brent: this is "dw news," live from berlin. a black monday for stock markets as share prices tumble and the price of oil crashes. trading on wall street was temporarily halted after the dow plunged by 7%. wall street marking its biggest one-date loss today in more than a decade as traders reacted the impact of the coronavirus on the global economy. italian police and soldiers enforcg a quarantine order on

16 millioneople to prevent the spread of the coronavirus. the world health organization applauding what he calls italy's aggressive policy. and it is good to talk. the european union and turkey are trying to find a way out of the standoff over migrants at the border between turkey and greece. we will go live to brussels to find out if they can find common ground. as germany contemplates professional soccer games without spectators because of the coronavirus, bayern munich move a step closer to retaining their bundesliga title. an edgy win in front of a packed crowd in munich. brent: i'm brent goff. to our viewers on pbs in the united states and all around the world, welcome. it has been a day of high drama

on global financial markets. fears of the coronavirus have left a trail of losses across the world. share prices plunged, with feelings being wiped off the value of global indices. the dow jones industrial average took a nosedive at the start of trading. more than 7% of its value was wiped off in just the first minutes of the trading day. that sparked an emergency 15-minute suspension of trading. it was no better in europe. in germany, the dax index closed around 8%, down as you see there. the gains of the past year were almost completely wiped out. the price of a barrel of oil has been at historic lows after saudi arabia increase production to try to pressure russia into closer coordination. that dispute coming as oil demand weakens due to the coronavirus. let's get more on this from joée luis de haro at the new york

stock exchange. good afternoon to you, jose. a lot to unpack here. the coronavirus has been around for going on three months. what is behind the massive drop we saw today? josé: well, basically we are seeing a perfect storm here in the u.s. markets, brent. basically we still don't know what is going to be the financial and economic impact of the virus, and then we have to add that war in oil prices, it is making circuit breakers activate for the first time since they were implemented in 2013. now we are seeing major indexes down around 17%, 18%. it is a question not if we are in a correction, but if we will see a very market that will kill the bullish market we have seen in wall street the last 11 years. brent: the circuit breakers are

mechanisms to prevent the stock market from crashing, which we saw implemented earlier today. the coronavirus outbreak, jose, it may be declared a pandemic very soon. could that trigger a global recession, the likes of which we saw in 2007, 2008? josé: it is still, i would say, early to say. we would say a great recession as the one we saw in 2008, 2009. the base case scenario for a lot of banks on wall street, it is that we will see a recession not only in the u.s. but also in europe. the question is if the monetary stimulus, the fiscal stimulus from different governments will be enough to make the situation in little bit better, and if the consumer will go back to normal once the situation is sorted out. brent: if you look at the 10

year u.s. treasury bond, the return felt almost to zero. that is the level i thought i would never see in my lifetime. what does that say about the market's lack of faith in the future? josé: basically they are definitely discounting that we will see some form of recession. they are also pushing the hand of the federal reserve. investors in the markets wanted to see more cut rates and we will see what we saw in 2008. and they are questioning what comes next to if we will see some side -- some sign of quantitative easing or emergency stimulus to figure out the situation happening in the markets. brent: exactly right. interest rates are at record lows. josé luis de haroat the new york stock exchange for us tonight. thank you. tonight a quarter of the italian population is under a lockdown.

the world health organization is applauding italy for placing restrictions on movement of more than 16 million people in the country. the cities of mil and venice are among the areas under lockdown. reporter: more blocks like these could become a filiar sight across northern italy. travelers are asked to explain why they are leaving the so-called red zone. authorities say only those with serious reasons, as well as workers, will be allowed to pass. in milan's normally bustling center, only a fraction of the usual crowds, leaving merchants worried for the l ivelihoods. >> we have not been served a single meal today in the restaurant. at this moment, there's an economic impact ever in the galleries and the whole center. i think that when milan is closing down, the whole world is closing down. reporter: there was confusion at

airports and train stations as some services continued to run. officials are figuring out how to implement travel restrictions. residents are adjusting to life under lockdown. >> we have to remain positive and calm and live the best way possible, taking all precautions. we have to adapt our lifestyles. but we carry on. >> to be honest, i think this measure is too restrictive. closing down the whole region seems like a much too strong reaction. reporter: top elite football games are continuing, but in empty stadiums. lines quickly formed at supermarkets. authorities have told residents not to panic, insisting that supply lines will be kept open. panic took hold in several prisons. inmates rioted over quarantine restrictions. several inmates die in the

chaos. the number of infected persons continues to rise. health authorities insist that the caution is necessary. >> there are no parts of italy that a completely immune to the virus. there are parts of italy in which the virus can you really circulate less. but the fact that the virus cigarettes depends on our behavior.--circulates depends on our behavior. reporter: the world health organization has praised its "bold, courageous steps," which other countries may decide to follow. brent: germany has reported its first two deaths from the coronavirus. both of them died in the most populous state which borders belgium and the netherlands. germany has also imposed the first mass quarantine in the state of brandenburg, just outside berlin. the health ministry is urging people to slow the spread of the virus by following medical guidelines, which include washing with soap and water.

for more on this to we're joined by political correspondent hans brandther here in berlin. what more do we know about the situation in germany? hans: as we have just heard, the first two cases of people dying from the virus were reported today. both of them were elderly people with pre-existing conditions, a man and a woman. and also there is that school about 100 kilometers east of berlin, west of here, where one person was confirmed to be infected. as a result to everybody connected to that school, everybody connected to the school was put into quarantine come into isolation. that concerns about 5000 people. at the same time, the health minister today said that he urges all regions in germany to restrict gatherings of more than 1000 people.

this is something that the health minister himself cannot impose. it has to be done by the federal state, local authorities. the very has announced that it will -- bavaria has announced it will ban gatherings of more than 1000 people, and that concerns among other things soccer matches. bayern munich is impacted by this. several games of bayern munich in coming weeks, four weeks or so, are likely to be taking place in empty stadiums. the number of measures being taken in germany is increasing at the moment. brent: it is increasing, hans. would you say germany is doing enough? hans: compared to italy, obviously germany has not done as italy has done. authorities here say they are protecting the virus from a long time ago, from very early on. all the preparations have been

made. as the number of infections increases, obviously the measures that are being taken also are becoming more severe. her instance, the health minister also appeal to the people to stay at home and not to go traveling if they don't need to and not to use public transportation if they don't absolutely have to. all of these are measures that are intended not to, as i say, prevent the virus from spreading, but sadly to slow down the spread of the virus. angela merkel said that what is important in all of this is the time that is gained by slowing down the spread of the virus. that is time is necessary for scientists to try to identify the virus and get to know it better and look for cures, possible vaccines. it is also time that is necessary in where the people that are severely affected by the virus are being treated. there also, time is needed to get them to improve.

brent: we got a statistic out today saying at least 70% of people with the virus fully recover from the virus which is good news. hans brandt reporting in berlin. thank you very much. russia has reported relatively few coronavirus cases come with fewer than 20 confirmed. the advice from moscow authorities is people returning from countries with high rates of infection should solve isolate. 1800 kilometers from the capital in the euro mountains, they are doing things a little differently. groups of kozak's art handing out medical advice. but much of what they are saying is dangerously inaccurate. reporter: they are willing to protect russia from any threat at all, including from the coronavirus. since early february, they have been patrolling the area twice a

week, giving up masks and checking people for signs of a cold. people recognize them by their uniforms and their recommendations on how to say healthy are just as traditional. >> we mostly recommend traditional methods, having honey, garlic, and raspberry jam , and keeping two basic rules of personal hygiene. when people come in from the street, they should wash their hands and take off their outdoor clothes. we seek to help the government with a coronavirus because we care about the fate of russia. reporter: the cossacks carry holy water for extra protection against the virus. these vigilante patrols were not authorized by the city, but cossacks often support state security forces and act as unofficial guardians of public order. they feel that is their historical role. from the late 18th century, pasze cossack hosts defended the

border from the russian empire since the fall of the soviet union, cossack identity has seen a revival. children are showing of basic military skills they are learning. to be a good cossack, they must be prepared to serve their country. and orthodox christianity is just as important as patriotism here. the head of the community says cossacks are the spirit of russia, and he believes the special status can protect them from the coronavirus, too. >> we believe that our system is stronger than the immune system of immigrants from asia, because cossacks traditionally lived on the border of the russian empire and dug out cottages and protected russia's border. we get strength from the russian orthodox church.

we believe that god is with us. cossacks are and always have been the warriors of christ. reporter: there have been only a few confirmed cases of the coronavirus in russia so far. despite reports of quarantine blunders and discrimination against chinese people, most people believe the government has the situation under control. >> i think they are doing everything they can to prevent the spread of the coronavirus, or at least i hope so. >> everything is calm here. i am sure that my government is taking all necessary action to so there's no need to worry. we need to lead a healthy life. reporter: to help the government, the euro cossacks plan to expand the coronavirus patrols to other areas of the city, and they hope that cossack units in other parts of russia will join their efforts as well. brent: here is a brief look at

the other stories making headlines around the world. a blast from the suspected rocket attack interrupted a ceremony in kabul in which the afghan leader ashraf ghani was sworn in as president. ghani won the race by a slim margin. rival leader abdullah beaulah also declared himself the winner. he was sworn in as president at the same time at a competing inauguration ceremony. sudan's prime minister says he survived a bomb attack on his convoy. abdalla hamdok has been in office since august. he has promised to cooperate with the international war crimes investigations. no group has claimed responsibility for the attack. britain's prince harry and his wife, meghan, have made their final official appearance as royals. the couple attended a service at westminster abbey. under an agreement reached with the palace in january, it will stop using their royal titles from the end of the month and will no longer receive public money.

the head of the european commission says a 216 refugee agreement aimed at stemming the flow of migrants to europe via turkey is still valid and in place. turkey's president, recep tayyip erdogan, joint talks in brussels aimed at solving a dispute with the eu over migrants on the turkish-eu border. erdogan wants more help from brussels for the 4 million syrian refugees who live in turkey. thousands of people have massed on the greek partisan border sie turkey opened its border in violation of the 2016 agreement. let's go straight to our correspondent georg matthes, who is on the story for us in brussels. did president erdogan get what he wanted from the europns? georg: judging from the fact, bren that he left via underground parking without giving any statement, my

presumption is that he did not get what he wanted, at least none of the conditions mentioned earlier when he arrived in brussels, concrete help with the refugee crisis in turkey and helped with the nato lights as well. brent: we have to say, this latest acu e crisis started when president erdogan told refugees and migrants that you can go into europe, the border is open. were erdogan anti-e.u. able to find common ground here-- and the eu able to find common ground here? georg: it was interesting listening to the press conference by the head of the european commission and the head of the european council, and the language they used was constructive engagement they share different opinions. if i may translate that diplomatic language do you call it basically means zero movement. what she said is that the tricky refugee deal is still valid, and

that there is now a fact-finding mission spearheaded by the diplomatic chief of the european union and his turkish counterpart. those two men are supposed to single out to map out areas where they will check whether turkey refugee deal holds or potential problems are. brent: what does this mean for the situation at the border between turkey and greece? georg: it is really hard to say. von deland said that the talks were good and a starting point. the situation on the border, i would say for the moment a means not much change. she said there is a move forward possible, provided it is reciprocal, and we will have to see really to what extent this pans out and to what extent erdogan refrains from further

propagations sending people to the border. brent: we will see. georg matthes on the story for us in brussels tonight. yes, it is true, the most recent focus of the migration crisis has been the greek-turkish border, but tens of thousands of other migrants are currently living in overcrowded camps on greek islands. berlin says it wants to help greece by taking up to 1500 migrant children to other european countries, and it says it is looking for a coalition of the willing among eu states to do so. reporter: sick and defenseless. of all the people filling the greek refugee camps, the children perhaps several the most. some of them now have a glimmer of hope. germany wants to help. "as germans, we feel a sense of mutual responsibility for protecting these children, some of them are ill, at risk,

unaccompanied, or in a difficult situation, and need our help. greece cannot deal with this without support. that is why germany will play a fair part in a coalition of volunteers." up to 1500 children could be taken in by europe in this way. right now they are stranded in refugee camps on the group ag and islands. -- greek aegean islands. on the island of lesbos, there are about 7000 children. many are there without the parents. many are traumatized psychologically and physically sick it at the moment there is only a small team of doctors taking care of them. the german government wants to show its humanitarian side and help greece get through the crisis. the greek government is under a lot of pressure. videos of life on the greek-turkish border are upsetting. since the end of february, when rkey opened the gates to

europe, tens of thousands of refugees have been making their way to greece. once there, they are stopped from crossing into eu territory by border guards armed with tear gas and rubber bullets. "in the last 10 days, we have shown that we are capable of defending national and european sovereignty. greece and europe will not stand for extortion by anyone." he welcomes the german initiative and considers it a first step towards the easing of tensions. but it is not enough. "we talking about over 5000 children. priest can take empty care of -- greece can take care of significant number of them, but the rest must be dissipated among eu countries." for some children, the coalition

of european volunteers would be the answer to the problems, but only if it comes in time. brent: we've already seen it in italy, concerns over the coronavirus has seen multiple sporting events when is the fans. now the german football league is contemplating holding the latest round behind closed doors with a final decision on tuesday. on sunday it was a packed house in munich, as bayern recorded a 2-0 win over a club that fired its coach. reporter: he scored when you made his first bundesliga start against oppenheimer last weekend, and the 18-year-old that command once again took the place of the injured robert lewandowski up front. ahead of takeoff, the german health minister reported that -- requested that large public events be canceled to stop the spread of the coronavirus, but he was too late for this

sellout crowd to put on a display installation of the club's 150th anniversary. buyebayern wore a special kit fr the occasion. this effort in the 11th minute was too easy to handle. bayern didn't have a real chance until the final seconds of the first half. bounced over the cross bar. but he got another shot early in the second half, and this time he made alex board pay. a beautiful long ball, and guiding it into the net, 1-0. he can't -- caught bayern on the break in the 90th minute. but you can tell from this

reaction that this was not going to count. you be the judge. off-site, according to the referee. and then bayern struck the final blow in injury time. much to the relief of the coach. hitting the target to round out the 2-0 score line. >> i don't think in the coming weeks anyone is going to look back and say we didn't perform our best today. the lonely look at the score and the fact that we won, in the end that is what counts. reporter: it was a happy birthday for bayern munich, who maintained their lead at the top of the table. brent: here is a reminder of our top stories. the dow jones industrial average marked its biggest one-day loss 2008 after a day of trading turmoil. indices across the world slumped

into a sharp drop of the price of oil and fears over the impact of coronavirus italy has drastically restricted movements of one quarter of its abolition to stop the spread of the virus. around 16 million people in the north will be cut off from the rest of the country until april 3. the swedish-born actor max von citsydow has died at age 90. he first came to prominence in the films of director ingmar bergman. his career spanned art-house dramas, horror movies, and hollywood blockbusters. his big hollywood breakthrough came with the role of father merrill in the horror classic "the exorcist."iraq into his 80's and one of his -- he worked well into his 80's and one of his last roles was in the tv fantasy blockbuster "game of thrones," what is most iconic scene was in the ingmar bergman film "the seventh seal," in

which he played chess with death. we will leave you with a short homage to max von citsydow. >> the power of christ compels you! the power of christ compels you! [captioning perford by the national captioning institute, which is responsible for its caption content and accuracy. vit ncicap.org]

thank you would you know from paris on france twenty four the headlines this hour. black monday billions wiped off global stock markets as corona virus face combined with an oil price shock sanchez low what major markets of hosting some of the biggest losses since the two thousand eight financial crisis. turkey's president calls on europe to taking more syrian refugees richard five oh to one is holding talks with eu leaders in brussels last week he was accused of blackmail he opened the borders greece. and in mexico and national strike for women the following yesterday's protest march women of all walks of life in old industries are taking action