Before the recent crash. Are broadcasting live. Thomas certainly glad to have you with us. All right we start with some breaking news this hour italy is shutting down all production of nonessential goods due to the 1000 pandemic thats as the disease has now claimed almost 13000 lives worldwide the number of confirmed cases has reached 305000. The production shutdown in italy was announced by Prime Minister just in the past couple of hours he said italy is in the grips of its worst crisis since world war 2. Today we decided that the government production. Of providing goods and services a program to. Italy has seen nearly 800 fatalities in the past 24 hours alone the pandemic has now killed more than 4800 italians significantly more than in china russia is stepping up in to help italy right now the Defense Ministry will be sending a planeload of disinfection equipment along with 8 teams of viral logistics to the country starting on sunday or does he go to don ive joined my colleague earlier in the studio with details. There is no other place in the world where it is as bad as it is in italy right now so amid this crisis russia is indeed going to help out so what is it doing firstly moscow will be sending personal protection to italians such things as mosques for example also russia is promising to ship mobile disinfection units truck based essentially so that italians can aerosol the streets with this infection spray also russia will be sending some medical equipment to help diagnose and treat more italians all of that will be it will be shipped through the russian Defense Ministry in this small school is joining beijings efforts china has already promised to help out italians china being the 1st country origin country of the covert 19 so obviously they have right now they have way more experience with dealing and containing this disease than any other country in the world and the situation in italy is indeed for instance some italians have been massively outraged when it was revealed that their country allowed the United States to ship out of italy and into tennessee. Almost half a 1000000 of covert 1000 testing kids italians saying that how can this be going on when they are dying by the hundreds in italy and theres not enough means to help the italians and their government is giving in just giving it away in the past 24 hours alone almost 800 italians have died let the let the figures sink in for a moment in just the past 24 hours now this number is particularly large because italy is stressing that they are counting not just those who were killed by covert 1000 itself but also theyre counting those who died of preexisting conditions that because of covert 1000 so this for. 800 almost 800. Is these 2 groups of people combined so this whole thing has put a massive strain on Funeral Homes and nestle and in fact crematoria are saying that they might stop accepting new bodies because theyre overwhelmed with you know that obviously this situation creates an abnormal amount bringing us to an emergency phase making us very likely to hold for a few days in order to be able to recover some space. Thats for us to use on premises dedicated for the final farewell as you can see this farewell room has become a provisional space so just to give you another example in the town of oh its only some some bodies are literally out there in the streets waiting to be waiting to be burned in the criminal area because they simply cannot its a small town and it has been hit particularly. Even even by italys standards and so a lot of people are dying by their bodies cannot be all processed by the existing means also for instance in palermo in sicily soldiers patrolling the streets to ensure that people are indeed stay home and not expose themselves dangerous so it is really bad and it seems that russias help will be more than welcome at this time of crisis. And italian Lawyers Association earlier addressed an appeal to president putin it mentioned the European Union the lack of support during the crisis we heard from one of the people who penned that letter Alexander Maria to really the president of the italys criminal chambers of european and international law. Can you understand very well the reason why italians are not very very happy because as you know as they your time theyre required to access to this to you know to the Central Europe and we are completely aware that in case of need we dont receive almost everything we eat directed to good Russian Federation because we understood that growth was not you know a very trust fund there this is this is reality and now i have a very clear proof the shit. You tell it could be just 2nd kountry up here u. K. To move out from European Union. Despite the tragedy unfolding in italy and there are some positive stories one doctor from the city of who like thousands of his colleagues across the country is battling the disease recently became a father for the 3rd time. I was on duty in the covered 19 ward when my wife who herself had previously tested positive for the corona virus went into labor but i still tried to stay in touch with her as much so i could and i heard from her until the moment she was taken for a c section my friends and colleagues from the hospital she was asked me know as soon as my daughter hannah was born they told me she and my wife were right my biggest fear at the time was that my wife would have a respect or treat crisis during the delivery and would end up in intensive care that didnt happen we were very lucky that my little girl was tested for kovac 19 and the result was negative that we would tell our daughter that she was born in a very difficult time for europe but that she was holding out like a really morea one and we will tell her how much we love. Infectious disease specialist roberto and believes that the lockdown in italy means to continue to prevent an even worse catastrophe. The epidemic is a dramatic and we are facing a very big epidemic we should keep a very strict measures. Down in order to reduce the literary skills reading the virus at the same extent that in the center of things in the in this on the part that of it so you have to remember that the expression in the north the reason a shortage of. Such as a physician nurses able to face of these that be demick very few Infectious Disease expert to our of a level now with the and that is a whole sort defective at a considerable number of alcohol work has been contaminated in the not working optimistic view is a defective that day by day. A constant percentage of the increase of the new cases in respect of the total number of our target our goal is to reach as soon as possible the level of below 10 which means about the transmission as a celebrated that and we can look at that if you share with a little more hope persians have paid tribute to the doctors and nurses on the front line applause that was heard from balconies across the capital on friday night. Thank you so much. Thanks. A lot is uplifting moments more than 14000 cases have been confirmed in france with unfortunately 562 dead and all regions are now affected despite a nationwide lockdown the French Health care system is under a lot of strain currently a french union shared with r. T. France a statement from one medic who volunteered to work with chronic virus infected patients. My 1st day in intensive care for coronavirus patients. Untired for 12 hours in closed premises i want to share my feelings today ive seen terrible things and ive never in my life seen such images long usually seen people in Critical Condition are called you dont do much because of everything that could take care of yourself take care of your Family Friends your until everyone. Meanwhile Police Officers enforcing the lockdown in france are threatening to go on strike and they claim they do not have the basic equipment needed to protect themselves from the virus are to report. As millions of people in from own saw in confinement there is a cool group of workers who are continuing the day grind including police offices. Yet many continue to flout these regulations despite hefty fines and the risk of being locked up in jail. What. The authorities are tearing their hair out over frances citizens known compliance with the confinement restrictions. There are people who think theyre modern day heroes by breaking the rules on them while they are in fact. When i see people still going to the park to get together or heading to the beach or to open markets they seem not to understand the message from the authorities a lot of our fellow citizens are still taking this too likely but as they blame people for not abiding by the rules the authorities themselves are being accused of not taking proper care of those they placed on the front line unions are furious that the ministry of interior hasnt provided offices with basic equipment such as face mosques so much so the Biggest Police union has warned its members will walk out unless such things are made available there is no reason why we should be victims of a government failure to plan we want to carry out our duties to their fullest but need to be able to guarantee. Our own safety if the police themselves become contaminated or strike who will monitor the streets seducer Security Offices police and other people who are. In the country where you need to be pretend its not dishonest does not distinguish between police and other citizens were not even sure that we could least officers not potentially infecting people when we do our checks so we need mosques and other pretext quitting and so to keep us safe another said if the police get infected who will be able to keep the peace to morrow as force is quarantined drags along each day the list of what citizens can do is being tightened the police are cool part of keeping order here if they walk out if an infection takes hold within the ranks so could face an uphill battle to carry out its plans in the war on code 19 so much even ski. Terrorists the worlds biggest Automaker Volkswagen is suspending production worldwide due to covered 19 german firm build more than 10000000 vehicles last year c. E. O. Herbert decent explain the move. Given the present significant deterioration in the sale situation and the heightened uncertainty regarding parts supplies to our plants production is to be suspended in the near future factories operated by group bronze the decision follows similar moves by other Car Manufacturers toyota b. M. W. Renault and are among those who have shut their plants during the crisis in the e. U. Alone the sector is responsible for around 14000000. 00 jobs. In the latest episode of artes boom bust an automotive expert lauren fix told us the industry will take a long time to recover. For the Auto Industry our global basis were looking at a huge impact with every single manufacturer pretty much shutting down production were not just talking about high end cars but every day cars. Weve already seen the huge negative downturn when it comes to china theyre off by about 80 percent so far for the 1st quarter but that may change theyre starting to get back on line but here in the u. S. Were looking at last years sales 17100000 cars. Is recommending and theyre stating them somewhere around 14900000. 00 we have not seen a downturn like this since 2008 this is going to impact a lot of us because if you look at the dow jones half of it is impacted by the Auto Industry either by a supplier or something that supports the Auto Industry so this is going to be a huge impact and its going to go a long time for us to recover. I dont to be to doom and gloom here but we have had guest after gas telling us we are already facing a recession maybe even a depression is coming will all of these auto manufacturers the giants will they make it out of this crisis or we could see consolidation what is going to happen moving forward. Well i think were going to see some consolidation it makes sense that Companies Partner to Share Technology to share platforms to share drive trains everybody makes it to a leader turbo engine if more people start sharing that technology what thats going to do is allow them to make it personalized when it comes to the vehicle the features themselves so i think youre going to see a lot of consolidation i dont think were going to see them going out of business but the impact to the stocks is going to be a long time to turn around you know theres also some talk about the Auto Industry wanting to delay the implementation of the u. S. Embassy a trade deal known as the new nafta do you know whats going on there. Yeah the u. S. N. C. A. A. Supposed to start on june 1st but everyones now off no ones working and so this is a problem so they cant get the regulations in place so theyre asking to push it back to delay because thats going to make 75 percent of cars being built here for north america using north american components which is good for restarting the industry but we dont have the regulations in place so theyre asking to push it back just a little bit supposed to go in place june 1st and that all depends on this pandemic and how long it takes for us to start recovering the pandemic has left many people out of work in the u. S. Jobless rate has surged with several 100000 new claims in the past few weeks economist Jeffrey Tucker says the financial shock will be unlike anything in modern history. Theres a word for that i dont even think economists have a word for that but its not recession its not crushing its its its unimaginable levels of of shock and the data are going to reflect that i cant even give you a clear prediction what the unemployment numbers are going to look like that were going to be seeing soon but i almost certain that millions have already lost their jobs and this just cannot go on much longer without dismantling everything we call civilized life it just just cannot go so the pressure is growing by the day by the hour by the minute before for the politicians to line up their decisions Public Policy decisions with the actual documented health risks which are becoming ever clear as testing as is going on several u. S. Senators are in the spotlight for selling off millions of dollars of shares just before the recent stock market crash thats right much more after a short break start international. This outbreak really highlights that our system for Global Governance is weak and add that not only is it International Health regulations which dozens of countries are currently violating but its just the broader system in which we tackle these challenges and i think this highlights we need to do better in the future i mean for one thing i certainly am when so many countries are breaking International Health regulations to make sense to revisit that instruments after this outbreak is over but also our system more broadly for how we govern those challenges that Transcend National borders. To. Go. All a little bit less bio d. N. A. In some way over the complete im not sure really isnt such a great thing you know im sure you look better now than when you had hair. From its nice of you to say so but i thought i went through when i was 25 i knew most and so for them. Welcome back this is our Team International for u. S. Senators are being accused of cashing in on the Global Pandemic through Insider Trading they offloaded millions of dollars worth of shares just before the market nosedive to allegedly using their Privileged Access to information one of them is North Carolina republican senator richard burr or to kill him up and as for. Richard burr u. S. Senator and head of the Senate Intelligence committee reassured everyone that the Us Government had the coronavirus situation completely under control here is what he said back in march luckily we have a framework in place that says put is in a better position than any other country to respond to a Public Health threats like the coronavirus his words sounded quite calming especially from someone who receives daily briefings about the spread of the coronavirus although a few days earlier he was telling a group of wealthy donors and constituents of a very different story heres a secret recording of richard burr speaking at the Capitol Hill Club we want. You to. She is. Probably more. You need to. Burry even offered some advice to his wealthy friends every company should be cognizant of the fact that you may have to travel you may have to look at your employees and judge whether the trip theyre making to europe is essential or whether it can be done on a Video Conference why risk is needless to say accusations are now flying that richard burr used his capitol hill inside info to help out his spouse financially you remember when the stock market tanked right and tonight stock market futures are pointing to a higher open after the biggest point drop in history the dow losing more than 2000 points today a lot of investors repriced that will show the crash we saw at markets in the 2000 points. When on the dow heres over the coronavirus leading to the biggest point drop in dow History Today well richard burr was pretty well unaffected because he on loaded up to 1700000. 00 of his stocks just a week before the plunge now he says this is not because of any Insider I