A major expansion in coronavirus testing the u. K. Government extends knock down restrictions for at least 3 more weeks and Brazils Health minister is fired after a dispute with president abbas an hour over the call in a virus response. Chinas economy has suffered its shopping fall since it opened up to the world in the 1970 s. In the aftermath of the coronavirus pandemic Gross Domestic Product g. D. P. In the 1st quarter promenade by 6. 8 percent compared to a year earlier its the 1st time is contracted in decades as speak to our correspondent katrina youre in beijing so a story fall katrina but not a surprise entirely. No i mean outbreak prevention measures saw chinas economy at a standstill for almost 2 months Factory Production was halted businesses were closed and hundreds of millions of people were stuck indoors and the result is this full of 6. 8 percent historic as youve just said and also the 1st disruption to chinas an interrupted worth for almost half a century and we got so
The volatility continues to come down. 40 whenearly breaking it comes to the vstoxx. Monitor what is happening around the world. We are headed toward the european close. It looks more positive than it did earlier under the big story continues to be the efforts being made by governments to reopen markets, the effort being made by governments around the world to support Small Businesses and the everett for central bank to support the credit market. Lets get more insight into the bond and credit space. The fed and other Central Banks continue to make significant efforts. The fed is buying commercial paper today. Nice to have you on the show. We are in a situation where Central Banks are buying aggressively. Spacere buying in the bbb and the highyield space. What you make of price discovery right now . How realistic are these markets . Its a good question. You have had a huge bid to the market in the investment credit space and that has extended down the capital structure into highyield bo
Im chair of the committee and to my right and supervisor stephani and supervisor walton and were joined by supervisor hainey and i want to thank corwin coolee for staffing this meeting. Mr. Clerk, any announcements . Please make your you have silenced your stones and cell p. Items acted upon will appear on the march 10, 2020 agenda unless otherwise stated. Thank you, are clerk. Please all our first item. An ordinance to require the medical examiner to report information to the mayor, the board of supervisors and the director of health each month regarding deaths from Drug Overdoses. Thank you, supervisor hainey, this item is yours. Yes, thank you, chair. Im here, again, with you, committee to again discuss what we can t do to take action on te most deadly epidemic facing our city which is the Drug Overdose epidemic. Drug use and drug overuse deaths in San Francisco and across california, as we all know have been increasing at a terrifying rate and today, people in our cities are dying
Expected to arrive at harbor by midapril. Another ship, the usns mers sebased in san diego. Officials havent determined exactly where its going to be deployed just yet. Both ships of nearly three football fields long. Each has about 1,000 beds and 12 operating rooms. The centers for Disease Control says there are now 7,038 cases of covid19 in the u. S. At least 97 people have died. The virus has been detected in all 50 state, as well as the district of columbia, puerto rico, guam, and the u. S. Virgin islands. New york, washington state, and california have the most cases at 2,600, 930, and 598. Mms of parents likely spent this day trying to figure out what to do with their children who are home from school potentially through the end of the school year. San francisco announced theyll have a citywide plan for parents but it wont be ready until sometime next month. Christien kafton live with the didnt wants for parents and students. Reporter San Francisco schools are still in their firs
Checkpoint and sent home on monday. In washington, President Trump has just signed a coronavirus funding bill that would provide relief to businesses and people impacted by the virus. It offers more than 100 billion in food assistance. It includes guaranteed sick leave for workers and to make testing virus for the costfree. The United States and canada have agreed to temporarily close their share boarder to nonessential travel. Both President Trump and canadian prime minister, justin trudeau, say trade will not be affected by this closure. In california, Governor Newsom has told the National Guard to be ready to step in if communities need extra help during the coronavirus crisis. The governor says the troops can provide humanitarian missions like distributing food and supporting public safety. Health officials in napa county have ordered a shelterinplace directive as farring tomorrow at midnight to avoid spreading the coronavirus. There are no confirmed cases of covid19 in napa. A pas