Package amid disagreement on how to spend nearly 2 trillion. President trump says coronavirus measures shouldnt be worse than the problem itself. Europe tightens its grip. Leaders scramble to enforce unprecedented restrictions as 2000 more people die in italy and spain over the weekend. Angela merkel says she is self isolating after contact with a doctor who tested positive for the coronavirus. An hour awaynder from the start of cash trading across europe and it looks like it will be another risk off day as futures fall. Euro stoxx 50 futures as well as ftse and dax futures, down 4 . Futuresftse mib gaining, but i believe that is actually fridays trade, so that is not current live futures contracts. All life futures contracts are down, deep, deep in the red. If you look at u. S. Futures, we also see drops of about 3 across the major equity indexes, so s p, dow jones, and nasdaq futures all down. Its get into the markets with laura cooper, bloombergs mliv macro strategist. Laura, we hav
India 414 does seem really low for a country with a population of 1300000000 people india has also performed the lowest number of tests among affected countries Something Like 3 per 1000000 that was a was about 90 a day and there are increasing concerns of the very low level of testing could be hiding the real number of cases and so indians a bracing themselves as the government has now expanded testing criteria and doubled the number of Testing Centers brought in the private sector private hospitals so there was Something Like 52 Testing Center the government Testing Centers and not all of them were operational its double that people are really bracing themselves to see what the real number of cases are and there has been an exponential rise just on saturday and sunday both days saw saw the biggest jump so again you know unprecedented times here like like many other places in the world but for now most indians do understand the need for the for the lock down for the number of dead has
Within 2 weeks one of the forecasters said to me we were looking at a Freight Train coming across the country were now looking at a bullet train because the numbers are going up that quickly the u. S. President though is more optimistic saying he hopes to have the virus under control by east. Ultimately the goal is to ease the guidelines and open things up to very large sections of our country as we near the end of our historic battle with the invisible enemy to go on for a while but will when and when. I said earlier today that i hope we can do this by easter. I think that would be a great thing for our country and were all working very hard to make it a reality but top u. S. Health official anthony felt she has downplayed the president s timeline. Thats really very flexible we just had a conversation with the president in the oval office talking about you know you can look at a day but youve got to be very flexible and on the on it literally day by day reply week basis you need to ev
A huge Unprecedented Program of support both for workers and for business and i can assure you that we will keep these restrictions on the constant review we will look again in 3 weeks and relax them if the evidence shows we are able to but present the rig just no easy options the way ahead is hard and it is still true that many lives will sadly be lost. Well the death toll in europe continues to grow the number in italy is now past 6000 double that of china where the virus began one in spain more than 2200 have died the u. S. President says he is working with both the republicans and the democrats to ensure a trillion dollar stimulus bill is approved politicians on monday failed to pass the legislation for a 2nd time theyre under increasing pressure to prevent an economic collapse amid an increasing number of cases the head of the u. N. Is calling for a global ceasefire to allow the world to focus on the fight against the pandemic is a diplomatic editor james. Lowe welcome to this the
World but still fewer than the nearly 800 italian dead announced on saturday should the Prime Minister koizumi is calling it the countrys toughest crisis since world war 2 all nonessential businesses are being shut for the time being russia is dispatching called a planes of military medical aid to italy germany is banning gatherings in public of more than 2 people and chancellor Angela Merkel is in quarantine off the contact with an infected doctor. Spain the state of emergency is being extended till april 11th after the governments announced nearly 400 new coronavirus deaths and the pandemic appears to be taking a particularly high toll on health workers. As you can often appear but another figure that is what our ng ows and the one that is affecting the most people involved in the Crisis Response is the number of Health Care Professionals affected. These are 3475 and it represents 10 percent of all cases that greece with more than 600 firm cases is to impose a curfew on monday in the