Open. We are seeing curve flattening in the bond market, although btps moving earlier on out of coming from the ecb suggesting that stimulus may not be forthcoming in the near future. The cable rate also tracking lower as well, 1. 2911. Still north of 1. 29, but yesterday we were north of 1. 30. We are down by 0. 8 . Alix lets get back to the virus resurgence in europe. Italy reporting over 8800 new cases yesterday. Leaders from the u. K. , germany and france all weighing in. For londoners and to all who work in our great capital, i want to say thank you for what you have done to suppress the virus once. We now all need to play our part in getting the virus under control once again. I am convinced that what we do and dont do now in the weeks that are coming will determine how we get through this pandemic. We can see that the curves and the infection figures are pointing upward, and some cases quite quickly. A government which is absolutely committed to be divided, that is what the Busi
Im sumi so much scott its good to have you with us e. U. Commission president was enough on the line has announce a plan worth hundreds of billions of euros to help the bloc bounce back from the recession triggered by the coronavirus pandemic the plan calls for a recovery package worth 750000000000 euros which includes grants and loans for every e. U. Member state for the line said the fund was an admissions answer to the massive economic crisis facing the bloc she also said that you have the choice of each country going it alone or responding together as a unified continent. The money will be raised by temporary lifting the only resources ceiling to allow the commission to use its very strong Credit Rating to borrow money on the Financial Markets this is an urgent and exceptional necessity for an urgent and exceptional crisis the next generation e. U. Will invest in repairing our social fabric protect our Single Market help rebalancing Balance Sheets across your lets bring in our corr
Boiling over in Turkeys Parliament over its offensive in syria politicians are angry after another 2 turkish soldiers die in the. Bombing from crossing a bridge from turkey to greece refugees are risking their lives for a chance at a new life and your. Welcome to the program italy has announced it will be closing all schools and universities until mid march as it battles to contain the spread of the coronavirus officials have decided to still allow sporting events to continue but they will be held without spectators the number of dead across italy now sits at 107. 00 thats the largest death toll outside of china in the United States the number killed has risen to 11 several are connected to an elderly care home in seattle new cases have also been reported around the 2 most populous cities thats new york and los angeles in the past few hours the u. S. House of representatives approved an 8300000000 dollar bill that will fund the fight against the virus is expected to pass in the senate
And the world and that means anxiety as much as the covered 900. 00 virus itself staff at the worlds most Famous Museum the louvre in paris shut it down for 3 days this week demanding better protection against the virus tourists went to news to there isnt a place in the world that its not going to get to you and you cant just shut down the world and you can though shut down parts of it battling europes most prolific outbreak so far italy will close all schools and universities until mid march in an effort to stem the tide of infections and a rising death toll japan did the same last week and france has also ordered the closure of some schools affecting an estimated 35000 pupils. As dramatic for some italys decision to hold all sporting fixtures in empty stadiums spain has done so to life across the globe is changing fast the World Health Organization continues to stress the importance of containment in places with few infections in the hope of delaying the spread of the disease and to
Work to make it right the. Billionaire Mike Bloomberg ends his race for the white joins joe biden after the former Vice President s convincing super tuesday victories. On the group of artists branching out into the world of nature to leave an important message. Welcome to the program a state of emergency has been declared in california after the u. S. State recalled that its 1st death from the corona virus and the number of infections there have increased there are now 50 cases in california the death of an elderly person on wednesday was the 1st outside of Washington State where 10 people have now died. Weve had a number of incidences throughout the state of california no longer north now in Southern California we have cordingley with this new. I. C. U. Patient passed away entered into this next phase that is required me under the circumstances to advance a proclamation. Of a state of emergency in the state of california and she had her townsend joins us live now from washington d. C.