tv News RT March 16, 2020 1:00pm-1:31pm EDT
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bless. you. right now it's just an 8 pm monday night here in moscow good evening headlining this hour u.s. stocks continue to tumble despite attempts by the federal reserve to smooth over a coronavirus induced panic as markets all run the globe and look to fend off free falling prices will bring you up to speed on. other aspects with infection rates increasing dramatically we are screwed we're now in slovenia and philosophers. every day life could be affected now as decision makers would a quarantine themselves. not be seen. completely. strange times while critics accuse the u.k.
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government of pursuing a high risk strategy there for battling covert 92 officials suggested to allow the disease to sweep through the population to create what's called herd immunity we asked people in london what they felt about that but. when you say we put it to say we can't you know the hardest to speak with me. and some other news an independent inquiry into child sex abuse in the united kingdom finds that the internet is facilitating a sharp rise in predatory behavior with police struggling to respond to the growing threat. by their welcome when i was kevin owen here at the arts international world news center where this 30 minute live update for you and 1st the news the fallout from the corona virus continues to sink kid it seems tonight the contingency plans are not stopping for. actual markets from plunging worldwide america's dow jones index
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has dropped another 10 percent within moments of wall street opening up on monday more girls who have a cd of correspondents across it i suppose it was to be expected to spoil all those measures that us put into place the last couple of days never the less rather than coming things it seems to go worse march madness because a coronavirus was going to go what do we know while the zuni one way this is going and it is going down look at yourself in a matter of weeks the dow jones industrial average this is this is an average of many major corporations so an index of their stocks the average it is plunged to levels that we saw that the world was at in 2070 so over the course of a few weeks we've raced all economic progress made over the last 3 years and this is still early days yet i mean the pandemic in the united states it is predicted to get much much worse and essentially what we're seeing is the equivalent of a run on banks so if
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a bunch of people run by sea to try to get their money out this is what investors are doing now with the stock markets with the stock markets in the united states and. their reaction has been so far to come out and say they're obviously trying to avoid inciting panic they're trying to calm everyone down and they're pulling money out of thin air billions and billions 700000000000 that they announced in financial measures which is quantitative easing which is a bailout which is essentially printing money pulling it out of thin air and giving it to bags the whole point of this is to keep keep banks running what is a bank to bank has money what does it do with this money doesn't sit on it it gives it out so it gives gives it out to you you're a business you're a mortgage owner you get all this money and here's the bank it has hardly any left suddenly all these. debtors all these the. does come to the bank and say look we
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want our money back. but the bag doesn't have any money i mean you've got all the money you pay every month you pay every month the situation we're in now is the entire industry is collapsing all manufacturing italy is on lockdown and the banks rule exposed to this so nobody's paying the banks of the bow of the banks car pay the eventual you know the people who invest that money in the bag and this is this is where we're at now the united states government others are trying to stop this trying to give banks money so they can keep the economy running this whole thing is really rammed home i guess isn't it the more we're getting a handle on how big it is what a small world we live in how this affects the markets around the world who is globalization global is it 1st 1st it was china they shut everything down this was you know this was the 1st warning bell because this would this is a knock on effect the entire world economy is interconnected a small bag somewhere in chicago has all to mentally an interest in keeping things
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running in china because see it own stock in apple apple produces its phones in china so then surely there's no phones being produced in china. no for new phones being sold so the bank takes a loss ultimately it's all a knock on effect and we're seeing this across the entire world everybody is cutting rates a lot of people here you know the phrase cutting rates and have no idea what it means basically this is the interest rate that banks charge each other anymore and that one will the very it's the the squash the to near 0 which means there's going to be huge inflation but what they can continue doing is printing more money and they've now announced 8 of easing in order to allow this bailout was back in it was another story nothing nothing faith trust you know trust in god trust the dollars so you can you kind of get a silly or a bit of a precipice here is the days go on you hear more about the doom and gloom come.
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listening in the u.k. tonight i'm not expecting it to the making contingency for maybe 8000000 people in hospitals and worst and that's just britain look at the whole world what's been done so far we know what's been done so far but recap it for us and what difference is it going to make than if we're only on a precipice into something much bigger will the point of all these shutdowns all these qualities is illegal and locked out of china given locked out isn't to prevent the public from getting the virus it is to slow the rate that the public gets the virus so that there's enough hospital beds ventilators for people so people go in batches rather than everybody at the same tired which would equal many more unfortunately deaths but for now on the financial side of things which is which is what is keeping the world together they go to continue their to continue with printing more money giving more money to banks to bail them out and to sort of offset all the industries taking such a huge loss from tourism airlines the manufacturing financial services everybody is
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suffering and they're trying to mitigate it also we're in this thing could go on for 12 months briefly while the could go on 12 months it could go on 6 months is you know where we will get it when our profits will win over the pre-decided like what's been done. as i said more quantitative easing and rate cuts they're going to keep rates of this is this is to stimulate borrowing to stimulate banks to give out more loans on top of loans that are being paid back so that we can at least pretend that things are going on as as usual we have these fiscal measures out there and they're very powerful i mean the sum total as well over $800000000000.00 from our foreign. to $800000000000.00 that they've now that they're now promising to print in addition to the $700.00 that they've already guaranteed this is it is sort of kicking the ball down the road. eventually all this money more than
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a trillion if if though those $800.00 a pretty to get more than a trillion dollars that people are going to have to pay back this is banks this is ultimately borrowers that are going to have to pay back all this huge amount of money but there's no alternative to turn it is to watch the entire thing crash and burn and the europeans especially worried about it in need to restore global economic confidence we support our companies we support the small and medium enterprises and above all we support people we support them in their jobs we support them with their income losses so right now the focus is on strengthening our economies and investing what ever is necessary to have the economy going on further. there is a lot of tension i can guarantee you at european financial institutions financial
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institutions all over the world because as the future as things stand the future looks very bleak because you will have hundreds hundreds of millions of people all around the world sitting at home without jobs and entire interests industries at a standstill but everyone has to eat you know their loans to pay their responsibilities that must be attended so it's anyone's guess uncharted territory how this is going to build more conductors later if we have more headlines coming in by the minute on this no suspects who people ever see a correspondent there but of course there is the question of in these uncharted waters i was talking about who's going to run the place the spread of covert 19 is taking its toll on big decision makers to the sickness striking down many in the corridors of power only human after all the growing number of lawmakers falling ill is causing concern over how effectively governments will be able to coordinate their responses to the break now.
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take a breath get a sound head on this we spoke to the celebrated slovenian philosophy. about the pandemic what he did like in the crisis toward time snorer but he emphasized to the need for meaningful international solidarity and help each other out a bit. in previous cases people were thinking just about isolation and so on until one day i shook we are becoming aware that we can't go in there unite that coordinate that way we are all the entire humanity in we did in the same boat the big loser i think will be precisely the nationality racist and to want within our country to isolate itself until of course we need to get an inch and went for example take europe we should act in a unite that racial pinky trod that week that great that street mosques whatever he
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whatever is needed and go on and so on i think that. in this sense we should be shape reality in the middle of the military operation we should be i'm not here appealing to some kind of abstract sense of. it keeping our interest it generally now. they will get an even stronger probably epidemic and go on and to want so it can think obviously that it is something that is demand from us but if sadly if we think as a national. gap that we step back and reflect what this our molder for life how should we change it because we should be aware of why and think it's not grass let's just go on galilee and in the we'll tell you man it will be over baby in this epidemic. in the fall and that it be
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damie identical article about what it was i think that even when i think we'll go but it doesn't. it will not beat the same normality. we leave now we'll get to change over mode of light levels you're talking to us well while many countries are implementing aggressive measures to try to contain coronavirus the british government has been sharply criticized over its perceived lack of action of particular concern to many people has been a suggestion that authorities will attempt to control the rate at which covered 1000 suppress the view to developing widespread immunity among the population. in terms of building up a unity within the u.k. what i mean what sort of percentage of people need to have contracted the virus probably about 60 percent or so of the latest stats as we know them tonight in britain the number of cases has exceeded 1300 with 35 dead as
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a result of petitions been launched calling for schools now to be closed across the cross the country boris johnson's said no to that so far the government has also stated it plans to ban large events after delaying on that decision additionally the u.k.'s health secretary was said that people aged over 70 could be isolated for up to 4 months that's brought a lot of concern amongst said people we asked the population in london so when we came across what they thought about the government's high risk approach to tackling the pandemic then. it's probably true if you take you know you but i don't really describes how you 1st detect responsible occupation you really can't afford to be nobody needs to be put at risk for a situation like this i can see the argument doing that but really i can also see the intake say we're going to you know a host of people to get that i asked you to explain make and that which sounds we've come down to date. which scared to justify this but we got to we are living.
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overseas i don't say to far this is a peak until about 10 weeks time so that's when i will get really concerned with what we don't know yet is full range of data and evidence that we would need to know whether or not we do become immune to this virus possibly we think it's a great strategy possibly so wrong so i think you don't know but nobody seems to be giving us all the range if you want to yank what tells me you know is an associate professor of infectious disease model of the university of warrick in the u.k. explain to us the thinking behind the government's approach. to herd immunity is that when enough people have been trapped by the virus then. the epidemic will eventually die out so essentially what we're still trying to do is we're trying to control the outbreak so we're trying to put in interventions that will delay the peak of the epidemic and also reduce the size reduce the height of the
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epidemic at the point to the certain number of people would be infected then it could no longer in fact any more people because the sensually people had all their contacts and been infected and so in reduced to a low enough level and that the it that the epidemic would die at is a risk to have we know that the over seventy's and particularly you know the eighty's. because they may have underlying health conditions are more at risk so on . basically you want to protect. those people in the population which is why these sorts of measures are being considered it's really important now that we keep these good hygiene practices that have been recommended to keep necessary isolation and quarantine policies i mean and the crucial thing here is to reduce the demands on the health service to make sure that those people that really do need a hospital can have access to it well here in russia the number of confirmed
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coronavirus cases is not reached 100 don't call it is in central moscow for us with details on the u. measures being introduced to help the spread here. russia's corona virus infections have jumped to $93.00 people only 7 of which were actually infected within the borders of russia the vast majority came from abroad and the whole situation has really set off alarm bells with officials moscow's now banned public gatherings of more than 50 people until april 10th schools and universities will also be closed by the end of the week for about just under a month but students will be able to continue their studies over the internet now russia's also decided to close its border with neighboring bella ruse to halt the spread of the virus as for russian nationals returning from the u.s. and europe they'll be confined to self quarantine for 14 days president putin's also already ordered the creation of a new group within the state council to address nationwide mobilization against the spread of the corona virus and starting tomorrow special volunteers will be sent to
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all of russia's virus stricken regions to help the most vulnerable the elderly to get through this difficult time but most of all moscow wants to make sure that a panic doesn't occur and it's assuring everyone that they need to stay calm. for more coronavirus news business next something else the leader of israel's new white party but against has accepted an official request from the president to try and form a coalition government there it comes out a long time rival live by the minute who was endorsed by a majority of lawmakers in the knesset of her 3rd inconclusive election in under a year nick here and discuss the prospects of a new look government then with middle east correspondent bulles leah. what does this mean for benjamin netanyahu. well it's actually not good news i mean he's going to be hoping that there's going to be a 4th round of election he's also very surprised because he was the one who actually won these elections and. particularly from his voting bloc was that he
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would be the one to form the next coalition government what are the chances that guns can become the next pm look at this stage they seem quite small he's facing 2 main problems the 1st problem is that he's formed a coalition between our parties and a right wing political party belonging to a former army defense minister avigdor lieberman they are not natural allies so you'll just have one issue that will be wrapped in the 2 sides will fall apart guns also faces threats from 2 members of his own party who say that because he's formed this coalition they are going to withdraw and if they withdraw he won't have the 61 majority that he needs at this stage however the country's president we've been living in has tossed guns with forming the next government or at least trying to pick the law gives you 28 days beginning tomorrow to form a government this is a short amount of time but given the current circumstances of national and international crisis even this is too long. i will do whatever it takes to form within a few days as possible national petri arctic and broad government so if guns doesn't
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manage to form a majority coalition one next. well then they're going to be for the elections and the question here for everyone is how do you hold elections when you have the coronavirus epidemic at the same time israelis are really fed up we've already had 3 elections here in the space of one year and it's costing the country a fortune but that will be the ultimate solution or at least the next step. and if it goes through a 4th round of elections would that benefit netanyahu or guns it will probably benefit netanyahu because we have really seen a lot of criticism from the guns camp he campaigned on a ticket where he said he would not have anything to do with the right wing political party they now have come on board and they complained on the ticket saying they have no. thing to do with the arabs and here you see them forming some kind of alliance so that that kind of support is going to be lost also than city wouldn't have any kind of relationship with the extreme our parties party called balad and he is having a relationship he needs them for the 61 coalition so people are likely to say the
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next time around hang on can we really trust guns can we really trust the coalition that he's going to build now let him know his corruption trial was due to start tomorrow tuesday but it's been postponed because of the coronavirus pandemic now what impact did his trial have on the elections where you might think that it might have had to make it impact but actually it had the opposite in september he won 33 seats and this time around he won 36 seats so with these corruption trials going on behind the scenes his support particularly from his base has actually increased and this is because people say they must be unified against what they see as an attorney general that has it out for netanyahu against what they call a liberal. media so it's actually banded together the netanyahu supporters. a couple of days ago a truck in the vote in france that went ahead despite coronavirus a risky move but people turned to the polls not that many of them in the local
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elections the country declared its largest spike in coronavirus presence among them across defended the move so in discipline health and democracy go hand in her own. home i am the guarantor of the safety and health of our fellow citizens of the democratic life of our country i think it's important to vote at times like these to have this discipline to respect these rules because i think it is important to continue to be with the free citizens. so low turnout maybe unsurprisingly the 1st row turnout was a story less than 50 percent significant drop of numbers than from a previous vote in $24.00 to sort of try to calm fears sanitary measures were up to polling stations with sites being regularly. francaise over for. 1000 confirmed cases of the virus right now $127.00 deaths paris move to close not essential public spaces such as cinemas and restaurants present mccrone has said the lockdown though there is not imminent but mass gatherings have been banned across the
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country that left many questioning why the local elections and still went ahead. i wore glasses i have my own plan i have my indeed some else in. life is a restaurant owner i find it a little unfortunate that we're being asked to close i was struck this months but at the same time well loud to hold elections it's completely contradictory these are 2 decisions that are in my opinion a little irresponsible on the. reasonable and follow the guidelines i think everything should be fine. critics will you sense our actions are taking place in here but i would have preferred if they were given situation we heard from paris based political commentators on brit moore who thinks it was unfair to close restaurants and 7 years while leaving the polling stations nonetheless open. it's ridiculous because what is the name of the democracy being. many people in the would because of the insane to close. in the elections go when people
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are injecting each other in the. polling stations and. i mean now they have a problem because they don't know how they're going to have the signal because the so-called you know the situation is that they're heeding they did the so they're likely to want to get answered so going on within the 1st one we're not. going to do tional because the 1st 2 hands have to be when we get past. the greek oliver less bosses sliding deeper into crisis for the number of asylum seekers they're no swelling and opposition towards them growing at the same time plus on top of all that the prospect of coronavirus tearing through the overcrowded morea campus also causing tensions to flare and even aid organizations facing a slitty evangelist sepsis reports from there. the greek island of les paul's has a 3 week conflict on its hands as europe's front like to the migrant crisis some
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locals are taking more of a stance against the swelling numbers of refugees on the island and the ngos have been drawn into battle 2 reviews of people but not small couple of 100 they start blocking the streets stopping cars that many and just a bunch of that were stuck in the vans while they were stuffing their rental cars and there was just much in them between them throwing stones at them they can be put out between people we've been given only. chasing also. volunteers so they said they might be safe from now of people that work in indio this is because they. want to bust the message that n.g.o.s profit from human suffering finally we got the permission to dock in this part in a t.v. need we think it's a very good sign from the authorities the. they made it possible to sign also to say that it's not just the group of pressures that are going to take over. how
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things work on this island the migrants remain in overcrowded facilities with lack of hygiene frankly living in terrible conditions in a desperate move to try to pursue some of them to go back home the e.u. is offering 2000 euros as bait but some of them have traveled so far is that money really enough to make them go back if i go back tonight i'm going to kill me so the 2 main. role would not take me back to 1000 so that would be. 2000 euros is not enough i come to love my country for money i love because it wasn't safe the few protected. the 3rd front is the one created by a right wing greeks who do not appreciate their picture a sick island turning into a giant migrant camp something more getting up assessment every day these people pass through our town without asking anyone they come and steal from us people here
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a fed up that's why we decided to make these barricades we gather here as often as we can to prevent the refugees from entering the town and force them to take another route we have never been aggressive towards them and we have never clash with them on the contrary they come in gangs and try to argue with us for a special moment but at the numbers a main goal is to protect our village the soaps and banks and need to linny where do they want to pass through here and since the growth of virus has been confirmed to mid to linny that's another reason to prevent them from entering here this additional struggle now seem local speed very big price tourist season has become something of the past and businesses have even been forced to put them shutters for good and there is very much in our life here is horrible we were happier in the past they robbed us destroying our properties they even break into our houses most of the shops are closed and the refugees are the reason there are 25. thousands of them and only a 1000 of us. lesbo says the island that has been suffering the most
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the morea camp is overcrowded with refugees i believe we all have to sit down and find a solution because we can't live like this anymore our town can't survive like this we are fed up. this island might be a tiny greek paradise that the sun shines all your realm but down here on the ground it's clouded over fear uncertainty endanger the bench will subside us from lesbos greece party. an independent inquiry into child sex abuse in the u.k. is found on the internet facilitating a sharp rise in princely behavior in the police is struggling to respond to the growing threat according to reports findings 11 to 13 year olds are most at risk it says as many as $450.00 suspected paedophiles arrested every month and he stresses that the scale of abuse is likely to be considerably higher than the official figures show the inquiry also notes that many internet companies are failing to provide adequate protection for youngsters using the services.
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