Exception of the new zealand dollar. We see the japanese yen weakening a bit and the renminbi was in focus. To 1714. Nching closer 711 93 for your onshore. Bonds are mixed across the board. Australian 10 we are watching it was the rba announced not a smaller amount than expected. Seeing a little bit of a selloff when it comes to your aussie bones. Up eight basis points. Areomes to brent, we getting a little bit of a breather. Higher. A half percent we are hovering around 21 for wti. There is optimism President Trump is going to be meeting. Ith oil execs that is leading to some of the oil bulls to come back out again. Lets get the first word news. U. S. Intelligence is accusing china of concealing the true extent of the coronavirus outbreak. Underreporting total cases and deaths. We are told the public statements about the infection have been intentionally incomplete and the numbers are fake. Beijing has changed its reporting of people and added hundred 30 extra cases in the first day.
Has nearly doubled to close to 1000000 this in any way chose the director for europe says its imperative that we dont let down our guard governments must be sure that the virus transmission is under control also coming up a gloomy Economic Outlook for asia the International Monetary fund says there will be 0 growth in the region for the 1st time since the 1960 s. Because of the coronavirus. Great art inspired by sound isolation if youre getting bored at home try reproducing well known works of art in your own living room bedroom or bathroom. Im sorry kelly welcome to the program the World Health Organizations european director has warned that despite some optimistic signs in some of the countrys worst hit by the corona via. Yes the number of cases continues to rise dr holmes a clue those remarks came as some governments including here in germany eased their lockdowns now he said that despite the spring weather europe remained in a storm and he warned against over optimism about easing
Colombian capital bogota. Michael local its good to have you with us the coronavirus is paralyzing countries across the world but in china where the outbreak originated life is very slowly starting to return to a normal pace this morning though the entire nation came to a standstill for 3 minutes as people there mourn the more than 3000 lives lost in the pandemic. At half staff throughout the country. Cars ships and trains run at their horns as air raid sirens wailed for 3 minutes they forced to remember the people who have died all over china during the coronavirus pandemic according to official numbers more than 3300 lives were lost in mainland china. In one hand alone the capital of where province at the epicenter of the outbreak some 2500 people have died. Why rush during the moment of silence i felt so. You could hear everyone was choking with sobs. I mourned for the big crisis china has faced what happened to these people was a very unfortunate we should mourn for them when liang
We are going to go through a very tough two weeks and then hopefully as the experts are predicting, as i think a lot of us are predicting after having studied it so hard, we will start seeing real light at the end of the tunnel but this will be a very painful, very very painful two weeks. Stuart the president s top medical advisers project a death toll in america of up to 240,000. Everyone is now paying attention. Now weve got to focus what will likely be the worst Economic News coming at us in generations. Millions of people will not be paying their rent this month. How will that ripple through . Millions of people have just been laid off. New unemployment claims coming out tomorrow will again show millions added to the jobless list. The airlines, they are reporting passenger traffic levels down 88 in two weeks. And Mortgage Applications down 24 from last year. The market, of course, reflects these new uncertainties. The dow dropped over 400 yesterday and this morning, its likely to o
To get on with it we are currently at a transmission rate of one meaning gone past an infected one of the past and. Soon of india that if we get to the point where one person in fact 1 point one office then by october our Health Care System move each capacity then b. F. Its. Like trying to send. The limit in july. By 1300000 it is in june so you can see how little room we have to work with. Also coming up tonight a special report from war torn yemen where soldiers and civilians now fear a fever just as much as they fear their phone. Officially theres only one case of covert 19 in yemen in reality there may be many more thats bad news for this troubled country. But to our viewers on p. B. S. In the United States and all around the world welcome we begin the day with a meeting of g 7 leaders and the very different accounts of what was said today the u. S. Hosted the Video Conference of leaders from the g. 7 group of industrialized nations later in a statement the white house in el. That