Right now on america this morning. Morning. Good monday morning, thank you for joining us. More of america is shutting down as state and local governments stake drastic new action to stop the spread of the coronavirus. At least 67 americans have died but the virus has spread to every state except west virginia. As a result, the cdc says any gatherings of 50 people or more should be cancelled for the next two months and several states along with big cities like new york and los angeles have ordered restaurants, bars and theaters to close. Restaurants can only serve takeout. California is going one step further, now urging people over 65 to selfisolate at home. President trump is urging people not to hoard groceries. The Federal Reserve has lowered Interest Rates but on wall street stock futures fell 1,000 points overnight. Also overnight, the National Security Council Posted this message saying rumors of a National Quarantine are fake. There is no national lockdown. We have a lot to get
Season trade came of an awful lot 18 times for those of you counting with participants noting that uncertainty continue to pose some risk to their outlook. They express concern about actibasi activity in manufacturing. Some participants commented on challenges to the energy and Agriculture Sector a couple noted that farm offsetting on farmers. As for risk, many saw it tilted to the downside. Some eased trade tensions with china and the probability of a no deal brexitlessen brexit lessened further. Some concerns were raised that keeping Interest Rates might encourage excessive risk taking in the financial sector. Some said it could be useful to cushioning the global economy. They struggled with how to phrase the 2 language some thought saying quote near 2 could be misinterpreted as suggesting that policy makers were comfortable with inflation running below that in the end they used both of those terms. Just couldnt decide. Thank you very much. Were going to turn to the other big stories
Robertsville, cambri park, good rain for you guys. Mountain view, rain along the 280 car door, and over towards Half Moon Bay along 1, 84, and 35. So thats where the rain sits now. I want to show you what happens over the next few hours. We bring a few bands of light rain over the rest of the bay area between now and midnight. And then things will quiet down a bit. Until we get to the second half of saturday when there will be another chance of rain, and ill talk to you more about that in the complete forecast in a few minutes. All right, darren, thanks for that. Well, its the end of an era in oakland. Really the end of a life style, you know. The raiders will likely play their last home game at the coliseum this weekend. Its a day that many Oakland Raiders fans have been dreading including our da lin. Hes live at the coliseum for us tonight. Da, i hesitate to ask because i can see the emotion welling up, but whats the emotion like . Reporter it feels like a funeral out here, especiall
Attack for political gain. He blamed the previous government for a law that allowed the perpetrator to leave prison early. The Labour Party Said the conservatives had been responsible for his release. Maltas Prime Minister, joseph muscat, has bowed to intense public pressure and agreed to step down over the huge scandal surrounding the assassination of the investigative journalist, daphne ca ruana galizia. He said he would hand over power next month after his governing labour party chooses a new leader. The un secretary general has told the bbc that governments need to stop subsidising fossil fuel industries if the world is to avoid the worst consequences of global warming. Antonio guterres said taxpayers money is paying for the melting of glaciers. He was speaking ahead of the un climate summit. Now on bbc news witness history comes from the Royal Academy in london, with razia iqbal. As part of the bbcs crossing divides season, we hear two perspectives on the 1979 iranian hostage cris
Manus it is all about the oil markets down here. We have had cracking conversations. They reckon it will be tough for the market to get above 64 a barrel. It is great to be back with you. On that trade discussion we are taking a look at the optimism around trade, catching a bid for safe havens as well as the reemergence of geopolitical risk with tensions rising in hong kong and the shooting of a protester. Manus we will get into the be hardoves, going to to get above 64. You have got the daily percentages of trade, aramco discovered more barrels and opecs outlook is not that great. You have got a couple of things we should keep an eye on. Gold, treasuries most important markets indicators. The worst week in three years last week. Slightly better this morning. Are thet positions highest since june this year. A little bit of a shift. People are worried about the rhetoric from donald trump. We have had the weakest shorts piling into the bonds but is it the right moment to do it . Nejra we