of the european center for international political economy and here in our london studio with me gareth leather senior economist who specializes in asian and emerging markets at the firm capital economics welcome to all of you gareth a dreadful week on the markets how bad would you say how clearly it's devastating the worst in a single day since that monday in 1987 i think what it is it's investors around the world waking up to the realisation of how bad this is going to be in kind of january february i think there was a hope they would be limited to china and maybe other parts of east. asia but it's clear now that this is going to devastate economies in europe and america at least for the next couple of courses and i suspect. we have before black monday a black friday will this go down do you think in the history of the stock markets as the black thursday i think it absolutely will and you know while i wasn't around to cover the markets in 1907 i was around for the 2008 crisis and i can tell you that this feels actually worse than that if i can you know if that is possible and the reas

gareth barlow thank you very much for bringing us up to date on that.rld on her 103rd birthday. she says "keep smiling and keep singing" while social distancing and in self—isolation, because it will help pass the dark times. freya cole reports. # we'll meet again. # don't know where, don't know when... 103 years old, dame vera lynn's spirit is as strong as ever. # some sunny day... she's released a new video showing archive footage of her performing her signature tune. it's been more than 80 years since it was first released, but the lyrics are as poignant as ever. # always do... # till the blue skies drive the dark clouds far away. known as the force's sweetheart, dame vera lynn entertained british troops during world war ii with songs that captured the hearts and lifted spirits. during some of the world's darkest days, she travelled as far afield as egypt and myanmar to boost morale on the front line. along with a new video, the singer released a statement, saying: # but i know we'll meet... at the very end of her birthday video, the 103—year—old rec

gareth balch chief executive, two circles joins me now. $500 million, that is what it has cost.ugh the implications for sport. making their own choices. it's just the beginning, isn't it, have massive disruption. last week, we saw the unravelling and sports often is a microcosm. hit early and hard last week. this week we're going to see further postponements and further wranglings about how this is all netted out. the costs and implications are currently uncalculated and most onshore sport will come out a bit stronger, it's going to be very ha rd stronger, it's going to be very hard times for a while. you say sport will come out stronger but some will be vulnerable, those smaller clubs, football clu bs those smaller clubs, football clubs in the uk that are financially quite strapped anyway. if they have to close their doors, not have matches, not get the money into the tickets, they could go under. that true and that will be the case as well. sport is a medium will come out stronger. the place it has in our lives. i think what's true is the face about my change. many of the busi

thank you for your comments by the way, gareth says "to get a deal i would book hotels through variousthe deal are fa ntastic". vouchers, the deal are fantastic". teddy says "i have used a broker and it is invariably cheaper when i booked direct". anything that actually booking direct is usually the best option. so interesting, thank you for your comments. and finally, i love this story in the mirror, it makes absolute sense. training dogs to find vulnerable people, dementia patients for example who perhaps go wandering. what a really good idea. it is amazing, what they do with these dogs is they introduce them to the centre, they prickle accent from people with dementia and then they give that sent to the dog, and they can go out and find the person, they have found instances where this has worked and they have involved over 100 dogs in this programme, it is £1 million scheme. people are saying that every day numerous people who have german —— dementia going missing. a patient goes missing every five hours apparently. and the numbers of people are extraordinary that already have demen

perhaps on monday, gareth davies told us, that government health advice could be very different, so this match is off. the final round of six nations fixtures are a complete write—off. everybody seems to be falling into line. thank you. in the midst of all these cancellations and postponements, there is some sport to bring you,the cheltenham festival has gone ahead this week. today was gold cup day. lizzie greenwood hughes is there and it's safe to say there was a popular winner. i feel honoured to bring you a result. willie mullins and al boum photo, that becomes the first horse since 2004 to win sit... it was that early success that caused the odds to planet on al boum photo. 130 favourite he was, and it was very close. if that race had been a few more yards, i think santini might have caught him on the line, but i spoke to willie on the —— after the race, and he said he was confident the horse would do well. the only worry he had was when he discovered a few months ago that he had escaped from his stable and was tucking into a bag of carrots, and he had to lead him back to the stable.

good morning, gareth, what would you like to ask?t the banks are going to be deferring loan payments and mortgage payments so if i have to self—isolate, what help, or is there any help to cover the cost of my rent and what about sick pay for myself? good morning. ithink rent and what about sick pay for myself? good morning. i think the sick pay query came up right at the start of the programme. if you are self—employed then you typically won't have any entitlement to statutory sick pay. but there are other social security benefits that you would be advised to apply for, and apply for sooner rather than later because they can take a short while to be processed so things like universal credit and there also an employer support allowance which you may be able to be eligible for. in terms of other financial support that the government has announced, they have indicated that there is a grant for small businesses so you may be eligible for that. there is a business interruption loan scheme which the banks are running so again, something yo

gareth davies, the wru chairmanjust pitch side said in the last 40 minutes said the reasons why it wasement saying that on medical advice there is no reason why we can‘t have a large public gathering, and this match goes ahead. a little over four hours later, the statement came out saying that whilst medical advice remains consistent, we have decided it is in the best interest of supporters, players and staff to fall in line with recent measures taken across the uk and global sports industries to fall in line with football, because after they released that statement in the morning, we had, as you are mentioning, the premier league, afl and scotland as well all shutting down for a number of weeks, and this place was going to be the last major eventin place was going to be the last major event in the world to be played out in front of spectators, and there was just the feeling that they didn‘t want to be the last ones standing. they were very aware of the disbelief from the public. they didn‘t want that backlash that they we re didn‘t want that backlash that they were going to be going a

having a down moment, is there a gareth malone happy song?have to get through together. have you seen the clip of the hollywood stars all singing imagine, doing the rounds a little bit today? i have not seen that yet but i saw the italians last week. so much of this going on. my friend has started a choir, a guy has started a sofa choir, happening over the world, and artists are well placed to help in this situation and we cannot cure it, but we can at least make people feel like there is a human connection. that goodness for the internet. 100 years ago with a pandemic, we did not have this. i'm grateful i'm still able to see my friends, my parents, have some connection and we can still make music. i think we can play you a little bit of the imagine song. do you want to have a listen?” little bit of the imagine song. do you want to have a listen? i do. # imagine no heaven... # imagine no heaven... # it's even see if you try... # imagine no heaven... # it's even see if you try. .. no hell below us # above us only sky. # above us only sky. # im

choirmaster gareth malone has set up a digital choir service.ho have already signed up. i'm delighted to say we can now talk to gareth malone who is in north london. good to see you, thank you for being with us. thank you for having me. 0ur pleasure. where did the idea come from? about two weeks ago i started thinking people would be bored at home. first i thought we would do a playlist of two weeks' worth of music, but then i thought that was not enough, it needs to absorb families. my own kids will be home potentially for a long time. as it turned out we went into isolation because my wife had a fever, but, touch wood, i don't think she has coronavirus, but you don't know. we are all on lockdown and i thought many people would be bored and would wa nt to many people would be bored and would want to do something. there are so many people up and down the country who are missing their acquires, a sense of community, the contact. it is very challenging to do it over the internet. the internet is wonderful in many respects, but it is not great for

let's speak now to the labour mp for harrow west gareth thomas.right on the border. what did you make of this 24—hour critical incident?” border. what did you make of this 24-hour critical incident? i was very concerned. it is a worry, as it indicates the pressure the staff are under. i know some members of staff there and i know they are doing an incredibly important job but there and i know they are doing an incredibly importantjob but they are worried about the situation in the hospital more generally. 0bviously, one thinks of the patients who are needing the treatment and the fact that the hospital had to declare a critical incident. it obviously means there area incident. it obviously means there are a lot of people needing treatment. 0ne are a lot of people needing treatment. one is worried for the future of those constituents. treatment. one is worried for the future of those constituentslj future of those constituents.” presume you have been talking to some of the staff, what have they been telling you about the pressures they are under an

you just sense that was the wake—up call for the wru and that is what i put to their chairman garething, before we understood what the other sporting bodies were doing as well in terms of the afl, the premier league, and the celtic rangers match, plus worldwide, we understood that other major sporting events that were global such as the australian grand prix, players championship in jacksonville, they we re championship in jacksonville, they were also being pulled, so we made a decision. we spoke to the government in terms of whether they had changed their stance, but it had not changed until the weekend, but we decided as the board that the right decision was to call the game off. and what about the fans in cardiff and those who have travelled from scotland ? it was a packed train down. we broke the news to several scottish fans. they kind of shrugged their shoulders, said it was inevitable, but there are many fans who travelled from further afield that we re travelled from further afield that were pretty upset because of this delay. they saw that first statement, didn't cancel thei

marathons for the time being, so a runner in england combined distance running with social distancing, garethhon in his backyard. more than a thousand laps over six straight hours. >> i'm going to have a little lie-down. >> reporter: another sport, the game of squash, played all over the world, even in front of the great pyramids of egypt. with clubs closed a family in pennsylvania created their own squash court in their basement. >> we just made this out of six sheets of plywood. >> reporter: the joyce brothers hitting rails, boast drop shots and having some long rallies. it's going to be a delayed start with so many sports and at fanatics they make uniforms for the big leagues, but now they're adapting. >> it's nice to be able to help and be able to have an impact in this somewhat quick way. >> reporter: the factory turning those famous pinstripes into gowns and masks for health care workers in desperate need, still making uniforms, but now for a different type of superstar. incredible what people are doing during this time. thanks so much for watching. i'm tom llamas in new york. "gma" fir

some wise words there from gareth southgate. that's all the sport for now.velopments again this morning. the government is taking steps to boost the resilience of the health service, as infections from the coronavirus grow in the uk. as infections from the england's top nurse and top doctor have urged medics to re—register and return to the workforce, to help tackle what they call the "greatest global health threat in history". let's take a look at some of the developments today. letters are being sent to more than 65,000 retired doctors and nurses, saying ‘your nhs needs you." in other key developments, the government has published a list of key workers in england whose children will still be able to go to school after they shut down. the chancellor is set to announce a wage subsidy package to protectjobs amid warnings of millions of lay—offs. ministers have pledged to ensure that all hospitals have enough protective gear and ventilators. the queen has urged people to come together for the common good. so far there have been 144 deaths and 3,269 confirmed c

the look on gareth evan's face shows you he should have done better.n's cross was good, 1—0. this time it was eddie with the finish. is forced it in, arsenal have the comfort of a second goal! that's his third goal in his last full. sachar couldn't find the back of the net. two goals would be all they need. a comfortable night for arsenal as they look for a 1ath fa cup title. craig templeton, bbc news. meanwhile, in the only championship game of the night, nottingham forest snatched a late equaliser to level it 2—2 against middlesbrough. boro had come from behind to lead 2—1 at the riverside stadium, thanks to goals from rudyjeestead and lewis wing. but lewis grabban's equaliser means middlesbrough stay in the relegation zone. as for forest, they remain fourth in the table. meanwhile, doubt has been cast over whether the six nations would continue this weekend. after ireland against italy was postponed, officials decided earlier today that the other two matches this weekend, england against wales and scotland v france, will go ahead as planned. our spo

gareth has a very positive impact that china has been a driving force to reduce the cost of renewables especially wind turbines and now more recently with solar panels. what is the take away from that? >> they haven't been able to leave at revolution. >> the eu would welcome that. it serves the same goal. they are not going to fight the goal of cyber data fo date for g the climate change on its own so this is going to be one of the most welcomed chinese policy professions that allow the eu and china to see eye to eye. so there is a question of competitiveness and maybe it is the chinese companies get a bigger market share when it comes to these companies but when you think about the driving factor and motivator that is something i think they will be celebrating. >> any last questions okay we will stay on right here. >> privacy and digital identity activist. we have colleagues at the university of southampton that did it paper called for internet anintranets and it's about the european internet which is prematurely around sort of social and humanistic norms and the american internet whi

where is gareth? is that all correct? >> yet. .- yep are watching that situation very closely. we do not have a significant issue yet of spread in the prison system. we have taken certain precautions. we have stopped circle visitation -- stopped visitation. do not have that problem yet. >> yet. gov. cuomo: if we have a problem, we will address it. >> [indiscernible] millionmo: those are 2 we are requiring. how many new n-95s have we ?dentified two by gecko -- buy >> we are looking to buy in bulk and get as many as we can. gov. cuomo: 2 million is as many masks as we have identified two by -- to buy. say "wee companies who have the masks, we will sell you the masks, i will send these to you by this date for this amount of money." ares that usually cost $.80 now four dollars. look, it is price gouging, but we need them and most of these are coming from overseas. so far, 2 million new masks we have identified. [indiscernible] a trademo: there is association called the greater new york trade association. between the voluntary hospitals and the public hospitals, they will be distrib

where is gareth? is that all correct? >> yep. [indiscernible] gov. cuomo: we are watching that situation very closely. we do not have a significant issue yet of spread in the prison system. we have taken certain precautions. we have stopped certain visitation. but if we have a problem, we will address it, but we don't have that problem yet. >> yet. gov. cuomo: if we have a problem, we will address it. >> [indiscernible] gov. cuomo: those are 2 million we are requiring. how many new n-95s have we identified to buy? >> most of the stock. we have been at this for weeks. we had so many people reach out. we are sorting through that to get more. 2 million are the number of masks we have identified to buy. these are companies who say "i have the masks, i will sell you the masks, i will send them by this date for this amount of money. $.80 that normally cost are now four dollars. it is price gouging, but we need them and most of these are coming from overseas. so far, 2 million new masks we have identified. >> [indiscernible] gov. cuomo: there is a trade ass

that's according to the mp for dartford, gareth johnson.g to the tate modern for the first first time in almost 20 years. as well as famous images of debbie harry and marilyn monroe the exhibition will include work that has never been in the uk. let's take a look at the travel situation now. on the tubes, the bakerloo line is part suspended. that is part suspended. is for emergency engineering works. there are severe delays on the northern line. that is because of a faulty train at highgate. and there's no overground between euston and watford junction. that is because of damage to overhead lines at the weekend and thatis overhead lines at the weekend and that is still affecting trains at euston. one line is closed to watford junction — while repairs are done. on the roads — bloomsbury street remains closed at high holborn for roadworks. you can see them there. in the city — london wall is closed from moorgate to the museum of london roundabout. finally, in croydon, park hill road is closed for repairs to a burst water main. now the weather

>> good morning, gareth. what you're seeing in times square is what we're seeing here in italy.hat we've seen for the past few days, the government has told italians to stay indoors. by the look of it, i'm standing here in one of the most popular areas of rome. everybody is listening because they are scared. they understand the situation. yesterday and friday at the same time they found a way to boost morale, to lift the spirit by showing up on their balconies, on their terraces, at their windows by singing the national anthem, by singing popular songs. some were playing instruments and there was some sort of social distancing flash mob. and the initiative was so successful that today at 12 oshg, that's in about half an hour from now, there are some social media calls for people to show up across the nation for a big nationwide round of applause for the many doctors and nurses and social workers who are putting in exhausting hours and extraordinariest on the front line of the battle against coronavirus. >> all right. thank you. >> now to the race for the white house where the im

gareth, is that all correct? >> yes. >> okay. >> governor, you had consideration of getting people out of state prisons that if they get infected, it may spread like wildfire there. >> we're watching that situation very closely. we don't have a significant issue yet of spread in the prison system. we've taken certain precautions. we've stopped certain visitation. but if we have a problem, we'll address it, but we don't have that problem yet. >> so you're not letting people out yet, you're waiting to see what happens? >> right. if we have a problem we'll address it. >> on those n-95 masks -- >> those are 2 million that we are acquiring. how many new n-95s have we identified to buy? >> that's most of the stock. we've been at this for weeks and yesterday, of course, we had so many people reach out, so we're sorting through that to get more. we're looking to buy in bulk obviously and get as much as we can. >> 2 million are the number of masks we have identified to buy. by the way, just a little caution. these are com

major league baseball preseason game was marred by a dangerous foul ball tampa bay rays prospect gareth whitney was hit by a foul ball game against the baltimore orioles the 22 year old was struck under his eye while he was sitting in the dugout and mazing levo whitley suffered no serious injuries and has been released from the hospital. ok and that is all your sport for now kyra thanks so much for that another sport up that far in the next hour of 1300 hours g.m.t. i will see you for that and a couple of hours so after the break the latest news right here in the office. she was black gay i'm from rio de janeiro's her velez. she was also an elected outspoken councilwoman until she was assassinated. people in power investigates the killing of a vocal critic of brazil's security forces and the legacy of empowerment she left behind the murder of mario franco on al-jazeera. once hosni mubarak became president so began a story of conflict and isolation on one side a wife and son their sights set on succession on the other the president the crease in the distance from the egyptian people when

infected with corona virus wayne hay al jazeera let's talk about china and the global economy with gareth leather he's a senior emerging markets economist specializing in asia capital economics and joining us now via skype from southwest london thanks very much for your time with us on the al-jazeera news hour so the numbers coming out of china point to a decline in out preproduction point to a decline in unemployment is the worst over for china. there was looks to be over in terms of domestic demand surely then you know sure the numbers today were pretty shocking sharing show of force in your new exams with infection rates in china now forming shoppy there are signs that the economy that is improving will be very gradually the flipside of that course is that while the domestic outlook in china is improving the external one as overseas go a lot worse with infection rates rising across the world and the restrictions being put in place on economic activity explore some china are going to set up shop in the economy although probably it will recover will be very slow to rebound right and the

gareth mccartney. great to get some time with you.aking over the political level in some senses, we're going to be speaking to chairman of the e.c.b. bank supervisory board about bank dividends. not to say that he is political but the things that he says will be certainly discussed at the highest levels in berlin, in london, in paris. don't miss that interview at 8:00 a.m. u.k. time. coming up next, as europe is set to stabilize, the u.s. is emerging as the new epicenter of the coronavirus outbreak. we'll be bringing you the latest news from the virus in new york. this is bloomberg. ♪ ♪ matt: welcome back to bloomberg markets. this is the european open. we are just about 35 minutes away from the starts of cash trading on a day when the world health organization says the coronavirus outbreak in europe may be starting to stabilize. but over in the u.s., the number of cases and the number of deaths is surging day on day. president trump seems reluctant to follow europe's lead and introduce a nationwide lockdown. here is more from new yor

we can speak to gareth cummins, a landlord in dublin, about the impact it‘s having on his business.to call it. we were going to lose indefinitely. yesterday a noon at around apm the government announced that from midnight last night there would be complete close your across—the—board. night there would be complete close your across-the-board. give us an idea, i don‘t know hamley staff you employ, what is the situation? from what we gather you probably have no idea about when you will reopen. we area idea about when you will reopen. we are a very small pub. independently run with no backers norfinancial aid. we have been at the same location for nine years. we have three full—time employees and may be for part—time. we operate, we hold maybe 200 people, may be, maximum. it isa maybe 200 people, may be, maximum. it is a busy part of the city centre. as it stands we have no idea. we are getting use the same as everybody else in the country, reading on the internet and it is not like we‘re getting a private e—mailfrom the not like we‘re getting a private e—mail from the government or ou

this is gareth allen from southampton. fact for you, the london marathon began on this very day 39 yea rs marathon began on this very day 39 years ago, 1981. but not happening this time around. i thought it was older than that. some of us are old enough to remember. get running around that backyard, holy. we will be counting it. let's check in with matt for the weather. and we have hit british summertime or have we? we have as far as the name is concerned, not as far as the weather is concerned. good morning to you. dare i say, wintry showers around. some of your cross north—east england have woken up to a slight dusting of snow. showers further south, mainly rain, some heavy ones across parts of east anglia and the south—east during the next few hours. 0ne south—east during the next few hours. one or two showers will make their way westwards. chiefly across western districts. a wind is coming in from the north or north —— north—easterly direction, bringing airfrom the arctic north—easterly direction, bringing air from the

and check out their own website because that might be the place to get a deal, so let us speak to gareths to scar the murky and find the best hotel deal, but we found when we cold or e—mailed the hotel, eight out of ten times, we got a much cheaper price. the crucial thing is phoning the hotel or e—mailing the hotel, because a lot of the hotels listed on these sites have a rate parity clause which means they can't undercut the booking sites themselves, so phoning and calling is the best way to secure yourself an even cheaper deal. as i touched on, a lot of these websites will make big claims and lots of adverts, very expensive adverts, saying they will offer you the best deal. how can they make that claim when you're evidence suggests that it is not the case? these clauses cover the fact that i hotel's website cannot list prices any cheaper, but these hotels and small b&bs are paying a commission to the online travel agent, usually between 15 — 25%, and thatis agent, usually between 15 — 25%, and that is the wriggle room you have is a potential customer to call up a hotel and say, you do