i'm cash or nero with bbc news: president donald trump says the us will ban all flights from mainland europe as experts confirmed the coronavirus outbreak is a pandemic —— kasia madera. speaking from the oval office, president trump said the 30 day ban would come into effect on friday and he said he wanted to prevent the spread across the us after europe failed to contain the virus. away from the coronavirus, disgraced film producer harvey weinstein has been sentenced to 23 yea rs weinstein has been sentenced to 23 years in prison for rape and sexual assault. he was found guilty in a trial in new york last month. much more, as always, on all of our stories, including the breaking news about the travel ban from europe to the united states on our website. that's it from me, thank you for watching bbc world

many more details on the travel ban from europe to the us and also all of our stories on the website. you can check out the news app as well. now sharanjit. asian markets down across—the—board, as president from announces a ban on all travel from europe to the united states to tackle the spread of the coronavirus. the ban comes after a shocking day on wall street. the bear market returns. the dow ending its 11 year growth st. —— president donald trump. hello and welcome to this thursday edition of asia business report, i'm sharanjit leyl. edition of asia business report, i'm shara njit leyl. some edition of asia business report, i'm sharanjit leyl. some newsjust in, in the past few minutes we've been hearing from president donald trump, who announced a ban on all travel

from europe to the us to tackle the spread of the coronavirus. addressing the nation from the white house, he said the restriction wouldn't apply to the uk. let's listen to what he said a short time ago. to keep new cases from entering our shores, we will suspend all travel from europe to the united states for the next 30 days. the new rules will go into effect friday at midnight. for more analysis we can bring in oui’ for more analysis we can bring in our reporter monica miller, who was obviously watching that address by president donald trump and quite draconian measures, which is making markets particularly nervous because we've seen those markets take an even steeper fall since he spoke. the nikkei is down about 2.5% and the australian market is down 4%. once going on? we are waiting to what happens to the chinese markets,

but it is a deep dive into the red this week and this has been a 1—2 punch between oil prices in addition to the coronavirus, but now in the last few minutes we learned about this travel ban to the us from europe, but not to the uk, which has seen its fair share of cases and deaths, but in europe, for 30 days. looking at the dow futures right now and they are tanking. we are looking ata...a and they are tanking. we are looking ata... a600 and they are tanking. we are looking at a... a 600 point drop at this point and they are in a bear market that happened yesterday, so you need a lot of pepto—bismol because it doesn't look like we are getting out of this anytime soon! it doesn't! we know president trump has made these announcements and it comes on the of other countries doing similar things, the uk with its budget yesterday, he talked about stimulus measures to try to help small business owners, for instance, he talked about helping a lot of the workers affected, people in

quarantine and those who are ill, for instance, particularly the insurance industry as well. really fascinating he talked a bit about these stimulus measures but they don't seem to be going as far as some of the stimulus measures we've seen some of the stimulus measures we've seen other places take. for instance, hong kong, which gave a cash pay—out to all its citizens. instance, hong kong, which gave a cash pay-out to all its citizens. he said it is now in congress's hands in terms of a stimulus aid package, but we have to remember the political climate in the us right now, it isn't particularly happy. this is a tough time and perhaps they will come to some kind of reasoning on a bipartisan level. i think yesterday investors were really hoping to get more details on this. he mentioned there may be some relief in terms of a tax... payroll relief in terms of a tax... payroll relief of some sort, but also workers paid in an hourly wage. in the us, there isn't federal relief for people in these instances, so if you can't show up to work, there's a

good chance you can't pay your rent oi’ good chance you can't pay your rent or your mortgage or be able to pay your bills, and this will have a spillover effect into our part of the world because the us is the world's largest economy. and that's a real concern because obviously you need to protect a lot of workers in the informal or gig economy, they're not necessarily going to get sick pay paid for, so that's something a lot of governments are looking at really closely now, aren't they? they are. and it's interesting in singapore, we are learning they've already put a billion dollar aid package together to help small businesses and their ready to actually do another round if necessary. we are also looking at south korea as well as china. they are trying to keep their citizens to maintain throughout this entire tough time. i think today jaws i think todayjaws are dropping at this decision not to allow travel to

europe over the next 30 days. as you say, jaws are dropping. monica miller, thank you so much. as we talked about, those markets are falling and if we take a look markets in asia, the nikkei is down about 2.5%. in fact, it fell even steeper after he spoke. we are seeing steep losses in the australian markets, the asx 200 down about 4%. in fact, it has slid just after the president spoke and this is despite the fact australia has seen some stimulus measures put in place there as well. all of this comes on the back of a terrible day in wall street, where for the first time since the financial crisis, the dow plunged into a bear market after the world health organization declared the coronavirus a pandemic. you can see the numbers, the first time this has happened in ii the numbers, the first time this has happened in 11 years. the dow off 20% from its highs. here's the bbc‘s

samira hussain on wall street. on monday, you saw the biggest drops we've ever seen since the financial crisis and on tuesday we saw we were up crisis and on tuesday we saw we were up trading into the red, up almost 396, up trading into the red, up almost 3%, but come today we saw yet another big drop. we were down by more than 5% and we are raised to the gains made on tuesday and fallen even further on wednesday —— erased. now we're in what we call bear market territory, so we've lost 20% from the 52—week high. what does this really mean? it means investors aren't feeling confident about the future right now and it's not something that's going to be short—term. normally a bear market lasts for a couple of months or longer, so that's why everyone is talking about this bear market because it has so much significance when it comes to how investors feel about the future. that is the view on wall street from

samira hussain but let's move on to the view from india, which is also implementing a travel ban with the government suspending all tourist visas until mid april and says it will common, quarantine all travellers including indian nationals arriving from seven of the countries particularly hit by the virus and for more i'm joined by our india business reporter. these are quite busy no big measures the indian government is taking, how is it going to hit the tourism sector? serious measures being taken and it's taking from global cues as every region isolates itself from the world. this will hit the travel sector certainly. we've got reports from the airports where things are looking deserted on weekdays, airlines have voiced concerns because this is a time where the aviation industry and the economy in general is facing a tough times over travel ban is from the 13th to the of april and then they will take a

call on what they need to do next. some countries like italy and iran will have quarantine for 11! days and recommending no travel abroad for indian citizens. president trump talked about stimulus measures, other countries have put them in place, what about india? it is tricky because india has been battling a slowdown and the government has a massive fiscal deficit, and experts say the government is in a cornerfiguring out how to help. it is not helping various credit ratings are downgrading the credit rating in india. not looking good but there's meetings planned where they are trying to assert their next steps. thank you very much. let's take a look at the markets and how they've been reacting to president donald trump speaking at the top of the hour. asian markets have dived even

further after he talked about some very tough measures particularly on european travellers. that's it for this edition of asia business report. thanks for watching. this is bbc news the top stories this hour: president donald trump is banning all flights are from mainland europe to the us for 30 days. it is to defeat the coronavirus pandemic. meanwhile, in italy, new government restrictions shut all shops except food stalls and pharmacies. a senior scottish government official has told the trial of former first minister alex salmond that he kissed her on the mouth and touched her bottom. the woman, known as woman a, said she was employed by the snp at the time and was humiliated by mr salmond's behaviour. he denies all the charges against him. here's our scotland editor, sarah smith.

alex editor, sarah smith. salmond is facing allegations of alex salmond is facing allegations of sexual assault from ten women. he heard three of them giving evidence today. one of the women told the court she was groped by mr salmond on several occasions while he was campaigning in glasgow in 2008. three claimed he also repeatedly kissed her on the lips. it was very sloppy and unpleasant, she said. the prosecutor asked, "why didn't you just a, first minister mr don't do this?" the woman replied: another woman, an snp politician, describe a journey during which he had his hand on her leg and she felt it was entirely inappropriate and wrong but she said she didn't complain because she said it's hard

to explain how much she meant to their party, and who was he going to complain to an what are they going to do about it? the former first minister denies all 11! charges of sexual assault in the case will continue tomorrow. sarah smith, bbc news, edinburgh. two russian pranksters claim they have managed to speak to prince harry ina have managed to speak to prince harry in a hoax call. they pretended to be the climate change activist greta thunberg and her father. the youtubers, known as vovan and lexus, say they managed to make two calls to the prince in canada. buckingham palace has declined to comment on the claim. as always, lots more on our website stop the i'm on social media. now it is time for sport today —— as always, lots more on our website. i'm on social media. now it is time for sport today. hello, this is sport today, live from the bbc sport centre. coming up on this programme: holders liverpool knocked out of the uefa champions league

losing 4—2 on aggregate to atletico madrid. it's been announced that golden state warriors will play their next nba home game with no fans allowed, due to the coronavirus pandemic. and rory mcilroy looks to become the first player to retain the players championship as he takes to the course in florida on thursday. hello and welcome to the programme where we start with the footballing news that holders liverpool are out of the uefa champions league beaten 4—2 on aggregate in their last 16 tie by atletico madrid. liverpool lost the first leg i—nil — but georginio wijnaldum's goaljust before half—time wiped out atletico's advantage, and that meant extra—time. roberto firmino's goal after 94 minutes made it 2—nil on the night, but liverpool were ahead in the tie for the first time. two goals from marcos llorente turned the tie back in atletico's favour, leaving liverpool needing to score twice.

a late alvaro morata score secured a 3—2 win on the night for the spanish side, and a 4—2 aggregate victory. we know over the years with atletico madrid how good they are and their attitude. sincejuly, madrid how good they are and their attitude. since july, august, madrid how good they are and their attitude. sincejuly, august, from training, when you see them in training, when you see them in training, everybody feeds off the mr. we have had an exceptional ride nfc championship. party after party after party and everything was said, tonight, everything was set, the crowd, the stadium, everything showed up in the best way. the boys delivered, super game, scored but we

lost. paris saint—germain are also through to the quarter—finals. the parc des princes was empty amid concerns over the coronavirus but the french champions overturned a 2—1 first leg deficit against borussia dortmund to the reach the last eight for the first time in four years. neymar opened the scoring on the night, to make it 2—2 on aggregate. juan bernat‘s goal on the stroke of half—time then put psg in front over the two legs. in a heated second half, dortmund had emre can sent off for pushing neymar. but thomas tuchel‘s side held on against his former club, to go through 3—2 on aggregate. translation: there are more important things than foot golf but in those last two minutes we really did not want to lose. i hate losing. it was tough on us. every time they kick the ball, we wanted the referee

to blow