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To very high global level. Well lisa china there is some good news in Mainland China they are reporting 327 new cases that is the lowest since january 23rd and chinas biggest 3 airlines they have restored some International Flights with that lets go to kristie to start off this weeks market walk. Buyers are getting burned again as an avalanche a stock dumping continues and accelerates into the weekend Global Equities are now headed for the worst week since the depths of the 2008 financial crisis as investors ditch risky assets on fears of the coronavirus will become a pandemic and do real Economic Growth even gold cant even catch a break with the safety metal down 1. 4 percent for the week now this is unusual as gold and risk assets trade inversely but with ....
A lower those 2 had recently traveled to italy and reported the contract of the virus there mexico is now the 2nd latin American Country to register the virus and the largest city on the african continent lagos which has a population of over 20000000 people has also reported its 1st case from an italian patient the w. H. O. Continues to warn that this virus will likely soon be in every country throughout the world. The continued increase in the number of cases and the number of affected countries over the last few days clearly of concern. Just have been monitoring this development squint universally and we have no increased assessment of the risk of spread and the risk of impact of corbett 19 to very high global level. Well lisa china there is some good news in Mainland China they are reporting 327 new cases that is the lowest since january 23rd and chinas biggest 3 airline ....
Iran at 34 where that country has seen a huge jump in infections to ron had already canceled friday prayers at the capitals of 23 of around 31 provinces u. S. Secretary of state might bump aoe says that the u. S. Has offered to assist iran with medical response over in south korea they have the highest number of infections outside of china 2337 and while china seems to have gotten some control over the spread of the corona virus it is italy that appears to be a Central Point for spreading the disease as italy now reports 650 cases and 17 deaths switzerland has canceled its giant geneva car show mexico has confirmed its 1st case of corona virus 2 min in mexico city and want to see the loa those 2 had recently traveled to italy and reported the contract of the virus there mexico is now the 2nd latin American Country to register the virus and the largest city on the african con ....
To get to on this very busy day lets get started. And we begin with another bloody day for wall street down another 1000 points and yes we have now seen the worst week for markets since the 2008 financial crisis wiping out as christy just said 5 trillion dollars from Global Markets im going to say it again wiping out 5 trillion dollars in one week were going to break down Global Markets and the horrific week they just had in just a minute but 1st lets get you caught up on the very latest with the corona virus which of course is blamed as the catalyst for all of this so here are the latest numbers more than 83000 people and at least 53 countries have been infected and of those more than 2800 have died outside of china the largest number of deaths is in iran at 34 where that country has seen a huge jump in infections to ron had already canceled friday prayers at the capitals of ....