hello. i'm kasia madera with bbc world news. our top story. the number of people killed from the coronavirus in italy has jumped to 100 and seven — the highest number of deaths outside of china, where the virus started. in response to the outbreak — the italian government plans to shut all its schools and universities for the next ten days. the italian prime minister says health services risk being overwhelmed. billionaire michael bloomberg has suspended his campaign to gain the democratic nomination for president — despite significantly outspending his rivals. mr bloomberg says he will now supportjoe biden. and this video is getting a lot of attention on our website — a brawl broke out in turkey's parliament during a speech by an oppositon lawmaker who accused the president of disrespecting soldiers who died in syria. the speaker of parliament later condemned the comments. that's all.

thanks for watching bbc world news. more on our web site bbc.c0.uk/news and the news app. now on bbc news live to singapore for asia business report. international lender of the imf pledges $50 billion and makes a stark warning that the corunna virus outbreak could it lead to the wea kest outbreak could it lead to the weakest growth since the global financial crisis. while in asia, markets are up but the central bank continued to feel the heat as they grapple with the best way to respond to the virus volatility. good morning. welcome to asia

business report. live from singapore with me, mariko 0i. let us begin with me, mariko 0i. let us begin with coronavirus, a global problem calling for a global response. those are the words of the head of the international monetary fund as she placed $50 billion for developing countries to contain the spread of the disease. the organisation also warned that the worsening impact of the new virus is likely to push global economy growth but low last yea r‘s global economy growth but low last year's subdued level. and that it may even be the weakest since the globalfinancial may even be the weakest since the global financial crisis. the bbc‘s katty kay sat down with the head of the imf. we are very concerned. we have seenjust the imf. we are very concerned. we have seen just in the imf. we are very concerned. we have seenjust in one short week the spread of the virus beyond china, creating a new momentum and unfortunately, what we were projecting as possible and more adverse scenarios for the economy is

i'iow adverse scenarios for the economy is now materialising. we know more about the virus, that it is spreading more easily, but there is also a lot we still do not know. we do not know the longevity of the virus. we don't know how fast treatment will become available. and thatis treatment will become available. and that is a source of uncertainty to make economic projections. is it time for coordinated central—bank action? we have seen the federal reserve already lower rates. is that what is needed ? reserve already lower rates. is that what is needed? what is needed is action on three fronts. 0ne, what is needed? what is needed is action on three fronts. one, to make sure that there is low—quality the system. in other words, that the economy doesn't get stuck because liquid is not flowing. —— liquidity is in the system. that is the part of central bank. two, to concentrate are no regrets fiscal measures. from

the health system so it can take ca re of the health system so it can take care of people. and three, international institutions like the imf and the world bank and others need to come together and make resources available to countries in need. meanwhile in the united states, congressional negotiations have struck a deal to allocate over $8 billion in emergency funds to combat coronavirus. that is according to a house of representatives democratic aide front of the money will be used to develop things like vaccines and test for the disease. representatives are set to wednesday on the funding paving the way for final action by the senate later this week. meanwhile, asian central banks and governments have been under a lot of pressure to respond especially after that some praise rate cut by the united states with the central banks in australia and malaysia have also cut rates by 25

basis points while the bank ofjapan has taken measures to provide liquidity to financial markets. and it is expected to announce more steps and next week. but the b0] is ina steps and next week. but the b0] is in a difficult position. japan has said negative interest rates for yea rs said negative interest rates for years over in hong kong, the government has taken mark populace options if you like of handing out nearly 1300 us dollars to every resident. singapore says that it will provide a smaller cash in to its citizens as well as financial subsidies to companies in affected sectors of the economy. earlier i spoke to economy call and miss with the impression a coot explained that the impression a coot explained that the tricky part is getting people to spend that money. that's economy colonists. it is a all hands on deck mama. a moment when getting central banks to pay interest rates is very important from a ring the gong standpoint. saying that we are on top of this was that we know the risk and acting. but i think this is

a moment for central banks and governments to co—ordinate. you mentioned cash hand—outs like we saw in hong kong. that is great. but the issueis in hong kong. that is great. but the issue is how do we get consumers to spend it. iwould issue is how do we get consumers to spend it. i would stop them from porting that money and from saving it? one way to do is hand out vouchers rather than cash. the idea being that you have to spend dispatcher and you can barter it back and forth from business services and once you spend dispatcher there might be more after that once you have proven you spent it. the idea is they have to make sure this money is deployed and that in turn will increase confidence and demand. and i really do see this of the moment is all policymakers have to work together and join hands and realise that this coronavirus crisis is actually a pretty big deal. one way of getting people to spend money might be lowering the sales tax for example, which the panda raised at the end of last year. hitting the economy really hard. —— which japan rates will submit the likely the japanese government will reverse that decision? it is not but it

might be necessary at least for a while to in some way suspend the sales tax increase. back in 2014 when japan raised sales tax increase. back in 2014 whenjapan raised its sales tax they had a modest recession. back in 1998 when they race it, they had a modest recession. this was very predictable. the economy crater 6.3% in the fourth quarter of 2019 so japan before the coronavirus arrive, they should be some discussions in official circles here in tokyo about suspending the sales tax and at least consumers a sense that there might bea least consumers a sense that there might be a break coming. what about south korea was now has the biggest outbreak outside of china? is there anything that you see the government can do there? the government came it with a supplemental spending package this week both of the central bank yesterday said that it is probably going to be cutting rates very soon but i think what that career should be doing is along with passing out money, he should be talking about economic reform. president moon over the last couple years has been very

glacial about shaking up the political culture of the economic culture to give people the sense that the economy will be moving in the right direction. in other business that was making headlines this morning, the information commissioners office in the uk has slapped a hefty fine, almost 650,000 us dollars come on hong kong carrier cafe pacific for failing to protect the security of its customers data. personal details being exposed included passport details and travel history. the link affecting over 9 million customers worldwide in over 100,000 uk visitors. a reforestation project is happening when plans to plant at least 3 million trees in mexico by nestle in the next 18 months. it is part of it there carbon neutrality by 2050 goal. the company is working with a local nonprofit organisation to determine which types of trees to plant and

where with mexico's other states of tabasco and veracruz among the options. an danish toy retailer lego is betting big on physical stores despite following the man in the wider toy market. it plans to open 150 shops around the world in 2020 having opened the same amount last year. lego blocks of the bbc he wa nted year. lego blocks of the bbc he wanted people to get their hands on bricks and be a part of the brand. —— lego blocks. the company estimates the global toy market shrunk by 3% in 2019. returning to the coronavirus come with more people working from home to prevent the virus spreading, many companies are now using remote working technologies, which can be a big cultural change here in nature. carla is an executive added it consulting and services company which helps firms understand how to work from home. she says business is need to prepare in advance. that's

businesses need to prepare. need to prepare in advance. that's businesses need to preparem really depends on your starting point. we know that 63% of global organisations currently support remote workers. but historically, we know throughout asia's specifically the adoption rate has been a little slower. low technology really is the key pillar to fast—track that success. “— key pillar to fast—track that success. —— more technology. we know a lot enterprises do asia have taken steps to deploy collaboration platforms such as microsoft for other tools to support collaboration. connectivity is also really big, we have seen companies and prepared for the bandwidth and network refinement needed to support large chains working remotely. and of course, there is also security

considerations and device considerations, but the important point is also that technology is a lwa ys point is also that technology is always only one piece of the puzzle. another important dimension is the cultural change and expect that goes along with supporting remote working. in the model. a quick look at the market for fargo. japan is down by almost 1%. hong kong index up down by almost 1%. hong kong index up by down by almost 1%. hong kong index up by half a percent. that is after wall street really word back to life with the dow and the snp both in the by more than 4% overnight because after vice presidentjoe biden strong showing in the super tuesday. that is it for the programme. thank you for watching. —— snp. this is bbc news. the top stories this hour. california's governor declares a state of emergency over the coronavirus after reporting

the state's first death and confirming at least 50 cases. britain's biggest regional airline, flybe, is on the verge of collapse, putting 2000 jobs at risk. rock band genesis are reuniting, and have announced their first tourfor 13 years. david sillito reports. # she seems to have an invisible touch, yeah... genesis, from ‘70s prog rock to ‘80s and ‘90s chart success. # i can't dance # i can't talk... they've been around for more than 50 years. but a reunion was, according to phil collins, highly unlikely. ill health had stopped him from drumming. but in recent years he has returned to performing and his son nick can now fill in for him on drums. and so they arrived at radio 2 this morning to announce that they're going back on the road. it's been a kind of conversation

that's been brewing a little bit. i think when i was out on the road showing i could still do something, i think we all felt, "why not?" # turn it on, turn it on again... it sounds a bit of a lame reason, just to say, why not? but we, you know, kind of enjoy it. # i will follow you will you follow me # all the days and nights that we know will be... it's been 13 years since they last played together and their last tour was, phil collins said, a chance to say goodbye properly but the music business is full of farewells and retirements that don't last very long. it's a natural progression. phil started, then he retired

but he came back touring and his son nick was drumming. it seems to be moving towards an area where it could be possible. you know, i think five years ago, or before that, would have been a big ask but it sort of happened naturally. so, a band that began in the ‘60s with a very different look and sound, has found a renewed appetite to return to the road... # turn it on, turn it on again... ..and more than 50 years of hit records. david sillito, bbc news. hello. i'm marc edwards. this is for today and live in the bbc sport centre. coming up in our programme.

—— this is sport today. all sport in italy to be played behind closed doors as they try to contain the spread of the coronavirus cancellations as well in the asian champions league but one game does go ahead as sydney and jeonbuk draw 2—2. krul ending for spurs... they're out of the fa cup, as keeper tim krul keeps his cool to send norwich into the quarter finals. we start with the news that italian officials have taken the decision that all sport in the country will be played behind closed doors until the fourth april due to the spread of the coronavirus. that includes the six nations rugby union international against england, in rome, on the 14th march. rugby chiefs will meet on thursday to discuss the possibility of postponing the game completely. italy's match away to ireland this weekend has already been called off. italy is the worst—hit european country with over 3,000 cases of coronavirus and over 100 deaths.

serie a matches will also be played behind closed doors —