Matt stocks and freefall. The s p 500 sees its worst session since 2011 and the fastest stock Market Correction ever. 5 trillion in Global Market cap are erased in a week. Virus fears intensify. Cases and south korea to knock 2000 cases in south korea top 2000. Jp morgan joints citigroup and Goldman Sachs in slashing estimates for u. S. Companies, and crude slumps. Oil set for its worst week since 20 11 as well as opecs secretarygeneral says there is a renewed commitment for joint action. A report says saudi arabia wants producers to agree on additional cuts of one Million Barrels a day. Just under an hour away from what could be a bloody day of trading. Futures that i looked at were the worst since at least 2016 on the stoxx 600. Anna good morning. Is this what fear looks like . Markets down by more than 4 . You will see how much scary looking red there is on that screen. Futures in europe down by more than 4 on the cac, as you can see, and expect them to see significant losses. U. S.
Suitable time and under the most suitable conditions. The two sides will continue to closely communicate over the schedule. The outbreak has already forced chinese leaders to shelve another key political event, the peoples congress, where they lay out major policies. Earlier on thursday, chinese officials s said the v virus ha kikilled a total of more than 3,000 people in the country. Over 80,000 have beenen infecte. They said all 31 fatalities in the natation on wednesday came hubei province, where the outbreak was first reported. Theyey said the situation is improving in the rest of china. In tokyo, lawmakers are expected to enact a bill as early as next week that would allow the prime mip stnister to declare a state of emergency in response to the virus. The legislation would enable local governments tobusinesses hours, close schools, and instruct citizens to stay indoors. Authorities would also be able to use buildings and land without the consent of owners for medical purposes. Se
Treasury market. Unbelievable moves. Commodities just keep getting crushed. Crude is at 40 have dollars. Time not is at 45. Tom never global exchange. Our bloomberg voices are on the ground with this mornings top stories. In asia, new cases of the coronavirus continue to appear outside of china. New zealand and lithuania have reported their first infections. And cases anda, south korea have gone to over 2000. Joining me is stephen engle. That is the case outside of china. Theresns that if 83,000 globally, thats more than 4000 outside of china. Chinas rate of new infections has been slowing down. New cases since yesterday, but south korea nearly doubled that in one day. They reported another batch of new numbers on top of the numbers this morning. They added 571 cases from yesterday. That means they have more than 2100 cases and climbing. Japan also climbing towards 1000 confirmed cases, 931 if you 700 from the cruise ship off yokohama. Tokaido has declared a state of emergency the day
It in puzzle yourself its not easy to go to another country you know nothing about why for i dont do this because we cant stay on venezuela im not i dont know most of that. Closely global news that matters d. W. Made for mines. Africas new Health Challenge the coronavirus rears its ugly head in several african nations its already hit the continents Airline Industry with so many china flights cancelled now Border Security staff the screening of passengers we talked to an expert about the extent of africas exposure to the operate considering how strong its ties have grown to china and the growth ambitions of german travel giants to eat a little virus could get in the way. Ive been physical and lets do business the world health organization. Concerned about the increasing number of countries reporting coronavirus cases especially those with weak a Health Systems 7 countries in africa have recorded cases algeria senegal Egypt Nigeria morocco tunisia and south africa the last one being the
I mean when i was in women especially in victims of violence and. Take part and send us your story we are trying always to understand this new culture. You are not of a little another yet you want to become citizens. In full migrants your platform for a while information. Africas new Health Challenge the coronavirus rears its ugly head in several african nations its already hit the Continent Airline industry with so many china flights cancelled now Border Security step up the screening of passengers we talked to an expert about the extent of africas exposure to the outbreak considering how strong its ties have grown to china and meet growth ambitions of german travel giant chewy a little virus could get in the way. And benefits all and. Lets to business the World Health Organization is concerned about the increasing number of countries reporting coronavirus cases especially those with weak a Health Systems 7 countries in africa have recorded cases algeria zenner go Egypt Nigeria morocc