Its just going to say why it was. Just u. S. Lawmakers push for a cross party rescue deal to save the economy as the pandemic leaves markets dealing with their worst week since the 2008 financial crisis. A very warm welcome this is r. T. International with the biggest stories of the past 7 days and the karen good to have you with us. First to croatia where earlier today a 5. 3 magnitude earthquake unto aftershocks that struck north of the capital zagreb and local media said that a 15 year old who was found in the rubble of the building is in a critical position in Critical Condition in hospital and several other people are reported to have been. Yes that was the moment the 1st trimester kicked in apparently caught by c. C. T. V. Inside the shop and streets across the city are littered with dave barry and theres been significant damage to several buildings the quake is reported to be the strongest in the region in the past 140 years among the damage the top of one of the spires on the citys iconic cathedral collapsed there were also Power Outages and problems with Water Supplies in some areas the earthquakes or worried citizens come out on to the street stuff despite current advice to stay indoors to tackle the coronavirus because gratian army is set to help the city overcome the quakes aftermath we talked to one zagreb residents who shared her experience without. I dont have it with risk in my apartment though i have to come to a part of my to be able to announce week with you. That i have. In my heart. Who are thought went out of my apartment but you know when youre in this situation and everybody are saying that you are not allowed to go. If you are thinking what to do i would go out and them are my neighbor who are all in front of the beyond we believe were also on. What you were doing room we be together in our room we keep this. Horrible situation this morning one and escapable issue dominating everyones thoughts at the moment coronavirus the latest on that is that its now claimed over 14000 lives worldwide with the number of confirmed cases of more than 330000 italy reached a grim milestone this week surpassing china as the country to have suffered the most fake teletubbies carli more than 5 and a half 1000 people on sunday alone more than 600 succumbed. To the disease its knees now shutting down the production of non essential goods while in germany chancellor Angela Merkel has decided to self isolate after a doctor who had given her a vaccination was tested positive for covert 19. The European Union sold itself off to travelers from outside europe this week as part of wide ranging efforts to stop the spread of covert 90. 2 limits to support of the various boogaloo we agreed to enforce external borders both closed and a coordinated temporary wish to action of essential travel to the e. U. Or so to desist from has put the entire nation of 67000000 people on lockdown army trucks have been seen in the streets of paris while launched numbers of Police Officers have been deployed to ensure compliance you can see now the effect of the measures on the city of toulouse in the country southwest normally thongs with tourists the streets are totally deserted solitude and ski reports on the nationwide quarantine. Front is now we all looked down to correct lockdown that would be in school so the government is talked about applying 100000. 00 Police Officers to set up fixed points to check people who are in their vehicles. From the government to everybody in france is to self isolate president mark warner was incredibly clear when he gave that president ial address old monday night in fact the one thing that came through and that is the problem is that. We are at war war to be sure we are not fighting another army new another nation but the enemies that are invisible and elusive. That decision came to the french took the calls to stay at home and self oyster late 2 likely in fact while bowls and restaurants were being closed all around them many here in paris came out to the parks to picnic to meet their friends all to sit by the senate and do the same but. The government has announced new measures to limit new infections by limiting contact between people as much as possible to amplify the impact of this measures paris parks and gardens will be closed. The restriction these are really centered around self isolation people have been told that they can leave their homes for very specific reasons that could be too good for a medical appointment it could be to top up on Food Supplies or it could be to go for a walk for Health Reasons anybody leaving their property has also been told that they need to look at this in pakistan to just state why maybe even some of those reasons that i just outlined anybody who is cool planting that law or unschooled going out for a walk just socialize with their friends rather than for Health Reasons could face a fine of up to 135 years. Old the message is clear stay at home these are containment measures similar to those in spain and italy all persons traveling must be able to justify their movements each person will have to carry a document certifying the reason for his or her journey. Was another casualty of the new stricter regime is the 2nd round the ring is a collections which will no be postponed but many had already criticised the government for allowing the 1st runs to take place while sproles was under a partial lockdown. The makris are pushing the limits you do not say 67000000 french people stay at home for an indefinite period on saturday evening but then on sunday morning leave your house and put your health and those of others in danger if the Health Situation got this. Day to the point of closing almost all businesses in makes no sense to hold these municipal elections they must be postponed because they cannot be held fairly holding the municipal elections is completely incomprehensible and contradicts the measures announced by the Prime Minister i hope that the government will take responsibility and change its mind as the lockdown began and many played to this city possibly going to some of the homes here to stay friends and family anything to want to be isolated in this time of merge and see here in france this idea of self isolation is something that many people fear many people who live below the idea of not having that social contact face to face for a 15 day period is something that they dreading in fact Something Else that they dreading is the fact that the government has said its a 15 day minimum and that these could be extended so they need people here in france they just have no idea when their lives are going to return to normal charlotte you can ski. In paris during the lockdown. As for china where the outbreak originated the tide seems to be turning the country is just recorded a domestic it turns 50 cases sunday that comes after 4 days without any World Health Organization says other nations could learn from chinas example or report later on how strict measures can make a difference. My colleague kevin owen discussed the pandemic with the World Health Organization representative in russia earlier take a look. Russia started we being imagine there we are. Before the famous and that any where of course spelled out by right after general departure started looking at the incoming patients advise and that regimen assessment actually 8 8 putting in place all the 3 sets of measures in some instances that story those make the rounds a little maybe doctors have been misdiagnosed in cases it was an ammonia but not saying a cold or whatever any more info on love actually i have had several meetings and discussions with Health Authorities also suggest not scare and what is going on is that you know me as 5 that has no reason we are agent has not been conclusive all tested for i was asked about why. This is the right situation and the right picture is there going to be an element of people are going to be tired of staying home theyre going to be rebellious about it you know its going to get nasty are you worried about some with. Actually what i dont ever want to welcome how theyre going to zation is drained out also having a package of measures and recommendations and guidelines and instruments of forgive people for good albums far out Services Child support of people who are in isolation because i think they should have held it nationally for people who are low level they out there may well need social support just getting stressed out about this is especially if you love to buy yourself and havent got a lot of family or will speak to you it could be very worrying him pray in your mind how are you going to cope without how the medical authorities as a w. H. O. Going to cope with the article mending specific programs whether they are using god an application for mobile phones whether they sing the t. V. Whether they using the hotline to keep people in talks but keeping them safe thats going to be very important not come to your seeing volunteer for example must go to who have volunteered who are funding to fix the hotline set it on line and its not only people who have arrived programs and are calling all the Common People who have not traveled anywhere were concerned the big question is will the medical person how long is this likely to go on we heard about maybe of 12 weeks now you know was this always really going to be on the cards we just werent told it. No it just very difficult to say and the so are people on the stand that isolation and stopping of contacts ok so action is conducted to sort of we can break the chain of the transmission we wont let this we need to what china did it. Really well let us see we are learning as we are going step by step really an intensive. Vaccine testing all outward of well there are several important vaccine producers including in russia trying that out because we need a safe and effective vaccine oh im not going for research and development such that brings all the brains together are so we do hope that through this massive joint of course were going to be able to bring somebody new in the foreseeable time. The u. S. Senate is due to vote on a stimulus package later this sunday to inject stability into the economy after 2 weeks of plummeting stocks and month layoffs a bipartisan deal hasnt been reached yet but is reportedly getting close told Congress Leaders will get together for their final discussions later president traveled the initial plan on tuesday. By making shared sacrifices and temporary changes we can protect the health of our people and we can protect our economy because i think our economy will come back very rapidly one day well be standing possibly appear will say well we won and were going to say that sure if youre sitting there were going to say that and were going to win and i think were going to win faster than people think i hope among the trillion dollar plus emergency measures on the table are tax rebates and measures to help struggling for businesses one of the president s core ideas is to directly mail checks to americans because she does have also apparently agreed to boost paid sick leave as the gesture made by the democrats which had made the Sticking Point between them and the republicans markets reacted positively to the news on tuesday with shares jumping slightly mostly though those markets spent the week struggling with fridays close and marking the was tweaked into the 2008 financial crisis more and gauthier of all syria correspondent explains whats going on in the world economy. Unless you majored in finance everything thats happening may seem a little overwhelming what is going on why are markets melting down while the bankers whirling around like headless chickens and a few minutes with this monopoly set ill explain my everything seems to be crashing and burning what the hell is a fiscal stimulus and why is everyone crazy about rate cuts 1st that said the pieces here are investors meaning millionaires youre middle class with maga savings your pension is here all of them have some money saved up these days you dont keep your money under your mattress you want to return it right interest a big good pension so you take this money and you put it in the banks depending how smart they are how greedy they are they promise you x. Amount of profit per month the banks then go ahead and loan out this money to whoever needs it they drive our entire economy the new hotel built in your city the new jet purchased by British Airways the new hips the bar bill down the road from you your mortgage to buy your house comes from the bank so all this money goes into the economy to keep things running and here is how it runs every month these people make payments to the bank here every month the same payment goes back to the bank the bank then pays the investors the investors then put the money back into the bank this is obviously simplifying things but you get the gist of it its a cycle it all works great while it works but then something unforeseen happens like a mortgage crisis or a pandemic virus clubs and pubs are to be closed along with theatres museums do Sports Centers and Similar Establishments and retailers with specific. Sanctions. Now is the time to take extra steps we are ordering the suspension of all retail activities with the exception of groceries pharmacies and other outlets selling fancy goods. Suddenly mass shut down quarantine factories businesses come to a standstill people lose jobs stop paying mortgages suddenly people arent paying the banks back and the investors the markets your pension manager they start panicking that is their money stuck potentially lost they see the news pandemic they call the bank they say they want their money out pull my money out of the markets out of the dow jones out of b. P. Out of up all the markets crash but the banks dont have it here is where the government step in before this mass panic and a run on the banks the government say the magic word bailout Fiscal Relief lots of words but its the same thing the government pulls money out of thin air the money presses and gives it to the banks so that they can keep paying investors its all pretend play they just simulating that everythings fine by printing ridiculous amounts of money and passing it back and forth between each other the real economy the factories in the businesses these guys are in quarantine and shut down but the entire point of this little show is temporary live this illusion has to work for a little while weeks months to allow the economy to recover to prevent the banks from going bankrupt and recalling all this debt to help these guys get back on their feet and start paying their debts back you dont need to be a new to the economist or an economist to realize how how fickle how fragile this illusion is the collapse of the markets is a clear. Very profound statement of the entire Investment Community which is not the small people who have a few shares im talking about the people who manage Pension Funds to manage bank boards on wheels and so on have a massive loss of confidence in the government of the United States or in the private economy to get out of this disaster were running on borrowed time they cant keep printing money for too long or inflation goes through the roof money becomes worthless the illusion will eventually wear off even the most optimistic investors can only live in denial for so long and will realize that banks are living in a dream world then it all collapses see the world up until now has been weighing lives vs the economy for all the criticism and ridicule of the world through a child that they shut down everything sacrificed their own economy to keep the virus from spreading the west didnt the west ridiculed that dismiss chinas response as incompetent they tried to keep the markets happy rather than the people safe and what they got america and europe is the worst of both worlds and economy on the brink of collapse and the death toll fast eclipsing that of child that after this short break well look at what quarantine nations in the west is drawing and west is drawing on inspired by chinas response to the coronavirus and so long criticize and that were not long so long ago criticised coming up after a short break. This outbreak really highlights that our system for Global Governance is weak and dad 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 certainly when so many countries are breaking International Cricket lation 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 to war a little bit messed up by our d. N. A. In some way over the complete im bored now surely isnt such a great thing you know im sure you look better now than when he had hair. Well its nice of you to say so but i went there when i was 25 and you mustnt so write them. Welcome back to another country being hard hit by the covert 900 pound that make it wrong where it supremely doubt house question americas motives to offer aid and said washington couldnt be trusted. Because your u. S. Officials have said on a number of occasions that they would be willing to help regarding medical supplies for the coronavirus you yourselves faced with a shortage judging by u. S. Media there are massive shortages you americans are suspected of having created this virus i do not know how real these accusations are but still they are circulating so who in their right mind would trust you to bring in medication your medicine could be a way to spread the virus more if you are not trustworthy very according to Irans Health Ministry one person in the country dies every 10 minutes from the virus with the death toll now