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On wall street as investors think about the pandemics of devastating economic impact. And the pandemic is putting millions out of work the shops and restaurants close around the world. The as. Countries across the world are ramping up their response to the coronavirus epic pandemic the french president in one year michael has declared war on the outbreak and is closing frances borders from 11 g. M. T. On tuesday the e. U. Bloc as a whole is considering banning all but essential foreign travel to the schengen zone the British Government which has been under pressure to toughen its approach is n...

Spread of covid19. He warns against large gatherings and urges Older Americans to stay home. This as his administration faces acting criticism for its handling of the outbreak. Airlines are facing bankruptcies as bookings plummet. Many unless governments intervenene now. Takes more steps to slow theeAngela Merkel annoue closure of the countrys borders to five of its neighbors and all nonessential shops are to stay closed. Officials are advising germans to just stay home. I am brent goff, welcome. We begin with emmanuel macron. He has announced lockdown measures, telling all residents of fants ...

Believe that he can strong arm trying to into these commitments as he has preemptively promised farmers a 3rd ag bailout package and as Global Markets sink friday on fears of corona outbreak spreading lets take a look at the Positive Side of this with more than 76000 confirmed cases worldwide only 2247 deaths have been reported as of friday the overall death rate from c. D. C. Study is about 2. 3 percent which is much higher than the death rate of the flu which is around point one percent in the u. S. But it is much less deadly than sawyers which had a mortality rate of 9. 6 percent china repo...

In the last 24 hours, combining virus dynamics with oil dynamics. That is a distinction of this crisis. Francine and i am looking two to european lets get to first word news in new york city with viviana hurtado. Viviana we begin with a uturn from President Trump on the need for an economic stimulus he now says he will seek a payroll tax cut and belief are Industries Hit i the new coronavirus. Today the president is promising to unveil what he calls very dramatic action to support the economy. Bloomberg has learned for now the package will not include help for airlines and others in the travel...

Economy of china well they feel it does have were already agreed upon the both china and the u. S. Simultaneously rollback you know the parents over the course of this year under phase one china is however doing this a lot sooner than expected in part is because they are trying to reduce the cost to employers and make export of goods a lot cheaper in the domestic economy and this is really important as the government is trying to continuously stimulate production in the economy right now and were also seeing in this is you know theyre rolling these back to kind of help the economy to help thes...