Hello that was Headline News 247 this is our international. Break welcome to the program u. S. Stock market suffered its worst trading day since 1907 with share prices tumbling by 13 percent on monday the coronavirus pandemic is causing turmoil on Financial Markets worldwide despite drastic action from Central Banks to limit the damage discussed whats driving the selloff with our senior correspondent. Well theres only one way this is going and it is going down look at yourself in a matter of weeks the Dow Jones Industrial average this is this is an average of many major corporations so an index of their stocks the average it is plunged to levels that we saw that the world was out in 2070 so over the course of a few weeks weve raced all economic progress made over the last 3 years and this is still early days yet i mean the pandemic in the United States it is predicted to get much much worse essentially what were seeing is the equivalent of a run on banks so if a bunch of people right o
Are calling it a power grab and a big bailout for germanys Small Businesses owners begin applying for state aid as europes largest economy is forecast to shrink by between 2 and 5 percent this year. Im sara kelly welcome to the program around the world social distancing has become the montra of the day but in greeces overcrowded migrant camps like moria on the island of lesbos thats not possible conditions were already unsanitary and many migrants stuck there also have preexisting Health Problems aid organizations are now calling for the most vulnerable residents to be evacuated to prevent a humanitarian catastrophe. In the maria refugee camp very few have been able to get a mask to protect against corona virus. There are more than 20000 People Living here in dire conditions lack of food washing areas and medicine are the norm. There is a lot of disease here people are sick they have fevers and skin conditions like scabies and lice they cough and have breathing problems like asthma off
Stock market suffered its worst trading day since 1907 with share prices tumbling by 13 percent on monday the coronavirus pandemic is causing turmoil on Financial Markets worldwide despite drastic action from Central Banks to limit the damage kevin discussed whats driving the selloff with us senior correspondent. Well theres only one way this is going and it is going down look at yourself in a matter of weeks the Dow Jones Industrial average this is this is an average of many major corporations so an index of their stocks the average it is plunged to levels that we saw that the world was out in 2070 so over the course of a few weeks weve raced all economic progress made over the last 3 years and this is still early days yet i mean the pandemic in the United States it is predicted to get much much worse and essentially what were seeing is the equivalent of a run on banks so if a bunch of people run by sea to try to get their money out this is what investors are doing now with the stock
Stock market suffered its worst trading day since 987 with share prices tumbling by 13 percent on monday the coronavirus pandemic is causing turmoil on Financial Markets worldwide despite drastic action from Central Banks to limit the damage discussed whats driving the sell off with our senior correspondent. Well theres only one way this is going and it is going down look at yourself in a matter of weeks the Dow Jones Industrial average this is this is an average of many major corporations so an index of their stocks the average it is plunged to levels that we saw that the world was out in 2070 so over the course of a few weeks weve race all economic progress made over the last 3 years and this is still early days yet i mean the pandemic in the United States it is predicted to get much much worse and essentially what were seeing is the equivalent of a run on banks so if a bunch of people run by sea to try to get their money out this is what investors are doing now with the stock market
A majority. And this board to pass and then pick minister says the tokyo game that could be delayed until later in the year but olympic bosses insist the event is still on course to begin in july despite the corona Virus Outbreak. Turkey has shot down a syrian warplane over it live in the northwest as Government Forces try to advance deeper to capture the last major rebel held area oh its the 3rd syrian fighter jet downed in 3 days turkeys escalating campaign is threatening to bring it to direct confrontation with the Syrian Governments ally russia the violence is taking an increasingly heavy toll on civilians 8 people were killed in an explosion in a blip city elsewhere fighting is intensifying in the south its happening in the raw despite a cease fire thats been in place there since 2018 there are reports of at least 5 people have been killed. Well hashem about it joins us now from have time i on the turkey syria border hashem just bring us up to speed whats happening there on the gr