A deadly rocket attack on a coalition banks the u. S. Launches a new round of airstrikes in iraq. Asian markets have opened in freefall extending a global rahsaan fears of a recession caused by the coronavirus pandemic that follows a dire day for u. S. European and middle east and stocks invest as a bailing out amid travel restrictions and business shutdowns that are bringing economies to a halt italy has ramped up its long down closing bods restaurants and shops while france norway and ireland among the latest countries to close schools and universities if its to stop large gatherings have led to severe restrictions on sporting events european football matches and american basketball baseball and hockey games are among those canceled all. Pos phone postponed and the fallout is continuing on the Global Markets on wall street the Dow Jones Industrial average sank almost 10 percent into worst losses since the black monday crash 987. 00 and london the footsie 100. 00 closed down almost 11 percent while european markets together dropped 12 percent as for asia right now tokyos benchmark nikkei index is trading down almost 10 percent south korean stocks have slumped by about 7 percent i will get a live update from seoul shortly 1st christensen there me has the round up from new york. These are dark times on wall street as the corona virus continues to spread and a fog of uncertainty descends on investors here and around the world we will be suspending all travel from europe to the u. S. President Donald Trumps shock announcement on wednesday night that he was banning all travel from the European Union may have been intended to calm fears. But it had the opposite effect. For the 2nd time in a week the slump in stock prices was so precipitous that trading on the New York Stock Exchange was temporarily halted on thursday as airlines began cancelling flights the u. S. Federal reserve stepped in with the rescue package this time promising 1. 00 trillion dollars to shore up markets but it had little effect new yorks main indices closed down between 9 and 10 percent leaving many wondering what more could be done to calm nerves i think were going to need to see a series of actions that look like theyre only focused on responding to this no other agenda so every department the government has to sing the same song in the same tune with disabled music all these little gaps and things that people think are cute when times are good become terrifying when times are bad and were closer to bad than good at this particular moment. It was even worse for european traders as the economic implications of president trumps travel ban sunk in germanys dax closed down more than 12 percent as did france and spain main markets while londons footsie had its worst day since the crash of 1987. U. S. Markets have now fallen more than 20 percent below their highs and with coded 19 yet to peak here its actual impact on the economy not to mention peoples lives is hard to predict that has investors preparing for the worst while everyone is hoping for the best christian salumi aljazeera we are. Mcbride joins us now live from sol so asian markets a nosedive. Absolutely kim the carnage has continued here across the border this wave of selling on all of the asian markets japans nikkei is down now around 9 percent the bank of japan officials have been meeting with government officials to discuss the plunge closely followed by south koreas kospi index thats down nearly 8 percent selling has been so intense here in seoul the safety mechanism that kicks in to suspend trading when selloff becomes too intense basically to try to prevent an uncontrolled computerized sell off well that was triggered it suspended trading for 5 minutes to allow things to cool down but now trading has picked up again the kaspi has continued its journey southwards closely followed by the hang seng from hong kong that is now open thats down around 6 percent 2 and a half percent down on the shanghai composite so everything in completely read on the boards here and the asian markets it was only earlier this week that a lot of investors here in south korea were discussing online whether it was the time to buy into these markets because of course theyve all been very heavily depressed by the coronavirus as it has unfolded over the weeks that these outbreaks have been happening here in asia well all of those investors can think again this is certainly not the bottom of the market nobody knows exactly where the bottom is but all of the markets seemed determined to try to find it this friday. Robin oakley tell us a little bit more about their numbers now particularly interested in the numbers of new infections from china. They continue to be a positive sign here in south korea the downward trend has continued we have we have around 110. 00 new cases that again is continues to be downward we cage in the get spikes in the numbers as new clusters are being found but of course you we are seeing you know thousands and thousands of tests being done here in south korea that continues apace in Mainland China they are reporting for the 1st time across Mainland China a single digit number of new infections just 8 infections for the whole of the country so that is promising news and in fact were hearing stories about china preparing to send some of its massive stockpiles of medical kits hygiene equipment medical equipment etc to countries that are now in more in need of it such as italy and other countries in western europe so that is a positive sign all of these positive information you might have expected to improve Investor Sentiment here in asia but of course the asian markets are looking at whats happening in the United States and whats happening in europe and the way those markets are all falling there and nothing can give immunity or quarantine from the bad news the there is elsewhere in the world thanks for that update there from a bride live from salt. U. S. President Donald Trumps restrictions on european travelers is set to begin later on friday and the restrictions arent just having an Economic Impact theyre also straining already diplomatic relations between washington and brussels as mike hanna reports. The irish Prime Minister arrives at the white house his bilateral meeting with the u. S. President one of the few events going ahead is sure jeweled island along with the United Kingdom 2 countries exempt from the sweeping travel ban which appears focused on the 26 European Union members of the Shingle Alliance giving rise to claims that the ban has been haphazardly applied when you think of what happened to europe because it was very fast and very furious and what happened is a lot of people went from china into europe and europe suffered tremendously see whats going on and so i just wanted to stop as it pertains to the United States or Public Access to the u. S. Capitol has been suspended but lawmakers in the house are continuing to discuss a bill to counter the economic and social impact of the coronavirus and also pacing questions about whether lawmakers should stay at home lets get this bill passed 1st and then well see where theyre from there because the fact is the house is on fire people are concerned about their of course the house and the health of their challenger democratic president ial candidate joe biden added his voice to the discussion about how best to deal with this ongoing crisis and was harshly critical of the efforts by the trumpet ministration public fears a big compounded more pervasive like interest in this president s furor why adversarial relationship with the truth that he continues to have this tool public concern about the slow rollout of testing kits this despite claims by the trumpet ministration that anyone who needs a test can get one the website of the center for Disease Control records said it has not conducted any tests over the past 4 days and the number of tests conducted by Public Health lads has dropped dramatically over the same period yesterday for example across the entire United States only 8 tests are reported. President trump maintains he is in no need of submitting to a test but this may change following reports that a man he met during talks with the brazilian leader at mar a lago last week has tested positive for the virus brazils communication minister pictured here on the president s lift is awaiting the results of his 2nd test my kind of aljazeera washington mike hanna mentioned there the lack of testing going on in the u. S. More top u. S. Official who deals with Infectious Diseases has bluntly described the situation as a failing anthony felt he made the comments to members of congress in a briefing on thursday the system does not is not really geared to what we need right now what you are asking for that is a failing and. It is a failing there lets admit it the fact is the way the system was set up is that the Public Health component that dr that dr redfield was talking about was a system where you put it out there in the public and the physician asks for it and you get it the i hear of anybody getting it easily the way people in other countries are doing it were not set up for that do i think we should be yes but were not. The wife of canadian Prime Minister Justin Trudeau has tested positive for corona virus so if he had been experiencing flu like symptoms following a visit to the u. K. The Prime Minister says he doesnt have signs of infection but will stay in isolation for 14 days. And the move thought to be unprecedented in modern times the vatican has ordered the closure of wrongs catholic churches in response to the coronavirus pandemic the decree will stay in effect until early april follows cancellations of public engagements by the pope whos been Live Streaming prayers online to avoid big crowds vatican has also told romes catholics theyre not obliged to attend sunday mass while the pandemic is ongoing. Across the world sporting events being affected all north American Sports have either been canceled or postponed that includes the National Hockey league Major League Baseball and the n. B. A. College basketball championships have also been called off. In the u. K. Premier league bosses are holding an emergency meeting on friday after arsenal manager Michael Arteta tested positive for the virus comes as spains a league has been suspended with the whole Real Madrid Team placed in quarantine and the organizers of formula one have cancelled the astray and grown free of the coronavirus concerns the event was due to be held in melbourne this weekend with about 100000 spectators a member of the mclaren team it tested positive for the virus on thursday example treated by local health authorities. David zirin is Sports Editor for the nation a weekly news magazine he says the n. B. A. Season suspension was a wake up call for many. It certainly seems that for a lot of people this did not become real until the n. B. A. Said you know were putting our season on hiatus because thats when a lot of folks will go up and said whoa this really must be something i need to Pay Attention to i persisted because sometimes being involved in the sports world allows you to take a vacation from the real world and yet theres no vacation from what were dealing with right now left to consider several factors i mean the 1st is take the National Basketball association theyre talking about losing tens of millions of dollars when they cancelled a series of home games but its not just the people at the top who make all this money they also have to take into account the stadium workers who tend to be low wage workers who depend on those jobs for their daily lives and then theres a whole informal economy outside of stadiums where people make money by hawking various goods so when youre going to cancel an n. B. A. Game its not just about removing that entertainment from our buff they have options its also about wreaking havoc on the lives of people who depend on these games for their work and their livelihood. Still ahead on all just their own civilians caught in the crossfire of polands ascension law and turn fighting in the Central African republic. Welcome back lets look at weather across the americas now in north america weve got one weather system with some heavy snow in its north across canada extending down the eastern seaboard but should gradually clear away during the course of friday meanwhile across the southwest weve got more weather systems pushing in giving some outbreaks of rain here much needed and some rain in the south too and that is likely to develop during the course of saturday moving up towards the midwest region with some snow on its Northern Edge at that stage we should find clear but cooler weather pushing into the east coast with new york theyre looking at highs of just 12 degrees celsius into Central America weve still got the threat of some showers for hispania but i think jerry and improve picture here for both the Dominican Republic and haiti cuba are looking largely fine a few showers across interior but lots of sunshine through the isthmus a scattering of showers but weather conditions the most part looking fine it should be a nice day in cancun with highs of 27 moving on through into saturday those showers continuing further towards the south so certain merica were expecting are plenty of share right to vittie across more western parts of brazil the study across into peru for the says looking largely dry and fine well you see sunshine returning to point is areas heise here expected to reach 33 degrees celsius. For. The shocking treatment of disabled people in Eastern European state run characters in these cages who cannot have access to a toilet or water and the bureaucratic indifference to their plight she has his hands and his fates tied to the beds 5 years after 1st highlighting such abuses the people in power returns with a 2 part investigation to continuing mistreatment and neglect europes recurring shane hart one on aljazeera. Move to her in a way to only. Georgiades there are a reminder of our top stories this hour the krona virus pandemic has badly hit Global Stock Markets in asia japans nikkei is down 10 percent of hong kong opened more than 7 percent down. The rapid spread of the virus has caused cancellations and disbandment of sporting events around the world and includes all major sports in north america the league and spain envious trading from. The brazilian president s press secretary has tested positive for corona virus just days after meeting donald trump in florida hes pictured standing next to the u. S. President as mile like a resort on saturday trump says he is not concerned he wont be tested. Scenario has been tested for the virus the brazilian the to says he expects the results in the coming hours hes also called on his supporters to cancel upcoming rallies. The government is very eager to make sure that control is exerted continuously and that we forsee that although cases will increase panic should not ensue mark. Philippines president for the go to target has announced the capital manila will go into lockdown for a month to stop corona virus from spreading from sunday the citys 13000000. 00 residents will be prohibited from leaving large gatherings or also that 2 people have died from the virus in the philippines which has more than 50 confirmed cases. Jamila and bergen joins us now live from the capital manila so the entire city is a knock down what more can you tell us. Well kim that exactly remains to be fully understood much of the presentation of president really good at their day and his cabinet late thursday night was focused on metro manila in manila and the greater metropolis they talked about Community Quarantine whereas if a certain city in metro manila has 2 or more cases than they the city should itself. Be under Community Quarantine but it remains to be seen how that is possible and what is the difference between a Community Quarantine and a Lockdown School scam of all are also been postponed and cancel up until april middle of april next month operations of the government remain to be skeletal those in the private sector are also expected to many my eyes their interactions basically the focus of the government at this point is social distancing isolation and quarantine but several cabinet officials admit that they still have to finalize the implementing rules and regulations as you know 13000000 people in the metropolis are actually 1000000 people are actually living in the metropolis not to mention those who travel to the metropolis on a daily basis to work here there are concerns about food supply chance for taishan about that commute public transport people here but in the coming days up until sunday or expecting a more clear view and guidelines as to how the government is exactly going to implement this unprecedented times thank you for that stimulus on and on the line from manila disneyland closing down in the u. S. And europe after this weekend parks in florida california and paris will stay shut until at least the end of march as well its cruise on disneys already shut down its asian parks for 2 months estimated losses of 175000000 dollars. With the markets in turmoil investors are wondering how long this on payroll could continue i read johnson is the founder of denounce the Wealth Management based in washington d. C. He says its difficult to predict when markets will bounce back if you look back over the course of the last 10 years and some of the things that have been fueling our market this does this is just the example of what happens when you have too much excess weve had you know 4 have trillion dollars of quantitative easing weve had 4 have trillion dollars of Company Buying back shares of their own stock which manipulates the earnings numbers you know earnings is then income is preferred dividends divided by shares outstanding so when you have 26. 00 trillion dollars in u. S. And p. 500. 00 you can see how much that demand for stocks and what it might do to earnings numbers if you were deuce the shares outstanding could do the market so i think you have to let this thing play out i just dont know when thats going to be because now we have an event risk and thats something that our Risk Management tools cant account for youve got 17 percent of the Global Economy that shut down 80 percent of the commercial activity and now thats happening in the United States which 70 percent of our economy is Consumer Spending and so its happening when the economy was already decelerating when the rate of change basis thats what youre seeing with our g. D. P. Numbers thats what youre seeing with our earnings numbers and inflation before the virus hits and so you know once you add that into the equation you get the sort of disruptions that youve seen over the last few days israeli Prime Minister Benjamin Netanyahu has called for the formation of an emergency government to confront the Coronavirus Crisis that now he made the offer on a nationally televised address saying a new temporary regime with his chief rival benny gantz would save the lives of citizens he also ordered more schools in the country to be closed. Qatar is closing all cinemas gyms and museums thats on top of the suspension of schools and the banning of travelers from 14 countries the number of cases in the gulf states is now at 262 after a spike on wednesday. And other news the u. S. Has launched retaliatory air strikes in iraq and response to a rocket attack that left 3 people did on wednesday. U. S. Defense secretary much as he was given the green light to do so by president dont trump 2 americans and a british soldier were killed and almost 20 rockets were fired at a military base northwest of baghdad ahead of the u. S. Central command suggested the attack was carried out by an iran backed group. So most of all team is in baghdad shes reporting several different locations across the country have been hit by the strikes. We understand it several positions were hit across iraq at around 1 am local time including areas in south of baghdad which is considered a stronghold of the iranian backed Popular Mobilisation forces we often understand the positions were held in the Southern City of karbala airport as well as in on now what appears to have happened is that the u. S. Targeted primarily weapons they pose drones in the facilities of the Popular Mobilization forces including groups from hezbollah which is one of the groups that is very close to iran in which the u. S. Accused of conducting the strikes against the base entire g. Which resulted in the killing of 2 u. S. Personnel as well as a u. K. Soldier stationed there we also understand that another group of pipes edition was targeted as well as another group. These are groups that are generally referred to as the Islamic Resistance theyre part of the Popular Mobilization forces which is officially integrated into the state but which is very close to iran now we understand that the intention was not so target specific people or commanders but rather the weapons facilities despite that we are hearing reports from one of the pm have groups that 7 people were injured injured or fossil how were also getting reports that one civilian may have been killed. As a result of these strikes. A u. S. Federal judge has ordered the Immediate Release of wiki leaks whistleblower Chelsea Manning from prison the ruling comes a day after lawyers for the former military Intelligence Analyst said shed been hospitalized from attempting suicide and served 7 years in a military prison for giving secret u. S. Documents to wiki leaks she was jailed again last year for refusing to testify before a grand jury investigating the website manning has been ordered to pay 265 1000. 00 in fines. Well morals will go ahead this weekend in new zealand for those killed in shootings at 2 mosques in the city of christchurch Prime Minister just into us and says Health Officials have assessed that despite the large crowds expected the risk of coronavirus transmissions is low 51. 00 muslim worshippers were killed in the attacks on march 15th last year and the strelley a man is due to go on trial in june charged with terrorism murder and attempted murder charges speaking at head of the commemorations and said efforts to reform new zealands gun laws and change the way social media platforms deal with attacks have been successful in those events we social media platforms have been used to broadcast to texts to secure lation of those videos have been. Diminished my recollection is of a recent take in europe the numbers were in the thousands as opposed to what we experienced here in new zealand. Based 40 people have been killed in fighting between armed groups in the Central African republic of the past 2 days its been happening in most of the data are civilians buildings housing people displaced by the fighting have been set on fire rival militias won control of resources in the diamond rich region i meant interest is monitoring developments. The fighting is the latest in a cycle of violence that been rocking Central African republic since last late last year early this year the recent major fighting was of course in february when several people were killed but the latest round of violence the one were talking about now happened 2 days ago and at least 40 people have been reported dead and most of them civilians fighting broke out between 2 major rebel groups or groups in the Central African republic in the area often deadly these are the p r c and the m l a c j but also there are ethnic clashes in that region which contributed to the latest or the rise in casualty figures in that area now in a statement that the government issued it condemned the killings saying that the rebel groups we are signatories to a peace accord and reconciliation efforts should stop using civilians as human shields and also stop disrupting operations in that region so latest report from the Central African republic indicate that theyve been fighting has been going on pockets of violence of continued till this day and that reinforcement security reinforcement has been sent to those areas to calm the situation down its not clear whether they are able to stop the 2 sides fighting each other or stop the ethnic militias attacking each other and bring peace to that region. A court of malawi has granted bail to 3 activists accused of planning antigovernment protests by months of demonstrations against president peter with erickas reelection last year protests as want him to sign off on legislation to allow new elections crack up to reports. The scenes are guaranteed to pile more pressure on the levees president. Of the countrys leading human rights activists are released from jail granted bail after they were arrested for trying to organize protests outside homes of top government officials including the president. Theyve been leading antigovernment demonstrations since mays disputed president ial election why of all. Enemy and propre should be prepared. Malawis coming in the new beginnings coming and its now. Pressing muhtar rica barely won last years election but claims of whitesburg regularities have led to nationwide protests last month a Constitutional Court order to rerun within 150. 00 days parliament wants a vote in may but which reka has yet to sign the bills into law to make it happen and thats a good activists and opposition politicians he needs to comply with what the courts say is he is a maori and citizen just like the rest of us nobody is about the law due to rico has begun his own legal challenge against a ruling that overturned his reelection hes want against any demonstrations challenging his authority plunging malawi into one of its biggest constitutional crises since it gained independence from britain in 1964 Priyanka Gupta dizzier. And finally Actor Tom Hanks has posted a photo thanking people for their support after he was diagnosed with corona virus 63 year old and his wife actress rita wilson announced they had the virus on thursday in australia where hanks is working on a film he says the pair are in isolation. Youre watching aljazeera and these the top stories the coronavirus pandemic has badly hit the Global Stock Markets in asia japans nikkei is down 10 percent while hong kong opened more than 7 percent down brazilian president s press secretary has tested positive for corona virus just days after meeting donald trump in florida hes pictured standing next to the u. S. President as mar a lago resort on saturday trump says he is not concerned and he wont be tested. Meanwhile a top u. S. Health official says the government is failing to account for what could be thousands of Coronavirus Infections because the testing system is not working and that if our team made the comments to members of congress the system does not is not really geared to what we need right now what you are asking for that is a failing and. It is a failing there lets admit it the fact is the way the system was set up is that the Public Health component that dr that dr redfield was talking about was a system where you put it out there in the public and the physician asks for it and you get it the i hear of anybody getting it easily the way people who know the country are doing it were not sort of for that do i think we should be yes but were not the rapid spread of the virus has caused cancellations and the perspire inventive sporting events around the world that includes all major sports in north america the league and spain and to the australian grand prix. The wife of canadian Prime Minister Justin Trudeau has tested positive for corona virus Sophie Trudeau had been experiencing flu like symptoms following a visit to the u. K. Prime minister says he doesnt have any signs of infection but will stay in isolation for 14 days. 7 the u. S. Is retaliatory strike south of iraqs capital in response to a rocket attack that left 3 people dead this week several iranian backed groups were targeted 2 americans and a british soldier were killed on wednesday after a barrage of rockets were fired at a military base north of baghdad well those are the headlines the news continues here on al jazeera off to people and power europes recurring shame to stay with us. When a Prime Minister takes a lump of coal into his own home and back home means a lot of the countrys fortunes we bring you the stories and developments that are rapidly changing the world we live in. Was a slogan that one of the problems is the boards job counting the cost on aljazeera. The 2014 people of pattern revealed the shameful treatment of to save the people in or maybe a state trying to have some of them funded by the year even if shes promised to pull the pieces but now 5 years on weve had fresh allegations about the neglect of history of disabled people across Eastern Europe in the 1st of 2 special reports sarah spent this between fest
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