everyone has the right. everyone has the rights. this is the w.'s line from affairs around the coronavirus triggered a fresh start. us markets clubbers about 10 percent triggering a pause in trading for the 3rd time in 2 weeks asian markets of also nosedive despite aggressive monetary interventions and bring you a live update from the new york stock exchange programs. closing its borders

to limit the spread of the contagion which is also pretty daily life and to a standstill we'll see how the job which the country. i'm straining poses almost a total lockdown telling residents to remain inside their homes live update from madrid. i'm sure welcome to the program. markets around the world up are getting the week with heavy losses germany's benchmark dax fell 10 percent dipping below the 9000 point mark the 1st time since that 26th thing on wall street they coronavirus continues to dash traders hopes of a turnaround. from the start of coding in new york the bell seemed to be telling for stock prices this was the scene on the big board just a few seconds later. the dow jones sat down an enormous 9.71 percent although it

has since it cut slightly trading on the ass and p. $500.00 was suspended after a 9 percent fall. straight to new york that where we join t.w. financial correspondent a yes quarter welcome a yes on the floor there well i just came back from europe last week thursday i've been to switzerland and germany actually and so there is a new policy from the new york stock exchange if you travel that you're not allowed to come back in for the next 2 weeks so i have to be unselfish karen jean for 2 weeks now at least i got a test for free so i will actually learn by tonight if i'm tested negative well things crossed for that u.s. markets were up friday and now we have this dramatic sell off so what changed over the weekend. well basically everything changed them on friday there was some hope

that the worst might be behind us even if i think there was also some automated trading going on so white markets went up by so much but over the weekend we heard that new york basically is a little down and that's true for most parts of the united states and schools are closed at least till april 20th so there was talk that there might even be a travel ban wist in the united states if you look at the stocks off the big u.s. ally and they're all down by more than 10 percent restaurants are close to no one is traveling any more so it's quite obvious that we will see some severe economic consequences and therefore those so huge selloff that we experience here on monday the u.s. federal reserve another rate cut over the weekend that doesn't seem to doesn't seem to have helped and it was actually quite a mess if we did get rates back down to almost 0 and 100 percent basis point cut by interest rates and also

a new quantitative easing program meaning the federal reserve says it's going to buy treasuries and also mortgage backed securities over the next couple of weeks in the amount of a good $700000000000.00 that is very a message but the problem is we have a health situation we have a health crisis going on and you can't really do anything to it to really get the economy going before this house crisis is over so if you look at so the federal level you can try it was certain a tax incentive stimulus programs to actually help the population so to better deal with it but you won't kick start the economy at this point 1st we have to get over was the house crisis and then you can start with fiscal and monetary policies some stimulus packages to help the u.s. economy yes. thank you. well let's see us mark if you let's take a look at the politics now datable is washington bureau chief is alexandra from nom

welcome alexandra the white house has been criticized for failing to come up with a coordinated response to the pandemic is it likely to happen now. well we'll see some sort of response today that's for sure the question is what it's going to look like white house coronavirus task force pushed a briefing that was scheduled to take place this morning to 330 eastern time in the afternoon presumably to have more time to respond to what's going on and a stalker market however as you said it is true that ministration has been facing a lot of criticism president trump in particular according to a new poll in majority of you as a voter as does approve his handling of this crisis only on friday he declared

a national emergency but at the same time he is sending a mixed message on the corona virus pandemic only yesterday during the briefing at the white house he says it is a contagious virus it's incredible but it's something that we have tremendous control of a very very remarkable statement that was contradicted only a few minutes later by talk to us infectious disease expert and member of the white house task force dr felt she said that the worst is yet to come for the you asked and that the way how they respond to that crisis will determine what the final point is going to be interesting story. this morning germany criticizing the white house over a coronavirus of vaccine being developed to here in germany what are you hearing.

so according to media reports donald trump offered large sums of money to cure vet of bio pharmaceutical firm based in germany to convince them to relocate relocate their coronavirus vaccine research to the united states and of course the german government reacted very quickly by saying germany is not for sale but we also have to say that the company they say said that there was no offer from the white house and i have reached out to the white house press office to get a statement on that but i haven't heard from them so far our exams are a phenomenon in washington thank you. back to europe and germany has joined a growing list of e.u. countries imposing full or partial closures of its borders so i attempt to hold the spread of coronavirus well it has announced controls on its borders with switzerland austria denmark and luxembourg restrictions are also being imposed on

his border with france gridlock on the french german border these cars have been waiting for at least 30 minutes to end to germany the certainty we're sending back any vehicle which is not being granted special status to enter germany has a valid reason to cross it's going to have to. it's just one of many makeshift border controls set up on monday in a bid to stem the corona virus outbreak german citizens and residents may continue through as can delivery drivers and those commuting to work and you wonder splaying coronavirus symptoms will be handed over to health authorities. more than normal actually they need to protect or somehow from everything that's been happening it's really bad at the moment there is no set time frame for these travel restrictions and the government says it might extend them to borders with other neighboring countries. border restrictions. restrictions on schools restaurants churches and other social spaces so here's

a look at how germans have been dealing with the disruption. an eerie silence has descended over this mean except in greece school just one of thousands of schools in kindergartens across germany which are closed from today until at least the middle of april in bavaria further drastic measures were introduced on monday to slow down the spread of the virus at a press conference which journalists could only follow via video link the bavarian premier announced a state of emergency in his region. the university hospitals are asking medical students to make themselves available to assist permanent staff retired doctors and doctors on parental leave will be asked to come in as well. varia has also ordered the closure of cinemas theaters and clubs restaurants and cafes can only stay open until 3 pm but banks pharmacies and supermarkets are so far exempt from restrictions. seen immelman kind we don't see any reason for

concern at this time but everyone should be responsible about what they really need and everything will be done to ensure that supplies are available for. the robert caulked institute the german government's main medical advisor said it was important to implement tough measures now because the number of coronavirus cases continues to rise sharply. it's not sensible instead of going to a club to invite people back to your home or to go to other parties where lots of people come together and i'm saying this because apparently some people have held so-called corona parties after clubs are closed and it will please do not do this but the. billions legendary nightlife is also being cut back massively clubs have closed bars that are open are almost empty. i don't have any customers i've got a mammal the door making sure that no more than 49 people come in and then we have

to close we can't let in anymore but no more not coming and that is the situation now but new rules might be announced any day. even churches have been closed for fear of spreading the virus but that doesn't mean that those who rely on others will be left to fend for themselves. and shop garden beef and our pastors to make sure they continue intensive contact with people who are afraid above all the old and the sick so we will continue to seek these people out. germany's response to the virus is a mixture of coming together in solidarity and battening down the hatches and hoping that those measures have the desired effect on the german government has just announced even stricter measures it said to ban meetings in churches mosques and synagogues to try and slow the spread of coronavirus to the front line of the corona virus outbreak in europe that's italy daily life as all the ground to

a halt as the country is are locked down on essential a shops are open public gatherings and travel are banned and people have been told to stay at home on sunday it's only reported 368 new coronavirus related deaths the worst single day toll for any country since the crisis began. earlier we spoke with in rome to find out why we're seeing such a high mortality rates in italy especially in the country's north. well what you're seeing now in a way it's it's events and it is very tragic but it was expected because what you see now with the inspections that happened before the slow down measures put into place when the prime minister locked down the entire country is that he essentially says the impact of those measures are not going to be seen for a couple of weeks so that's what you're seeing right now not the 11 towns that were originally put on those restrictive measures there we're already seeing

a slowdown in factions but you're not going to be able to see any impact for a little while and that's why the prime minister said that currently this situation is very critical and everybody needs to do the a pot in order to slow down the section on top of that the figure of deaths that we're seeing 368 just in the last 24 hours it's only has an elderly population a quarter of the population is over the age of $65.00 it's one of the oldest populations in the world and we do know that covert $900.00 particularly impacts the most vulnerable of society elderly and those with underlying health conditions so that's why you see these numbers seem a hotel in rome not in spain which has become the 4th most infected country in the world something had south korea to weaken lockdowns already in place and the government is considering extending it possibly closing its borders countries 47000000 people are being asked to stay at home. spending an entire day at home

together is something the erkki thoughts family haven't done for a long time before trying to make the best of a difficult situation amid madrid's coronavirus lockdown indigo is employed as a bank and can therefore work from home while his daughter is able to access her schoolwork via the internet but it's his parents in bilbao that worry him. you've not been going outside i hope here in madrid police drones with loudspeakers are telling us to stay home and. when they tell you to stay inside that's what you have to do you can't go around spreading the virus as your 14 year old paul is working studiously through her school exercises but it isn't always easy without a teacher. domino demo send you all the exercises but sometimes you don't understand them you can ask your parents but they might not remember so they're not much help either. madrid a city known for its bustling streets and vibrant atmosphere has fallen eerily

quiet never in the history of spanish democracy have such drastic measures been taken according to the government. only those shopping for essential heading to work or visiting a doctor or pharmacy are allowed out on the streets some will break why as much as possible jaco is their biggest worry for any leopard or puppies aren't exactly ideal companions during a global health crisis there is always seeking attention from strangers in the street and at home too i'm beginning to see every person we come across as a potential source of infection. you begin to go a little crazy in isolation laura tells us but then nothing here is as it should be at the moment those in madrid simply need to hold out in the hope that things will turn to normal soon. straight to spain's capital then we're joined by correspondent jaime velasquez in madrid to welcome home what's it like there at the moment.

huge well as you can see streets are very quiet the moment we've seen these scenes there early morning here in in madrid on li all those workers where not allowed or could not work remotely arrived in the morning to the city to and most of the people that you would come across were either jordan released or policemen trying to check on the people on the streets just to make sure that they were going for shopping or to the pharmacy or if they were actually to go to work because the. government has taken very very seriously that nobody should be out of the homes they know if it is not necessary and what's the penalty if i am found wandering in the street with no good reason what happens to me says well you can be. even

you can even get. prison. sentence one year sentence that means that you and you will not go to jail if you haven't begun picked before and fines can go up 230000 euros from 602230000 years there is not a joke. so far. hasn't been reported big issues from the police regarding people on the streets normally the police has to. warn them not to be. on the street if they don't have to but so far nobody has been fined yet. the country's registered more than a 1000 infections and one day more than 300 deaths people must be wondering if the weekend's lockdown began to light. actually actually.

just a week ago here in madrid there was a demonstration with 120000 people for women's day and some people were actually wondering if god should have happened or not and if for example we know that a demonstration. of gender equality equality or anyone attended and also the wife of the prime minister also attend another minister another minister of government. and all of us have tested positive. on that weekend before we can before also. the right party. rally and 2 or 3 members of. leaders of the party have also tested positive. that we will run a virus was around us or were living there longer. thank you

so much. more coronavirus developments the leaders of argentina and peru have announced the border closures and begun to close schools in the country's south africa has declared a national state of disaster imposing a travel ban on foreign nationals from high risk countries and revoking visas china's putting all international arrivals in its capital city beijing in quarantine and iran is reported another $129.00 deaths from corona virus taking the death toll to $853.00 meanwhile experts are scrambling to find medications that could help fight this one existing drug in particular has given scientists new hope of more on that we're joined by d.w. science correspondent eric williams welcome derek. got scientists excited was actually developed to fight it both to tell us more about it. well the boat the

drug is called rent does appear and it was originally to designed to in the fight against the older but it actually didn't prove terrifically effectively effective against people of what it did prove to be more effective against were coronaviruses they tested it against sars and murders and it and it works by messing up a very basic level with replication of the virus that's the effective mechanism for it the good thing about this particular drug in the reason they're sort of moving they're not trying to develop drugs from scratch because that takes far too long instead they're looking for existing drugs that have already jumped through some or all of the existing regulatory kind of hoops and and rendez if you're has proven safe and that's a big step forward and now they're testing it it's and i think 5 different clinical tests that will be going on through april in 5 different places including one involving hospitals here in germany to see whether or not it's affective against the us i know the potential treatment that's got scientists quite excited is

a vaccine being developed by a german company cure of a so interesting in date that u.s. president trump reportedly tried to buy it for the u.s. exclusively why all the excitement. right we're moving away now from medications these and he virus which are which are there for treating people who have an active infection to towards looking towards prevention so that seems are a much longer term or a much longer term that now don't understand what your back has done they specialize in a particular kind of vaccine called an r. and a vaccine now are any molecules contain the instructions for producing sort of viral proteins that these viral proteins bundle proteins or what part of the substance in a back scene that causes your body to acquire an immune response that your body in the future will react against that if ever if it ever recognizes that i'm a protein now by will proteins however are very difficult to manufacture and r.n.a.

is a simpler are and any vaccines are a simpler way of doing that they contain instructions for producing these proteins and so if you inject these instructions into the body you can get the body to produce these proteins on its own that it doesn't have to be manufactured in a facility and are and is also much more it's much easier to produce you can actually print it there are certain printers that can that can print these strains of of these molecules so basically the difference is instead of growing proteins in a manufacturing facility which is very time intensive with our in a vaccine you're printing the instructions on how to make those proteins and then putting them into the body and getting it to manufacture the proteins for if it works it could potentially save a lot of time which is why there's all the excitement around it because it has the potential to bring results much more quickly than classic vaccines to talking to thank you so much but they don't do science correspondent derek williams. it's

another of the most affected countries by this new coronavirus south korea a business is that working together to try and shed the economic burden. so korean landlords and tenants are sharing the burden of weathering the decline in business caused by the corona virus outbreak with reductions in rents large traditional markets especially needed the help. that was. used to get an average 300000 visitors a day. but since the corona virus outbreak began we've been seeing less than 110th of our usual number of customers. and business owners here have been suffering immensely. not only domestic sales are affected as international trade has also dwindled especially for small export. and.

korea has a competitive global legend the fashion industry and its products are high in demand overseas but now that foreign buyers kaante even enter korea coupled with slowing fabric shipments and fewer visitors to the market overall it's having quite a large ripple effect. in addition to the rent reductions market managers have also coordinated strict public health responses some landlords have provided up to 50 percent off in rent although smaller reductions are more common but even those providing the discounts argue for more state led measures. complementing revenues of the merchants biggest concern so tax remedies are needed although the government has announced new tax breaks a lower income tax means little if merchants aren't making much to begin with so many want to see a decrease in value added tax. the large traditional markets

rely on both tourism and elder shoppers both of which have dried up although more assistance may be coming merchants here in saul's an empty moon market and around south korea are soon likely to get some more help from the federal government the national assembly is set to pass a multi-billion dollar supplementary budget to support small businesses and to help contain and mitigate the covert $900.00 break. the so-called nice landlord trend has also brought banks into the movement with low interest loans as south korea copes with a deepening kovac 19 crisis. this is data breaking news reaching a set back then a european commission president a sort of on the line has proposed a 30 day ban on travel into the e.u. this would apply to nonessential travel and could be extended as necessary more on that as we get it of course on the coronavirus side has the world of sport upside

down with many countries banning all sporting events in the near future german bund as league clubs today confirm suspension of football matches that will remain in place until early april with further postponements are expected to be announced as a further meeting in 2 weeks the german football league convened a meeting with all 36 clubs from the country's top 2 divisions the chief executive of christiane. said the health and financial security of all 56000 football employees was a hunch piracy tomorrow that's tuesday europe's football governing body wife will meet to discuss the future of the european championships championships. this is d.w. news of live from more world news of the top of the hour in the meantime of course

as always that the latest around the clock on our website with all the latest updates on the coronavirus and what to do if you think you have as well have a good day back to the topic.

moral. question what do you get when you start 35 columns of concrete blocks the form a 120 meter high tower around a crane has 6 arms on it. battery the tower enables the storage of renewable energy but how exactly does this unique contraption work. tomorrow today. next on the.

eco india comes from the slums of mumbai out into the world e-commerce start up launched an online platform local merchants can use it to offer their products on a bigger market and expand beyond their own local clientele. to give them a host a little of b.m.x. says i'm brooke baldwin of chemical. 16 t.w. . is for me. beethoven is for you. beethoven as for hell. beethoven. beethoven is for the.

beethoven is for us. veto over is for. beethoven 2020 but 250th anniversary here on w. . it. gets into tomorrow today the science show on d w coming up. could this tower be a solution to the problem of renewable energy storage. we meet a scientist who is searching for new antibiotics from microorganisms. and put. our far away so system neighbor was a planet and the.