Before we make a decision we could either ask the Member States perhaps to transfer money faster. And still keep the repayment situation as it is we have to ensure that in an emergency situation the things that weve always wanted because we like to have them become par for the course we have to respond to desperate times with Desperate Measures we will do what is necessary we have said this all along. But we also wont be doing things that will become business as usual because weve always wanted in this way but there wont be any problem to ensure that the Investment Program be realized as put forward by the European Commission and germany will do its bit. So weve talked about an emergency welcome back youve been watching a press conference there with the german chancellor Angela Merkel also the Health Minister yen spawn and also we were listening to a lot he is the head of the robert cock institute of germanys federal agency Disease Prevention Public Health agency we heard chancellor me
Merkel is about to make her 1st comments to the media about the corona Virus Outbreak that move comes as germany prepares for a spike in the number of infections so far around 1500 cases have been confirmed across the country most are concentrated in the Western State of north rhinewestphalia 2 people have died now efforts to slow the disease in germany vary from region to region our reporter has been out on the streets here in berlin to gauge the mood. The time of the rice tog normally teeming with visitors now its deserted the coronavirus has arrived in germanys capital nevertheless life carries on. Even in this private school in the east of the city despite one of the employees testing positive for the virus classes here continue the health of a student want to order the closure of the school the head teacher feels left in the lurch. As it would see until he lit a cigarette up to us to say we recommend this or that but not to take the responsibility thats left to us is that we have
A new exhibition at londons tate modern explores it unusual genius of andy warhol and how his biography shaped his art. Im sumi so much going to thank you for joining us german chancellor Angela Merkel is warning that up to 70 percent off the german population is likely to contract the coronavirus as germany reported its 3rd deaths from the disease merkel said the country must do everything it could to slow the viruses spread and prevent the Health Care System from being overwhelmed she called on people to show solidarity with the elderly and those with underlying illness as for most likely to die if they become infected akhil said after its were also being made at the European Union level to contain the disease and stop the economic fallout. Is being. Where of this fact and aware of the fact that there. Are vulnerable groups of the population people with existing illnesses older people who can have a more serious case of this virus if they can she means that our approach has to be def
Be time to tighten soon. More like two and through. Scandal forces steve wynn from the helm of his empire. And, a tsunami of earnings reports. I am pretty confident with the capacity to deliver in our business. We will stay disciplined within the capital framework. We are interested in being the most profitable. It is all ahead on bloomberg best. Ramy hello and welcome. I am Ramy Inocencio. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Investors enter the week on edge after the dow dropped 2 , then on monday the plunge continued. The Dow Jones Industrial average losing 1175 points, a 4. 6 decline, now off 1. 5 for the year. Last week we had the selloff occur in the context of a monotonous rise in treasury yields, whereas today yields have come off a little bit. That suggests for the first time it was about Risk Management and position reduction. Perhaps by the cta trend followers. Thi
South koreas Prime Minister says the deadly mers outbreak is coming to an end and has urged people to go back to their normal lives. And entertainment firms from around the world are looking to take their roller coasters and Service Experiences to china. Prime minister shinzo abe has stressed the need to change the nations security policy. He says the proposed legislation would demonstrate the strength of the japan u. S. Alliance as china increases its maritime presence. The set of bills would expand the role of the selfdefense forces and allow the country to exercise its rights of collective self defense. Abe says leaders in beijing have been carrying out largescale reclamation work in the south china sea. He says theyre not abiding by the 2008 agreement with japan to jointly develop gas fields in parts of the east china sea. He also says Chinese Government vessels have repeatedly entered japans territorial waters around the senkaku islands. Japan controls the islands. China and taiwa