shery: damien sassower, always great to have you. thank you.et the latest on the currency markets. we are seeing dollar strength. that is being reflected across currencies. dollar strength parent back from those three-year highs, but the japanese yen, the swiss franc surging. we have seen the japanese yen strengthening 2% of past three weeks against the u.s. dollar. i moved to the bottom of that panel, you can see who the biggest losers are. dollar, kiwi dollar, commodity related currencies. em fx could further sell down up to 30%. plenty more coming up. this is bloomberg. ♪ >> you don't have to buy so much. take it easy. relax. we are doing great. they have asked me to say, could you buy a little bit less, please? shery: president robert mugabe go to keep calm in the face of the coronavirus. this as the virus relief bill makes its way to the senate. let's bring in kevin cirilli. as we speak, prime minister trudeau saying that they are closing borders to all noncitizens. canadian travel restrictions will not apply to commerce and trade, but the

an intimate look at life in cuba if you go to rome and i'm going to let a guinness say presently damien's aslan maskhadov better weather than the moon my leave. cuba. on al-jazeera. a nation where corruption is endemic now embroiled in a battle to hold the power. has this radical transformation. been done to me that you will be shedding light on the romanians pressing for change and the unconventional methods to eliminate corruption remain people. on which is it. i'm kim della doha the top stories on al-jazeera the coronavirus pandemic has dealt another blow to global stock pockets on friday major indices in tokyo seoul and hong kong all plunged by rolled 8 percent within minutes of opening that was off to wall street suffered its worst single day losses since 987 the brazilian president's press secretary has tested positive for corona virus just days after meeting donald trump in florida is pictured here next to the u.s. president at his mar-a lago resort on saturday trump says he is not concerned and he won't.

brothers christian and damien devo from britain developed chase tag and 2011 they got the idea while they were playing tag with their children in their own garden. we got some scaffolding we made it did some experimenting with different core designs and sort of all of these and we did up most of them 70060 and then the 1st videos we put out went viral and then a kind of group on there we had you know each competition got bigger and bigger we got better athletes and then this is where we are now. community is growing on their you tube channel the brothers get up to $36000000.00 clicks per video and how some 700000 subscribers now organize tournaments the world over at this london contest 8 teams are competing against one another in. the u.k. i believe that exist. before getting down to business the german team gets to know the arena and explores possible tripping hazards. the more you know something bad can happen at any time especially if you want to catch the other team on your hand might end up under someone's body and could break last year everything went well and we hope this yea

toronto's damien lee had 23 points. andrew wiggins had 21. the warriors will be hosting the 76ers of philadelphia tomorrow night. >> wins are nice but it's always fun to watch him play. . >>> great to see the smile back, sal castaneda. we've missed him on the court. >> absolutely. he brings a new energy to the team. that's pretty cool. >>> let's go out and take a look at the commute here on 580 through livermore and hayward all the way out to castro valley. it looks good here. no major issues if you're driving on 880 or 580 in oakland. and, when you get to the bay bridge we've had a pretty nice commute so far. this first hour should be light unless something happens. it's 4:19. let's bring steve back in. >> have we discussed your traffic jams for the day yet? >> it's going to be a female artist in honor of national women's history month. >>> we'll get to it here. let's see if we can get some rain in here. it sure looks like it's on track. there are higher clouds up above. the lower clouds. so, for many today, maybe some flooeting moments of s

for more, i'mjoined now by our correspondent damien mcguinness in berlin.pain and italy, the death toll in germany is relatively low at the moment. yes, that's right. although germany has one of the highest rates of infection in the highest rates of infection in the world, the death toll is still relatively low. that is mainly because germany carries out a lot of testing for the virus, so that means that people who don't have any symptoms or few symptoms are also tested. what that indicates is not necessarily that germans are recovering better or are in any way better in dealing with the virus, it means elsewhere in other countries where there is less testing the actual infection rate is much higher than we know. here in germany, the debate is all about the rock —— the lockdown, because that has closed on the economy, effectively. germany is europe's biggest economy and it is important for the eu that germany keeps going. there is quite a ferocious debate here in germany, especially with the relatively low death toll, about whether those restrictions could

follows italy saying it has more than 9,000 total deaths from the virus. 0ur correspondent in berlin, damienhealth authorities have witnessed a sharp rise in the number of infections. germany has one of the highest rate of infections in the world. it is now thought to be more than 50,000. interestingly, though, the death toll, the death rate, is still relatively low. if you compare that with other countries, 9,000 as you are saying earlier, in italy. a catastrophic death toll there. in germany, the death toll is thought to be very low because testing is so widespread here. every week local authorities say it is thought around half a million tests are being carried out. that number is going to increase. the reason why this means a lower death toll is because lots of people who don't show many signs of infections are being tested. so that means, that indicates, that the actual real infection rate in other countries is a lot higher. now, german ministers have said, though, that the situation in germany is really the calm before the storm, those are the words they have used. so far we have had a

damien shut his restaurant in cambridgeshire and is now doing a ta keaway cambridgeshire and is now doingad service, but says the lack of information is frustrating. ijust make lack of information is frustrating. i just make bread lack of information is frustrating. ijust make bread and i donate the supply to the community and wait until i get more information and until i get more information and until somebody gives me some clues. there is growing confusion over whether construction workers can safely go to work. photos of crowded building sites have angered many. the government is now under intense pressure to support the self—employed, many of whom are now facing financial ruin, but it is proving complicated to design a scheme that is fair and deliverable. we produced a quite incredible package to support the businesses and the work force of this country. we do need to ensure we protect the self—employed as well and you will be hearing more about that in the next couple of days. a lot of our clients are struggling themselves, so clients are struggling themselves, so they have become le

damien grammaticas, bbc news, madrid.terms of where the uk stands relative to spain and italy with the spread of coronavirus. 0ur medical correspondent fergus walsh is here. those pictures are horrifying. how farare we those pictures are horrifying. how far are we behind italy? there are some striking similarities between how italy was doing a couple of weeks ago, compared to where the uk is now. now, italy reached 233 deaths on the 7th of march. that was 15 days after the first death, there. if we look at the uk and superimpose the uk on top of that, the uk reached the same total 14 days afterwards, on the 21st of march. you can see that, since then, italy has gone on to have over 6000 deaths, and the uk, 335. every country will have its own unique epidemic, but it is a stark warning of what may be coming here. how does social—distancing affect the spread of infection? very dramatically. this is the positive news everybody needs to take seriously. 0n this is the positive news everybody needs to take seriously. on average

thought to be the biggest economic rescue package in germany's post—war history. 0ur correspondent damiens this package going to be? the numbers are eye watering, then. we are talking pretty much almost half e1 trillion according to one estimate. what we are really looking at is massive support for companies, that could be loans or direct things like enabling tenants who cannot afford the rent to not be kicked out by landlords, new tenant protection to which are already quite strong in germany, will be strengthened. the most interesting measure, if you look at other countries and what they are doing, like britain for example, is that self—employed people and freelancers could get direct cash support. as you were just discussing, there is a question in britain about how millions of self—employed and freelancers will survive without any income at all. here in germany there are discussions to give freelancers and self—employed people, anyone from taxi drivers to freelance artists, a cash injection of ten details have not been announced yet but we will find more tomorrow. —— ten a cash inject

damien, many thanks. italy is closing all shops except those selling food and medical supplies.than 12,000 confirmed cases of coronavirus, and more than 800 people have died. sima kotecha reports from rome. this isn't normal. a street in the centre of rome, deserted. police patrolling the streets, trying to maintain a sense of calm. yesterday the prime minister introduced further measures to try to curb the outbreak. just to convey the mood here in rome, we've been here a couple of hours now and a woman just stopped us and said that we need to make sure when we are working that we are always a metre apart from each other. now, yesterday, prime minister conte announced more restrictions to be put in place. from today, all shops across the country will be closed apart from pharmacies — you can see that one open, there — and also supermarkets. inside this shop, there is concern. we are worried for the future, for the business, for italy. and for europe, because i think that what is happening here probably could happen also in other parts of europe. hospitals across the country are

led by damien lady who had 24. two shy of the career-high and back to back 20 point games for the first time in his career. after the game his wife who is steph curry sister went down to the floor and gave her husband a kiss. the big brother saw it on instagram and replied, not want to give advice but, get a room. >>> 20 mile-per-hour wind. the final-round of the arnold palmer invitational. rory mcilroy tied for the lead until the shot rolled across into the rock. the final-round 76. the world's number one finish tied for fifth. the latest hothead on the tour. kept his cool today. rolled in the shot to within a couple of feet and the lead despite shooting 2/74. the first career pga tour victory. >> was that his younger sister? >> yes indeed. >> by the way, last thursday was a rough game. two straight strong games. >> he deserved it on the court. >> exactly. >>> coming up in the next half hour, the presidential candidates are fielding a new question. are you going to stop the rallies to stop the spread of the corona

damien is head of energy research of goldman sachs. are we to a near term bottom in oil prices or have we seen it? >> thank i think we haven't seen it yet the supply system will take a long time to adjust. we'll quickly run out of storage locally. prices likely have to fall further to get the adjustment necessary on the supply side oil is unique. you have to store it somewhere that will create much more violent repricing. increasingly, i think very different around the world if you are the inland you are, the more challenge you will be that should be to significant volatility and divergence in oil prices we look at from a u.s. perspective in particular the rates are downside from here >> you say this will usher in major meg restructuring that they need. how fast does that take place? who wins, who loses? >> the rebalancing process will be extremely great on the rebound in prices, access to capital will be much more expensive and that will naturally lead to a concentration of the industry. producers that will grow are the ones that will

. >> damien lee scored 23 points and andrew wiggins finished with 21.oronto will the way in the fourth. 121-113. tomorrow night the warriors placed sixers. >> many local stations across america are moving to new frequencies. anytime after monday on 10 a.m., make sure your tenant can find all the off air channels. don't worry. you do not need to do a thing. we posted more information on rescanning your tv on our website is a long way before we get diversity in television and movies. it's the biggest rummage sale in northern california with shoppers and what they can expect at the weekends white elephant sale. we will be right back. california phones offers free specialized phones... like cordless phones, - (phone ringing) - big button, and volume-enhanced phones. get details on this state program. call or visit so, you bought those "good enough" paper towels? [daughter laughs] not such a bargain. there's only one quicker picker upper. bounty, the quicker picker upper. mess. but scrubbing still takes time. now there's new powerwash dish spray. it's the fa

damien shut his restaurant in cambridgeshire and is now doing a takeaway bread service, but says thenot going to call hmrc or anything like that. ijust make bread and i donate the supply to the community and wait until i get more information and until somebody gives me some clues. there is growing confusion over whether construction workers can safely go to work. photos of crowded building sites have angered many. the government is now under intense pressure to support the self—employed, many of whom are now facing financial ruin, but it is proving complicated to design a scheme that is fair and deliverable. we've produced a quite incredible package to support the businesses and the work force of this country. we do need to ensure we protect the self—employed as well and he will be hearing more about that in the next couple of days. a lot of our clients are struggling themselves, so they have become less responsive, which makes us a bit anxious. at the end of the day when it comes to cutting costs, we are the easiest to cut. planning is the key now for who can and who can't work. we

damien mcguinness.ockdown in a bid to contain the spread of coronavirus in the country. with factories and construction sites closing down, many have expressed fears that they would starve to death. state governments have announced that they will open centres to feed these people, but have been overwhelmed. many have opted to walk hundreds of miles to their villages as public transport has been suspended. our correspondent faisal ali gave us this update from delhi. it's happening everywhere, after the prime minister announced a complete lockdown on the 24th evening, and the next day, all trains were cancelled from everywhere. then, about two days, the flights also got cancelled. from a lot of states, especially in the eastern region, like bihar... like bihar, uttar pradesh, there are a lot of migrant labourers who were working in other northern states or southern states, like kerala or punjab, they all are trying to get back. there are no vacancies available. they arejust trudging on foot with their fam

i think polling people today and i'd like to hear damien's thought on this, i think it's hyperbole to suggest that all price, 40% of the oil pulled out of ground is ludsing money >> does that mean it gets shut down >> i don't know what's going to happen i wish i did there's all these things that we don't expect i will say if you're losing $10 a barrel. >> you better pump twice as much >> i think we'll have to see the industry shrink. the equities are reflecting that you don't need my opinion on that >> there's some of them now. you can see them down 40% from recent highs >> what do you think about how this will ripple across the energy sector. bryan made the point last week that a will the of the stocks were trading like oil was at 25. we're at 30 or so right here yet you have the stocks falling 30, 40% today. what is that telling us? >> i think the key take away is the structural component of this lack of agreement. what you may be seeing is we may be unwinding economical cut. since 2016, opec production is down 4.4 million barrels per day. the rest is up 5.7 at $60 oil prices that's

no overture mccully damien in brussels.e are hearing about open borders there. idea that free movement should continue but health ca re movement should continue but health care measures should take precedence. belgium has 267 cases. there is one death reported so far, i believe. they are very conscious here about the pressure on intensive ca re here about the pressure on intensive care beds. they say around 1500 intensive care beds available in belgium. 20, at the minute, are occupied by covid—19 patients. what they are trying to do is free up intensive care beds. they are conscious that the geographical spread is right across belgium. a lot of that is people who have travelled to or have been exposed to those who have travelled to italy. casesin those who have travelled to italy. cases in the northern part of belgium, flemish speaking areas, cases and all sorts of areas. in nato institutions, in eu institutions linked to schools and right across the country. at the minute, we are still in the containment phase here, but th

the chinese city of hand with the outbreak started it was a good day for the hosts with 2 dream damien's advancing to the court. one veteran athlete is hoping tokyo can still stage the games at $57.00 which. is set to become the oldest table tennis player at an olympics the move from shanghai to luxembourg 3 decades ago and now represents the european countries. and the kite surfing world through has started and you could also be part of the action believe it or not you have to set a video of yourself showcasing your skills to the sport's governing body and if they deem you of a sufficient skill level you just go $120.00 registration fee your way the season opener was in cape verde some 500 kilometers off the west african coast straightly is james career and portugal's in a scare or 2 winners just so you know who you might be up against. that's where we'll leave it for now most sports news for me again later thanks pizza you have been watching i was there a news hour with more news on the other side of the break with intellectual piece of tape that's your time as a couple. from fossil fu

damien mcguinness reporting there from germany.ews: resident trump has signed into law a $2.3 trillion emergency spending package to relieve the impact of the coronavirus on the us economy. frontline nhs staff in england will begin being tested for coronavirus this weekend, after heavy criticism over a lack of testing for health workers. and pope francis has lamented the "distressing void" descending over italy, as fears grow that the virus is spreading south. tighter restrictions have come into force in russia to slow the spread of the coronavirus. shopping centres, restaurants and cafes have been ordered to close for nine days in the hope that russians will stay at home. our correspondent steve rosenberg has been out on the streets on moscow. well i am in the centre of moscow and it is eerily quiet. this pedestrian street is just off red square, normally it's packed with people. especially on a sunny spring day like today. but there are very few people here now. that is because from today in moscow, and across russia, cafes, rest

let's get the latest from our europe correspondent damien mcguinness who is in berlin.heir houses unless it is for specific reasons. in france, police are checking whether people have a form which will detail why they are leaving the house. you are allowed to go out the necessary work, for necessary supplies to the shops or to the doctor, but most other activities are effectively banned and you could face some heavy fines if you contravene those rules. what we are now seeing across europe as eve ryo ne we are now seeing across europe as everyone is of course looking to italy, terrible situation, 5000 deaths, 800 new deaths in the past 24 hours alone. everyone is looking to italy because britain and germany as well as just one or two weeks behind, as helen was saying now in her report, just one or two weeks behind italy. when we look at the strain the health service is undergoing, especially in northern italy, hospitals are struggling to cope with the intensive care facilities needed, then that really goes to show why this social distancing is so necessary. here in germa

very briefly, damien first, and then you helen, what is the best thing about isolation, damien?ng. —— it's a gentleman this morning. —— it's a gentle one. time now for one of our regular gentle home work outs with diana moran, better known as the green goddess. good morning, everyone, i hope you're feeling well. time to move a muscle or two. i think we'll do a bit of tuning up this morning, ready for you to get out and do some gardening, perhaps, that's what i'm going to hope to do later on. or maybe take yourself off for a walk. so, let's start, once again, by warming up our bodies. so, up off your chairs. and just start lifting those feet. that's right, just a little bit of a gentle walk. now, lift those knees higher, and start swinging your arms as well. this is intending to get your heart beating, get the body warm and ready to move a few muscles. come on, let's keep going. move those arms. lift those knees. yes! there we go. that's all right. let's just go down quietly now, just a little bit. 0k. fingertips together in front of your chest. and let's fling out the arms, work

damien grammaticas, bbc news, madrid.asn't held his daily corona virus briefing yet. he will be holding it at 8:30pm london time. that address will come off the back of the meeting with the emergency planning committee progress. let's check in with our political correspondent jonathan blake who's in westmisnter — do you think a big announcement is coming? it seems to be a clamp—down on public movement. that seems to be the way things are going, he has been sharing a meeting with the committee cobra and downing street later on this evening. before that the group for emergencies mapped as well and they have been talking about the need or possible need to impose further restrictions on people's movement after seems at the weekend where many people it seems weekend where many people it seems we are choosing not to follow the advice that the government has put out over the last few days, to enforce social distancing and a more strict way than we have seen so far. the prime minister will address the nation in a televised addres

as damien says, it is one of many important talking points to negotiate.ues dividing the two sides as these talks begin? 0ur reality check correspondent chris morris is here: there's been some pretty tough talk before these negotiations have even started — not surprising, there's a lot at stake. in fact things could well get worse over the next few weeks — there are plenty of gloomy predictions. both sides would like to end up with a free trade deal with no tariffs (or taxes) and no quotas on goods crossing borders. but how do you prevent unfair competition between businesses in the uk and the eu, which could allow one side to undercut the other? this is what's known as the level playing field. and some version of it appears in most trade deals. but the eu's demands in this negotiation are particularly strict. it wants the uk to follow eu rules in the future on state aid — that's things like the amount of subsidies governments are allowed to give to businesses. and it wants the uk to stick close to current eu rules, on issues such as workers' rights and th

damien shut his restaurant in cambridgeshire and is now doing a takeaway bread service, but says theng. i'm not going to call hm revenue and customs, or gov.uk, whatever. i just make bread. i'm going tojust supply the community and wait until i get some information and until someone got actually some clues. there's growing confusion over whether construction workers can safely go to work. photos of crowded building sites have angered many. the government is now under intense pressure to support the self—employed, many of whom are now facing financial ruin, but it's proving complicated to design a scheme that's fair and deliverable. we've produced a quite incredible package to support the businesses and the workforce of this country. we do need to ensure that we protect the self—employed as well, and he'll be hearing more about that in the next couple of days. a lot of our clients are now also really struggling themselves, so they've become a lot less responsive, which makes us a bit anxious, because at the end of the day, when it comes to cutting costs, we're the easiest ones to cut.

alix: to that point, you said yesterday damien we are getting to the end of the quarter.equitiesso much they have to buy so much in treasuries to offset that. can we take these moves seriously? thean: i can tell you what data says. despite the fact we had a rally yesterday, hedge are down 9%. --you look at asset managers what is interesting as asset managers use etfs their liquidity sweep. that is why you saw the -- in all these etf's. i think the first day in over two weeks of inflows into all of those etf's has got to tread back in. we need to be watching that. catch ups, so good to with you. always appreciate it. thank you so very much. coming up, the weird thing happening in the gold market. this is bloomberg. ♪ is is bloomberg. ♪ >> this is bloomberg daybreak. we begin with billionaire --, he laid off roughly 40,000 people at his casino. he is calling on the government to allow businesses to reopen. to avoid economic disaster. mr. for tita owns the golden nugget casino and restaurants including -- boeing will reportedly resume production of the 737 max jet according

michael: i'm got a chart of exactly what damien is talking about. alix: of course you do.ughter] michael: but take a look at what is happening here. , and the spread has gotten wider as more demand for dollars has come in. look at what happened today. it has just loan out -- just blown out. the question is, and maybe damian has a better view on this, where is the strain coming from? the fed did establish the swaps were lower, but that is only with five major banks, so i am guessing we are seeing demand from leases like south korea and emerging markets that don't have the swap lines with the fed. damian: i think that's exactly right. emergingened is markets borrow from other developing markets, specifically japan, where it really all originates. esty have the cheap funding cost excluding the dollar globally. it is really being drawn from the periphery, from the emerging markets, for sure. alix: so how do we fix this? michael: i am just going to keep doing charts all day here. [laughter] alix: that's all mike does, everybody. michael: this is commercial paper, and the spread

you are seeing the portland trail blazers, the great all-star guard damien leather telling people toember wash her hands, doing all this. bill walton, seeing all the guys coming out to do this. they are doing their part because they realize they do affect on like the spring break or plover lists that we are seeing, the younger crowd listening to their role models like we grew up watching mj, jordan. these players are now looking at this. >> everybody knows lebron james is going to make rent and a lot of these people supporting their leagues are not going to make rent. very quickly, your thoughts. >> i love the owners and presidents of these teams, i've talked to a number of presidents of teams and the number one thing ownership shares immediately last wednesday, we have your back, you will be taken care of. that's what we nee need to see throughout the week. that needs to be passed everywhere. >> trace: thanks to see you. thank you so much. the u.s. now has 9400 confirmed cases of the virus. continuing coverage of breaking news, i'm trace gallagher. [♪] are you currently using a whit

thank you, damien, live from madrid for us this morning.2900 redundancies are expected. what they put it down to, a change in the mobile market, we are ordering more online, not operating as often and not buying the big bundle of packages in the way we used to and how much have we talked about footfall in the high street, people are not going into high street stores as much, but pc world and cu rrys stores as much, but pc world and currys are not affected and we expect more detail later on. any update on the airline industry? you mention the chancellor will be making an announcement at the coronavirus press conference later. we understand that the transport secretary will be talking to airline bosses later on. they are worried, british airways have called this the worst aviation crisis in history. easyj et worst aviation crisis in history. easyjet and rya nair worst aviation crisis in history. easyjet and ryanair have not ruled out grounding all flights. we'll be looking forward to hearing what the transport secretary and the chancellor hav