tv News RT March 18, 2020 12:00pm-12:31pm EDT
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the u. shuts its borders for a month to limit the spread of code with 19 france takes the strictest measures in the block because our correspondent reports from powers anybody leaving the propane is also being told that things. like this it's safe to say i think. the world health organization urges countries to take a leaf out of beijing book and impose tougher restrictions to fight the pandemic as the situation in china itself begins to improve and. coronavirus virus fears drag u.s. markets into the red again this stops a plunge despite
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a huge financial stimulus package offered by the white. so get even you're watching r.t. international the number of confirmed cases of coronaviruses top 200000 worldwide with the death toll now more than 8000 as world leaders scramble to contain the spread of the outbreak europe has become the epicenter and now has more confirmed cases than china while in the u.s. all 50 states there have now had recorded cases. when entire countries are now shutting their borders down russia has become the latest to deny entry to foreigners joining the likes of canada and the u.s. the e.u. has also restricted access. 2 limits to support of the various bubel we agreed to
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enforce external borders both closed and coordinates temporary wish to action of essential travel to the e.u. folk leave it or so to do this france meanwhile has put the entire country of 66000000 people on lockdown army trucks have been seen on the streets of paris while large numbers of police officers have been deployed to to ensure compliance artie's charlotte dubinsky reports from the capital. france is now on lockdown strict lockdown that would be in school the government has talked about pouring $100000.00 police officers to set up fixed points to check people who are in their vehicles the word from the government to everybody in france is to self isolate president mark one was incredibly clear when he came to the
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presidential address on monday night in fact the one thing that came through over and over is the problem is that. we are at war war to be sure we are not fighting another army knew another nation but the enemies that invisible and elusive that decision came to the french took the calls to stay at home and self isolate too likely in fact while balls in restaurants were being closed all around them and many here in paris came out to the parks to picnic to meet their friends all to sit by the same and do the same but no more. the government has announced new measures to limit new infections by limiting contact between people as much as possible to amplify the impact of this measures paris parks and gardens will be closed. the restriction these are really centered around self isolation so people have been told that they can leave their homes but
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for very specific reasons that could be to go for a medical appointment it could be to top up on food supplies or it could be to go for a walk for health reasons and anybody leaving their property has also been told that they need to have one of this in pakistan so just state why maybe even their home for some of those reasons that i just outlined anybody who is cool flouting that law or unschooled going out for a walk just socialize with their friends rather than for health reasons could face a fine of up to 135 years. old the message is clear stay at home these are containment measures similar to those in spain and italy all persons traveling must be able to justify their movements each person will have to carry a document certifying the reason for his or her journey. was another casualty of
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the new stricter regime is the 2nd round the ring is a collection which will now be postponed but many had already criticised the government for allowing the 1st round to take place while sproles was a partial lockdown the makris are pushing the limits you do not say to 67000000 french people stay at home for an indefinite period on saturday evening but then on sunday morning leave your house and put your health and those of others in danger if the health situation got this bad regime thursday in today to the point of closing almost all businesses in makes no sense to hold these municipal elections they must be postponed because they cannot be held fairly. holding the municipal elections is completely incomprehensible and contradicts the measures announced by the prime minister i hope that the government will take responsibility and change its mind as the lockdown began and many played the city possibly going
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to some of the homes here to stay friends and family anything to not be isolated in this time but merge it see here france this idea of self isolation is something that many people fear many people who live below the idea of not having that social contact face to face for a 15 day period is something that they dreading in fact something else that they dreading is the fact that the government has said it's a 15 day minimum and that these could be extended so they need people here in france to just have no idea when their lives are going to return to normal charlotte people ski r.t. in paris during the lockdown while italy remains one of the country's worst hit by coronavirus health care workers there say they can't cope with the influx of patients and complain of exhaustion from overwork we spoke with
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a nurse in the city of chances. and which literally on a computer so i had been standing just on my gotta get up while you're driving up is out. there so they could. enjoy not that i could be to put up with interest that i thought annoying was the pretty or do or scam will be been going to see what's in it just the sound different. to be in among a large amount have. been fermenting. sisters to sort of be on the downtown atlanta to the biggest one i know we all get on cameras that needs to up quick. to know what i'm going to hear their city is in tippett i'm krista tippett with because a good way to put a match up you put it down to get a look at that was a big do it it could be time to ferry. down to person it is done in my time to pursue the case of the saw and it would quite. take the same.
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oh well the regional director for europe at the world health organization has a nations to take a bolder approach when it comes to tackling the coronavirus and said say that china would set a good example. it is an old show that this thing. called binds so should be distancing measures. when put in place quickly and effectively prevent infections and say. the spread of the virus in china has been slowed significantly registering only 13 new cases on tuesday life is returning to normal soon previously hard hit regions and downs are being partially lifted while domestic travel is starting to resume however at the start of the outbreak china's tough response to it was heavily
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criticized just on quarter now reports many countries have started to adopt the same measures. remember when only china had to deal with the coronavirus the west had plenty to criticize about beijing's handling of the crisis back then when europe and the us didn't have to get their hands dirty. rights districts measures should also be implemented with consideration to the public's willingness to comply with government control efforts now that the critics are in the same situation that china was in just a month ago it seems like they weren't creative enough to come up with their own solutions after the coronavirus ravaged europe governments across the continent started enforcing lockdowns people confined to their homes streets virtually empty just like in china at the height of the outbreak. gatherings family get togethers and social functions will no longer be for misted walking to meet friends in the park or on the streets will no longer be possible any elderly daredevils that venture out of their homes could face hefty fines or even
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a police baton and all the while militaries across the continent are mobilizing in switzerland it's the biggest since world war 2 and in france army convoys are becoming a regular sight in the suburbs. to bomb front. although it's not like they have many places to go the entire european union's closed its borders anyway and on top of that they'll be under the watchful eye of those dystopian police drones just like the chinese ones that frightened more than a few in the western media the country taking some extraordinary measures to contain this outbreak police are using drones are equipped with a public address system to tell people to wear face masks and stay indoors to stop the spread of coronavirus and drones are flying up to people in public and yelling at them for not wearing masks in fact we're hearing of mask shortages drones soldiers lockdowns whatever communist china does it the western media loves to call
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it all off thora tarion ism but what even makes these measures democratic or not at a time of crisis shouldn't people be focusing on which measures are the most effective course there will be discuss the situation today with journalists and commentators chadwick moore and also with max abrams' he's assistant professor of public policy in northeast nevada city in the united states. joel crises tend to strengthen the hand of the executive we're seeing a tremendous increase right now in the federal government power in the united states so there is a need there's even some talk of you know about martial law curfews i think it's terrifying i think it's really disturbing and it's you know there are some constitutional scholars out there that are that debate whether how constitutional is i think it's it's shocking how easily americans will give up their liberty but that said the u.s.
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is a democracy in china is an authoritarian country but in general in terms of the continuum between democracy limited government and authoritarianism the u.s. government is moving more in the direction of china while still trying to maintain some of our time a kind of norms i think that that max is absolutely correct that we're seeing just how swiftly the state can expand out how it can come in and become more authoritarian and you know in new york city right now it's a ghost town here and it and you know the mayor wants to quarantine the entire city the governor won't let him know where's the where's the dip coming from it's coming from the hysteria that anik i mean we've got every restaurant and bar and retail store close in our biggest cities where i disagree with my colleague is that i actually do view this threat as extraordinarily severe and and not just scary. but consequential given the nature of the threat it is
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reasonable for the government to intervene in reasonable ways to try to mitigate that threat particularly by enforcing social distancing so that we don't infect each other needlessly there's an insane amount of panic out there being driven by the media and meanwhile when you listen to the experts when you actually listen to them and you listen to the crowd of ira's taskforce that they're very calm they're not freaking out and they're giving pretty. simple basic instructions to people. with ever more countries putting their entire populations on the quarantine millions of selves spending more time than usual at home however some are wasting the extra time because this spanish couple still managed to exchange marriage vows by shouting out of the window despite the government imposing a state of emergency on their wedding day they didn't cancel the event and the bride even through a tradition demands there it goes. shows other tips on how to survive the ordeal in
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her latest weekly diary. will hopefully will bring that to you a bit later now the w.h.o. recommends keeping up physical mental activity when in home quarantine it says that people should stand up and move every 30 minutes and do some physical stuff to make sizing to gardening and cleaning it even recommends walking around the room or perhaps on the spot when speaking on the phone now with more recommendations here is saskia take. dear diary the last 2 weeks have been a bit surreal it's like we're living in some kind of weird parallel universe people have returned to that animal instincts now nothing will come between a man and his new paper.
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coronaviruses cleared the streets and driven off into our homes i'm not going to live my main concern was about getting far out in the time of corona i mean i know i have to go running in the park like i promised myself i'm the only thing i'm losing at the gym is money but still luckily though there are some fitness fanatics out there who are making sure we all keep moving in these claustrophobic times. but if the idea of exercising and public is your watch tonight match no fear. also that this is a puff that time to combine getting to know your neighbor you've been avoiding for years with hot healthy pursuits. i've also realized it will give me the opportunity to finally back my. skills.
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they do say you should have one task every day to keep you motivated also i did always think i had the potential to be an invaluable member of the quad but you know what the modern wilde's like harry hurry hurry no time for anything now though there are no excuses. see the. end of her soon to move. who said quarantine could be fun also for the less studious among you lot of those hacks trick your teacher online and get out of 5 plus only for the more adventurous among you ever wonder what a toilet seat tastes like yeah me neither. apparently
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she thinks coronavirus is for poor people tom hanks rude monch speaking of the elite if you will mock it and don't want to suffer the humiliation of standing in a queue with hundreds of new roles and you'll try piled up don't worry because i've got you covered this elite ready to go package includes night vision goggles and purify and some with satellite messenger and it will only cost you $5000.00 such a snatch as a bonus to make you look like the potential that you are. i want met though there are some downsides to this whole self isolation thing like those tourists who went to spain in search of some rays only to be put in quarantine and realize the sun never actually hit that balkany i am slightly disappointed that my skin will be taking water a fan pyrrhic tone in the coming months better than the risk of thousands. but
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really on balance it's not so bad at all those times i want to cancel on my friends but struggled to come up with a convincing reason no longer an issue my dislike of standing in places of more than 50 people at a time literally and i've also always hated when people didn't respect my personal space now they literally have to stand a meter away from me and don't worry i haven't forgotten the most important thing i know we're all in lockdown i know we all think our houses are safe from the plague but washing your hands is a must. if the hamster can do it so can you ok let's talk finance now because wall street could be headed into yet another bloodbath with markets seeing a major wipe in stocks so far today all leading us indices are currently in the red right now the dow jones is down by nearly 6 percent and that is despite massive financial stimulus packages announced by governments yesterday followed the worst
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trading day since $987.00 when share prices did tumble by nearly 13 percent so let's cross live now to new york for us. despite everything that happened yesterday in the governments trying to prop up the markets they seem to be in freefall again . indeed and the market has plunged people are noticing vitality on the stock market that is really unprecedented by history very very dramatic drop and at this point donald trump seems pretty confident however that he can rescue the economy he's talked about the white house taking new measures to cushion the economy they're going to be sending americans checks this is some of what we heard from donald trump talking about the economic response. by making shared sacrifices in temporary changes we can protect the health of our people and we can protect our economy because i think our economy will come back to
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the rapidly one day we'll be standing possibly appear will say well we won and we're going to say that sure as 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. now the white house is specifically strategizing about how to help out specific industries that have been particularly hit by the coronavirus situation particularly the airline industry among others now at this point the big concern is unemployment at this point many are concerned about the fact that in what the many describe as a gig economy in the united states people simply aren't working as a result of the situation facing the country with the coronavirus now there been talk of the unemployment rate dramatically increasing numbers have been floated people are very worried about the unemployment fallout as a result of the coronavirus situation already one in 5 u.s.
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households according to a study that was conducted have a have had a member of the household experience a layoff or a riddick a reduction in work hours due to the coronavirus so the impact economically is already taking place at the stock market and in american households people are suffering now we hear about the plan to send americans a check as kind of a stimulus to get them spending money there's also other programs in the works but people are quite concerned about the economic fallout of the global pandemic ok things kind of for the. new york for us while we can get more details and i think charlie boy he's an economic and financial be very interested to know what you think about these charlie despite all the efforts by government yesterday to prop up these markets that don't seem to be buying it people want to sell. yeah i mean there's a lot of things going on in the market now so you have to make a distinction between the stock market and some of the other markets so you go back
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a couple of months in this story here at the initial coronavirus break and when that happened i was telling everybody in the media and in the business media that they're living in a fool's paradise and this is going to master the french not just on the markets but on the real economy which is the most important thing and then we had of course all the outbreaks and now we've got the lock down so if you look at what stock markets have done in the last couple of weeks these massive pulls have been as a result of fear. which affects everybody you know not just people that are on the street but fundamentally just that never seen a situation like this before so you've got the fear factor and you've got the own knowns that all all these companies all of a sudden this and we have no idea what it's going to be this quarter next quarter all the courts after that now the 2nd part of this is what's the government's response now and in previous emergencies especially over the last 10 years you can
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reduce interest rates do some money printing and then no money washes out the system shorts to get credit the problem we've got now is that we have a situation that we've never been before and that turns to the school side of things which means governments are going to have to individuals companies and big corporations now regardless of what you think of that illicit free i think people are starting to wonder how what form that's going to say so until we get a real sense of details from some an administration and the need and europe as to exactly what this detail of these bailouts is going to be the market system going to be on top so the least for the next 2 weeks i would say how them accents how can governments afford to do this because we're talking about huge huge numbers many people must be wondering where did they get the money from. and linked to that is
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the bond market. you know i was going to come onto the market a minute so the problem that you've got now is we started this situation with huge radical rebels all around the world which i've been banging on about for years like a broken record. so we've already had we already had a debt problem before we started this crisis so the governments have a balancing act now they can reach an increased in their national debt and they can create money which just wanted to be using actual part of the same thing but i have to be very careful with that because if they didn't too much it's going to do a currency but i think what's more likely in this age is someone's going to pick up the bill into 10 or 20 years time of death it's just going to keep rising until they have the same issue again so there are going to be a route and i think the general consensus even the people of real calculus the same look this is unfortunately the only way right now because no one could of course in
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this but yes you're absolutely right the biggest potential threat now is not the stock market but the bond market the corporate bond market treating up as we speak and we're now on the verge of another financial crisis possibly worst in 2008 and that's what this they're concentrating on now and that's something that's not even been covered in the mainstream media so we have you asked me a good can't you just explain why the bond market is so important because normally when the government wants to borrow money it sells its bonds doesn't it but if there aren't institutions wanting to fly them what does the government do next because at times that you had then decides it will print money to buy these bonds but that then you enter a vicious circle just explain potentially what can happen ok so probably got now is that these companies there are a lot of companies that are good companies like you know maybe ryanair or some of the better airlines that have got good balance sheets that put money aside what happened since the 2008 financial crisis is as a result of the 0 interest rates and the money printing it's made it
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a lot easier for big companies especially to borrow money. for nothing in other words it's a nothing if you don't need it otherwise it's 50 percent mediocrity but you know so now these companies haven't got money away for a rainy day and they say they have they're not going to make a profit so if a god knows how long so they're actually insolvent overnight so it doesn't matter how much money you create to my house how much the spread if the markets know that these companies are fundamentally insult then and that's the credit crunch and we're right back to the financial crisis of 2008 and possibly worse and this is what we're concentrating on the moment it's there and they're just very briefly charlie albeit in a far worse situation than we were in 2008 yes i think we are because the ducks are a lot bigger if you look around the world. in 2008 with the banks the banks are in a much better shape but who are lending money to lending money to individuals for mortgages corporations that might be insolvent we've got more debt all over the
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world whether it's corporate debt government debt the. student loans and we've all done to try and recover from the last disaster and this was just this crash this is not the great most people because most people have been recovered from the last so i think it's actually ringback could be worse certainly turn of the day it's a complete mess all right but you have to theorize now for the last question but how do you get out of this mess some people have suggested to reset what are your thoughts. you know i don't know how you could do research i mean we know being in a situation like this before there's even talk of closing down the markets but how do you how durable and back up again how would you deal with all of the margin calls i think the needs of the fundamental shift in regulation cost finance and how companies will finance major chunk of the system. and get away from a society where money is created by debt and not by productivity it's
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a very basic thing that nobody ever talks that are ok i'm sure they will do over the coming days and weeks charlie really nice to talk to you have charlie boyle financial commentator thanks. ok watching out international just coming up to half past 7 in the evening carried out here but back again at the top of. a fairly significant for sure but a little black there was any news new york at the sun intermixed you start looking through shirtless with a cheerfully asked look you feel and i'd ministry's for war for your clothes or now don't i do it is moving for bush but i will push if you're so foolish are going to
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kill us no. good the answer is. yes. it's seemed wrong why don't we all just don't call. me old yet to say proud disdain comes to advocate and in games from an equal betrayal. when so many find themselves worlds apart when she's to look for common ground. join me every thursday on the alex simon show and i was speaking to us in the world of politics sport that's less i'm show business i'll see that.
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when i came out from this hell i really could not even shill happy ever and sometimes even people were joking about something i would catch myself if i was even electing i feel guilty. and it's very probably difficult for a normal person to grasp and understand you live with that all your life i want to point it out to you you will live with it but we did not receive help like now when our boys are coming you know from the wars in their knowledge finally they need to mend you know for the how do you call it depression we do.
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