u.s. markets breathe a brief side of relief as the white house unveils fresh measures to protect the economy from the effects of the coronavirus. france declares war on covert 19 even deploying the military along to the streets of paris that as the e.u. increases efforts to contain the pen to make and member states to shut their borders. the borders of the entrance of the european union and the shame can all be close we all full stops like connections to these countries and establish controls at the swiss border without a valid grizzle travelling in and out of the come through no longer. plus australian special forces are slammed after a graphic video emerges showing

a soldier shooting dead an unarmed afghan man at close range. welcome to the program and i'm happy to say to you all this is art international bringing you a live news update this hour. u.s. stocks have rebounded from monday's bloodbath on wall street major indexes have risen following today's briefing by the coronavirus task force and the trauma ministration sought to call markets by signaling a major economic response will be put in place soon. by making shared sacrifices and temporary changes we can protect the health of our people and we can protect our economy because i think our economy will come back very rapidly one day we'll be standing possibly up here will say well we won and we're going to say that sure if you're sitting there we're going to say that and we're going to win and i think we're going to win faster than people think i hope. during the briefing donald

trump unveiled some of the plans being put into place including 1000000 checks to americans congress will also be discussing a multi-billion dollar aid package to prop up ailing sectors of the economy such as the airline industry well the federal reserve is set to reintroduce additional crisis era tools in a bid to stabilize financial markets markets reacted positively to the news where shares jumping slightly on the hopes of a stimulus package to help against a coronavirus fallout after a dramatic sell off on monday when u.s. stock markets suffered their worst trading day since the 1987 black monday crash share prices tumbled 12 percent wiping out trillions of dollars in market value with more on the current global economic situation here as artie's one gust of. unless you majored in finance everything that's happening may seem a little overwhelming what is going on why are markets melting down while the bankers whirling around like headless chickens in

a few minutes with this monopoly set i'll explain why everything seems to be crashing and burning what the hell is a fiscal stimulus and why is everyone crazy about rate cuts 1st that said the pieces here are investors meaning millionaires you're middle class with modest savings your pension is here all of them have some money saved up these days you don't keep your money under your mattress you want to return it right interest a pretty good pension so you take this money and you put it in the banks depending how smart they are all how greedy they are they promise you x. amount of profit per month the banks then go ahead and loan out this money to have a needs it may drive our entire economy the new hotel built in your city the new jet purchased by british airways the new hips the bar bill down the road from you your mortgage to buy your house comes from the bank so all this money goes into the

economy to keep things running and here is how it runs every month these people make payments to the bank here every month the same payment goes back to the bank the bank then pays the investors the investors then put the money back into the bank this is obviously simplifying things but you get the gist of it it's a cycle it all works great while it works but then something unforeseen happens like a mortgage crisis or a pandemic virus clubs and pubs are to be closed along with theatres museums do sports centers and similar establishments and retailers with specific suctions. now is the time to take extra steps we are ordering the suspension of all retail activities with the exception of groceries pharmacies and other outlets selling fancy goods. suddenly mass shut down quarantine factories

businesses come to a standstill people lose jobs stop paying mortgages suddenly people aren't paying the banks back and the investors the markets your pension manager they start panicking that is their money stuck potentially lost they see the news pandemic they call the bank they say they want their money out pull my money out of the markets out of the dow jones out of b.p. out of up all the markets crash but the banks don't have it here is where the government step in before this mass panic and a run on the banks the government say the magic word bailout fiscal relief lots of words but it's the same thing the government pulls money out of thin air the money presses and gives it to the bags so that they can keep paying investors it's all pretend play they just simulating that everything's fine by printing ridiculous

amounts of money and passing it back and forth between each other the real economy the factories in the businesses these guys are in quarantine and shut down but the entire point of this little show is temporary live this illusion has to work for a little while weeks months to allow the economy to recover to prevent the banks from going bankrupt and recalling all this debt to help these guys get back on their feet and start paying their debts back you don't need to be a new to the economist or an economist to realize how how fickle how fragile this illusion is the collapse of the markets down 10 percent roughly here you know. it states in new york city where i'm sitting is a clear very profound statement of the entire investment community which is not the small people who have

a few shares i'm talking about the people who manage ancient funds who manage bank warts on wheels 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 we're running on borrowed time they can't keep printing money for too long or inflation goes through the roof money becomes worthless the illusion will eventually wear off even the most optimistic investors can only live in denial for so long and will realize that banks are living in a dream world then it all collapses see the world up until now has been weighing lives vs the economy for all the criticism and ridicule of the world through a child or they shut down everything sacrificed their own economy to keep the virus from spreading the west didn't the west ridiculed that dismiss china's response as

incompetent they tried to keep the markets happy rather than the people safe and what they got america and europe is the worst of both worlds and economy on the brink of collapse and the death toll fast eclipsing that of childbirth. meanwhile france has imposed an almost total lockdown on citizens with over 100000 police deployed to enforce the quarantine the measure is unprecedented for post war europe you know military trucks have been filmed being deployed to the paris suburbs it comes as france's interior minister warns people to stay at home in quarantine. remodelled a clear message is clear stay at home these are containment measures similar to those with spain and italy. 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. if it comes is that you

radically steps up its efforts to contain the coronavirus restricting all nonessential travel for at least 30 days some nations including austria germany and france have closed their borders or to charlotte devinsky it looks 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 leave 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 concretely all travel between known european and we were been countries will be suspended for 30 days or we are forced to stop flight 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 ban on entering the czech republic were all foreigners except foreigners who with permanent residency permits or residency. amount to do yes 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 greet 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 either 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 to assure the last globalized world was the pandemic company debates 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 populist parties who have been advocating this this tighter control of borders for many many years and also those tighter 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 your pet store oakley 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 of 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 have already tried 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 could be weak 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 the consequences will be grave no question i do not expect any return to the status quo ante we will see a different either you i do not expect a disintegrated europe but how this will how this will work out how it will that's a completely different question dreamy days of the past with no border controls at

all i see is permanently over gone. amid the shopping panic australia's largest chain of supermarkets has set a special hour for elderly and disabled shoppers so they can buy basic goods like toilet paper i don't which has triggered violent scuffles among customers another lens in turn has seen a heightened demand of marijuana with people queuing outside a coffee shops ahead of cornton measures the american shoppers meanwhile lined up near gun stores with sales of weapons and ammunition skyrocketing. now for a live reaction to all of that we're joined by dr david bull former party m.e.p. and of course dr now these scenes are reminiscent of black friday events not to make light of anything but are you surprised it's come to this no i'm not entirely surprised i think you know there is a real fear across europe and as you can see in your report we're saying that essentially all those national governments putting in place plans for their own

country and as you can see the european union is looking as i said yesterday is looking increasingly rudderless you know the european union is meant to be held up as this baskin european solidarity and essentially what we're now seeing is each country fighting for their own survival so i think the e.u. is in serious trouble and one of the other points that i think came out yesterday loud and clear was actually this is now about a global effort it is not just about a european effort this really does seem to have a domino effect from country to country to country supermarkets seem to have been completely taken by surprise by the panic surely they could have seen this coming at least a little bit. well i think it's really difficult because obviously people are human and people are very worried about what's going to happen and the more the government or any government says to people don't panic well i people then think well why shouldn't i panic buy and therefore naturally go off and panic buy and the real sadness about this in your report highlighted this is those people who are

really going to be hit hard. the elderly and the vulnerable now clearly opening stores i think for an hour in the morning for elderly people is a great idea if you talk to the retailers they say they have no problems with their distribution and in fact all of the goods are getting through at the moment i mean i heard sort of on laden say there that actually there are problems at the borders but so far in the united kingdom we do not have problems with distribution the biggest problem is people panic buying so the thing we need to do is to come together as communities and there are some really good examples of people reaching out and saying let's look after our elderly neighbors in terms of making sure they have shopping and food and all the rest of it and actually we need some humanity here this is about all of us taking a breath stepping back and doing what is best for the whole community. do you think we've seen the peak of this panic buying or do you think that things can actually get worse no i think things can get worse particularly here in the u.k.

and i think what is old is the government is obviously adjusting its response based on the numbers and clearly we've been advised now to stay at home and to minimize social contacts and have social distancing the problem is asked this goes on and we are really very much at the beginning and i was talking yesterday about the fact we're at the beginning of this exponential pape other european countries are ahead of us so if we're now saying particularly to older people we need to isolate you for 10 to 12 weeks that is a heck of a time particularly if you're on your own in terms of social isolation and what happens if the school shops and actually i think it's great that we haven't closed off schools the minute you close the schools then parents have to be off that means health care workers have to be off the grandparents then have to be involved so in fact i think that we are at the beginning of a much longer journey in some ways though i hope that as time goes by as people see that actually there are problems with the distribution chains that they can still

get groceries maybe people's natural reactions will be to slow down and to stop panic buying but people like me medical professionals need to reinforce that message that this is something we are dealing with we are doing it together and do not panic. and dr david thank you for your time and your comments. still the calming video has surfaced online showing an australian soldier shooting dead an unarmed afghan civilians contradicting an official investigation which ruled that the story is next after this short break. join me every thursday on the alex simon short and i'll be speaking to guest of the world of politics for. i'm sure i'll see you then.

welcome back graphic footage has emerged online showing an australian soldier shooting dead and unarmed afghan man at close range and warning you may find the following images disturbing. rather than. stop. i am deeply disturbed by what has been aired in tonight's 4 corners report we are serious allegations are raised australians would rightly expect their sorry lead samant the video was obtained by australian investigators from the 4 corners t.v. programme show claimed an official investigation by the australian defense force will the killing was justified as self defense something that's not supported by the video footage the killing is one of a number of cases uncovered by the 4 corners program the country's defense minister

now says she backs an inquiry into all allegations against special forces in afghanistan between 20052016 now in 2017 a former defense lawyer leaked the so-called afghan files documents allege war crimes by australian soldiers among the claims are the mistaken killings of afghan father and son during a raid as well as the killing of an afghan detainee while others were mistreated brian becker from the anti-war answer coalition says claims of war crimes are becoming a daily occurrence for the australian special forces oh that their bosses their superiors in the chain of command are perfectly ok with it they appear to still be ok with it even though the video completely contradicts the assertion this was in self-defense. the us has scrapped another key strand of its investigation into russian interference during the last presidential election charges have been dropped against 2 firms accused of running a russian troll farm that aimed to influence voters my colleague and her former

discuss the issue with r t s oscar taylor. wild times russia gate and the infamous murder investigation have seemed never ending bought it appears that we might be seeing a ton in the tide because on monday the u.s. department of justice fall to motion to dismiss all charges against 2 companies concord management and concord consulting now these are russian farms which were accused of financially supporting efforts to allegedly meddle in the 2016 u.s. presidential elections before we start talking through the whole back story to this let's listen to the exact reason that the d.o.j. gave for dropping the case in light of the defendants conduct the risk of exposure to law enforcement tools and techniques and the boost indictment change in the proof available at trial the balance of queries has shifted it is no longer in the best interests of justice or the country's national security to continue this

prosecution. so washington says it's backed out of the trial on the grounds of national security and it might be linked to the fact that back in 2019 a confidential information from the meter investigation was apparently altered and leaked online now the d.o.j. never got to the bottom of who was behind the leak what do you think ever accused anyone but we can see that clearly this is had an impact on it has stoked fears of the breaches but either way given that the trial is just a couple of weeks ago and it was so high profile it was so much anticipated this is really quite a significant quite sensational backtrack from the justice department just give some details then about why these 2. of this investigation in the 1st place. could management and concord consulting are 2 of 3 companies on 13 individuals that were charged in fact were $20000.00 by rupert murdoch was a huge and that went on for $675.00 days despite the resources that was still no

concrete evidence but still that didn't stop the hysteria this was something. it was inescapable it was on every t.v. screen in america 13 russian nationals and 3 russian companies accused of a massive effort to meddle in the election if you read between the lines is clearly saying that this was a russian government operation by special counsel robert muller has indicted some 13 russian nationals russian intelligence service for a very very long time has had in their playbook the this information campaign so as we just heard that as part of the meter investigation 13 employees from concord what charged at the time they were watching for the international research agency now this is the so-called troll from dropping this case want out to be very welcome news that will prepare a $50000000000.00 lawsuit against the u.s. government for illegal prosecution and sanctions so we'll see how that plays out but definitely a massive u. turn from the justice department on

a bitter disappointment no doubt for all those who were hoping that this trial would be some sort of vengeance for those who believe that donald trump was elected not by the american people but who by the kremlin itself. russia analysts what macaulay told us the u.s. dropped the case to protect intelligence secrets the u.s. justice department has taken a very very serious not an unprecedented step because if you go back to the cold war. the u.s. justice department decided not to charge certain u.s. charise because it would reveal too much about the u.s. country intelligence operations and so on so it's not the 1st time as happened they've backed away from it but is a really serious built in the u.s. justice department and what was really so in other words the u.s. justice department is now saying a busy day we can go forward with this charge against concord management because it would reveal too much about how we collect information and how we penetrate the

other side and also it might reveal who the informal saw in russia that's a global news update for this hour but don't forget you can always head to our website our to dot com for the details on all of those stories and many more. blushes and then they teach him the cheek a total morsel of each to cut a hole close to each seam you'll be set it's not that it seems it's a shame since that always shifting against. them into.

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