Matt the coronavirus spreads stateside. New cases across the u. S. Including in new york city. President trump meets with pharma executive today as the global death toll passes 3000. The fed is in play. Policymakers stand ready to cut rates but doubted they can fully offset the virus in fact. Goldman sachs sees a 50 basis point reduction this month. Berlin reports its first case of the coronavirus. Italy seeks a wider deficit to pay for emergency economic measures as cases soar. We are under an hour away from cash trading in europe. You are getting 1 to 2 gains in futures, the ftse futures up. This is after the biggest route we have seen, we saw last week since 2008 for the broader stoxx 600 european index. Getting gains in the preachers in the u. S. Are not as sharp but we are 7. 5 hours away from the start of trading there. The nasdaq, down, many contracts rising this morning. What are you seeing . Money going into risk assets. That is the theme through the Asian Session and markets
Its almost 2 weeks since italians were ordered to stay home as italy battles its worst National Crisis since the 2nd world war the lock down has crippled the worlds 8th largest economy but the Prime Minister says its the only way to fight a virus thats killed nearly 3000 italians from mr shes happy content says that he will extend the lockdown italy has ripped reported a record 475 deaths thats more than any nation on a single day it is the worst affected country in europe outside of europe malaysia has put 31000000. 00 citizens on the partial lockdown until the end of the month the government says that it could deploy the army to enforce the measures the country has reported 2 deaths and 900 infections meanwhile china is easing its restrictions after no new home grown infections were reported on wednesday all new cases were. Returning home from other countries and here are all what arbus on the interactive map by the Johns Hopkins university it gives live updates on the total number a
President trump is closing the border with canada. And calling himself a wartime president. This is a war. And were in the same trench. This is no time to panic, but its just as much no time for business as usual. Reporter infections in the u. S. Have swelled to more than 8,000. The first known members of congress have tested positive. Probably the worst cold ive ever had. And sorry. And im healthy. The New York Stock Exchange said it would temporarily close its Trading Floor and move to electronic trading beginning monday. Were in a real doozy of a crisis. You simply cannot do enough to help make things better. Gun and ammo sales are way up amid the Novel Coronavirus outbreak. Some stores are having trouble keeping up with the demand. All that if you still want a holiday experience, take inspiration from these melbourne retirees. Who managed to enjoy their canceled cruise without leaving the comfort of their own home. And all that matters. Were all in this together. Im a dreamer but i
Today summiteted lengthy meeting of the White House Coronavirus task force. At the president s direction we his continued to implement whole of government approach to bring the full resources of the federal government to bear to confront the spread of the coronavirus in the United States. Saying according to all of the experts gathered here and on our task force the risk to the American Public of contracting the coronavirus remains low. That said, we continue to lean into this effort in full partnership with state and local Health Authorities around the country. To ensure we do everything to prevent the spread of the disease. Expansion, and to provide necessary treatment to americans that have been impacted. First let me turn my attention before we speak about some of our broader efforts. And hear from members of the task force about to an issue on the hearts and minds of people across the country. The grand princess cruise ship has been mourned off the coast of california since wednes
1000000000. 00 gamble fails to pay off he ends his campaign and backfired and. Combating the coronavirus very few cases have been confirmed in african countries so what is the risk of a massive outbreak on the continent and would all countries be equipped to deal with a pandemic. Im told me a logical welcome to the program. More than 12000 migrants are now believed to be waiting on the turkish side of the border with greece greek police have used tear gas to push back migrants who are trying to cross the European Union is standing behind greece mindful of the political fallout created back at 2015 after more than a 1000000 refugees were allowed to enter germany now 2 important things have not changed in the last 5. He is the war in syria is still on and most refugees are europes gates come from their. Shots and tear gas at the greek Turkish Border tensions are rising here as a new chapter in the migrant crisis unfolds turkey accused greece of killing a migrant and wounding others on we