To the killing of women by me. I feel welcome to the program. Global stock markets have plunged over fears about a coronavirus and a conflict among major all producing nations a spark to crushing oil prices collapsed 31. 00 and a half percent at the start of trading brant crude now only costs 31. 00 a barrel thats the lowest price since january 991. 00 of the start of the 1st gulf war so this contributed to a collapse in asian stock markets on monday on the leading Stock Exchange in tokyo the nikkei fell by more than 5 percent while the hang seng in hong kong lost almost 4 meanwhile here in germany the dax has tumbled almost 8 percent at the start of trading though it has since recovered a little bit. They believe financial correspondent chelsea delayed joins us from Frankfurt GermanyFinancial Capital welcome chelsea how nervous are the markets. I think weve really moved beyond nervousness to real fear driven trading one investor described waking up to the markets this morning as as waking up to armageddon and people are really quite shocked by the magnitude of the moves were seeing and markets today its by almost any measure of the sharpest declines since the financial crisis but in some cases since september 11th 2001 so these are really significant declines for Global Markets investors had already been really nervous coming into this week over the past 2 weeks theres been a lot of volatility and Financial Markets because of the spread of coronavirus and the economic. Worries about the containment measures and what kind of impact thats going to be and now you have to add into the mix a price shock for the oil market which is also going to have a widespread Economic Impact. None of which sounds like good news for the various recalled was around the world. Definitely not its hard to find any sort of Silver Silver lining at this point the talk today is again really about a global recession if you think just about coronavirus the impact that its having the news over the weekend of these extreme measures that theyre taking in italy to help contain the spread of the virus there are a lot of countries that are really economically week right now also germany italy and japan all very close to recession if this virus continues to spread continues to disrupt business if we continue to see tourism just plummet the way it has more supply and changes directions consumer stopping spending on things like that that could really simple lot of a lot of economies and to recession and now you think about the Oil Price Decline thats also going to add a lot of pressure on to on to Oil Exporters so the middle east and merging my. If the United States were to become a really big player in the Global Oil Market thats really going to have to have a Ripple Effect on the Global EconomyChelsea Delaney in frankfurt thank you. For the number of corona carry virus cases around the world house and our surge of 107000 but there is some good news china has reported no new locally transmitted cases outside who bay province for a 2nd day meaning the number of new infections in china is now falling new infections are also stabilizing in south korea german efforts to contain the virus include calling for the cancellation of events expected to host more than a 1000 people in the u. S. A cruise ship with a number of infected people on board is due to dock in california the ill will be hospitalized and the rest taken off the vessel and asked to self quarantine. Its a league where the government is enforcing major restrictions on movement more than 16000000 people in the know will have been sealed off from the rest of the country no ones allowed to leave all and to certain areas without good reason for the current pain affects the region of lombardi and other northern provinces including the cities of milan and venice italy has the most infections outside to china recent figures show 7375 confirmed cases in 366 deaths tourists have been told to leave affected regions immediately and for residents daily life will be severely restricted from the only a month. Road blocks like these could become a familiar sight across northern italy travelers are asked to explain why theyre leaving the socalled red zones Authorities Say only those with serious reasons as well as workers will be allowed to pass. In milans normally bustling center only a fraction of the usual crowds leaving traders worried about their livelihoods. The numpty all day and havent served a single meal today in the restaurant. So looking at this moment theres an Economic Impact everywhere the galleries and then the whole center i think that not only milan is closing down the whole world is closing down. Because the moment. There was confusion at airports and train stations as some Services Continue to run officials are still figuring out how to implement travel restrictions residents are adjusting to life under lockdown and it was just that it was indeed he said he had to remain positive than calm and live the best way possible taking all precautions we have to adapt our lifestyles but we carry on. The up on and as up and social to be honest i think this measure is too restrictive closing down the whole region a flaw in the data seems like a much too strong Reaction Force to. Top League Football games are continuing. In empty stadiums. Queues quickly formed at supermarkets authorities have told residents not to panic by insisting supply lines will be kept open. Panic took hold in several prisons inmates rioted over new quarantine restrictions at least one died in the chaos. The number of inserted persons continues to rise Health Authorities insist the caution is necessary no markets or not but there are no parts of italy that are completely immune to the virus there are parts of italy in which the virus currently circulates less but the fact that the virus circulates depends on her behavior to see it could be depended on me. As italys Tourism Centers empty out the World Health Organization has praised the governments bold and courageous steps which other countries may soon decide to follow. So lets get the picture from one of its of these affected areas freelance journalist assume that because he joins us from milan welcome to day how are people coping with the quarantine. Well the feeling today i think as a bit more sad and depressed i mean with yesterday we kind of like were farting to understand that this is going to be a long journey and its its sad to be at home but at the same time people are are also starting to understand that this is like a very drastic measure in order to help the help public system because there are not enough. Intensive care thought that we can actually use so this is like a very important measure that we need to put in place when we saw the reports and we touchstone the defacto business how is the quarantine affecting business is there enough. Well i havent been out of course because i cant but ive seen that many shops ive seen in the past few days the shops are quite empty and restaurants are. Cafes are mainly empty. But the government has assured that were not going to have any problems in porting goods in letting goods pass through this area that is now called the orange area is not read anymore meaning that goods can boss by the board there is then people that actually want to work outside if they have like a network a reason they cant travel outside the orange zone and so what is the government doing to try and offset the Economic Impacts of this outbreak well. Our Prime Minister said that hes going to spend 7500000000 euros in helping. Companies and the families are affected by this but he also said that at the end of this shock economic measure will be put in place he talked about jen jen of a model which was the model that was put in place right after the morandi bridge fell a half ago. Meaning that evil tried to stop political fight and. Contain the rock were seeing in order to put new measures economic measures in place talking to try and stay safe simply because even milan thank you. Well russia has reported relatively few coronavirus cases where fewer than 20 confirmed the advice from authorities in moscow is that people returning from countries with high rates of infection should self isolate but 1800 kilometers from the capital in the katherine in the Ural Mountains at the rate things a little differently groups of cossacks are patrolling the streets and handing out medical medical advice but as the dubliners emily show in reports much of what theyre saying is dangerously inaccurate. They are willing to protect russia from any threat at all including from the coronavirus. Since early february the ural cossacks have been patrolling their area. Twice a week giving out masks and checking people for signs of a cold. People recognize them by their uniforms and their recommendations on how to stay healthy are just as traditional. We mostly recommend traditional methods having honey garlic and rusbridger and keeping to basic rules of personal hygiene when people come in from the street they should wash their hands and take off their clothes. To help our government with the coronavirus because we care about the face of. The cossacks carry holy water along with them for extra protection against the virus these vigilante patrols werent authorized by the city but in russia often support the state Security Forces and act as unofficial guardians of public order. They feel that is their historical role from the late 18th century defended the borders of the russian empire since the fall of the soviet Union Identity has had a revival today the children in this community are competing to show off the basic military skills theyve been learning to be a good cause they have to be prepared to serve their country. And orthodox christianity is just as important as patriotism here. The head of the Community Says cossacks are the spirit of russia and he believes their special status can protect them from the coronavirus to. Our immune system is stronger than the immune system of immigrants from asia. Because caustics traditionally lived on the border of the russian empire and cottages and protected russias border. And we also get strength from the Russian Orthodox church. We believe that god is with us cossacks are and always have been the warriors of christ. There have been only a few confirmed cases of the coronavirus in russia so far and despite reports of quarantine blunders and discrimination against Chinese People most people believe their government has the situation under control and you guys today i think theyre doing everything they can to prevent the spread of the coronavirus or at least i hope so and that. Everything is calm here im sure that my government is taking all necessary action so theres no need to worry but we just need to lead a healthy line. Pretty good. Business. To help the government the year old cossacks plan to expand their coronavirus patrols to other areas of the city of. And they hope units in other parts of russia will join their efforts as well. Now well take a look at some of the other stories making news around the world to north korea is reported to have 53 unidentified missiles off its eastern coast on sunday south koreas military released the information without providing further details but 2 short range projectiles were fired into the sea last week from the North Eastern coastal city of oneself. At least 6 people have died in avalanches in the austrian alps 3 women and 2 men on the show snowshoe hiking to Central Australia were buried under a meter of snow they were believed to be from the Czech Republic a Police Officer also died in the south west when he was. Struck by frozen snow. And lebanon is set to default on its foreign currency debt for the 1st time Prime Minister has up says it cannot says it cannot repay a bond worth more than a 1000000000 euros theres been widespread anger that the countrys financial crisis by root is calling for talks with creditors to restructure its liabilities. The german Authorities Say the European Union is considering accepting up to 1500 children currently living in the greek migrant camps well it has announced that it is willing to take what he called an appropriate share concern has been growing as the children are either unaccompanied by adults or require Urgent Medical treatment tens of thousands of people are trying to break through the land border from turkey after ankara announced it would no longer prevent people from trying to cross into the European Union. President to ratchet time on is to meet with e. U. Officials in brussels to discuss the crisis and just called on greece to allow the migrants to enter that they get a car or go greece im calling on you now you to open your borders and get rid of this burden let them go to other European Countries there is no way out of it. Lets go to istanbul where we joined a w correspondent a yulia han welcome yulia president 31 is due to meet today with Commission President the lion and Council President shall michel what does he want. Well turkish prison edwin says he wants some more support from the International Community from the europeans when it comes to refugees and migrants turkey already hosts nearly 4000000 refugees most of them from syria and government officials here have been complaining about what they describe as unfair and sharing lets remember unger and brussels struck a deal in 2016 under which turkey was supposed to stem the flow of migrants to europe in exchange for money and political concessions now ancora says the e. U. Has failed to on their its promises so add on now once a better deal what he also wants is european support in syria where his troops are fighting alongside rebels again against a russian backed Syrian Regime forces he fears another large scale refugee influx from it live where hundreds of thousands of people have already fled to areas near the Turkish Border and now the crisis in egypt and thats what many analysts say is something the European Union has ignored far too long now europe no arab one has forced them to Pay Attention by opening his borders to the European Union for Asylum Seekers how questionable that might be so what sort of conditions margaret the greek border so you see. It was starting 11 days ago tens of thousands of people have moved to the greek for the hoping to cross into the European Union its been 11 days in the cold with a plastic tanned as most people are relying on food aid that its been particularly tough for families with small children weve also seen a violent scenes playing out there there have been many exchanges of tear gas and stones between great Border Guards and my car and so there are also reports that Turkish Police has fired tear gas at Greek Border Police now and africans are trading the blame for a number of Human Rights Violations there the border this is all happening while people there are desperate while their hopes for a different for a better life have once again been crushed by the reality of politics. When president says he wont help support from the e. U. What does he want does he want troops does he want money would you want. Well i i think he wants money but he also wants the europeans to act in syria he has been calling for a no fly zone there for Something Like a safe so for hundreds of thousands of people so hes certainly also trying to get something that the big question is what will he get by the end of the day the europeans the European Union has accused anyone of trying to blackmail the block so there is a lot to talk about today. Thank you. The trial has begun in the hague a full man charged in connection with the 2014 downing of Malaysia Airlines flight m. H. 17 over Eastern Ukraine 3 russians and a Ukrainian National are believed to be at large in russia or separatist controlled in Eastern Ukraine and theyll be tried in absentia old 298. 00 passengers and crew aboard the plane died in the crash which International Investigators say was caused by a russian made surface to air missile. The wreckage area spanned several kilometers nearly 300 lives were lost here when Malaysia Airlines flight m. H. 17 suddenly fell from the sky. T