Comment on wall street as investors panic about the pandemics a devastating economic impact. As more flights are cancelled and borders closed to the leaders of the worlds 7 largest economies hold a Video Conference to discuss a unified response. Below in the past hour the president of france has announced dramatic new steps as his country fights the spread of the coronavirus told the french people they are at war with the disease as he warned them to stay at home its the latest development in a day when the british Prime Minister presented a tougher approach telling people to try to avoid transport and the e. U. Proposed banning all but essential foreign travel to the block for 30 days the World Health Organization says it is still not far enough. Barkha. 19 has silenced entire cities this is the tourist metropolis of venice now look at it 100000000 europeans are on lockdown in italy the number of dead and infected is rising steadily elsewhere in europe paris worked to its 1st business day of sweeping with strict sions the french president summing up the worsening crisis in one word to some. We are at war healthwise not against another country or another nation the enemy is there and its advancing and that requires our general mobilization we are at war all the action of the government must now be focused on the fight against the epidemic by night or by day nothing must distract us in its latest crisis briefing the World Health Organization urged countries to strengthen efforts to control the outbreak you cannot fire a fire blindfolded and we cannot stop this bundle me if we dont know who is infected we have a simple message for all countries test test test in the spanish capital madrid military were on the streets telling people to go home. Spains followed italys lead confining citizens to their houses unless they have to buy food medicine or seek medical help germany the economic powerhouse of europe responded to the crisis on monday by was strict in public gatherings and tightening its borders with austria france switzerland luxembourg and denmark several of germanys neighbors including denmark poland and the Czech Republic already close their own front tears. As the virus advances the global race to producer vaccines gathering pace in germany this firm hopes to have an experimental low dose coronavirus of vaccine ready by june or july available for human testing the company moved to deny reports that the us President Donald Trump offered large sums of money for exclusive access to it in the u. K. Where things have been more relaxed the Prime Minister announced a new raft of emergency measures without drastic action now Boris Johnson said cases of the virus could double now is the time for everyone to stop normally essential contact with. And to stop on necessary travel we need people to start working from home where they possibly can and you should still avoid pubs clubs theaters and other such social venues as the number of virus cases increases in remaining a network of volunteers is growing in book arrest to help elderly people forced into self isolation for the vulnerable these are anxious times country after country the situations been deteriorating rapidly europes leaders are calling on their citizens to remain united by being further apart. And move joins me live in the studio much more draconian measures from france which already had in place some pretty strict measures and it did indeed it is quite extraordinary the last few days weve had of leader after leader and im on your microphone Boris Johnson donald trump merkel the list goes on addressing their citizens live on television to tell them exactly how serious the situation is and to try and get them on board that was really the message from emanuel mccrone despite introducing a raft of measures including the closure of nonessential public buildings the tightening of social distancing involving the shutting down of cafes and bars and restaurants the closure of schools and universities all for all children and and students apart from the children of Health Workers nobody i think in france could have expected these measures to have introduced been introduced a week ago but then of course micron appears on National Television saying that we are at war with this virus a virus for many which is still an abstract concept despite people being told repeatedly that its coming in your direction. Very much trying to get the country on side what about the fact that the that some countries arent doing quite as much to me the World Health Organization is saying it really needs to be testing testing testing thats not necessarily happening is it no but well particularly the comments made from the show a little bit earlier on the day seemed to hit struck a chord here in the u. K. Where at least earlier on of the day the situation was a little bit more relaxed people were still able to go to social gatherings bars restaurants cafes are open there was no suggestion that there was going to be any you turn at all but then of course a few hours later the u. Turn came Boris Johnson saying that now is the time to unfurl these emergency measures now saying that people show showing signs of the virus need to quarantine possibly for 2 weeks or so saying that pubs bars restaurants should discourage people from going there that we should act responsibly as individuals the only thing that he fell short of doing is saying that schools should close but giving the speed and which this advice is being given its only a matter of time before that really is the next step here and thank you very much andy. Now the us president has announced new guidelines to limit the spread of the virus including limiting the social gatherings to less than 10 people dont trump says hes not currently considering a nationwide curfew but one could be imposed in certain hot spots my administration is recommending that all americans including the young and healthy work to engage in schooling from home when possible avoid gathering in groups of more than 10 people avoid discretionary travel and avoid eating or drinking at bars restaurants and public food courts if everyone makes this. Change or these critical changes and sacrifices now we will rally together as one nation and we will defeat the virus and were going to. Have a big celebration all together. Fisher whos in washington d. C. So a tightening of the measures but not perhaps as far as other countries are going. Well he was asked specifically are you considering a National Quarantine and he said no but the male look at some hot spots its interesting that the man who is leading the medical response to the current virus here in the United States has some people may say is this too inconvenient to introduce these restrictions for 15 days weve gone too far the answer is no we have not because if you think youre ahead of where you are youre not youre actually always just slightly behind which slightly contradicts what donald trump said earlier later in the statement when he said were ahead of the curve just in the last few minutes ive been listening to the rest of the the briefing which is still going on he was asked how did would you rate the United States government how your administration has responded to this out of 10 and he gave himself a 10 here theyre hoping that these restrictions will stop people transmitting the virus because we saw at the weekend pictures from across the United States of busy bars and clubs it is the time when a lot of colleges and universities here in the United States have spring break and so people head off and they party and they enjoy themselves but theyre trying to stop that and. And alan the economy is the big fear i suppose d there was a mention of the recession there but President Trump was reluctant to use it was. No one in the administration wants to see that part of thats political because donald trump is basing his reelection on the strength of the economy and there is no doubt that it is taking a hit they are looking perhaps specific measures to help the Airline Industry and they talked about that there is also the possibility to the bill that was passed by the house on friday will be amended by the senate know that they have got their hands that know their back after the weekend one of the measures being considered has been put forward by mitt romney a republican senator you may remember him the run for president several years ago. Here suggesting that perhaps you should be a 1000. 00 payment made to every american to try and boost the economy the central bank did what they thought was right on sunday by cutting Interest Rates to almost 0 and also introducing elements of quantitative easing the most dramatic intervention in the American Financial markets into 2008 financial crisis but that did not reflect well in the markets just before they closed the stock market was down about 3000. 00 points which is a very very significant drop donald trump says it will come roaring back when they finally start to get things back to normal but i asked when that would be he says that perhaps this may start to wash through in sometime in july or august alan fischer thank you very much indeed well as you mentioned fears are growing of a global recession as the coronavirus pandemic sends markets around the world plunging again this is despite Central Banks announcing a coordinated effort is the effect of the outbreak in the past few minutes and markets in the u. S. Have closed down 13 percent. Is in new york 1st so. It seems like every day is where the question. It really was and the market closed here on absolutely the worst note. When President Trump started to speak about an hour ago at the White House CoronavirusTask Force Briefing that allen was there monitoring both the dow and the s. And p. Were down about 9 percent and thats how it had been for most of the middle of the day in the last hour of train of trading as trump was speaking and as a Coronavirus Task force was speaking there it dropped from 9 to 13 percent. Thats the dow the s. And p. Also dropping by about 12 percent all within the last hour the dow and the s. And p. Had their worst day since 1987 the nasdaq closed just a few minutes ago its worst day ever this is the worst day of trading here on wall street at the New York Stock Exchange since the Coronavirus Crisis has hit the economy here it has its the day started out with the Circuit Breakers being engaged at the new york city Stock Exchange stopping trading for 15 minutes it was so bad the markets stabilized a little bit but it was pretty Much Negative 9 percent on both the dow the s. And p. For pretty much the entire mid part to early afternoon which is sort of the new normal and then it just cratered at the end of the day things got so bad that earlier today there were some rumors or some talks about perked up perhaps shutting the New York Stock Exchange it forced Stacey Cunningham the president of the New York Stock Exchange to come out and say closing the markets would not change the underlying causes of the market decline and would remove transparency this would only further compound the current market anxiety so things are quite bad here on wall street 2 things going on here number one the market is looking for some sort of assurances that this coronavirus pandemic will end soon thats not happening if anything we just heard from the president there that it could go through the summer so thats not helping the markets and then number 2 the Federal Reserve lowering Interest Rates to nearly 0 percent that clearly didnt help either theres not much else to do here and so what the markets are starting to say is we think this is going to go on a very long time we do not see that socalled light at the end of the tunnel and thats why you see these historic drops on the New York Stock Exchange as one trader told me earlier today what were all watching here is a slow shutdown of the u. S. Economy gabriel is under thank you very much indeed. Chinas government has released numbers showing the full scale of the economic damage caused by the outbreak with widespread factory closures industrial output fell by 13 and a half percent while retail sales dropped by more than 20 percent but the number of new infections in the region continues to go down as when he reports. Day by day there are more signs of life returning to the streets of who province where the corona Virus Outbreak began the simple act of police removing a roadblock was a welcome sight for residents and the government which wants to get the country moving again the industrial engine which led china to become the 2nd largest economy in the world is also restarting after a disastrous 2 months which saw output collapse so companies are gradually recovering their general order of production the situation for factories and business and hiring is improving and the labor demands will continue to increase as the number of new infections in china decreases just 16 recorded on sunday the government expects the economic prognosis to significantly improve this month but with the outbreak bringing other countries to a halt demand for chinese exports will take some time to recover. The number of new infections is slowing in south korea too but preventative measures are continuing particularly in vulnerable areas here volunteer work is spray a Housing Project for the poor in the capital seoul in australia many people were angry they werent given enough time to return home before tough new travel restrictions were introduced by the governments anyone entering australia must now self isolate for 14 days to return to a farming property where you have no food at that property were now trying to find people to buy for us so that literally we can eat 12 hours were in a foreign country it was all a warning weve got now i think its deplorable the government of the philippines will extend quarantine measures beyond manila to the entire island of luzon the capital is a fake to be locked down with travel restrictions in place to try to slow the rate of infection after a spike in the number of confirmed cases the move came as 400 Filipino Crew members from a cruise ship that was stranded off the coast of california arrived back home the workers were flown back on a charter flight after some passengers on the ship became infected with corona virus wayne hey al jazeera. Still to come this half hour as kenya braces for a rise in those testing positive economists are. Maintaining not down with our social welfare system. Tasked with ending a political stalemate israels president asks opposition candidates to form a new government. Welcome back as we take a look at the weather across australasia Tropical Cyclone gretel whats left of it still goes pretty threatening on the weather map but is a weakening feature enough unless its going to into some pretty strong winds along the north island of new zealand in particular and still some heavy rain associated with that system so generally a cool southerly wind across much of new zealand the temperatures dropping christchurch 14 degrees weve got a front which is going to gradually pushing across parts of tasmania during the course of choose into wednesday and we still have showers for the gold coast meanwhile out across Western Australia those winds bringing showers to perth during the course of the day temperatures of just 25 degrees so head on through into wednesday the risk for a decrease is somewhat but with us so that the flow is not particular woman just 23 degrees in contrast to port hedland at 40 degrees celsius and the risk of showers the gold coast decreases significantly as we head on through wednesday up into northeastern parts of asia but one weather system clearing into the North Pacific so brought to conditions across much of japan tokyo looking at dry weather highs of 13 degrees brightish across south korea but you notice we got some heavy rain across parts of Southern China and we should see some showers affecting hong kong. Young women with this space i used to dream about working in a. Small staff of the science that giant leap for mankind in congress dont mean for dont place it inside and at the scheduled time the satellite will be sent into space women make science gets down to space school at the south 5 on aljazeera. Org or earth order. Form. One of top stories here on aljazeera the french president Emmanuel Mccall has told the French Public we are at war against her own a virus announcing a raft of new measures he said hes closing all french borders. Fears are growing of a global recession as the coronavirus pandemic sends markets around the world 100 again the dow jones is just closed down 13 percent the worst drop in 3 decades. The World Health Organization is urging countries around the world to test every suspected case traditional terrorists and an on says you cannot fight a fire blindfolded. Cases of the coronavirus have now been confirmed throughout all