Its the second day in a row that the figure topped 300. So far, more than 33,000 people have tested positive in the metropolis. Translator we should be on high alert for a possible rapid spread of infection. We would like to ask residents yet again to wash their hands, wear face masks, and maintain social distancing. During winter, we tend to shut up rooms while we use heating. But we should ventilate them from time to time. The western prefecture of osaka registered 231 new cases. And in hokkaido, it was a record 236. The northern prefecture is facing a surge in cases as cold weather sets in. Government officials and experts analyzed the current situations. The minister in charge of the Coronavirus Response expressed great concern. Translator we need to prevent an explosive spread of infections. We need tone tensible conduct pcr tests to deal with cluster infections. Well continue to take thorough antivirus measures while maintaining economic activities. Officials have decided to main
The governor of texas warns of a massive outbreak. The imf adds to the gloom, further lowering its Growth Outlook, saying the pandemic will cause even more damage than first feared. Haidi that lead really playing into the downside we are expecting in the asian market session. Lets get it over to Sophie Kamaruddin in hong kong for a look at what we are expecting. Board, pulling up the asian futures pointing to losses of 1 or more amid the imf. Warnings of a deeper recession with japan and the Growth Outlook taking a hit. 1. 2 in theup by red this morning. A down day with trade disruptions back on the table alongside virus risks. Flipping the board, we are seeing bonds on the advance. Aussie tenure yields off by four basis points. Treasury futures to the upside after the overnight flattening we saw in cash yields as the bond market is signaling a more cautious outlook than we have seen in stocks. Check out the dollar extending gains against g10 peers with increasing u. S. Trade tensions
They were next scheduled to meet march 17, so essentially coming out today and saying we will use the tools we had to keep monitoring the situation. Comes at a day the g7 finance ministers all got on a call and talk about what to do about the coronavirus. Is that a coincidence or is there some connection . The financetially ministers, led by Steven Mnuchin because the u. S. Is the host country for the g7 meeting, had a policy morning to talk about the coronavirus and the effect on the economy. Only hours later we saw the fed said they were going two. , he wasy as powell said going to talk to central bankers around the world. We think this will put more pressure on other Central Banks to potentially make a move. There was some talk in the markets about how whether or not the banks will make a coordinated move. The banks will move first. We will talk about what happens next with the boe, the bank of canada, etc. Guy did jay powell explain why this move will address this problem . He admi
It is one been one of the main demands. Excess meant of threats from china and russia. Military commanders are concerned about abilities to jam or destroy satellites. China views space as a critical u. S. Military and economic vulnerability. Australia bracing for another week of devastating rush fires. Three have died and more than 150 homes have been destroyed. Chunks of the eastern seaboard and greater sydney face what is called an catastrophic threat. Cother conditions are expected for the rest of the week. Global news 24 hours a day, online and at tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Welcome to bloomberg markets. Im vonnie quinn. From world headquarters, your other top stories we are following. Hong kong violence spreads. Communityhile the please tear gassed. Opec can do. D what every day more than 130 people die of opioidrelated drug overdoses, every single day. How the academic can be cur
A mission. In libya rape is such a taboo that is simply not open for discussion. I meant the human rights activist operating underground but hes determined to bring the issue of rape out into the open. Because he has received Death Threats a mad carries his entire life in a suitcase and he never sleeps in the same place. One of his contacts is a man known simply as the a c. She thought she was he would be looking for. A local school. And was. Looking for one. For years just seemed really inside but all the time he knew about men and women who had been raped and who needed help. In fact he was talking about himself. When the scene arrived in tunis he didnt want his identity revealed and his voice here is this guy. Yes and he will have a high with me and i did to want to you have to really. Think i did it to me and i think we have a softer side his life was take it was never the case. Lack of the. Feel. In the hoof. Because. You know me. You know for. Your level of we. Could have taken a