This coming out of china this morning. The Unemployment Rates surge to 6. 2 in china, and bank of japan is boosting stimulus this morning doubling stocks purchases. They are buy equities at the bank of japan because yield and tenure fall this morning. Were down 18 basis is point on the tenure at. 800 . Over this 200 coronavirus cases now here in america. West virginia, the only state with no known cases. More school ises are closing major restrictions are being put on businesses and travel. The cdc urging no gatherings of more than 50 people. Vaccine trials meanwhile are starting today. That is one certainly note of optimism. Trump declared National Emergency urging americans against hoarding as Grocery Store is shelveses are emptying out. The president taking part in a Video Conference of with g7 lead percent today to coordinate a response to the coronavirus pandemic. Meanwhile this, senate is expected to vote in coronavirus release bill today. They were there late until 1 a. M. Frida
Chunk of that gain happening after the News Conference started and continuing throughout. All of this comes on a day of more cancellations and postponements affecting major sporting events, Worship Services and educational facilities. As well as increasing strain on businesses and consumers. America has dramatically changed how it operates. In the span of just a few days. Chief White House Correspondent john roberts starts us off tonight on the north lawn with what the Emergency Declaration means and what comes next. Good evening, john. Bret, good evening to you. Indeed, things have changed quite significantly in just the last few days. President trump was hoping it wouldnt come to this but with public concern growing and political pressure mounting on him to show that the white house is making maximum effort to deal with the coronavirus, the president today moved to get out in front of it. I am officially declaring a National Emergency. Two very big words. The declaration of a Nationa