Solidarity how people are doing their bit to ensure social distancing does not lead to loneliness during times of the pandemic. Welcome to the program has just become much harder for most europeans to enter the United States with a month long travel ban on people arriving from 26. 00 countries now ins of dollars to fight the pandemic to unleash the full power of the federal government that the sefer today i am officially declaring a National Emergency 2 very big words the action i am taking will open up access to up to 50000000000. 00 of. Very importantly. A large about of money for states and territories or look at all of these in our shared fight against this disease well the travel ban comes as the World Health Organization declared europe as the epicenter of the pandemic hasnt factional rates so low in china schools businesses and sporting events are all being shut down one in spain a National Emergency is giving all 30 is there more powers to contain the outbreak meanwhile new zea
The sectors where you might want to hide out, each down by at least 4. 5 . Volumes down as well. Industrials, 106 above the industrial average in canada. Canadian stocks fell 10 on the day as the country recorded its first death from the coronavirus. Romaine european stocks flirting with the bear market. Of course, we had that big drop in crude. We know what sovereign bond yields are doing with the treasury yield. Scarlet everyone is looking for different technical levels, searching for any kind of hint. That is what Abigail Doolittle does so well. Abigail i want to start out with what stood out to me most. Capitulation, even though we are probably not close to a capitulation bottom. The dow transports in a bear market. Oil clearly in a bear market. The s p 500 down almost 19 . Hard to see the s p 500 not slip into a bear market. What the impact will be to the global economy. This is the chart that really, on this day, stands out the most the dow transports today did something it reall
Use board is. This series of gas attacks across zambia sponsored violent reprisals now the president blames Community Leaders for the armrest. We begin to saw with the latest on the corona Virus Outbreak which is forcing people around the world to drastically change the way they live travel restrictions are being tightened to millions of students are off school in the Global Economy is feeling the pinch brant crude oil prices are now down by 7 percent is the Major Oil Producing Countries hold an emergency meeting before we begin our coverage this take a look now at the numbers covered 19 as the virus is officially known as being tracked by Johns Hopkins university in the u. S. Here is the dashboard here as you can see here from the figures weve got 100640 7 total confirmed cases over here. Weve got 3411 is the total number of deaths that have been recorded what we really need to look at is the total number of recovered more than 55000 as it stands now this source is using various figur
A 30 day ban by the u. S. On old flights from europe excluding the u. K. And ireland is now in effect that been reports of long queues at some european airports as people try to beat the deadline President Trump announced the ban on wednesday in a bid to come about the spread of coronavirus he says the e. U. Has been too slow to react to the outbreak and blame travelers from europe for infections in the u. S. Lets go live to rob reynolds joins us now from Los Angeles Rob so youre there at one of the busiest ports in the u. S. Tell us whats been happening. Well things are quieted down a little bit here at l. A. X. So were standing in front of the of the day unfortunately weve been talking to people whove told us some really interesting stories one man said that he flew in from paris he got the last flight out he put it and then spent some 6 hours in the. Customs and the immigration area people were being charitable. Having their temperatures taken and so on he said it was a real mess an
Spread. The u. S. President s travel ban on 26. 00 european nations comes into effect hours after he declared a National Emergency. China says the worst of the Virus Outbreak is over as the number of fatalities dips and life starts to return to something approaching normal. On a virus that wipes out most of the world that may just Sports Events the English Premier League the Boston Marathon a formula one all off try in the global sport calendar into chaos. The coronavirus pandemic is forcing countries around the world to take extreme measures affecting all aspects of life for billions of people in iran theres been a spike in new deaths with 97 reported in one day that brings the total death toll there to 611. 00. There are more than 12700. 00 infections colombia is shutting its land border with venezuela its a crossing used by thousands of venezuelans every day looking for food and medicine during the devastating economic crisis there in the u. S. A travel restriction affecting 26. 00