be for a number of Different Reasons the markets seen relatively reassured in different ways the european governments are doing what they the
Elections. A little after 1400 hours g. M. T. Which is 2 pm in london 10 am in washington d. C. Keeping an eye on all the updates on the coronavirus pandemic as it stands right now sudan has confirmed its 1st case ukraine is barring all foreigners from entering the country u. S. Markets which you saw a moment ago have rebounded early d trade after they had their worst one day fall in 30 years and as we also mention the e. U. Setting up a 41000000000. 00 fund to help european economies that will be taking a hit. In this outbreak so heres the team at this hour lawrence lee in london keeping an eye on developments across europe also kristen salumi of the New York Stock Exchange starting there with kimberly in washington d. C. Kimberly the story coming out of the u. S. Seems to be the issue of who is being tested or rather who isnt being tested. Yeah absolutely even some members of congress saying they cant get a test despite the fact that they have been meeting with their constituents thi
Least off the stocks took their worst hit since 1870 black monday crash this time caused by investor fears over the handling of the covert 19 crisis. By their one i am Early Saturday Morning here in moscow life from r. T. Internationals world news h. Q. Kevin owen here with a 30 minute update thank you time review tuned in around the world and its coronavirus start of the news again various lines and tell you 1st off several countries have declared emergency status friday in response to the outbreak of covert 19 spain joined a number of other european nations which is struggling for containment measures and the big news in the last few hours donald trump announced that the u. S. Is stepping up its risk level and response to unleash the full power of the federal government that the separate 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 for. A large amount of money for state
Hit in the rocky base housing u. S. And Coalition Troops killing 3 and ensuring many more. Has announced travel from europe to the u. S. Will be suspended starting on friday for 30 days and order to fight the corona Virus Outbreak the unprecedented restrictions do not apply to the United Kingdom though the president made the announcement in a National Address during which he accused the e. U. Of not responding quickly enough to the virus taking early intense action we have seen dramatically fewer cases of the virus in the United States than are now present in europe. The European Union failed to take the same precautions and restrict travel from china and other hot spots as a result a large number of new clusters in the United States were seeded by travelers from europe hours earlier the head of the World Health Organization described the outbreak as a pandemic for the 1st time expressing alarm at the spread in the severity of this disease Johns Hopkins university in the us says infect
Groan a Virus Outbreak has been labeled a pandemic by the World Health Organization. Says hes alarmed by the spread and severity of the flu like disease and the lack of action to combat it Johns Hopkins university in the u. S. Puts worldwide infections at well over 125000 china has the most followed by italy iran and south korea almost 67000 people have recovered from the illness but more than 4000 have died and as weighing ramping up travel restrictions as president ronald trump will be addressing the country in the next hour. At our White House Correspondent is covering this so kimberly what do we know about what the what the white house is trying to do with what the president s comments in the last few weeks to say the least and theyve been mixed messages the president says something is medical experts Say Something else he says Something Else on twitter what can we expect in the next couple of hours from him. Well i know that most americans are hoping for clarity whether or not the