result of an unexpected enough that by saudi arabia on a steep discount on oil to his customers in europe, asiaand the u.s. stocks in asia fell as a result of the coronavirus, as in australia. >> another have been announcements about the russians and the saudi's in relation to oil. we are seeing a steep drop in the oil price in recent weeks. our financial system remains strong. our economy remains strong. reporter: the saudi decision a response to the conavirus outbreak, which is low demand. the saudis and russians could reach a compromise but in the meantime, prices could continue to fall, hurting will countries around the world, including venezuela and iran, already suffering under american sanctions. of italy'sr population in lockdown. 16 million are in virtual quarantine as authorities attempt to curtail the spread of the virus in italy. are stopping all cars on main roads and those who do not follow the rules could raise up to three months in jail or a 206 euro fine. and -- >> on a lively day like this it feels like we have been defeated. >> the facts are the entire province of venice has

europe grounded for some time. yes there are rumors for the last 2 days whole of asia system in europe for airlines cubicles except maybe color flights and trevor their patients so this is around a talk to several c.e.o.'s from some airlines but so far it's still flying. all over the continent but we see a lot of travel bans between nations but in my case from auster there's trouble banned especially in spain france so it's getting more difficult for airlines to operate some roads and no one is booking tickets actually kurt we're hearing reports that some airlines are flying without passengers these so-called ghost flights just to keep their lucrative landing slots in places like he throw for instance this is another big problem the airlines don't need isn't it. absolutely and i think given union and all those artists working on it to avoid this struck restriction that it also can not operate through on these airports to circulate the slots but this is really a very difficult time for all the airlines and as we see it again to come back to loved ones are they ask enough for state state and you don't have to forget

europe. then, competitors from asia and eastern europe sent the industry into a tailspin.old its own. ♪ reporter: but through investment and innovations in niche products like technical textiles that are, for example, fire-resistant, or smartphone compatible, the sector was able to recover. it now accounts for 10% of portugal's exports and 19% of all jobs in manufacturing. ♪ reporter: employees at dan liris work a 40-hour week with paid overtime and health insurance. this is unusual in indonesia. michelle tjokrosaputro wants to motivate her staff. her new incentives are focused on further training, opportunities for promotion, and workforce wellbeing. employees who have been working here for 20 years have observed many changes in that time. 35-year-old unami has been working here for seven years. she works in quality control. unami: the c company has suppord me. it fundeded my univeitity cour. the wages here at dan liris are better than those paid by similar companies. before i started here, i worked somewhere else, and that's why i know. ♪ reporter: -- michelle: machines

the largest number of deaths outside china public events have also been canceled across parts of europe asia and the middle east and the international monetary fund is warning that the outbreak will slow global economic growth this year john holl begins our coverage. contagion is spreading quickly across europe and the world and that means anxiety as much as the covered $900.00 virus itself staff at the world's most famous museum the louvre in paris shut it down for 3 days this week demanding better protection against the virus tourists went to news there isn't a place in the world that it's not going to get to and you can't just shut down the world you can though shut down parts of it battling europe's most prolific outbreak so far italy will close all schools and universities until mid march in an effort to stem the tide of infections and the rising death toll japan did the same last week and france has also ordered the closure of some schools affecting an estimated $35000.00 pupils. as dramatic for some italy's decision to hold all sporting fixtures in empty stadiums spain has done so to

largest number of deaths outside of china public events have also been cancelled across parts of europe asia and the middle east the international monetary fund is now warning that the outbreak will slow global economic growth. in the u.s. the race to challenge donald trump in of embers presidential election is down to just 3 candidates former new york mayor michael bloomberg has pulled out after a disappointing showing in the super tuesday primaries a surge in support for joe biden made him the big winner he has now moved ahead of bernie sanders in the battle for the democratic party nomination it now looks like a 2 horse race with elizabeth warren a distant 3rd the u.s. has carried out its 1st as strike against the taliban since the signing of a preliminary deal last week military commanders say they were responding to attacks on afghan army positions in the southern province of helmand in northern afghanistan at least $900.00 soldiers and police officers there were killed in 2 separate attacks in kunduz province 10 afghan border patrol officers have also been kidnapped or those attacks ju

colombia says it won't allow entry to visitors who stayed in europe or asia in the past 2 weeks it also closed its borders with venezuela from saturday which turns 2 cases but its border with ecuador will remain open. a plane carrying more than 120 south africans evacuated from new one in china has just returned home the group has been stranded there since the virus outbreak began they are now going to quarantine for the next 21 days. well as we've been mentioning a national emergency has been declared in the u.s. by donald trump and his vote to sign a sweeping bill that's now passed by the house of representatives that would provide paid sick leave and widespread testing once the measure reaches his desk the move comes amid criticism mr trump was playing down the importance of the pandemic here's alan fischer from the u.s. president a dramatic announcement officially declaring a national emergency. 2 very big words with more than 40 dead and the number of infected growing the president has opened up funding include states to take important steps to blunt the spread of the virus emergin

but now we can produce light. " >> two worlds with close economic ties: europe and asia! do they address soci justice? what are working conditions like? we visit eight countries on two cocoinents to find out how europe and asia work together. >> he sowed his fielelds with jute in early y may, hoping to harvest in august. moazzem bepari is s one of thre million farmers in bangladesh who raise the plant that's used to make burlap. the country has the ideal climate for jute cultivation. it's hot, very humid, and there's plenty of water here. but during the last rainy season, there was too much water. flooding caused major damage to his crop. that's why bepari now has to sell his jute under cost for less than he paid to plant it. that's a big problem for him and his family. >> "i feed my family by selling jute. what am i supposed to do now? i've got my backck to the waw. some of my jute plants were washed away. the market price is very low. and the government doesn't help us either." >> some 25 million people in bangladesh are dependent on jute. after cotton, it's the most co

colombia says it won't allow entry to visitors who've stayed in europe or asia in the past 2 weeks it will close its borders with venezuela as of saturday which has announced 2 cases but its border with ecuador will remain open. indonesia is stepping up measures to fight the pandemic its capital jakarta has announced its closing all schools for 2 weeks they have been 69 confirmed cases and 4 deaths. now as we mentioned earlier the us president donald trump has declared that national emergency and he's promised to sign a sweeping new bill just passed by the house of representatives that would provide paid sick leave and free widespread testing once the bill reaches his desk mr trump has been accused of playing down the seriousness of the pandemic alan fischer has more from the u.s. president a dramatic announcement officially declaring a national emergency. 2 very big words with more than 40 dead and the number of infected growing the president has opened up funding include states to take important steps to blunt the spread of the virus emerging every state to set up emergency operatio

three major global manufacturing hubs, asia, europe and the us. already, asia, europe and the us. der the problem of coronavirus. we are worried it could be a bigger issue in europe and down the line the us would need to worry a little. the outlook for the near term is for a lot of economic disruption and a lot of companies would be very worried about their revenues over the course of this year. if there is a risk that say, for four of this year. if there is a risk that say, forfour or six of this year. if there is a risk that say, for four or six weeks that production is disrupted significantly. kallum, thank you. joining us now is kallum, thank you. silvia dall‘angelo, who's a senior economist at hermes investment management. a bit ofa a bit of a bounce back but the signals from central bank that they might be stepping in, what tools do they had to step in and help? clearly, central banks... interest rates are running at a very low level. long—term interest rates are running very low, meaning that the qe programme, let's say, has less scope to really depress interest rates. in th

delta isn't giving specific numbers but says it will reduce flights to europe, asia, canada, mexico andhe caribbean. >>> with most people staying at home, many bay area transit areas are cutting back service. starting tomorrow. >> reporter: seems like transit agencies are making changes every day because of lower ridership. i want to get you updated on agencies with the latest news. cal train, b.a.r.t. and muni and vta. cal train running week day service but cutting 50%. 42 trains will be running during the week day. check that schedule. and b.a.r.t., changes in effect as well. they are running trains from 5:00 a.m. until 9:00 p.m. but they recommend you get to the platform at least by 8:45 p.m. to catch the 9:00 p.m. train. and sfo providing bus service for passengers and employees as well and there are buses available for the east bay b.a.r.t. stations for 9:00 p.m. to midnight. as for muni, just a heads up, changes as well. monday, march 30, service will be replaced by bus service. stations will be closed except for stations that serve b.a.r.t. keep that in mind. and updated on vta.

delta is a giving no specifics about the numbers but it says that it will reduce flights to europe. asia, canada, mexico and the caribbean. the announcement follows similar moves from southwest d also united. hero is extending its suspension of field work until april 15 2 weeks longer than originally planned. so this means that there's going to be a freeze on hiring and training of the thousands of workers that they need to you know campus, millns of homes that han't responded yet. the delay will affect door to door census deliveries up to residentdon't get mail delivered so that process was originally schedul to end july 31th, but now it's set in august 14th. a serial killer on death row at san quentin has been found dead inside of a cell lonnie franklin he was known as the grim sleeper. he was convicted in the murders of 9 women and a teenage girl in los angeles between 1985 2007. he was reportedly found in his cell on response of saturday night. the cause of death isn't clear yet franklin was 67. still ahead morning news, a new self isolation recommendation from the world health organ

deaths outside of china public events have also been canceled across parts of europe asia and the middle east the international monetary fund is warning that the outbreak is likely just slow global economic growth this year. and the former us vice president joe biden was a big winner in super tuesday as a primary vote he won in 10 of the 14 states who voted and has now moved ahead of bernie sanders in the battle for the democratic party nomination the former mayor of new york michael bloomberg has pulled out after a disappointing showing he is now offering his considerable financial weight behind joe biden. as the headlines this hour coming up next the stream looks at the effects of global warming around the world. hi everyone i'm. your in the stream today we'll take a look at 3 stories related to global warming. in east africa ice melt in antarctica and the future of the world's largest doomsday food vault you can join the conversation really easily in our live chat all told. authorities in east africa are racing to counter swarms of gracious locusts have been eating their way through t

means people are getting sick who have not had direct contact with somebody who has come from europe and asia this whole that means that they are extremely worried and must take all the measures possible before the winter comes here in south america all right on the scene newman thank you for that update from santiago. well governments around the world are using social distancing as one of the ways to stop the virus from spreading but health workers are urging the author already used to also look at the cost of exclusion and loneliness among the most vulnerable priyanka gupta has more. on the 2nd pandemic of the 21st century has led to the largest quarantine in human history bustling cities have turned into ghost towns millions are under lockdown in parts of asia and europe as . public squares communities have been converging for centuries are almost empty. in today's hyper connected world doctors and governments are urging less social contact to reduce the risk of infection but there are concerns that social distancing although vital in these times can also lead to social isolation intent of

europe. if the japanese conquer and control the resources of asia, what will we do? you can say we will trade with them, but what if they do not trade with? us would if they isolate us economically? how do we grow and prosper? remember, 1939, 1940, the great depression is not fully over yet. it is not better but still on. this argument says we might be in a state of permanent depression. we may not have any capacity for economic growth in a world dominated by nazi germany germany and imperial japan. this is a threat. we are in danger. our whole way of life can be destroyed by world dominated by these dictatorships. the internet and turn in the interventionists argued, if they destroy democracy, this is war. we become involved in this war. democracy at home will die. we saw a taste of it in the last war. the centralization of power in the federal government. unprecedented government control, government regulation. that will be just a tiny portion of what will happen in the next war the next war will be longer, and harder, and more deadly for americans. and one of the

europe and asia, the old world, quarrel-some, war-like. they were always like this, this is not our problem and our people and our fathers left that behind. we shouldn't voluntarily return to it. the next clip is from an interventionist, a man named wendle willky, a nominee for president in 1940. he echoes a lot of the white committee arguments. >> we must bend every effort to keep britain afloat and let us be very clear as to this fact, we cannot keep britain afloat with their words. [ applause ] we cannot keep britain afloat with no risk and undelivered goods. any such policy as that spells destruction. it is the most dangerous course that america could possibly pursue. we cannot defend freedom that way. >> the danger is not aiding britain. you say it is dangerous to aid britain. it is dangerous not to. our freedom is at stake. that's the dangerous thing. not helping great britain fight its fight. the airways in 1940, 1941, were filled with speeches like this. basically a major public figure could go to the radio networks and request tim

dead zone the euro zone so i don't think they'll fight each other they'll decide to fight in europe or asia or some 3rd countries not their sort of a mutual agreement to wipe out each other's proxies not each other is there a generational war brewing in other words the response to dead selling money we ourselves is the correct response ok boom or another this is a meme that's out there as they x. and millennial is really realizing that they boomers have loaded them up with debt and ecological destruction is in a mostly a generational thing even beyond the 99 percent of one percent is about this new generation basically inheriting a handful of nothing no not at all because the boomers are as much and are is much in debt. when the millennial is the fault and student loans the parents of kotor slime and they're broke and have to go back to work instead of living on social security it's the financial sector against the rest of the economy and that's what you're always talking about on your show and that's what the mainstream says you must not talk about who owns the dept to whom it's really the

european project because if we do not accept to create more solely the economy sorry diary across europe asia really going to be a big question. margaret yes in italy but also in france where you have strong euro skeptic girl movements like selvin the look then what do you do use that to say look you're a peaceful nothing europe is not can't be us we are now an issue focused on i wouldn't strengths so i think there's going to be a there are equally in the coming weeks should the european member states not get their act together and manage to have something that is written in c. and unified enough on the economy from ok toss them burn in berlin is there a recalculation here that has to happen in berlin in paris the axis of the european union and therefore for the european commission as well and is this the original calculation was post brics it oh every other european country has been cured of this idea that they might think about leaving the e.u. and now with those wealthy in the north poor in the south mediterranean countries italy france spain portugal as well they're looking in on this and

the internal displaced persons and they all are focusing concentrated in the middle east africa europe asia pacific and the americas just just in the in the middle east so alone you have the concentration the palestinian refugee camps that have been there forever in jordan west bank gaza syria lebanon. and you know there are about 1500000 of these camps just in that region. officially but i'm officially you just double that 3 to 4000000 so what we're talking about here is are areas in concentrations of people. that are already are living in very squalid conditions they have no access to medical hardly any medical care whatsoever they're in very crowded and densely populated areas so that it's impossible to do any kind of spacing out as socially distancing yourselves from anybody and and the fact that they cannot get these these vital necessary personal protection equipment. let alone ventilators tells me that if this if the if the virus is to hit these areas these concentrations it's going to be kind of catastrophic but cataclysmic catastrophic cataclysmic you did me one better pardon me fo

as the corona virus continues to spread across europe asia and parts of the united states people are in panic mode italy is affectively on lockdown airlines trains and other modes of mass travel are getting emptier employers are advocating for telecommuting schools and colleges are closing over corona virus threats and the white house is in a state of chaos president trump after initially blaming the democrats for the bias is now attacking the media over its coverage of the kobe $1000.00 he's taking heat for his reaction to the coronavirus and lack of a plan to handle it. democrats on the 2020 presidential campaign trail are also faced with addressing this health care issue head on soon bernie sanders spoke at a roundtable in detroit alongside public health experts one of them registered nurse deborah berger pointed directly to america's a posse and misplaced priorities when she shot down a question about how a free covert $1000.00 bechstein would be paid for burger president of national nurses united pointed out how we never 7 ask how to pay for other vaccines like polio our governm

landing rights which is the case for many carriers that fly between iran and other destinations in europe asia as well as the middle east so those are some of the things that the country is going through but really the government is struggling most to try to get the public on board with the guidance and the measures that it is saying will help combat the coronavirus. a lot for us there in thanks zain. now a top official in the u.s. has admitted there were missteps that delayed virus testing disease expert anthony found she says the government may consider shutting down sections of the country hit hardest by the virus the american military is restricting travel to and from italy and south korea where they have been large outbreaks despite the concerns though president trump says he will continue to hold political rallies well let's get the latest now from patty cohen who is live for us in washington d.c. patty so the pentagon instituting new travel restrictions the white house still under some criticism for not taking this all seriously enough. an incredible amount of criticism and that was hig

us stepped up its response to thwart the spread of the coronavirus following countries across europe and asia. to trumpet ministration also seeks magical imports from china which could cause prices to rocket. a full thought whistleblower rounds on the chemical weapons watchdog box connie claiming mistreatment and mismanagement at the investigation often at the top in syria.

global economy has been left reeling, following further dramatic falls on stock markets across europe, asia in stocks in britain for example is worse than the financial crisis of 2008. it is primarily a grave health situation but it has been a torrid time on global stock markets today. i think crashes is a fair description in terms of europe. let's look at what happened today, what transpired in the markets over the day. you can see the ftse100 down nearly 11%, the second worst day in percentage terms on record. worse than the monday of black monday in 1987. you will see the dax down 12%, that is germany. in spain the ibex down 14%. hundreds of billions of pounds of funding was put in for the dow, but it is still a bad performance. yesterday we had the budget where there was support from both the bank of england and the treasury. that is perceived to be effective but what is going on is a reassessment of how much it will affect economies and corporations in the corporate debt market. there is an assessment, people are starting to think these companies, these airlines, if people are not goin

the automakers have halted operations in the united states, europe, and asia. they have also sususpended some lines in japan. >>> this is "newsline biz," i'm gene otani. promised all out support for producing medical equipment and developing drugs for patients infected by the new coronavirus. economic revitalization minister is in charge of a new law enacted to fight the outbreak. he was visiting the national center for global health center. they treat patients and develop drugs. nishimura inspected ventilators and was also showed ecmo which takes over lung if you thinks and helps plunge blood back in. >> translator: we've secured about 4,000 of these machines, but we will continue to coordinate to production is ramped up. this is to minimize the number of seriously ill patients and most of all t the death toll. >> nishimura also mentioned economic stimulus now being planned. he said the government is going to quickly draw up an emergency package that includes cash handouts to struggling households. the assistance will be bigger than similar measures taken duri

coming up, talking about the impact of europe, asia, and here in the u.s. from the coronavirus.nd we will talk about latin america. this is bloomberg. ♪ romaine: much of the world in lockdown due to covid-19. much of latin america was untouched but now it is sitting there. they are warning that the rate in speed could leave latin america unprepared. joining us from sao paulo are managing editor. the big tone here in the u.s. as well as in europe over the last few days has been taking this a lot more seriously than maybe we did a couple of weeks ago. however, looking over in latin america, i still see folks in mexico and brazil and other countries not necessarily practicing social distancing and not necessarily on lock the way we are here. will we see that change? is there a sense of urgency here that latin america is at risk? dan: it has been a mixed bag. we have seen countries like peru, venezuela, and argentina take some very strong measures with relatively few confirmed cases and sometimes without any deaths. el salvador fanned foreigners from coming into the country a week o

we are talking about countries arefrica, europe, asia that affected by this. this is what happens when you have a centralized global supply chain in a single pedigree -- a single country. there is another important antibiotic used to treat people with sepsis, which can be deadly. a lot of people die from that. 27,000 people every year. this is an antibiotic and shortage now. if we go back to what happened five or six years ago, there was a plant in china making the chemical for it. it blew up. probably because they were not made with safety in mind. they rebuilt the plant. the fda but an and give it an ok but the european regulators came in and said, this does not meet western standards. but they allowed it to be sold anyway. to prevent a shortage. now we are at a point in the united states where we are making trade-offs between allowing substandard medicines , better to have something than nothing. if the american people knew that, they would be unhappy about it. host: let's go to our phones and talk to chris from ohio. chris is in the medical profession. wha

ascent stocks crashing to their worst losses in 30 years investors continued to bail out of the us europe asia and the middle east amid travel restrictions and business shutdowns that are bringing economies to a halt italy's ramped up its lockdown closing bars restaurants and shops of france or away in ireland are among the latest countries to close schools and universities efforts to stop gatherings a word to severe restrictions on sporting events including an almost complete suspension of professional sports in north america including basketball baseball and hockey in europe champions league football has also been suspended so we begin our coverage with what's been another torrid day for global markets on wall street the dow jones industrial average saying almost 10 percent its worst losses since the black monday crash of 1987 and london the. but see $100.00 closed down almost 11 percent all european markets altogether dropped 12 percent and the gulf to buy tumbled 8 percent cuts harsha 4.5 percent and saudi stocks lost 3 percent of their valued prison salome has around now from new york. th

steps up its response to the spread of the corona virus following countries across europe and asia. while the trumpet ministration also seeks to restrict medical imports from china which could cause price. and hosting u.s. and other coalition forces near baghdad for the 2nd time in a week leaving 5 people injured.

countries across europe and asia. ministration also seeks to restrict medical imports from china which could cause prices to surge. and a base posting u.s. and other coalition forces near baghdad is struck for the 2nd time in a week leaving 5 people injured. and head over to our dot com for more on those and other stories but the kaiser report is next with us. max kaiser this is the kaiser report the pandemic it dition special times require special reporting of course because report has been anticipating so much of what's going down around the world stop a big surprise for those of you who have been watching us for so many years is that right stacy max it is a continuation of the pandemic and the pandemic response of the pandemic situation we also have the oil wars going on allegedly some oil wars we have russia versus saudi arabia the price crash you know kind of started with when the opec plus when they met you know saudi arabia essentially and russia and russia decided not to cut any production based on the decline

southeast asia to europe and the americas in the 1830's, affecting the lives of people occluding native americans. we talked -- including native americans. we spoke to him at the organization of american historians' annual meeting in sacramento, california, in 2018. number ofhor of a books including epidemics and enslavement. talk about the cholera epidemic. what was it and how widespread wasn't in the 1800s? >> the cholera epidemic was one of the first global epidemics. cholera is a disease demo to south asia and it spread out of south asia into europe. 1830's a major epidemic in , 8031, 1832, that spread across europe. americans heard about and read about it in newspapers. in 1832ves in america and then spread throughout north america. it's is still in circulation in 1833 in 1834, a global pandemic. affecting millions of people. >> what wasn't and what were its symptoms? what was the prognosis if you have cholera? >> you would not want to get it. it is a bacterial disease that spread through the water, through contaminated water. it quickly inc. abates in the body and create massive d

europe, and asia, like japan. he would have the same guarantee and travel banks as we have seen in china, or similar. and that would slice the work that we were working at down to 596. work that we were working at down to 5%. meanwhile, central-bank work that we were working at down to 596. meanwhile, central-bank bosses in the us,japan 596. meanwhile, central-bank bosses in the us, japan and europe are all standing ready to help prevent an economic meltdown in the wake of the coronavirus outbreak. in economist i spoke to earlierfrom coronavirus outbreak. in economist i spoke to earlier from analogous caution that the influence central banks can have over economic economy will be very limited. even if you lower taxes, it doesn't really mean that people will consume. they have to be confident when they consume, especially consumer durables, which is collapsing. i think what you need to do is to keep the economy working, not necessarily immediately lowering taxes. at the beginning of this outbreak we thought it woul

suggest a steep recession for the euro zone ok just looking at today we have seen more goods in europe and asia before the perking up a bit can we expect this momentum to carry through the wall street today. looking at the futures market the u.s. stock futures are up quite a bit so both. for the dow and s. and p. are pointing up about 4 or 4 to 5 percent so the minton does seem to be carrying through this is in part because the these really enormous expansion measures that the federal reserve announced yesterday they're going to spend basically an unlimited amount of money to ensure that businesses have access to lending to get them through this crisis but i think that the stimulus bill from the u.s. from the senate is really going to be a key driver of markets going forward. thank you very much for now those. in frankfurt. and you're watching the news don't forget we have extensive coverage on the coronavirus crisis on our web site that's at d w dot com and was so many people being told to stay at home during the coronavirus pandemic keeping active can be a problem social media has a remedy st

steps up its response to force the spread of the coronavirus following countries across europe and asia. while the trumpet. ministration also seeks to restrict medical imports from china which could cause prices in the u.s. to surge. and the base hosting u.s. and other coalition forces near baghdad is reportedly struck for the 2nd time in a week as retired tory attacks cause innocent casualties and your anger from iraqi officials.

truffled bungled flights from europe there's talk of trading sessions in asia and europe where investors a signal to dissatisfaction with stimulus measures so. let's talk to a correspondent from chelsea delight in chelsea how significant. declines. we've been talking a lot about some of the biggest stock selloff since the financial crisis we're getting to the point where the selloff we're seeing are going to exceed financial crisis level talk to clients here in frankfurt that docks about 10 percent that would be a 2nd worst day ever and in the u.s. the dax as you mentioned is down about 9 percent but if you put that into perspective given that there's just extreme volatility we've seen it's on track to overtake its financial crisis level worst week ever so we're really seeing a continued pattern of extreme volatility and it doesn't appear to be letting up anytime soon. the european central bank measures to limit the impact of coronavirus how is that going down on the markets. it's been a pretty big disappointment a lot of investors had expected the e.c.b. the european central bank to com