Hello that was Headline News 247 this is our international. Break welcome to the program u. S. Stock market suffered its worst trading day since 1907 with share prices tumbling by 13 percent on monday the coronavirus pandemic is causing turmoil on Financial Markets worldwide despite drastic action from Central Banks to limit the damage discussed whats driving the selloff with our senior correspondent. Well theres only one way this is going and it is going down look at yourself in a matter of weeks the Dow Jones Industrial average this is this is an average of many major corporations so an index of their stocks the average it is plunged to levels that we saw that the world was out in 2070 so over the course of a few weeks weve raced all economic progress made over the last 3 years and this is still early days yet i mean the pandemic in the United States it is predicted to get much much worse essentially what were seeing is the equivalent of a run on banks so if a bunch of people right o
Stock market suffered its worst trading day since 1907 with share prices tumbling by 13 percent on monday the coronavirus pandemic is causing turmoil on Financial Markets worldwide despite drastic action from Central Banks to limit the damage kevin discussed whats driving the selloff with us senior correspondent. Well theres only one way this is going and it is going down look at yourself in a matter of weeks the Dow Jones Industrial average this is this is an average of many major corporations so an index of their stocks the average it is plunged to levels that we saw that the world was out in 2070 so over the course of a few weeks weve raced all economic progress made over the last 3 years and this is still early days yet i mean the pandemic in the United States it is predicted to get much much worse and essentially what were seeing is the equivalent of a run on banks so if a bunch of people run by sea to try to get their money out this is what investors are doing now with the stock
Stock market suffered its worst trading day since 987 with share prices tumbling by 13 percent on monday the coronavirus pandemic is causing turmoil on Financial Markets worldwide despite drastic action from Central Banks to limit the damage discussed whats driving the sell off with our senior correspondent. Well theres only one way this is going and it is going down look at yourself in a matter of weeks the Dow Jones Industrial average this is this is an average of many major corporations so an index of their stocks the average it is plunged to levels that we saw that the world was out in 2070 so over the course of a few weeks weve race all economic progress made over the last 3 years and this is still early days yet i mean the pandemic in the United States it is predicted to get much much worse and essentially what were seeing is the equivalent of a run on banks so if a bunch of people run by sea to try to get their money out this is what investors are doing now with the stock market
Reaction to. People. Who make. An independent inquiry into. The internet his. Behavior. Is your R T International my names you know neil 30 minutes of news start. With scientists around the world racing to find ways of combating covert 19 reports have claimed that the trumpet ministration offered a German Company large sums of money for exclusive access to any vaccine it develops berlin said however that any such deal is off the table the countrys ministers are sent to discuss the development in talks this monday rocca steve takes a look now at the alleged efforts to cash in on the crisis in the land of the blind the one eyed man is king similarly in the land of the infected the man with the vaccine becomes a god. To bring in based company is researching a corona vaccine and the High Pressure the government wants to secure the rights to it exclusively the German Government is trying to prevent this there are only 2 reasons why anyone would want a monopoly on a vaccine the 1st is money