Page 2 - Administration Coordinating News Today

[inaudible] we want to be able to take advantage of the opportunity this morning to give the secretary time for the give and take in the dialogue that were going to embrace here for the next couple of hours. I think we can proceed to the first issue so we can get to the chairman. It is of no controversy. No con. So, first, let me call the ways and Means Committee to order. Good morning. Before turning to our hearing this morning. The committees annual budget on views and estimates for fiscal yea...

247 live from the russian capital this is an International Web that you get from a very womb while come. Now for a stop few u. S. Stocks plunged on state to the lowest in decades the Federal Reserve moved to pump in a margin seed loans to ease the strain as investors fled over the impact of the coronavirus pandemic the benchmark Dow Jones Industrial average fell 10 percent in a single day marking the biggest decline since black monday back in 1907 all the major american indexes also closed signi...

Its just gone now i am here in moscow this friday the 13th of march going to keep me company as we talk through the biggest stories of the day so far. Starting with this one u. S. Stocks plunged on thursday to the lowest in decades the Federal Reserve moved to pump in emergency loans to ease the strain as investors fled over the impact of the coronavirus demick the benchmark Dow Jones Industrial average fell 10 percent in a single day marking the biggest decline since black monday with a way bac...

Everything from the bank of england, we are looking at the ecb as well later tonight. Lets briefly have a look at where we are on the state of risk assets right now. We are down 2. 5 under zealand, so down across the board equitywise. U. S. Futures pushing lower. Stocks and bonds were both hit, combined was the worst that we saw since at least 2002. The dow now in a bear market and ending that 11year bull run and the s p just within 1 of entering a bear market as well, that 19 drop, so you see t...

Plus 3 years sentence. Once dean was convicted of rape and Sexual Assault in a case that gave momentum to the need to move. On nick spicer welcome to the program italy has ordered the closure of all shops apart from food stores and pharmacies all bars and restaurants are also to remain shut as part of efforts to halt the spread of the corona virus italy has the largest number of infections outside of china more than 800 chalion have been killed by the disease. A major airport in milan and missin...

Corona Virus Outbreak has been labeled a pandemic by the World Health Organization Johns Hopkins university in the u. S. Ports world wide and the actions of well over 125000 cases growing in the u. S. President trump to set to address the nation at any moment alison is to begin speaking we will take you there is expected to announce a further economic package an addition to the 8300000000 dollars of emergency funding approved last week and anthony she is one of the governments top disease advise...

But the market obviously not the only thing that has people on edge. The World Health Organized in reporting this is now officially a pandemic and we will get into exactly what that means for you in a little bit. The number of coronavirus cases in the u. S. , now well over 1000. Twentynine deaths in Washington State alone. They have banned large gatherings of over 250 people and now were seeing severe measures to prevent the spread. New rochelle new york with the milewide containment zone. The n...

Territory for the first time in 11 years. All this comes amid concerns by the administration on the outbreak. We are standing by now at the white house. Reporter good evening. With fears mounting about the coronavirus, President Trump is expected to announce a series of steps to deal with the issue. One white house official tells me the president will likely announce some expanded travel restrictions. Another option under consideration the possibility of declaring a national disater. Here now is...

Have to radically change within the last 24 to 48 hours this has gone from something that weve been talking about that affected a relatively small number of people in this. Country but now what weve seen with the stock market were now in bear territory. For the first time in 8 plus years and that has had a huge effect on the economy and a lot of volatility there so were starting see whitening affects weve had the bands in San Francisco plan in Santa Clara County on large gatherings of people ove...

With a plan on how to deal with the coronavirus. He will be appearing in the oval office which is seldom done and gives you some idea of the severity. And also the just the state the nation is in right now. This is a cbs news special report. Im nora odonnell. President trump is about to address the nation as the coronavirus outbreak worsens. He will speak from the oval office underscoring the gravity of the situation this country faces. Today the World Health Organization declared a pandemic. Th...