As demand dips and price wars loom with brent reaching its lowest level since 2002. Awe quarry tet of eurozone banks scrap their proposal after the ecb wants to preserve cash until october in a bid to maintain liquidity the number of confirmed coronavirus globally has risen 723,000. The death toll has risen to 34,000 germany and france have started lockdown with germany. The number of deaths in italy has fallen for the second straight day tough restrictions remain in place. Elsewhere china says it has posted a drop in new cases for the fourth consecutive day as beijing battles against a second outbreak of the virus. How are the markets reacting to it markets are trading on the back foot in europe. We are seeing some pretty substantial losses coming together in the early hours of trade. Ftse 100 down 2. 6 in the germany the dax is holding up a little better, down just 1. 4 . A few sectors are getting a particularly hard hit this morning after some analysts weighed through the impact of
A very warm welcome to the program on this wednesday evening at 11 pm here in the russian capital lets get started with your live news update. Putting the u. S. On to a war footing against the coronavirus President Trump has said hes invoking the defense production act meanwhile the senate has passed a Coronavirus Relief plan to expand paid leave and Unemployment Insurance says u. S. Markets remain volatile and ive seen yet another bloodbath despite a massive financial stimulus package announced on tuesday film often has the latest. As everything seems to be called a native and quite a crisis we have donald trump invoking the defense production act now that is a law that was 1st invoked during the korean war gives the government the ability to have industries ask a late production the hope is that with the government invoking this act there can be an escalation and rapid production of masks medical supplies and other needed materials now donald trump has got a lot on his plate because
Reported cases of coronavirus with at least 60 deaths. The u. S. Travel ban on europe now has been expanded and it includes the United Kingdom and ireland effective monday at midnight overnight france and spain were put on lockdown with some of the worlds most famous cities closed to business back here at home. Chaos overnight. Countrys busiest airports with passengers waiting for hours at customs after rushing home from Europe Walmart and publix and wiegmanns are cutting hours to give their employees to restock shelves. We will take your questions live to our doctor coming up. Wet gel you the answers you need to stay healthy. Sunday spotlight with business grind to go a halt in major indices across the country what happens to all of those employees looking at uncertain future our sundays closer harry smith on this moment in america and the hope that our collective social distancing might bring us together later in our sunday sitdown a human ray of light in an otherwise dark week. Emmy
It watching our 2 international bring your leg against the coronavirus President Trump has said hes invoking the defense production act that says u. S. Markets remain volatile and are headed into yet another bloodbath despite a massive financial stimulus package announced by the government on tuesday hell moppin has latest as everything seems to be called mineta and quite a crisis we have donald trump invoking the defense production at now that is a law that was 1st in invoked during the korean war gives the government the ability to have industries escalate production the hope is that with the government invoking this act there can be an escalation and rapid production of masks medical supplies and other needed materials now donald trump has got a lot on his plate because the stock market took a. Very dramatic plunge we saw at this point what people are calling a historically unprecedented volatility on the New York Stock Exchange dramatic drops taking place in response to that we hav
Youre watching our 2 international bring your live news updates from our studio here in moscow welcome to the program. Putting the u. S. Onto a war footing against the coronavirus President Trump has said hes invoking the defense production act you know all the senate has passed a Coronavirus Relief plan to expand expand a paid leave an unpleasant insurance as us markets remain volatile and are headed into yet another bloodbath despite a massive financial stimulus package announced by the government on tuesday hell often has the latest. As everything seems to be called a native and quite a crisis we have donald trump invoking the defense production act now that is a law that was 1st invoked during the korean war gives the government the ability to have industries aska late production the hope is that with the government invoking this act there can be an escalation and rapid production of masks medical supplies and other needed materials now donald trump has got a lot on his plate becau