Battle plan. A simple message little on countries tourists theres tourists. The Global Response to the corona virus pandemic is ramping up but the World Health Organization is imploring governments to tests far more people with a suspected infection french president a man in moscow has declared war on the outbreak and is closing frances borders from 11 g. M. T. On tuesday the European Union has proposed a ban on all nonessential foreign travel to the shang and so on the president of the European Central bank christina god has faced to do whatever she can to stop the eurozone breaking up while the British Government which has been under pressure to toughen its approach is now asking people to. Nonessential travel and pods clubs and see if his us present donald trump has issued similar advise and is edging no social gatherings of more than 10 people it comes as wall street suffered its worst day for more than 30 yet alan fischer bring us more on the latest moves by the us. If theres a cu
Coronavirus cases climb, worries as the number of u. S. Cases increases without links to and outbreak. Joins apple and hp in scrapping its outlook on the virus. Standard chartereds cfo tells bloomberg it is too soon to say how bad it will be. Quit, factors will probably come through in march and beyond. The uncertainty at the moment is which markets is in which markets it will affect things. Matt europe on other. Matteo salvini tells bloomberg the Prime Minister is underestimating the threat. We are live in rome as Giuseppe Conte meets Frances Emmanuel macron today. We take a look at futures. They are a little worse in the is. Compared to well, no, stand corrected. They have dropped much more now in europe. Its rare you see a move in this order. Percent. Res down 1. 7 u. S. Futures have recovered a bit. They are down less than 1 across the three major indexes, although just slightly in terms of the nasdaq, down almost 1 . And more risk off news anna, do you see more risk off news on th
Talking about what is happening with the coronavirus and appointing Vice President pence. As he was speaking, one of the cases of unknown origin that happened in europe as predicted if you look at the treasury now, you see the 10year is yielding 1. 297 . Not negative yet. President trump speaking about preparations last night. We are very, very ready for this whether it is going to be a break out of larger proportions or whether or not we are at that very low level and we want to keep it that way he has tasked Vice President mike pence he also addressed the market response i think the stock market will recover. The economy is strong, consumers are incredible thats why we are doing well and other countries are not even before the virus our consume rp is very, very strong very powerful economically. And the president put some of the response of the dow to the democratic convection. Are you suggesting Financial Markets are overreacting here . I think Financial Markets are very upset when
They should expect nothing in return. Reporter u. S. Attorney Preet Bharara who has put a long list of corruption politicians in jail including Assembly Speaker Sheldon Silver and Senate Majority leader dean skelos is making it clear he will continue looking for public corruption in albany and the city, the mayor and the governor. Executive offices in government are far from immune from a creeping show me money culture thats been pervading new york for some time now. Putting crooked politicians in prison may be necessary but it will never be sufficient. Reporter de blasios lawyer didnt return calls. He said he is the mayors appointee to the Lincoln Center board and also the mayors fund to advance new york. Its chair first Lady Chirlane mccray and sources say that the feds are continuing to question high ranking members of the nypd. Head of patrol from manhattan north is reassigned to administrative duty pending further review. Investigators are reportedly asking whether capul took a pa