So then italy has imposed unprecedented restrictions on all its 60000000 citizens as it tries to combat coronavirus theyve been told to stay at home and only emergency travel will be allowed the economy minister has Just Announced mortgage payments will be suspended and a 10000000000 dollar relief package is being prepared but take a look at rome at this moment its 10 am in the morning that the streets as you can see nearly empty amongst all the tourist sites usually overflowing with tourists here schools and universities theyre closed well go live to a town in northern italy in just a moment but 1st heres victoria be beginning our coverage. Its unease coronavirus that the demick already the 2nd most deadly after china has taken another dramatic turn with more than 60000000 people the countrys entire population under lock down from tuesday Prime Minister does that they contain says hes extending restrictions on movement after another spike in deaths from the coronavirus all public gath
Tuesday things are back in the green but the question is for how long were going to get to that shortly with some expert analysis but thats whats going on on wall street what about whats happening on main street please pardon the political cliche there an increasing number of businesses have been forced to close in major cities throughout the United States as of tuesday the United Auto Workers have called for a 2 week shutdown of plants operated by ford General Motors and chrysler to safeguard their members from a crow Virus Outbreak Movie Theaters Movie Theater operators amc and regal will close for up to 12 weeks Department Store nordstrom will close for 2 weeks apple stores have closed and the list keeps growing on tuesday at the white house u. S. Treasury secretary Stephen Moore nugent spoke about what the administration has planned to stimulate the economy and help those working americans. Although the president likes the idea of the payroll tax holiday i will tell you what weve h
Plus as the virus continues its spread across the globe so as misinformation about the outbreak and tech giants are teaming up to take it on and later the global Aviation Industry has been battered by the virus could help for the sector be just over the horizon we have a packed show today so lets dive right in. And after the worst day for the u. S. Market since 1987 were seeing a bit of a rebound following an early rate cut from the u. S. Federal reserve as the central bank tries to mitigate the Economic Impact of the coronavirus markets tumbled to yearly lows losing more than 10 percent and on tuesday things are back in the green but the question is for how long were going to get to that shortly with some expert analysis but thats whats going on on wall street what about whats happening on main street please pardon the political cliche there an increasing number of businesses have been forced to close in major cities throughout the United States as of tuesday the United Auto Workers h
South korea, president moon calling the current Economic Situation as an emergency. The rhetoric is not positive even as what we see the beginning of a stabilization for some of these virus cases coming out of china. Certainly, the attention is on what regional economies are going to be able to do to support Economic Growth. Lets take a look at what we are seeing on the markets. A milestone for Chinese Markets in recruiting some of those losses since the Lunar New Year break, but we have seen very little positive price action since then. Absolutely. A little bit of a tempering of the positive tone we had seen. After we made up the post Lunar New Year losses, it is notable that you look at stocks on the mainland and they are trading lower, but off by just 0. 1 , so trying to hold in, trying to higherd continue to move with the cautiously optimistic town. Off slightly to the downside. Where we do see losses leading the way, that is in hong kong and japan. Both the hang seng and the andei
Stopped Benjamin Netanyahu from claiming victory in the countrys latest election. And then support preparations for 20 twentieths taken yet another head at a test event has been cancelled in japan its the 2nd such event to be affected by the chrono Virus Outbreak. So turkey has shot down a Syrian Government warplane over it labe in the north west where Turkish Forces have intervened in the battle for the last major rebel held area this is actually the 3rd syrian fighter jet downed in as many days turkeys escalating campaign against Bashar Al Assads forces is threatening to bring it into direct confrontation with the syrian president president s ally which is russia of course meanwhile 8 civilians killed this is the aftermath of an explosion in city ready. Controlled area again dozens more injured in that blasts and interestingly fighting also intensifying in the south of the country much of it said to be going on around the city of dallas on the main despite a cease fire that has been