Home prices up 3. 8 year on year. Roadmap begins with a turnaround tuesday. Stocks set to bounceback as markets attempt to recover from the worst drop since 2018. The drug maker shipping the first batch of this Coronavirus Vaccine as the World Health Organization warns the outbreak has the potential to become a pandemic. And the top performer sector just last week losing more than 200 billion in market value yesterday and set to fall again at the open today. As stocks come off, as we said, the worst day in the couple years, the coronavirus numbers continue to climb both in and outside china. Total confirmed cases exceed 80,000. Deaths surpassing 2,700, heading into the session the downd at s and the s p are in negative territory. We have croatia, bahrain added some. The Iranian Deputy Health minister tested positive. You cant read all the headlines theyre coming too quickly. And i think iran and italy are the two that i think people are focused on. But all these others, they always in
Groan a Virus Outbreak has been labeled a pandemic by the World Health Organization. Says hes alarmed by the spread and severity of the flu like disease and the lack of action to combat it Johns Hopkins university in the u. S. Puts worldwide infections at well over 125000 china has the most followed by italy iran and south korea almost 67000 people have recovered from the illness but more than 4000 have died and as weighing ramping up travel restrictions as president ronald trump will be addressing the country in the next hour. At our White House Correspondent is covering this so kimberly what do we know about what the what the white house is trying to do with what the president s comments in the last few weeks to say the least and theyve been mixed messages the president says something is medical experts Say Something else he says Something Else on twitter what can we expect in the next couple of hours from him. Well i know that most americans are hoping for clarity whether or not the
Shadow chancellor John Mcdonald will measure this budget with joining me now from geneva in switzerland is someone who has advised a shadow chancellor standing cofounder of the basic Income Earth Network guy thanks so much for coming back on so after years of tory austerity the un called it callous policies driven by a political desire for social reengineering how well prepared is the chancellor to offer policies in response to Something Like coronavirus well to be frank i think its almost irresponsible to be having a budget today the chancellor is a young man whos never had a senior government position before and hes been in the job for weeks to prepare a complex budget and an extremely sensitive moment in our modern history when weve not only got the pandemic rushing towards us but the World Economy is at the very very fragile state. Bad mistakes at national and International Level could lead us into a big recession i want to get to those macro level top topics in a 2nd but im not su
Parents become the latest seem to be disrupted by the coronavirus as they came with strasburg is called off. Saudi arabia has reportedly arrested 2 senior members of the royal family the wall street journal says the crown prince muhammad bin nayef and the kings younger brother prince had been the lizzies all solid being held over an alleged coup attempts well just here as alexey obrien reports. The Saudi Crown Prince mohammed bin solomon has moved to consolidate power since removing his cousin mohammad deny a physical to the throne and 27 tane now 3 years on the knife is reportedly accused of trying to push out the crown prince and that seeing him and his brother detained as well as the saudi kings youngest brother ahmed bin abdulaziz there are some kinds of rumors and innuendoes that there is term or within the family in the form of criticism but that doesnt justify you know being arrested like criminals with mass Security Forces coming to their homes and yanking him out of their priv
Will also not apply to the United Kingdom truck justified the strict measures by blaming european leaders now dealing with a mass outbreak of cases. The European Union failed to take the same proportions and restrict travel from china and other hot spots with Financial Markets falling and a rising number of americans staying home from work trump also urged the u. S. Congress to put in place measures to provide Financial Relief if we are vigilant and we can reduce the chance of infection which we will we will significantly impede the transmission of the virus us corona virus infections now number more than a 1000 prompting local governments around the country to cancel large public gatherings closed schools and even ban fans from sporting events Late Wednesday the n. B. A. Suspended its season after a utah jazz player contracted the virus and in another stunning announcement hollywood superstar tom hanks and els t. V. And his wife also tested positive in recent weeks trungpa sought to c