when i get out i'm going to find. this in hopefully bless. us market suffers its worst selloff in more than 3 decades and with fears over the coronavirus with president trump warning of a possible recession. war 19 with the taking its efforts to contain the pandemic to a new level and increasing number of member states temporarily closed borders. the borders of the entrance of the european union. will be closed we are forced to stop fly connections to these countries and establish controls at the swiss border without a valid reason travelling in and out of the country will no longer be. scrutiny of us tech giants by european regulators. to pay more than 1000000000 euros by

france and competitive practices. for good morning to you thanks for joining us here on r.t. and. u.s. president donald trump said the country's economy may be heading for recession since the u.s. stock market suffered its worst trading day since 1987 the share prices tumbling by 13 percent on monday amid fears over the coronavirus. is the u.s. economy heading into a recession well it may be what i think in terms of recession with thinking in terms of the virus once we stop i think there's a tremendous pent up demand both in terms of the stock market in terms of the economy and once this goes away once it goes through and we're done with it i think you're going to see

a tremendous tremendous surge. in the coronavirus pandemics causing turmoil in financial markets will wide despite drastic action from central banks to limit damage my colleagues kevin i when i'm around guess they have discussed what is driving this all off. i suppose it was to be expected to spoil all those measures that us put into place the last couple of days nevertheless rather than coming things it seems to go worse march madness because a coronavirus was going to go what do we know 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 at in 2070 so over the course of a few weeks we've race 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 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 the cord of feck 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 own stock in apple apple produces its phones in china so eventually there's no phones being produced in china. 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 more quantitative easing and rate cuts they're going to keep rates of this is this is to stimulate

boring 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. 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 bleak because you have hundreds hundreds of millions of people all around the world sitting at home were without jobs entire industries at a standstill but everyone has to eat you know their looms to pay their responsibilities that must be attended so it's anyone's guess and showed how this is going to go we spoke to economist richard wolfe who says the confidence is slipping in governments and ones that we could be on the brink of another great depression. collapse of the markets today down 10 percent roughly here in the united states in new york city where i'm sitting it 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 board 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 here in the mass of the working class you see it in average people everywhere we are out of soap in our supermarkets we are experiencing the kind of meltdown that you associate with events like the great depression of the 1930 s. the world health organization says that the global death toll outside china from

coronavirus has now overtaken that inside china france has imposed a near total lockdown on citizens with more than 100000 police officers deployed to enforce quarantine the measure is unprecedented for post-war europe. more dalt the message is clear stay at home these are containment measures similar to those with spain and italy all persons traveling must be able to justify their movements each person will have to carry a document certifying the reason of his or her journey. comes as the radically steps up its efforts to contain the coronavirus restricting all nonessential travel for at least 30 days several nations including austria germany and france have close their borders to charlotte devinsky looked at whether the era of free movement could be coming to an end. for years populists have been advocating tighter border controls within the european union which you and the national

governments have criticised yet in 2020 that is exactly what we're seeing happening it all started with italy and border controls being imposed from people trying to leave it to lead to go into austria but since then a host of other e.u. countries have done exactly the same we have seen slovenia hungary denmark and now even germany shutting up shop saying its borders are closed shanking which is the idea of free movement within the european union to do that without passports is essentially over well for now at least. the borders of the entrance of the european union and the schengen zone will be closed concrete leave all travel between known european and we were up in countries will be suspended for 30 days or we are forced to stop fly connections to these countries and establish controls at

the swiss border just like the ones we have already implemented with italy when you're hungry border in the direction of italy remains closed. without a valid reason travelling in and out of the can through will no longer be allowed. to burn on entering the czech republic or all foreign except foreigners who are the permanent residents are all residents of. life in the e.u. as we know it is over museums shops bars cafes schools have all shut up shop in many countries in a bid to pause the peak of the infection rates in france the bees which is the way that people sort of greeted each other with kisses on the cheeks has been pretty much a band people have been awkwardly bumping elbows or knocking their heels together but even. that has been petering off as people are becoming more and more whipped up into hysteria that they could get contamination from just being close to another

person the government's line is keep your distance from each other yet in the e.u. this conglomerate of $27.00 countries which are all meant to be singing to the same tune it doesn't seem that there's one rule that all are applying even the european commission is warning that the closing of borders could actually pause supplies thousands of bus and truck drivers stranded at internal borders on parking lots creating more health risk and disrupting our supply chains if we do not take action now shops will start facing difficulties in refilling their stocks of certain products coming from elsewhere in the single market some see the idea of governments in europe essentially locking down their countries as being the start of a slippery slope even warnings that this could be a nail in the coffin for globalization as we know it the coronavirus crisis

threatens the globalized world was the pandemic and panic a bates those who believe the openness to people and products from around the world is generally a good thing we need to make a case for it afresh in persuasive ways. and he says this could be a gift for populous parties who have been advocating this this tighter control of borders for many many years and also those title restrictions 19 has highlighted the downsides of extensive international integration while funding fears of foreigners and providing legitimacy for national restrictions on global trade flows of people europe as sturrock lee has been a cultural hobbits bars it's cafes its restaurants hazes of people coming together discussing and debating ideas and some fear that this idea of self isolation as we've been told to do could actually cut through the fabric of that some have also

said that it will see the nation fighting loneliness as people self isolate in their homes and their apartments now in italy some people are already trying to overcome that we've seen these marvelous comes together of people singing on their balconies as there's a sense of we're in this together oh god. but the longer that self isolation goes on some say it could be weeks some say it could be months for many people their homes which are meant to be their safe haven the place that they go to relax and rest could become more like a prison cell future historians will remember the time 90922020 as the heyday

of european global integration which came to an end free borders of free movement. inclusion etc. all of a sudden we see a complete this mode goes into reverse. the called the consequences would be grave no question i do not expect any return to the status quo ante we will see a different i do not expect a disintegrated europe but how this will how this will work out how it will look in in reality for example with border controls that's a completely different question dreamy days of the past with no border controls at all i see is permanently over gone. now it's feared domestic abuse could see a spike amid the coronavirus crisis we need it has announced a little later this. u.s.

tech giant apple has been hit with a fine of more than 1000000000 euros by france is. by francis competition or thora to the company and to its wholesalers in france were found to be colluding in order to stifle competition and control prices apple and its 2 wholesalers agree to not compete against each other and prevent resellers from promoting competition between each other thus sterilizing the wholesale market for apple products the french competition north or a cheese decision is disheartening it relates to practices from over a decade ago and discards 30 years of legal precedent that all companies in france rely on with an order that will cause chaos for companies across all industries we strongly disagree with them and plan to appeal. was on the 1st big fine apple scene in the e.u. just over a month ago france slapped apple with

a $25000000.00 euro fine for a software update that was found to slow down older i phones and in 2016 apple was ordered to pay $13000000000.00 euros to ireland after the commission ruled the company had received illegal tax benefits for more than 2 decades columnist and elizabeth new today and political analyst charles little shared their perspectives on the issue. i think if you were talking about fines of 1xb5xb1cb you start to get some attention but so long as the fines are in the little girl eons even for such a company like apple or about microsoft or whatever the system these companies trademark those approaching are above a trillion dollars so it's really you know less than a penny to them it's not really it's hurts you don't want to pay a $1000000000.00 fine but it's not the kind of thing that's really going to change behavior yet in my in the governments around the world are going to including our own u.s. government are going to take a much closer look into the degree that high tech companies are abusing their

market positions in effect operating earmark ways or even monopolies driving other businesses out of out of existence around the globe so we're going to see i think a rebalancing of power between the tech giants and the rest of the world european union and here we have both expressed annoyance at the fact the way the the guy google apple and it's all. statler but the other notch tech macintosh companies up to lies tax do not pay much tax and in general my practice is that all seen as using. the minute position in the market and this is part of this long narrative. to stay with us here in r.t. more news coming up after this short break.

if we can now look into people's minds read the thoughts the question then is what kind of consequence we can take from this. i think in take the example of lying it would prevent us from i wouldn't be able to live anymore if everything becomes transparent but what we're thinking. is you'll be a reflection of reality. in a world transformed. what will make you feel safe. high salacious community. are you going the right way or are you being led. by the way. what is true what is faith.

in the world corrupted you need to descend. to join us in the depths. or remain in the shallows. now as we have what would be historically considered one of the greatest financial crises of the past 150 years and where does it fall into the category where how do you classify it i think we're going to see a global depression and to your point how quickly do we get out of it the activist fed the problem there is that there per script and thus far have caused the problem so there actually is the problem there needs to been fed the central banks need to be removed from the equation because they are the problem.

i. welcome back as ever more people across the globe and holed up at home over corona virus domestic violence activists have been sounding the alarm about a surge in cases. abuse is about power and control and then abuser can use any tool to exert that power and control include in a national health concern such as covert 19 we expect rising tension and likely rising violence which makes everybody more vulnerable the survivor and children in the home activists say pandemic related restrictions worldwide will make it harder to help domestic abuse victims they point out that people are risk still have someone to talk to though as advice hotlines will remain open t.v. host gina loudon says communities need to look out for their vulnerable. when ever people are cloistered in close areas for long periods of time emotions are naturally heightened this is normal so when you have people who are already

emotionally vulnerable our or in bad emotional relationships those emotions are also deepened and and a lot of times height and so it can be to some of the work unfortunately and so on so you can see spikes in domestic abuse i don't think it's the job of government or the role of government to monitor the emotional health of people necessarily but there are a lot of ways for people to sort of self check neighbors can check on neighbors family members can check on family members and help your neighbor out or help your family member or friend out and especially those who are vulnerable for whatever reason and this is certainly one of those reasons you might want to do some checking on people. in the move to reduce public contact several states across australia will suspend roadside police breathalyzer tests for drugs and alcohol after covert 19 infections spiked at the weekend. this is because been made to

minimize risks to police officers and the community the police commissioner in consultation with the minister for emergency services has determined police officers may decide it is not reasonable to undertake stationary r.b.t. an r.t.t. in the current climate. strayer currently has around 370 cases of corona virus 5 of them have been doing all citizens returning from abroad must go into self isolation for a period of 14 days legal analyst jennifer the master former u.k. police officer peter can share their views on whether police should change the way they work because of the pandemic. you have to be worried about everything that's going on right now but to say that we're just going to stop utilizing breathalyzer tests is absolutely ridiculous australia was the 4th country on planet earth in terms of high auto. alcohol related auto accidents and that's just behind the united states and a couple others but 30 percent of deaths on the on the road in australia were

caused by drunk driving we don't know what's going to happen in the future it doesn't sound like something that's going to be years and years and years is going to be from them so that impacts the limit states but you've got so while the pros and cons of doing not doing bottom line though is a cop can only do one thing at once and if they need it for what is considered the priority of stuff they're not going to be there to do anything else in a situation like this where it comes to 1st responders who are law enforcement our police forces we need to make sure every country especially now needs to be putting their funding a back in use to be reevaluating their budget needs to be helping our 1st responders our law enforcement because that's where people are going to melt down unfortunately we don't want people to riot or to to go crazy at all we want people to be calm in the u.k. the employer has an absolute responsibility so you do all that is reasonable possibly reasonably possible to keep their employees sayf from injury or illness

when work over sleep reasonably practicable is something that the course would decide there can be other measures and 2020 technology is advanced enough where you can either find different kind of brought their lives or devices or or have ones that could be disposable utilize a little bit more funding for local law enforcement so that we can keep everybody safe talking about what are we going to do as a contingency if we suddenly get a shed load of stuff to do to do with the virus what are we going to knock off the list that we're not going to be doing any more we need to keep this in proportion. ok appreciate staying with us here and don't forget you can check out plenty more news stories by heading to our website go to.

match geysers financial survival guide liquid assets not those that you can convert into a mass quite easily. to keep in mind no as a tremendous inflation. record. you are no offense b. you no longer a young woman in fact you are one of the last living survivors of the nazi else asked i'm aware of it. leverage it all you like. you can never forget there can now auschwitz was a delight to be inhaled because you would never believe it want to go to as a hobby of course for 32 years of both and be perfect it all seems so a lot offered by your side to make it right when i get out on the farm saw you oh

well you take my son to her next you so he can listen and hopefully bless my heart hurts. so what we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race is often spearing dramatic to follow only closely i'm going to resist i don't see how that strategy will be successful very critical time time to sit down and talk. so she and i as a nation are subject to shopping to get some investors to put it on. auto should i say it's a month for for you to go forward and have the trip improved for the new chairman that because i didn't do enough to try to recoup from the problems.

it was because of global was going to have to close to this incident you know why would you od just give must have looked like a bunch of us moving this focus on the family meaning you're fighting. over or come out. a little less against the purchase and about 4 to 6 months because in the south. if you want to know who still would go to his cd a new series the bank fails or the truth is what you need to analyze it to get to the bottom to see if you speak to my last job or that they like it or not i got tested this foley with the police and the creativity and they're still going on in this world people with no job and opened a new job to get over. to start to push. greetings

and salutations music my friends can change the world and most importantly it can give voice to the voiceless which is why it's our pleasure to present to you the mc out of new mexico d 5 is watching the hawks strikes a chord. 2 2 sense you pretend that it's meant to be desperate and misplaced my ancestors' takes the fleet street my specialty my special seems to manifest my sleep stress those swing sprouting up last month. and the mechanism of memories a chance to preach against the trees from atlanta this lead to catch my sleeve but it's past the check must be the legend that may still be out and that tantrums he then on the accent will be on the great.

yeah i must sound the sound of a smack on the tail pop up or down time up the sound i just fell upon them i know that's mine and i just michael cheika help us find a way to sell this promise now the lamps have. to get it up my side of my stamp of approval by michael the tramp myself descended to about this i'll be treated someone else on that same day about. headed to the sound that's going to get a credit i'm surprised that it comes in st paul that my head comes to my feet so big i said i would help with the that michael coleman simply the public get up and call the police but with the praise comes with. a couple of problems at the feet the shelf of the sweet. song that i was a distinct adult but now believe we come up with the punches really. help me. sort out some watching the house.

side of my circle of light and the terrible size and time of my hard old and mighty offenses fighting back to the heights the sergeant tired tired of my years has it's hard to see anyone less could be about to create a commission the car seat right among cars to recycle the cars. cars to pick up the idea of a hard to parse the concepts are so shiny through we've struggled terrible darby's to keep our bones merging farmhouse this is set me free on a house with no head asks how to pronounce it.