Infected will bebe quarantinine ththe shipp a and monitorored. Crews members who test negative will be asked to return to their home country, if possible. Doctors in the region have raised concerns hospitals could be overwhelmed if the number of cases rises. In february, the diamond princess cruise ship was the center of another outbreak. It docked at a port just outside tokyo. More than 700 people tested positive and 13 people died. At the time, it was the largest clusterr infecection outside ch. Officials say more than 260 additional cases were reported across the country on thursday. Half of them came from totokyo. The total number of confirmed casess in japapan is now over 12,0,000. More than 300 people have died. Among them is a man in his 50s. He initially exhibited mild symptoms, but his condition worsened while waiting to be hospitalized. Translalator healthh offici talked to the vicictim and prprepared f for his hospital v, but t the following day, his conditioion worsened, an
Within the dow. Take them out of the picture, things wouldnt be as bad as they are now. Were well off the earlier lows, down 400 points, down about 165 points but also fueling this, offsetting this if you will is talk of progress on that stimulus front. You remember where they were looking for republicans, another 250 billion for the Paycheck Protection Program . Well they ran into a buzzsaw of criticism from democrats that argued it was too tilted to business so they wanted to make assurances for health care workers, hospitals, that sort of thing. I stress that they have reached a broad parameters of a deal. It is not a deal until they both mutually agree. Were seeing progress on the front. That mitigated losses in the dow and offset the oil impact. Edward lawrence joins us now from washington with how this is all progressing. Hey, edward. Reporter neil, close, very close. That is how it is being described. As you said no deal, no ink to paper as it were for this deal. Republicans ini
Highlight the countrys shocking right. Tonight. Well we begin with the sound off on Global Stock Markets prompted by fears about the coronavirus and made worse by a row between saudi arabia and russia. Which sent oil prices down 20 in london the fifty one hundred almost 9 its biggest one day drop in twelve years. In new york trading was briefly suspended and when it resumes the major indices fell six points weston pony has more. Dozens oforried phone calls at this parisian trading room the french Capital Stock exchange plummeted more than 8 on monday. The latest dp in a two week decline. Okay around the world stock markets have also been in freefall trading rules of the new york Stock Exchange triggered a fifteen minute trading suspension after the dow jones and s. And p. Five hundred. Open down than seven percent. The reason behind this market crash it did this combinaon for the Global Economy. On the one hand and bill price war between russia and saudi arabia which sent the price of
Prone to gaffes. In congress, no agreement on how to respond to the virus. The latest proposals, a payroll tax holiday for the rest of the year. In other words, your Social Security contribution, suspended. Another one, extend the april 15th tax deadline. However, congress had better get on with it. A oneweek recess starts friday. The market, not happy with any of this. Stocks will be down at the opening bell. You kind of get seasick watching it all. Down 2,000 monday, up 1100 tuesday, this morning we will open about 800 points to the downside. Similar losses for the s p and nasdaq. The virus, there are now just over 1,000 cases in the United States. Draconian action in new rochelle, new york, where the National Guard has been called out to help with a cluster of cases in that town. Seattle has restrictions on large gatherings. The first lawsuits have appeared, a cruise line sued. And just look at this. Students at the university of dayton rioted last night after the authorities announ
Report straight ahead stay with us. This is the kaiser a party of all or that expression if you find yourself in a hole stop digging sounds logical right now for one particular industry. Well thing indeed in fact there are 2 industries and weve talked about them often thats the Tech Industry we have the tech bubble 2. 00 with we were left peloton all of those sort of companies and we have the fracking one and thats important for this 1st headline for wall street dot com because he looks at all these bubbles going on what he says is heres what im worried about with the everything bubble how cash burn machines power the real economy and what happens to the economy when investors refuse to have more of their cash burned so he calls it the cash burn machines these are investors willing to just keep throwing money into ever losing operations we work. Of course theyve been losing money for 10 years or less in the case of we work but they keep on throwing money and theyre willing because ther