here to ask. justin midnight here in moscow this very early tuesday morning morning that headlining u.s. stocks continue to tumble despite attempts by the federal reserve to smooth over that coronavirus enthused panic it says markets all around the globe look to fend off free falling prices. as the rest of the world overtakes china now confirmed deaths from the virus with nations that was seeking out beijing's advice on how best to deal with this pandemic. with those infection rates increasing dramatically coming up we asked for an ounce libyan philosophers level e.g. check with the real sound head on the course how everyday life could be affected as those decision makers know themselves start to go into quarantine. it to not be

seen. by the people we believe are. indeed hi there welcome my name's kevin lowe in here at the arts international worldview center this 30 minute live update as we bring you all the headlines and all the information as we find out about it and as the fallout from the corona virus continues to sink in it seems tonight that contingency plans are not stopping financial markets from plunging worldwide america's dow jones index has dropped another 10 percent within moments of wall street opening up on monday earlier discussed was driving markets to the what looks like at the moment brink of collapse with our senior correspondent more ghastly of. well there's only 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 out 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 essentially what we're seeing is the equivalent of a run on banks so if 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 that they're obviously trying to avoid inciting paddick 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 quantity of easy which is a bailout which is it's 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 in it it gives it outs and gives it gives it out to you you're a business you're a mortgage owner you get all this money and here's the bag it has hardly any left suddenly all these. debtors all these that is come to the bank and say look we want our money back 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 while manufacturing italy is on lockdown and the banks rule exposed to this so nobody's paying the banks so the brunt of the banks car pay the eventual. you know the people who invest that money in a bag how this affects the markets around the world 1st it was china they shut everything down and this was you know this was the 1st wooden bell because this would this is a knock on effect the entire world economy is interconnected

a small bag somewhere in chicago has ultimately an interest in keeping things running in china because say it owns stock in apple apple produces its phones in china so eventually there's no phones being produced in china. no phones being sold so the bank takes a loss ultimately it's all a knock on effect with genius across the entire world more quantitative easing and rate cuts they're going to keep rates of this is this is to stimulate borat 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 forward this is it is sort of kicking the ball down the road because eventually all this money more than

a trillion if the if the $800.00 a printer 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. turn it is to watch the entire thing crash and burn and the europeans especially worried about it 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 the future looks very blue. 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 there are

responsibilities that must be attended so it's anyone's guess uncharted territory how this is going to go years or so about uncharted territory indeed it is so but i also talked about the issue with economist richard wolfe he thinks confidence is slipping in governments and it's going to spell he thinks a major disaster like the great depression collapse of the markets today down 10 percent roughly here in the united states in new york city where i'm sitting is a clear very profound statement that the entire investment community which is not the small people who have a few shares i'm talking about the people who manage pension funds who manage bank quarter following those and so on have a massive loss of confidence in the government of the united states or in the private economy to get out of this disaster after a cut in the interest rate last week and even bigger double the size cut this week and the announcement of stimulus plans we do not see a recovery

a turnaround we see that these are interpreted as signs that this situation is out of control and i think you see that in the business community you see it in the mass of the working class you see it in average people everywhere we are out of stock in our supermarkets we are experiencing the kind of meltdown that you associate with events like the great depression of the 1000 birds. so the world health organization is announced the global death toll from the corona virus has now overtaken china as the ground 0 of course for the deadly outbreak. in the past week we have seen a reputed sky luzhin of cruise a soft core viewed 19 more clues and is now being reported to the rest of the world zone in china according to the latest estimates deadly cases from around the rest of the world have now accelerated past china by 600 or so it's not comparing

apples and pears but a proximately 16000 more people have been infected around the globe compared to the total number in china where the virus outbreak was 1st reported on monday beijing announced it was sending additional experts to help tackle the pandemic in italy it's been so hard hit of course the 1st team arrived in rome last week and it was so welcomed with tons of medical aid including masks and respirators it's been reported that italy's e.u. allies have refused saying they need to stockpile essential for their own citizens let's talk about that with dr pang packman wong acing electron economics and international studies at the university of bath nice place in the u.k. but not escaping coronavirus either of course and the worry over it wherever you are in the world hey sir thanks for being with us yeah ironic i suppose you could say that at the end of the day here italy's got help from china not its fellow e.u. members that you think it's closest brothers if you like would would come to help but not in a storm like this it seems you surprised. well i'm not surprised because the

main members of that you for example germany france. these are these these countries are all very p.c. in dealing with they're all caught on the virus brick and. medical resources are already poor tool to cure all of the citizens of mental ferret the entire 48 asked him how from the you'll however it didn't work that's why it only has to ask you when china is not out of the woods yet i mean ok things are better there but you know there's a big worry it could maybe. come back again china still found the means the ways to be able to help or you know work i mean i mean china to china italy has a very special crease because italy was the 1st country who signed a one by one rule agreement with china last year and italy east the only up to now

were the only nation among the tea 7 who signed initiative agreement with china so i believe as you totally has already extended how we question to china china has taken it very seriously but we're hearing more and more that maybe china's got lessons for the rest of the world and it was one thing when it was kind of focused on china it was in the back of the head people were taken in but now it's gone as a pandemic. are so many elements talk about where this ok when this blows over it could be a couple of months we're hearing tonight no a rush is going to going to go into a lockdown for foreigners people like me until may so maybe that's a month longer than we thought it's going to be but then we hearing in britain could go on for a year as and when the medical aspect of all this comes down a bit what's the economic side going to be like we're hearing a horrendous forecast whether you think it's going to be. well i think our dorm or try on the press of the bureau's this has already tall the topic that the

u.s. is only through into recession a summit off the call no virus it's not only affecting china it's all sorts disrupt major economies in europe and in north america. disrupting all these global supply trends saw i believe we are actually already enter into recession globally. final 4 going back to the italy china relations thing it's interesting you point that out i want is going to have a lasting effect on italy's relations with its fellow e.u. members in the end again when all this comes down in the back of its head is going to have their well ok guys yeah i know you needed to sort yourself out when we relate when our back was against the war you didn't help us what i think either you also lucky parents on how china react later eve.

european. states members who will experience or know as crisis and i believe that the chinese government would also be willing to extend how a summit offered i think the chinese government jet man the richest person in china has already offered to do you know as these 2 don't meet i think up to 500000 a piece off the call in the virus test kit you know it's made me think more and more i said terry david talk about the great news that comes in we talk about russia we talk about relations with america but you know what it's really heightened this thing is that what a small world it is an end of the day we're going to look after each other a bit yeah yeah see electron international studies at the university of bath in the u.k. nice to see and of a good day thank you. well a spot of cover ninety's taken its toll on big decision makers too with the sickness strike into many of the corridors of power the only one of the day the growing number of lawmakers falling ill is causing concern over how effectively governments will be able to coordinate their responses to the break.

there are far more politicians who have been infected than you would have by statistical chance politicians are overrepresented in the number of people who've been diagnosed.

for it.

so as are said all the uncertainty of the known of this is easy to get obviously worked up and i'm sure so we thought we'd get a sound head on it we spoke to the celebrated slovenian philosophers level about the pandemic he likened the crisis to a wartime scenario but also emphasized the need for mending for the international solidarity and helping each other out a bit. even 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 stayed in the same boat the big loser i think will be precisely a nationality racist and to want within our country to isolate itself until of

course we need to get an inch and like for example take europe we should act in a unite that racial pink tried to recreate great their street mosques whatever it 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 solidarity it's even in our interest in germany now. they will get an even stronger probably epidemic and go on and to want so it shall think obviously that it is something that is demand there from us but if sadly if we think as a rational. step we'll get that big step back and reflect what this our mobile go through life how should we change it because we should be aware of why i don't think it's not let me just go on galilee and in talk to the month it

will be over baby in this epidemic. in the fall that our identity damie get out of 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 our mode of life. so let's take a cheery day as it comes in the moment it seems here in russia let me tell you about that the number of confirmed coronavirus cases has officially now reached nearly 100 on wednesday teams new in the last couple of hours the government is set to introduce a ban on all foreign nationals like me entering the country until may the 1st double quarter is in central moscow than next with the latest on the new measures. well 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 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 a sec check away from coronavirus for a minute look at some of the news tonight the leader of israel's blue white polity but again this is accepted an official request from the president to try to form a coalition government it comes up a longtime rival have been even who was in majority of will make his in the knesset pulling a 3rd inconclusive election in under a year and a macauley nicanor and discuss the prospects than of a new look government and how successful it may or may not be with the middle east correspondent polis nia. what does this mean for benjamin netanyahu. well it's certainly 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 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 will just have one issue that will erupt 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 take 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. 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 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 to a 4th round of elections would that benefit netanyahu or guns it will probably benefit netanyahu because we're already 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 arab parties party called balad and he is having a relationship he needs them for the 61 coalition so people are likely to say the next time around 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 to impact that 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 and fair media so it's actually banded together the netanyahu supporters . while many countries are implementing aggressive measures to contain coronavirus but to the british government's been sharply criticized over a perceived lack of action some of the latest concerns of the country's chief scientific advisor mentioned the going down the route of so-called herd immunity in other words infecting more than half of the u.k.'s 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 you cause health minister denied though that the government is playing to go down the here herd immunity route so with cases in britain exceeding 1300 with 35 people dead as a result of petitions being launched calling for schools to be closed across the country they're still not the government has also stated it plans to ban large events after delaying all that decision for a bit additionally the u.k.'s health secretary has said that people aged over 70 could be isolated for up to 4 months that's going to cause a lot of additional problems loneliness xandra we asked people in london what they thought about the government's high risk approach to tackling the pandemic and it's probably true to take your view i don't know he describes how he 1st take responsibility i should do what i already knew so we put at risk i situation

like this i can see the argument doing that but really i can also see the n.t. can say we're going to. put up people to get that virus if we think. we've come down to try. to get scared to justify this but we've got carry on living. overseas i don't say that for this is a peak into about 10 weeks time so that's when i will get really concerned what we don't know yet is full range of detail and if you didn't so we would need to know whether or not we do become immune to this virus basically. it's a great strategy possibly the wrong strategy we don't know but nobody seems to be giving this whole the range of thinking so what you might tilsley is an associate professor of infectious disease modeling at the university of warwick in the u.k. explain a bit more the thinking behind the government's approach them. 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 reduce the height of the epidemic at that point to the certain number of people would be in fact then it could no longer in fact many more people because he sensually people had contacts and been infected and so it reduced to a low enough level that the epidemic would die out is the risk to have we know that the over seventy's and particularly over eighty's. because they may have underlying health conditions are more at risk so obviously you want to protect those. 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 we keep necessary isolation and quarantine policies. and the crucial thing here is to reduce the demands on the health service to make sure that those people that really do need hospital cat have access to it. and they depend of inquiry into child sex abuse in the united kingdom has found that the internet is facilitating a sharp rise in pretty behavior and that police are struggling to respond to the growing threat according to the report's findings 11 to 13 year olds are most at risk it says as many as $450.00 suspected paedophiles arrested each month and it goes on to stress that the scale of abuse is likely to be considerably higher than the official figures show further than korea also notes that many internet companies are failing to provide adequate protection for youngsters using their services.

you don't know where this image is real and down and that is an awful thing to think in that paedophiles can just look online and get it we can't anyone can. know the media now is far more accessible i feel that while we are just now aware of it not that it's changed the protocol outraged. and

i feel that we need really run the whole changes to our whole criminal justice system we need a lot of police themselves not equipped 1st of all to deal with the. abuse issues. well but more about the report it says the british government needs to work with companies to come to on lot of says that new tools are needed to prevent the posting of indecent images online as well as algorithms to detect illegal content it also want schools to offer better guidance about how to stay safe online further more legislation may be proposed which would enable law enforcement tackle the problem more effectively. we can't arrest our way out of the problem we have to look at a far more holistic approach we are a saturation point morgan all of us spoke to us she exposed the poor handling of

the rochdale child abuse ring back in 2012 she agrees that the government needs to be working more closely with tech companies even with the right training in the u.k. we're gonna must've. deficit all police offices individual police are overwhelmed there are nazi noles all the it's down to the government invest in the criminal justice system we need to address this root calls we need more police officers we need a real commitment to invest in dealing with this kind of crime but alongside that i have to say that the giants like google like microsoft like imus and they have billions of pounds and legislation should make them a culture of you've been going to and she will that investment does go instantly to prevent the defiles from destroyed in children's lives because that is not what is

happening on a daily basis as. well keep up to date with all our new so we had lines coming on a krone virus and the effects of it except for sex with r.t. dot com a very social media it's midnight here in moscow i'm kevin owen but with more in half an hour between now and then wishing you good evening and our next programs and rafi after a break. because there's a survival guide. to the story. be sure to. repeat. the same. cries for.