kind of for that matter. coronavirus fears strike the financial markets stocks climate worldwide an oil prices fall around 30 percent. european leaders announce measures he talks on coronavirus italy reports a big rise in the death toll. hello sir robert you're watching al-jazeera live my headquarters here in doha also coming up cigars prime minister survived a bomb blast arrests are made following the suspected assassination attempt also. the. explosion at the swearing in for the afghan president garvey his rival

abdullah abdullah has held a separate severability to inaugurate himself. welcome to the program the spread and fear of coronaviruses starting to have a major global economic impact on top of the growing human cost u.s. stocks plummeted in the opening minutes in new york even forcing a temporary halt in trading president trump is due to meet with his advisors in the coming hours now the stock market plunge was also influenced by oil prices dropping around 30 percent on monday the biggest fall in almost 3 decades and that's a bit of a price war between saudi arabia and russia moscow refused to join the plan by major oil producing nations aimed at cutting up ports and maintaining prices stock markets across asia have continued to fall continuing the sell off that we have nearly 2 weeks. ago billions of dollars have been wiped off the european markets

just hours after opening with the u.k.'s footsie $100.00 index losing almost 9 percent of its value while questions luby's been following events for us in new york it's been a really bumpy monday morning for investors. absolutely extreme volatility and the market place we're seeing the major indices down now 17 percent from the high points earlier this year for today both the dow jones industrial average and the s. and p. $500.00 are at the moment down more than 6 percent after these 2 weeks of very tumultuous activity and 2 things factoring into what's happening in the markets today it one the signs that the coronavirus continues to spread and is becoming going from a health crisis to an economic crisis we're seeing more people stay home more trips

get canceled travel being reduced people spending less money and investors are starting to weigh the impact of that on stocks across the board at the same time we have this oil price war going on scuse me over the weekend all of this. this lessening of industrial activity also impacting the supply of oil which is high and attempts to reduce production over the weekend failed amid declining demand so we have no agreement to reduce production the saudis reducing costs drastically of oil and this is sending the energy stocks down as well and you might think that low energy prices would be good for consumers but this is seen as a harbinger more trouble to come for global markets says oil prices go down we're seeing investors put money into government bonds at

a record rate the yields on those are now at record lows as people look for someplace safe to put their money unsure of what the overall fallout from all of this is going to be at the same time we've got the united states central bank doing things to try to ease concerns the federal reserve and. saying before the opening bell today that it would put more money into repurchase agreements this is a way of putting money into the markets to keep the cash flowing last week they had a rate cut there's talk about more possible action on the part of the fed but right now we're seeing investors very very jittery as there are more signs that this virus could move from just wall street to main street and its impacts and have an effect on the entire economy writ large well for that day chris does leave the thoughts joining us from new york let's cross over toward the correspondent kimberly is at the white house and kimberly just

a few days ago we had the president trying to allay the american public see is that the crisis as far as the coronavirus virus was concerned was under control and nothing to panic about but now it's hitting the economic market said i'm sure the president will have something to say about it. you're watching very carefully the president remains at a fundraiser down in the state of florida he is expected back at the white house in the coming hours but he has not changed his tune with regard to trying to downplay the threat of corona virus to ordinary americans even as there is this continuing nervousness in the financial markets in fact the latest tweet from the u.s. president you want to follow along with me last year 37000 americans died from the common flu it averages between 27070000 cases per year nothing is shut down the life in the economy go on at this moment there are $546.00 confirmed cases of chronic virus with 22 deaths think about that it's all about the numbers for this

president fact there has been some criticism that's one of the reasons why the president was very concerned about offloading some passengers have a cruise ship off of california who had been infected because it would have raised those numbers of cases in the united states the president and the criticism of this president in terms of his handling of the current virus cases and situation is that he continues to look at this through a political lens versus the public health lens and this is often come sort of direct contrast to public health officials working with this administration because even if the president is trying to compare the coronavirus to the ordinary flu situation we know is not comparable given the fact that the coronavirus has not only a higher infection rate but also higher mortality rate look at some of those numbers the president continues to take this is a reflection on himself and this contrast coming as the c.d.c. the centers for disease control now issuing

a warning to the public here in the united states particularly those with fragile health immune systems as well as the elderly that they should begin to prepare not only stocking up on groceries but also medications that they take regular medications or the medications to treat this should they contract coronavirus given the fact that there is this deep concern for public health in the united states as this administration tries to continue to slow the spread before they can we how can things join us from the white house. triggered the turmoil in global stock markets oil prices have fallen by as much as 30 percent the steepest drop in almost 30 years a crisis described as heaven no equal in oil markets history the market turmoil began when saudi arabia the world's largest oil exporter started a price war by announcing plans to boost production that followed friday's meeting

in vienna by the organization of the petroleum exporting countries pick russia refused to join the cartels plan to reduce production at countering the decline in demand from china usually the world's biggest energy consumer but damaged by the coronavirus crisis. the saudis are angry because other countries like russia are unwilling to participate in oil production cuts so this we will show you the bosses we can produce at much lower cost. but the oil price lump could have widespread consequences beyond hissing already just to remarket the international monetary fund suggest saudi arabia needs prices to be at about $80.00 a barrel to balance its budget the price fall will also hurt major oil producing nations venezuela and iran already under pressure from u.s. sanctions a prolonged price collapse could mean they struggle to fund things like education

and health care especially during the global corona virus outbreak. spread of white as is control or. recovery in the capital markets because. it has caused huge damage to the global economic america's shale oil industry could also be in trouble it needs prices to be relatively high to make a profit many companies are heavily in debt and may not be able to make repayments leading to job katz this seems to be the kind of move that russian leaders might have actually decided was in their interests. not good for russia's economy but if it causes even more paying to the u.s. economy it might be something that they'd be interested in the consumers though it could mean less pain at the pump with the price of petrol expected to fall. al-jazeera. european leaders are preparing to hold an emergency teleconference as

the global coronavirus epicenter moves towards the continent governments are struggling to stop the spread with more than $10000.00 affections so far confirmed italy france and germany are the hardest hit the international monetary fund has urged governments to make substantial efforts to deal with the growing economic fallout charlie angela is following events for us from our london news center and it really is italy at the moment in the epicenter of the problem in terms of krona virus and how it's affecting the public at large. absolutely but before i go into detail italy situation i just want to bring you the headlines from the world health organization press conference which is just wrapped up there the director general was saying that the world is not at the mercy of this virus the threat of a pandemic is real that it could still be controlled and he reminded people that most people who contract the virus will recover as they have as they have in china 70 percent recovered he also said that closing schools and canceling the mass

gatherings are proving that there are some signs that these emergency measures do work and that would be very welcome news for the 16000000 people in northern italy currently under lockdown knowing that the pain that they're going through now will have some effect and this is a country that seen a huge jump in deaths related to covert 19 in the last 24 hours another $133.00 people have died and this looked as across the entire northern region that incorporates melanne but also venice and will really hit the economy hard an economy that was already teetering on the brink of recession before this outbreak also seeing huge strain put on the health care system with the head of the crisis unit in the long body region saying it's on the brink of collapse there and that intensive care units are having to be set up in the corridors of some hospitals in the operating theatres in the emergency rooms and that could be putting some patients at risk we're also seeing

a slightly worrying situation emerge in the prisons in italy and some of the prisons there have been riots the inmates were told that face to face visits from family friends and loved ones would be banned and that is to obviously prevent the spread of the virus because a lot of it is prisons are very overcrowded the perfect conditions for the virus to spread so italy is really a country where we're beginning to see the cracks showing the economy the prison system and and health care for the addicts from europe thanks charlie charlie angelo there in london. no iran has reported another $43.00 deaths from the corona virus raising the total to $237.00 more than $7000.00 infections are confirmed many allies of start flying to iran as it struggles with one of the world's worst breaks . the spread of covert 90 viruses officially known as is being tracked by john hopkins university in the u.s. it's using figures from a number of sources including the w.h.o. and the centers for disease control in the u.s.

and europe the number of cases has now topped more than 111000 around the world the largest jumps in the last 24 hours of come from iran italy and south korea and on the other side the number of deaths is quickly approaching 4000 and more than 62000 people have recovered that's more than half of the people who've contract the virus well earlier i spoke to lawrence coastin who's the chair of the global health law at georgetown university he says some countries are struggling to balance adequate quarantine with public freedom. europe and united states are not china they can't use the forms of social control intrusive surveillance police presence to prevent movement in tracking people and the way that china can you know in democracies we have to balance human rights and civil liberties against public health if that's the case it's really

a democratic state in the european union has locked down the laws for portion of its northern part of the country i mean. how do you view that i know i've just been writing about it and it is a curiosity i wouldn't have expected a western democracy to put that kind of quarantine in place i mean we're seeing a whole new world. china. quarantined up to 70000000 people it was the biggest quarantine in the history of the world and what the world health organization did is it praised china for doing that and then it said people should use the china model. now it may be that china's model did slow the infection i have i believe w.h.o. when it says that but there are human rights considerations that we need to balance

and italy is you know italy is unusual in the united states and i'm being asked all the time could you know could our country sit quarantine new york central cisco or chicago and i would find that really inconceivable but you're right a democratic democracy like italy certainly did do that. well still ahead on al-jazeera a mass murder trial begins over the shooting down of a malaysian airliner but will justice finally be served and mexico finds out what it's like to have a day without women we have the latest on a nationwide strike do stay with us here on al-jazeera. how the rain that was pretty heavy for a time in iran is now gone east the system is now in afghanistan and in pakistan

producing rain and snow of course up in the higher ground up in kashmir tails off the time it gets to southern pakistan the next system developing is one that's with fact western turkey was rain and when this broke temps down in ankara to about 60 there's a forecast for tuesday of course i'll tend to fade away the sun's out on wednesday it's looking quite a nice day the rain if anything probably pappe up in pakistan afghanistan and iran kashmir in particular well for the snow again but between the 2 it's quite dusty weather lightish breeze temps in the high twenty's the low thirty's try to rock down towards the society's hasa still on the western side around the red sea the wind isn't much of a feature here but it is further west there has been north africa for a few weeks now but this time we're back to the western med so it's that northerly bringing clouds and cheri rain probably thunderstorms to our gerri tunisia and libya it will do that through tuesday and then push the showers further into the desert of libya during wednesday keeping the temperatures about the same now that

wind has been a feature throughout the last few months is weakening now but temperatures are on the high side 4141. full of struggles full of pleasure and at the moment i mean on there by their health out at the same female you mean things you may go and make a blank me funny and it was all me how many times an intimate look at life in cuba if you are over in the underworld again as a present movie again and the so fast i would have the money in my cuba. on al-jazeera.

welcome back you're watching al-jazeera. our top stories u.s. stocks of close in the opening minutes of trading in new york as concern over the spread of coronavirus starts to have a major global economic impact asian and european markets also saw major sell offs oil markets have plunged amid a price war and the impact of coronavirus brant crude was down by around 30 percent european union leaders also told emergency talks 5 video conference to coordinate their response to the outbreak the number of new cases in the e.u. continues to grow rapidly italy has the highest number of infections with nearly 7400. dollars prime minister has survived what the government is calling an assassination attempt abdullah one doc is following the attack won't hinder the political changes being made since the ousting of omar al bashir last year so

a fire at her small. the monday morning attack took place in the sudanese capital of heart to him prime minister abdullah hamza was in a convoy of cars when gunfire and an explosion went off near his vehicle he survived the attempt on his life but the police might bike rider was injured within a couple of hours ham ducked tweeted a photo to prove in his words that he's in good shape the government says it was a targeted attack and investigations are under way and if you carried it out it's not a limb and we know that there are people who are trying to target the revolution of the sudanese people and to attack the gains of the revolutionaries but we stress that revolution is going on at the revolution will continue its path with you that . no one has claimed responsibility the attack highlights the fragility of sudan's transition to civilian rule almost a year after protesters forced the military to remove president on one of bashir

and replace him with a joint military civilian government. but the generals remain the effective rulers of sudan and of showing a reluctance to hand over power to civilians. prime minister hun dock has vowed that the attack won't get in the way of sudan's transition sort of a jersey. people morgan has more from the site of the explosion. this area right here is where the explosion targeting the convoy of sudan's prime minister abdullah have doc happened now you can see the tape that was blocking the access to the area it has since been removed but you can see the impact of the blast on the windows of that building which has been completely shattered by the blast we heard from sudan's government spokesperson saying that this was a car bomb that was targeting the prime minister in an effort to derail the transitional government we also heard that the prime minister is safe and in a safe location and that he's doing well and that nobody has been injured besides a traffic officer which was part of his motorcade now they've also said that there

were gunshots that followed the explosion so people are now asking how a security breach happened why was this allowed to happen on the convoy of the prime minister it of course comes at a time where sudan is facing an economic crisis people have been lining up for bread and fuel for the past few weeks and the country's currency has been dropping against the dollar but people are out here on the streets to voice their support for the prime minister there saying that this has been the work of the former ruling party which has repeatedly put out statements saying that it will derail the government which it views as illegitimate and they say that unless justice and accountability and investigation is conducted then they will not back off and they want to know why the prime minister was targeted at this time specifically so a lot of people out on the streets the sudanese professional association which has been spearheading calls for protests have also put out calls for more protests to supports the prime minister so we're seeing that this has caused a lot of tensions that despite seeing people out here they're saying that the prime

minister needs to be provided with more security and that they will be out here to guard not only the prime minister but the revolution that brought him to power. at least 43 people are being killed in turks in northern kenya 1st so the government says 2 villages were targeted near the regional capital and this is the latest attack in africa's whole region where violence has worsened over the past year armed groups linked to al qaeda eisel of targeted security forces and civilians explosions from a suspected rocket attack curve interrupted the inauguration ceremony of afghanistan's president of carney. the blast adult appeared to take place near the ceremony but gandhi's political rival abdullah abdullah held a power level swearing in both men are laying claim to the presidency after a disputed election in september to me this in kabul she says the feud could affect peace talks with the taliban. this was certainly i think full of controversy and

violence because 1st of all there was a lot of delay in this inauguration people had been told to arrive quite early in the morning all the guests and the media and then when we arrived there we were told no it was delayed by 6 hours and then it was delayed by another additional hour during that time you had the u.s. envoy zalmay khalilzad try shuttling basically between these 2 political rivals president me and. trying to find a compromise where he couldn't find a compromise and actually both of them went ahead with their own presidential inauguration during his speech during the inauguration. actually. said that by tomorrow he will issue a decree for do release of the taliban prisoners that's one of the that's one of the articles of the agreement between the u.s.

and the taliban but he said that that would take several months actually to release up to $5000.00 prisoners he also said that they will be a. delegation that will go to the interim afghan talks which are considered crucial here to bring any kind of peace and stability will be ready in the coming days but then you have the problem of. do know where he during his inauguration was saying that russia had he was illegitimate that the election that happened in september was marred in fraud and he actually called for a 2nd round of presidential elections turkey's president has joined brussels to meet e.u. leaders most of the earth wanted to discuss the migration crisis on the border between turkey and greece as well as military operations in syria the e.u. has criticized the one for opening turkey's borders to allow tens of thousands of refugees to attempt a crossing into the block. a must murder trial has begun in the netherlands without

4 men accused of helping to shoot down a malaysian airliner 298 people were on the flight from amsterdam to kuala lumpur 6 years ago it was hit by a missile fired from territory in ukraine controlled by pro russian separatists 3 russians and ukrainians are being tried in a nice park on small. the dutch judges entered the special court they are absolute schiphol airport in solemn silence at the start of a trial of mass murder fail and have a longer day now days and are many have waited a long time for this day the day that the mh 17 criminal trial really begins as a consequence of this atrocious disaster 298 people men women and children died a case of this complexity a magnitude is unprecedented in the netherlands among the dead 80 children entire families gone and now all 4 men stand accused of their deaths 3 russians and

a ukrainian they were named by investigators is ego get in a former colonel in russia's f.s.b. intelligence service he was given the title of minister of defense in separatist held eastern ukraine 2 suspected members of russia's military intelligence to g.r.u. also on trial so gay dubinsky and pull out of. the 4th suspect is ukrainian national leonid carr schenker believed to be a pro russian separatists commander all 4 men were absent from court believed to be in russia arrest warrants have been issued for russia doesn't extradite its citizens and the kremlin's question the legitimacy of the court the trial will continue without them i do hope the judge had so many evidence on this table that the one. guilty as rote of. looking fairly forward to start of

this process because it is so important to find the truth of the joint investigation team formed by australia belgium malaysia the netherlands and ukraine found that the plane was shot down by russian book surface to air missile system brought into ukraine from russia this is the crime scene reconstructed from remaining wreckage the kremlin denies involvement. it was meant to have been a routine flight from amsterdam to kuala lumpur. instead the passengers of the boeing triple 7 became victims of a foreign war. if found guilty the 4 suspects could face life in prison little is known about who will testify before the court the identities of some witnesses may remain secret in a trial that's expected to take several years to reach a verdict leave barca al jazeera if he appears government is blaming design flaws for the boeing 737 next crash there a year ago

a faulty sensor reading is blamed along with the erroneous activation of an anti stall system it's implicated in both the ethiopian airlines crash and a similar 737 max crash in indonesia $346.00 passengers and crew died in both disasters boeing suffering major losses as it waits for industry regulators to approve new software and give takeoff clearance again. a national strike is underway in mexico called a day without women following must march is on sunday for international women's day female workers are staying at home they say they're showing what makes a co is like without them john holmes is in mexico city today the aim of this is not just a strike from the working place but also the women don't go out in the street at top so we're in a house where a group of women are just going to be supine you know and talking about this issue and sort of symbolically disappearing and a much we here with modeling gomez who's a child psychologist money thanks

a lot for joining us today i think what is the significance of this be a symbol head is that they without women what are you trying to do today we're trying to create consciousness that women are dying and disappearing in this country not only women of a certain age just women all the way from $7.00 to $80.00 something and they're dying and and they're being pulled into sex trafficking and they're being battered to houses and it's just terrible violence towards women just because they are well we've spoken about a culture of much she's more chauvinism is this going to be enough these actions even though they're historical the march and then destroyed to change that is just the 1st big big step is the massive not we're not here anymore it's a wake up of consciousness but it's not the only step there has to be taken it has been we need more laws we need more the protection of the fiscally we need things that are devoted to say protect women from sexually related gender related crimes those modeling gomez speaking to us women all over the country going to be

staying indoors not all of them of course not everyone's in favor of destroyed but a lot of women and in the full workforce in mexico there's actually 21000000 women that's 40 percent of the workforce this could have a sizeable impact. and the swedish actor max von sydow has died at the age of 90 he starred in nearly 200 films and t.v. productions but was perp's best known for his role as a priest in the 1973 horror classic the exorcist in later life he won a new generation of fans with his work on the series game of thrones. watching i was there with me so robyn a reminder of our top news stories u.s. stocks have plunged in the opening minutes of trading in new york as concern over the spread of coronavirus starts to have

a major global economic impact monday's market shock followed a 30 percent drop in the price of oil amid weakening demand from the impact of coronavirus and the price war saudi arabia has signaled it might increase output after a meeting of the oil producing bloc opec ministers salumi has more new york. the meeting over the weekend to try to address the concern about falling oil prices prices did not yield the results people were looking for the market is now flooded with oil at a time when we're seeing businesses contract due to fear of the coronavirus travel being cut schools mean closed and the markets are frankly in a bit of turmoil trying to adjust to reflecting the worry that people have over what this is going to do to the global economy and global profits for businesses european union leaders also told emergency talks via video conference to coordinate their response to the outbreak the number of new cases in the e.u.

continues to grow rapidly italy has the highest number of infections with nearly 7400. sudan's prime minister who survived what the government is calling an assassination attempt of the home that was unhurt by the roadside bomb blast but a police guard was injured in the capital khartoum the prime minister's vowing the attack won't hinder the country's political transition. also the trial of former accused of murder of the downing of malaysian airlines flight m h 17 has begun in the netherlands 298 people died when the plane was shot down over you created 20143 russians or do you cranium know are being tried in absentia those are the headlines and back with al jazeera news in half an hour do stay with us.

it's only puts a quarter of its population into quarantine to contain the corona virus should other countries follow suit or is it too little too late to stop the spread this is inside story. with the number of dead rising fast the 3rd highest number of cases worldwide and 60000000 people forced into quarantine italy's government has ordered some of the harshest measures outside china to try and contain the corona virus it's in his economic is under strain the financial and fashion capital resembles a ghost town.