Magazine charlie. And a tense wait for results in tanzania after an election mobbed by violence and accusations of fall. Thank you for joining us we begin with the coronavirus pandemic and germany is imposing a partial lockdown from next monday to try and stop the record rise in cold in 1000 infections chancellor Angela Merkel says its needed to avoid a National Health emergency germany recorded nearly 15000 new cases on wednesday evacuees following developments from london and has more on germanys. In the local service she was responding to a very serious situation indeed she said that the doubling time for the virus house got shorter and the numbers in intensive care were doubling every 10 days she said shes been Holding Meetings with the leaders of germany 16 different federal governments have largely been able to set their own coronavirus rules but what shes looking for is a nationwide concerted effort to bring these spiraling figures under control so for november the 2nd all bars
New zealand going to issue 60 billion kiwi with Government Bonds between now and next year saying the net debt will rise. That will be in 2023. That is coming out of wellington. Looking at what is happening we have got the australian markets on the way. Of huge ball in the number people out of work but the Unemployment Rate better than expected, down to the dissipation rate their, falling quite drastically as well. That is where we have it. China 10 year bond. We have got yields going back as the price goes up. Risk off sentiment, facing unprecedented threats from the coronavirus and monetary and fiscal policy makers must rise to the challenge. Jay powell pushback talk of negative rates. Is an unsettled area i would call it. There are fans of the policy, but for now it is not something considering. We have a good toolkit. That is the one we will be using. Haslinda joining us from new york is nicole webb from weld enhancement group. So the fed saying not likely to go negative, but it is
Could be 41 percent higher than the government is reporting. A dire warning from the u. N. The pandemic could double the number of people around the world who are going to go hungry. And im peter sim to go to sport you a fur and its Member Associations holding a teleconference on tuesday to try and work out a way to finish the football season. Donald trump has declared that he will suspend all immigration to the u. S. To protect american lives and jobs from coronavirus which he calls the invisible enemy the move announced on twitter is in line with what hes trying to achieve throughout his presidency mr trump won the white house in part on a promise to build a wall on the Us Mexico Border his administration has since cracked down on both legal and illegal entries under an executive order and 2017 the president did ban travel from several muslim majority countries but was later modified after legal challenges and since february and march traveled to the u. S. From china parts of europe
Day. Saudi arabia already scaling back production ahead of the may 1 deadline. Lets take a look at how markets are setting up. New zealand is closed for the anzac day public holiday. No trading in kiwi stocks. Seeing optimistic. Japanese future going higher going into the bank of japan decision where bond buying could be on the table. Watching the japanese yen as it passes through rumors and conflicting reports on the health of the north Korean Leader, watching for a risk asset. Side in asiane trading monday, reflecting the pickup in u. S. Trading friday although we are seeing u. S. Futures trending lower in the morning asia session. Saudi arabia has already started curving output ahead of the may 1 starting date for the opecplus output and production curve agreement. Four days of gains when it comes to oil prices. Shery global confirmed cases having an impact on the markets, approaching 3 million according to data elected by bloomberg and Johns Hopkins university. There are signs new
Welcome to the program of terms are underway to track hundreds of people across the world who may have been infected with corona virus during a religious gathering in malaysia its now been revealed the event was attended by more than 1500 International Guests from 26 countries florence levy reports. Hours before malaysia shut its borders thousands of malaysian workers who normally commute to work in singapore every day brushed to lean students also formed long lines at bus terminals as confusion over whether campuses which shut prompted many to try to leave 2 police stations were crowded after people were told they would require permits for intestate travel only for police to temporarily withdraw the order even after the partial lockdown was imposed social distancing was forgotten as by is rushed to supermarkets to stock up on essential i mean rushing in the lobby of. The difference. Even if. We should be more Infectious Diseases experts have watched with alarm at whats happening here