tv France 24 LINKTV March 9, 2020 3:30pm-4:01pm PDT
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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 to
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highlight the country's shocking right. tonight. well we begin with the sound off on global stock markets prompted by fears about the coronavirus and made worse by a row between saudi arabia and russia. which sent oil prices down 20% in london the fifty one hundred almost 9% its biggest one day drop in twelve years. in new york trading was briefly suspended and when it resumes the major indices fell six points weston pony has more. dozens oforried phone calls at this parisian trading room the french capital stock exchange plummeted more than 8% on monday. the latest dp in a two week decline. okay around the world stock markets have
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also been in freefall trading rules of the new york stock exchange triggered a fifteen minute trading suspension after the dow jones and s. and p. five hundred. open down than seven percent. the reason behind this market crash it did this combinaon for the global economy. on the one hand and bill price war between russia and saudi arabia which sent the price of crude tumbling more than 20% of the large drop. since the nineteen ninety one gulf war on the other hand the corona virus epidemic which has investors spooked. they should take the longer the stocky leading downtime lasted week if you stream or negative effects there will be on the overall economy we'll see the risk is that some countries start entering a recession because- the corona virus threat to one of you lose explained. on economic growth equity. francis economy minister met with business representatives on monday morning as the french central bank downgraded its predicted growth for the first quarter. from zero point three zero point one percent. tourism and transportation have been
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especially hard hit. to the best issue for that we talking about a 60% drop in revenue for caterers a 3240% job for hotels 25% on average for restaurants and even bigger numbers for those working in events management six of the in motion. unlike germany and italy though france's central bank has not yet mentioned the risk of a recession for the country. well the rate of new infections in china where the outbreak began has fallen significantly just full seat new infections were reported nationwide on monday. empty beds in one of wuhan's makeshift hospitals weeks ago this sports stadium was packed with patients diagnos with corona virus as china sought to coain the sead of the disease. now staff members are removing medical apparatus as the final patients are discharged on sunday eleven of the sixteen public facilities
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converted into makeshift hospitals were suspend as new cases in the country continue to drop. as the last patients left many x. gratitude to the men and women who put their health on the line to save other people's lives. that sounds like it's hard to say goodbye we built an emotional bonds between us as- i promised them that if they come to wuhan again. i'll take them to try your local delicacies yeah. the decision to close most of the hospitals in who they province comes after china reported just forty new casesf coronavirus nationwide on monday that's the lowest daily increase since the outbreak began in january. what the epidemic in prevention control situation continues to work well. well provinces except who may have been seeing single digit new confirmed cases since february twenty seventh. on on march seventh and eight that was zero new confirmed cases in those provinces children the only.
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last week a senior official hinted that authorities could soon lifted travel restrictions on who they province the lockdown which began on january twenty third has kept some sixty million people house bound. two of the news and turkey's president erdogan is in brussels tonight where he's been calling on e. u. countries to share more of the burden of looking off to syrian refugees. the latest accuser one of blackmail after he abruptly open the borders last week announcing he would no longer abide by it deal with europe to keep migrants out thousands of people have since mast at the land border between you and that greece and turkey for the very latest it's going to. thank you is that first now. any time the two sides have reached some kind of agreement. definitely not said this eting does not appear to have gone well about forty five minutes a- the turki side essentially walked out we could all of a sudden see the police escort lights flashing outside
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which was odd because we hadn't been told that the meeting was over- and then we heard that- everyone had. left the building very abruptly with no press conference now we did have a press conference from providence. plan and president michelle the e. u. side they were putting a diplomatic face on it but it appears essentially they can't come to an agreement about what they agreed in twenty sixteen. the terps side vehicles that the e. u.'s side of that deal- for pitched key would stop migrants coming to the e. u. border in exchange for. under six thousand five to help carry them up into. how do you like you. being that's because there were a part of that delivers to be envious of the- scheme the really has gone anywhere- and so we could tell from the press conference to put. a that the two sides are at very different points now presents line data eat. is still. fact the two
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side have agreed exactly what it means. to employ it but- so that. of the council to. tonight's meeting if step that's definitely not how it was being described earlier today so it appears that the two sides. are just very far apart- on exactly what the deal means and what now remains to be seen whether this causes the g. to really unravel. we were told tonight that you. hawthorn chief justice burger will meet with his turkish counterpart in the coming days to try to come to some kind of understanding about what. is required by the twenty six a- it's of the turkey side on the- side. but really it it doesn't seem when i'm talking to people on the east side. it really is sound like they have. that agreement. like me were to. i did not end well i thank they take a that was very nice from brass what's took more about president erdogan in you on by some even note historic at the department
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of turkey studies at the university of strasbourg thank you very much indeed and- no sir you just heard from our correspondent in brussels in a patient's president owned one. brought out of is to with a yearly at the two sides apparently unable. to reach an agreement are you surprised by that not to tell the bill i'm hearing the same. information from my colleagues in brussels and the fact that the turkish delegation left to very quickly the meeting and there is no- any comprehensive for. a press conference showed that yes the black male didn't work that time but we will see you of course will continue. there will be another meeting between seoul foreign ministers and maybe they will they will reach an english edition and the result of negotiation. anyways. all calls later the did all told. sixteen oh was calm to.
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it's one the at all knox. from the roof union side because of the a game all the press. but also it was. unacceptable from the turkish starts almost five million people that's your call refugees but most of them rough edges that actually- are stuck in turkey and turkey. is using these are people these four displaced people as a weapon as tool of pressure on the european union so what do we expect that. this is the real. world put your case. sorry but are you referring to the three point five million people who are seeking shelter in taking people who have come from syria he will fleeing the war in syria they will. be tested refugees within a- actually the is now the rest from syria. as usual first of all the not. the two have the stuff to of refugees there's no single record joel syria and short.
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because turkey has signed up to. the you're the geva convention on the only the the political of late this week the seventh. but keeps the limitation- the djokoc limitation so there is no one from. will can answer in turkey and claim a sylvia and refugee studies that's why precisely that this vehicle is. it cannot work on the other side of the street. refugees between quotation marks i have a temporary stop is that why they won't home. call people were trying to from sir. through. european the european. are not. only twenty per also you're- do you use majority or off. or boxes. or a- but he will not have this. what we did that come to we know the exact national or origin of the people trying to cross into greece but i think. i think so
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we can agree that they're all refugees who have had to flee the- state in syria which has been going on. for nearly a decade now. and the rest. of the start of the project. okay the syrian they're awesome refugees who had to flee the country because of war conflict we agree on that night. we'll help give. the same birth which is at the heart of the problem there is no iurance. d. one single syrian refugee. that is why they are trying to escape because they called however the status of refuge sir can y- can do revisions okay from europe you can also claim the sassy women turkey and as european you can obtain this. not syrians so what do you think if i add the taxing the europeans can come to some kind of agreement. well of course they will lost more moy. they will snd more money on the
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one hand and first and secondly they will also european union to close our eyes to human rights violations today by coincidence after this very badly needs and- also. come up with a hostage in the token a turkish prison has been charged in another in the third. position of being a spy and so you see that there is a kind of pressure on human rights from traditional broker side it's not. the principles. so think they will bit find a agreement it will be more money. and more. will be your old to the human rights for. okay all right some i could not have to leave but thank you very much. now for the first time in its history lebanon has defaulted on its debts the country owes around ninety billion dollars that's around a hundred and 70% of gdp pays the country was due to pay a one point two billion charge. this monday but this is the payment. and is asking creditors to negotiate it comes as the new government tries to
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restore stability. up to months of nationwide protests catherine get reports. one point two billion dollars that's the amount of the payment the lebanese government was supposed to make on monday. but for the first time in the country's history it will default on its sovereign debt payment. with the country in the midst of a major financial crisis the new prime minister addressed the nation on saturday. enough the i thought you know i mean i don't want to sob. our reserve of hard currencies has reached a critical and dangerous stage. so the government will suspend its debt payment on monday. because these funds are necessary to provide basic goods to the lebanese people. the shop in lebanon. with dad more than eighty billion euros or about a hundred and 70% of gdp lebanon is one of the world's most indebted countries.
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the prime minister has promised to restructure this debt and carry out a series of reforms against waste and corruption. officials have already asked the international monetary fund for advice and technical assistance. the lebanese pound has lost 40% of its value over the past few months and there are fears it will slip lower yet. in response the government has limited the amount account holders can withdraw from banks. the ongoing financial crisis is considered to be the greatest risk to the country's stability since the end of the civil war thirty years ago. it's triggered mass demonstrations and the resignation of several government officials. to afghanistan where two men have each been sworn in as president after they each claimed to have won last year's general election. asher connie was handed a second term after the electoral commission said he had come out on top but amid claims of rolled his rival abdullah abdullah. is formed his own government's history comes ahead of planned peace
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talks with the taliban james. asylum a lot. five months after vors went to the polls afghanistan's leading political face this one in his presence at separate ceremonies. which is incumbent on shift honey takes the stage in front of foreign diplomats rocket seek the grounds of the presidential palace. we have seen bigger attacks don't be scared of two explosions don't sit down. an attack claimed by the islamic state group. i'm not wearing a bullet proof vests. only my shirts. i will stay even if it costs me my life. meanwhile in the nearby cepeda police his rival abdullah abdullah took his oath maintaining that the polls were marred by fraud and corruption claims that were recognized by the electoral commission. mode as a
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volunteering our election campaign we promised people that we would not accept any government selected fraudulently and we stand by our promise. the two men had previously formed a unity government but the rivalry continues to weaken the state's standshead of planned talks with the taliban on tuesday. the us signed a peace deal with the taliban just over a week ago. but negotiate ins within the country's own parties remain crucial to drawing a road map for afghanistan's future. now to mexico where women are on strike across the country in a bid to highlight the country's shocking number of femicides. last year over a thousand women were killed in gender based violence. yesterday some eighty thousand people marched in the capital calling on the government to access. let's go to mexico city for the right young grill is a day for us- and yeai mean if he is the manager of a seven
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year old school girl and a twenty year old student. at will really really they lost all the women in mexico. yeah is being- growing and growing for years who never really grew tool that is- and this case where you had a young woman who was. kidnapped murdered and skimmed a lot and i saw how she skinned nobody was stopped so dry very brutal crimes. a seven year old girl who sent mutilated. so people came out on the street in a small collective originally started as a deer strike. and it's been incredibly. a national. round now maybe because the club because- most of the- were. so you said we to call today. the schools have closed added really quite amazing thing i will see if the government can respond to this. and i teach one. moderate women. because the government and in particular the president- mineral office over there has been somewhat criticized. for
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his response to this hasn't. yeah he has he looks a little. has made a big statement so what i support. these courses because some people who are using this bond out to try and go against me so he feels that these things. are trying to stabilize him that is correct seventy four seasons the protest you somehow against his government now i think the protesters are against whoever is in power. they simply want to try and push to try to have a better resolution of cases a more justice so i'd rather just increased warning this because- it's kind of crazy this friction. between him. and ask him to. are there any explanation as what is. the hi ray offenders this whole rate of against women in mexico. yep it is part of a bigger problem the collapse of public security i mean in in mexico last year you saw a total. of thirty four thousand five hundred murders not as many more murders of men
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but they are different cases much of t men are more likely to be often themselves. involved in organized crime cutie shootouts and that kind of thing in the women in many many cases they kidnapped on the street killed by partners. you know i and often there's a rape is a well involved in the murder. so what do you have a real cracks in the justice system. and you have problems of sexism of macho behavior of domestic violence going back for a long time. it leads to this this situation. and so a lot of the test is a kind of awesome for both. resolution cases in the justice system in the places sold them and also cultural change in mexico i know and- and changing somebody's mood macho bodies not bodies. more difficult to have to impose more in line with the kind of me too movement. and things around the world today. younger i thank you very much and date. let's get an update now on database
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days waycross. at a here this that and the calling it. mon at several psalms markets are the world that's right like monday in. fears over the current buyers continuing to weigh on global markets. wall street with its worst day since the financial crisis of two thousand eight fueled by a nose dive in- present at that moment. for now though let's take a look at the figures read across the board on those u. s. rkets. trading was temporarilyalted shortly after the open so called circuit breaks designed to cushion losses taking effect. since seven dow jones did even worse actually finished the day down nearly 8% there. it's worth droppg points ever. s. and p. not far behind interest rates on us gernment debt hitting all time lows meanwhile as investors turn to safe asset. your tears rolling today with some heavy losses well. let's see down more than 7% levels not seen since the accident but in twenty sixteen. thank god and it is also both around percent. shares in it the in more a per. ancaman hard
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hit by the off brands could i thought and not all steep loss. all oil prices mean their biggest why day drop since nine ninety one brent crude benchmarking down more than 23% to almost a quarter in one day now trading at around thirty four darle dollars a barrel. after saudi arabia slash prices over the weekend the parent plans to ramp up production movie came after russia and the clients agreed to production cuts last week saudi authorities actually gambling they can dominate the market with low cost oil. never more honest heavy losses in the market are joined in studio by friendly gonna. investment strategy consultant with pictet asset management to start off very simple- where the loss is so heavy in both europe but also on wall street. i think the markets were very friend gentle ready because- he's a beating me became abandoned me and- everybody's scared about- some slowdown in the economy. with the numbers in china i'd been very heavy you know and minus 90% into sales for example. a so if it goes through the world you know you
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can have a really big slowdown so that's the first thing and the second thing. you know- drop what does it mean for you to drop in all your stocks but but also a program in the credit markets. when you look at the markets increased market is a u. s. there is a big chunk. off all your producer you know a shale oil and these companies are very for jonathan just got kind of levels so the- intestinal cell the end he's on credit markets. go down and then you have a question about you know. as a final touch shock on the- over company. so we have both this will prices because of. the losses everything. and you. out really a of these and he's trying to stop. they also at some right. they have to you know you're- it's quite an extra. day so it's we won't have this like that you know. all the time probably- you we waiting for central banks was amounts on. all four authorities- the sons of the fed now is you know a
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quiet zone because if they we have there- that meeting- next. next week- the ecb will have a meeting at the u. r. g. and- central bank of china appropriate probably pre party something folks what now the market expects he's not. you know just once on front man glad to fed cutting rates. but you know a big move off of a lot of centrum so then. probably the emerging economic and stuff otherwise you'll probably markets will be quite choppy- for the days to come. we start today bruno lemaire talking about- potential european response is anything governments can can do other than under that other than interest rates coming from central banks. the fiscal stimulus that yeah i think it. comes two minutes so over do you we can help. companies that that's okay you can see is or some taxes and also help. the speech company that i've you know financing problems because- you you may have- companies which is a very sound. business models but you
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know they need cash and the markets are close. though i think the government can help. we see this on the banks- this kind of company it is being done you know as young can be done as well in europe or- in america. final question for you here. the question should we care what's happening in the stock markets in ordinary people. care about it this is the victim. well i think you know if. you lost money in the stock market you can care about the levels but- when the bills lower you know nothing sorry- bad news because you may. i have some savings to come and invest in a cheaper cheaper markets so if you have a long term. view on the market this is. three to five years natural view i see it could be. made not true right now but these days could be a about you. to in. for growth. roger we ticket as a management you for your time thank you. we'll finish here in france where country's. min unveil a slew of measures to. as a the kind as worries over the corona virus not. come on that elect has the details.
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france is bracing itself for the economic fallout of the corona virus which the government forms will be severe. it's unveiled a raft of new measures aimed at supporting french businesses struggling to stay afloat. of consumers stay home one pronto would also keep us company we have a recovery plan that would include social and fiscal measures that should allow us to revive economic activity quickly. at some points we have to get the machine going again. and it will be a moment of truth for the european union. is anyone strategic objective is to restore the economy. be monitored because- companies will now be able to apply for an extension on the social contributions they need to make for each employee. number is on the brink of bankruptcy due to the outbreak could even have that texas caught waves out rights. france's public investment bank will provide financial support to small to medium sized farms. since the process of switching to a partial unemployment to avoid
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job losses will be simplified. some nine hundred companies have already asked for the manager to be appointed to a total of fifteen thousand employees. some sectors have been hit especially hard with cater is seeg a 60% drop in business. france and italy are both also calling for europe wide fiscal stimulus to tigate the impacts of nineteen. analysts warn the global economy is headed for a harsh downturn. mr coming ahead of a meeting next week with the finance ministers at paris will be expected to push for more public spending and will keep rising how that goes okay we'll have to wait and see what that one call thank you very much and they call us and get that to stay with this one using headlines coming up.
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03/09/20 03/09/20 [captioning made possible by democracy now!] amy: from new york, this is democracy now! >> i was at the ceremony when the gunshots started. i rushed toward the door to get the door to get out of the area but suddenly, my foot was hit by a bullet. amy: since last month's peace plan, there have been nearly 80 attacks in afghanistan. the violence could derail the deal that calls for u.s. troops to withdraw over the next 14 months. we will speak with "washington post"
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