Life in syrias refugee camps its hard enough but what will happen to the thousands stuck there when the pandemic. Im brick off its good to have you with us 50000 dead and nearly 1000000 infected the numbers are bringing the global scale of the Coronavirus Crisis into plain view 1000 is exacting a heavy toll around the world but spain has been hit especially hard the country has passed a grim milestone in total fatalities and its seen a record surge in daily virus related deaths the Coronavirus Crisis is creating an economic crisis as well nearly a 1000000 people have lost their jobs since mid march meanwhile the countrys Health Care Workers they are overwhelmed and lacking critical protective gear. Stretched to breaking point the wards are philippas hospital the now the county so coronavirus patients lie in the corridors just north of barcelona medics have turned the Hospital Library into an intensive care unit spain is one of the worst hit countries the number of coronavirus death has
Surveillance. A bit of a different bloomberg surveillance. It has been 10 days that we have foroadcasting from all of our technical operators around the world. Arefocus is on what we seeing in terms of data. Is the euro area. It will give us an indication of exactly what the economy is facing. Euro area preliminary actually, its not preliminary. Anything below 50 indicates a contraction. Lets get onto your markets quickly. Thee is a lot of focus on banks after regulators have pushed a lot of u. K. Banks. European stocks are down. Im also looking at treasuries. Lets get straight to Bloomberg News in new york city. Died from coronavirus. Fatalities top 1000 confirmed cases in new york state. They have surpassed those in chinas Hubei Province sticking with President Trump, he said to announce the deferral of some payments. Bloomberg has learned he has announced a proposal to the late some levees for six months. This would not apply to tariffs the white house has imposed as a result of act
Churches coast to coast planning inperson Easter Sunday Services Despite stayathome orders, pitting pastors and parishioners against police. How you can worship safely. Were hearing from Bishop Michael curry and hillsongs pastor carl lentz on this good friday. Holiday weekend severe weather. The tornado threat for Easter Sunday. Where the storms are headed and how bad they could be. Were tracking the latest. Abc news exclusive. The emotional interview with one woman who triumphed over coronavirus. The new york mother with no underlying medical conditions tells us how she beat covid19 after getting that standing ovation from doctors and nurses when she finally left the hospital. Knowing that they cared that much to be there to, you know, to say that goodbye was wonderful. Why her story is a cautionary tale for so many. Her powerful message this morning. cause im gonna stand by you and paying it forward. The Small Business saved by our deals steals now giving back with an unbelievable do
Data, the u. S. Saying that beijing underplayed the number of cases and deaths. And we work may take legal action that softbank wants better terms on theirh rescue plan. Haidi . Inflationary pressures or lack thereof from south korea coming through the cps for the month of march. We are seeing a contraction of 0. 2 , better than the contraction we were expecting of 0. 4 . That is a month on month figure for Consumer Price pressures and south korea for the month of march. In atmber on year coming 1 , so a little better than 0. 8 expected, a little softer from the 1 reading in february. Expectingse have been some demand as well as the impact of lower energy costs, lower oil costs, the plunge in oil prices, down an average of almost 50 year on year so far this month. Debtor february february data carried through, and you would expect that to carry through to april as well. That is the south korean numbers. We have been looking at a lower open going into the trading in seoul and tokyo. Let
Loans, slash grants, becoming available right now, to the tune of close to 35, 40 billion thus farce. Conservative estimates. Maybe as high as 75 billion by the end of day. That is buoying the s p 500. The dow is 19 off its bear market low reached a little more than three weeks ago. A similar situation for the s p 500. Now, about 16 or so away from those lows. Whether that holds is anyones guess. But a lot amid talk as well well get more stimulus here or relief, whatever you want to call it. That it could rival the price of last and most recent relief package north of 2. 2 trillion, hard to say. Blake burman has been looking at all of that. Blake . Reporter hi, there, neil, hard to say indeed. Here is what i am seeing speaking to Senior Administration last night, there has not been sizable movement the last couple days next potential steps coming in terms of economic relief. I am told there are some ideas that they are kick around within the white house as of if that does happen, what