anna, matt? anna: thanks very much.cts are continuing to to the spread of the coronavirus as the number of cases approaches 100,000. the global rally has broken more records and there has been volatile trading. joining us from geneva is the global head of fx at lombard. i want to start you by asking about the dollar. i have a chart that shows this oversold at this point. where do you see the dollar heading? >> i will be honest. in the short-term, it is oversold. i think the situation is so unpredictable in the short-term. new cases in china are being announced the markets remain jittery. it makes any short-term framework out of the window. head,eds to keep a cool acknowledging a great deal of uncertainty. view hasedium-term been that this is a year for dollar downside. what has changed this time are these massive drop in yields. what i think about it, 10 year paper in the u.s. is giving you 80 basis points. this is over 100 points of decline in just two months. so that is bound to start accepting some further downside.

anna on a good day for you. -- anna, good day for you.oday that itsk falls apart between opec and opec+? >> i think there is a risk. the russians seem to have no interest in extending this cut to the end of the year or deepening it. we have seen in the last 24 hours that certainly this is a risk. opec put out a strong statement yesterday in a show of unity suggesting a cut at the end of the year. it is very strange for them to do so without an agreement with the russians. manus: was that a pressure tactic? the's the question i asked nigerians, the emirates. they said no. >> if russia walks away from the table, there will be no deal, but that begs the question, what will be opec if russia is out of the room? manus: i have heard of the existential threat for opec for as long as i have traded oil, 32 years. so what is the real risk? is it a real dissipation of opec or just opec+? >> i think it is opec+, but are the saudis prepared to balance the market? from theget the sense prince -- do you think he is prepared to go alone and shoulder the

anna, matt? anna: thank you very much.navirus is doing in terms of putting pressure on those who can act. ecb president is under pressure to provide some form of relief, but researchers from the central bank says the eu needs to adapt fiscal rules to a world where growth and interest rates are already low. said they haveas come to an agreement to coordinate the responses and take appropriate fiscal action. joining us is a chief fiscal economist. we have got a couple of things to talk about. let's linger on the subject of fiscal stimulus. some coordinated stimulus out of europe? >> we have seen the news from europe that the coordinated responses. they fell short of actual responses and they are on a wait and see mode. this side is one that could have more of an impact. monetary policy is already quite low on ammunition there is pressure to act. matt: do you expect anything to come of that? immediately after the fed call and then the next day. in europe, we still got a lot of wait and see from everybody in germany for sure.

i am anna edwards. ♪ the u.s.ooks to inject over $1 trillion into the economy to counter the coronavirus. britain announces billions in loans and tax cuts while japan considers a cash handout. fall after yesterday's stock rally. european equity futures suggest another grizzly session. reject --ree to restrict travel to the region. angela merkel is not rule out joint eu debt issuance. welcome to the european market open. let's get straight into breaking news from the car sector. car sales in europe are off to their worst start to the year since 2013. registrations declined 7.3%. the coronavirus is shutting down car plants worldwide. earlier on, we heard from toyota. daimler vw, and that is the way we are heading. things are looking to get worse before they get better. of february looked different than the end in terms of consumer purities -- priorities. let's get a look at how the car sector opens in just under one hour. under one hour to go until the sort of cash equity trading, here is what futures look like. 4%

anna: ok.have headlines coming out from vilaroy saying g-7 central bankers will have a teleconference this week. how unusual is that, thanos, how likely is it that they do indeed act together and what kind of impact would that have on the markets? thanos: i think -- i think what we need to see is the volatility of the markets until then. if there is a sense of stability, there is no reason for them to pull the trigger before the normal meeting takes place. the fed is meeting later on this month. middle of the month and also the b.o.j. a little bit after. so unless there is a continuing panic in the markets, i don't see a reason for them to use that. dry powder, but certainly it does show to the market that we are there. we're aware and willing to take action if need be and certainly in a concerted action. anna: yes. so really interesting the g-7 talking in this way coming together and i wonder if others on the more fiscal side, hear from the g-20 or any fiscal coordination there. this chart wit

anna, matt? anna: thanks so much.alking about the environment, but how will that translate into action? opportunitymental fund has been a leader in green investment for a decade. is theres from geneva senior investment manager. good to speak to you. i want to ask you what makes your strategy different. i have been reading about planetary boundaries this is a broad definition of environmental concerns. >> good morning, and thank you for having me. a portfolio investing in solutions. reallyutions that are addressing climate change are a big issue, something we have decades, but for it's not the only one. we think there are other challenges related to the biodiversity loss that are equally important. so this is a framework we that looks at all of the dimensions. there are nine frameworks developed 2009 and a tells us , thefor each dimension system should not cross in order to avoid your reversible change -- avoid change. matt: what does this have you buying and selling? >> we focus on environmental solution providers. we

anna: matt? matt: i can understand there is no visibility in the virus and that is a supply shock where factories are shot, people are not getting the stuff they want to buy and it is hurting the markets. in the oil side, how much of a problem is this. if all of a sudden, there is no more collusion and price controls and it is a free market in oil and people can buy it for whatever price the market sets, is that necessarily a bad thing? >> i think you work right -- quite right. in oils one a big drop prices, we are seeing the equivalent of a tax cut. it wills remain low, have a beneficial impact for consumers. , we the last 10 years or so have seen the expansion of some pretty expensive production, which is going to be taken out of service and i do expect that it is that that will dominate in the short run. i think the good news is quite a lot of that bad news is very quickly discounted in market prices today. subjectt me get to the of your business, the outflows you have seen. i think 17 billion

anna: u.s. futures looking more muted, as you can see, but in the last half hour or so a little uptick again in u.ds. futures, which is interesting. they pulled back, on the earlier report saying the g7 statement would stop short of detailing any fiscal and monetary measures. let's look at the gmm. you can see something positive coming through on asian markets now. msci asia-pacific up. u.s. futures dropped earlier on the report expected from the g7, but now back up 0.3%. the picture in asian equity markets, we've seen selling of emerging-market currencies. an election in israel, in focus. let's go to the other side and show you the bounce in energy, in commodities. %, 47.55, brent 52.52, as we move to the opec meeting later this week. all these moves come in the context of muted gains in futures in the u.s., off of gains of 5% yesterday. we talked about what central banks are doing. we will wait for the g7 call. mark cudmore joins us from singapore again. let me start with the question of the d

anna: yes.his is a crisis, but it can change quite quickly as well. anna: it can. we are looking at a big spike in the vix, above 75 right now. is that something that still gives you clues as to where we head next? edmund: the interesting thing, funnily enough about the vix, i like to look at the term structure of the vix. looking at the futures, comparing one month forward against four months. order we seethe now, quite extreme, the front month being quite a lot higher than the fourth month out, that tells us we are in extreme market dislocation, but we have already peaked in terms of the spread, and the spread is reducing. what that tells me is that between one to six months out, equity markets could well be substantially higher than today. that doesn't mean we have seen the bottom already. we may see it ahead of us. but it does suggest that we are in the process of forming a market bottom in equities, albeit in very volatile fashion. i think we are bouncing between finding new lows, but then

anna, what do you see on the gmf? anna: let me dwell on some other breaking news.cross europe reacting to an ever-changing situation. the aviationies in sector, suspending all flights to and from poland is one headline coming through. further undertaking cancellations could result in the grounding of a majority of the easyjet flights. they continue to operate rescue flights for short periodss. it is not profitable to provide guidance for the full year. we hear the same thing coming from iag. not possible to give full guidance. willie walsh the continue to act as the ceo, for anyone who was concerned about that. that is the aviation sector, very much at the forefront of dealing with this. perhaps ahead of other businesses on the curve. let's show you the market reaction. after thursday's crash in markets and friday's strong rally, we are back to selling equities. msci asia-pacific showing weakness, down 3.25%. despitethe rate cuts, the further buying of etf's. despite all of that activity friday night -- sunday night, monday morning, equities are back in selling mod

anna: absolutely.et's reflect on what we've seen and think about where we are in asia, the worst selloff since 1987. we were barely teenagers, uni, last -- you and i, the last time we saw this. the nasdaq down, ftse down more than 10%, the cac and dax down more than 10%. do see pushed out in asia? we did initially. we saw trading halted all over the place, circuit breakers trigger. now we see something that looks, as u.s. futures have been ticking upward, but even calm is down by 2.25%. certainly there is a feel of getting out of anything that looks risky. is it all going to be about relative returns? that was what we heard the last hour of programming. the fed doing its bit with its repo operations. the ecb doing part of its bit, with no rate cuts, but increase qe and cheap loans to banks. we see shortselling bands in europe, certainly italy. we wait and watch and see whether we get further downside in this european surgeon. -- european session. u.s. futures prior. the rest of europe looks undecided.

anna: good morning everybody.zzly monday on wall street following a 100 --basis point cut from the fed after an emergency meeting, the dow fell almost 13%, the biggest plunge since 1987. oil hit its lowest level in over four years. president trump says the coronavirus may cause economic disruption against the summer and it could send the u.s. economy into recession. pointing, u.s. futures up and european features also pointing to gains. the s&p has fallen or risen by 4% last six days, an incredible record of volatility. and, let's look at the gmm look where we are treating now. u.s. futures upwards. the yen moving to the downside. volatility is certainly the name of the game. asia swings to gains from losses overnight. and despite what all of the central banks have been doing, what the imf has said about mobilizing $1 trillion worth of lending capacity, we still see such volatility on the equity markets. matt? the volatility, let's get to the latest developments in the markets and how the governments are respondin

anna: thanks very much.oining us to talk about what is going on in the oil markets. we are paring losses on oil markets. 2% lower on wti at $32 a barrel. coming up later today, as oil prices continue to fall, we speak to the executive director director of the international energy agency. don't miss that conversation. 4:30 p.m. london time. this is bloomberg. ♪ anna: welcome back to the european open. 42 minutes into the european trading session, and it is dismal. you will not like the fact that you are down -- we are down 6.6% on the stoxx 600. in the united states, president trump's team had a busy week in, dropping an economic plan to combat the coronavirus. they include a temporary expansion of paid sick leave. stephanie kelly joins us, the political economist from aberdeen standard investments. the trump administration is working to combat the economic fallout from the coronavirus. given what we have seen in oil prices, it might think maybe they need to channel some of that assistance to the shale produc

anna, matt? anna: thanks very much.ith more than $20 trillion of assets under management have marked the worst performance in their industry s.en it comes to esg report vanguard -- blackrock, vanguard, and state street fit in the d and e band. for more, we are joined by catherine from share action. interesting report. talk hereture from we about central banks and global action, and i wonder if the cash behinde esg esg has been sucked away, given the understandably short-term focus we have to have? >> sure. probably not. everyone is talking about whether this will be a long-term shop short-term. my sense is that esg is here to stay. is anronavirus interesting example of how a health issue can blow up global markets for a time. no reason why this will fundamentally derail the esp program. -- esg program. matt: hopefully this is short-term, because if it extends, you have to be worried that investors will care about --ernments or social issues won't care about governments or social issues. down, price of oil goes does it i

anna. anna: yeah.inks that as bad as the coronavirus has been, the will steadily recover, in part, because he says this some of the -- recovery of a typical crisis. where the about economy goes next, how we navigate our way through this. phone.oins us on the chairman of capital economics. also of many, many books. to speak to great you today. larry fink says that the global but it will recover, will reshape investors' philosophies, and it might not rook the same as it did before. different do you expect a new economy to look the other side of this virus? well, i think we still don't know, frankly, because there's an awful lot yet to play out. i'm hopeful that what we're going to see is actually a recovery.id there are signs it's already happening in china and my china that they think next year the chinese economy is 14%, which is by back to the old glory days. we're not there yet, of course, in europe. far from it. a lot depends on how strong that recovery is, but then you've got questions about how we

anna: thank you very much.et's get to our top story. the u.s. house has passed an emergency spending bill to fund the response to the outbreak. it is triple the amount proposed mast -- last week. meanwhile, the imf is making billions available at zero interest for the poorest nations. is what central bankers and other policymakers have told us about the situation. >> there is a great deal of uncertainty about the longevity of the outbreak. we will have to provide some form of supply chain finances and the not very distant future to ensure thate the effects of the virus are not damaging. >> we do expect that growth this year under any scenario would be below the level of last year. is how severe is it going to be and how long will it last? anna: annmarie hordern has been looking at the expectations further easing. we haveugh here -- heard and seen a lot, there are still expectations. is price the market again every central bank to just do more. we have already heard from the fed, malaysia, and elsewhere. they ar

anna: thank you very much.agardep, christine --will decide whether to fire one of the few monetary bullets she has left to stave off the economic impact of the coronavirus. special coverage right here on bloomberg. this is bloomberg. ♪ anna: welcome back to "bloomberg markets: european open." european equity markets set for a difficult start to the session, we are expecting heavy losses. futures down more than 5% at the start of trade. a lot of disappointment in europe with regards to what trump has done on travel policy. frustrated futures by the lack of containment measures. gives its latest policy decision today with europe gripped by the coronavirus. what options does christine lagarde have? she pre-committed to action yesterday on a rate cut of at least 5%, but the ecb may need enough.re creative bold philipp lisibach, head of global equity strategy, credit suisse is still with us. , just a ratesures cut, that would constitute a disappointment for european investors, wouldn't it? philipp: i agree. it would

anna. anna: matt.he credit markets are back in a dour mood after more signs emerged over the weekend and that the fight against the coronavirus pandemic will be a long one. risk aversion is back. doc fell in asia and oil plunged to a 17 year low as lockdowns pounded the world's largest economies. investors say that while the turmoil has brought down proceeds of even the highest quality securities to bargain levels, trading has remained sparse. joining us now is the head of global fixed income. good to speak to you. let's talk about corporate debt. do you think there are bargains in corporate debt or would you be wary given the tough times still ahead? >> if you are a long-term value investor, the opportunities are already here, so if you look at federal reserve data, u.s. credit spreads have only reached to the kind of levels that we have seen over the last week we this time, 1938, so 2008, the early 1980's, are the only times credit traded at these levels. mean it is safe to get in now or do you see t

anna: thank you very much.a, managing partner / chief economist, g plus economics is still with us. let me ask you about what is going on in the united states. are you seeing the building blocks of the emergency response we need to see or is anything missing? lena: it is a start. it is absolutely essential because they are finally finding the policy response is catching up to the risk cycle we are long into. questions,wo major not just what will be agreed that how quickly it can be rolled out and if it is enough. the health problem, the pandemic, the economic thertainty and ultimately policy fallout. on the pandemic front, the key question for investors is whether the government containment measures will ensure the u.s. pandemic can and sooner rather than later, which will start the countdown to a peak of economic effect. until we see that, we clearly cannot talk about an endgame for the economy. the risk is a slow incoherent response regionally in the u.s. can create multiple epicenters. interconnected u.s. ec

anna: maria, thank you.amatic night in washington, failing to come up with an agreement at this point. break down what we have heard. annmarie: that is why we saw stock futures hit limit down. this is a pressure point that is weighing on the market. all the lawmakers agree that the u.s. economy needs a $2 trillion bailout, but it is the details they do not agree on. the key sticking point is $500 billion, this chunk of aid that would go to industry hit the pandemic, most notably airlines, where chuck schumer, a democratic senator from new york, saying this is a corporate bailout with insufficient oversight. we saw this is probably one of the big sticking points, given in 2008 people for the gm bailout, it was being called government motors. it was highly controversial. democrats say this is giving more aid to state and local governments as well as more aid to things like ventilators and hospitals. now the question is, what is the timeline to get this bill passed ? it is setting up to be a big hurdle. much, a

anna: yes indeed, too many.t the economy and lifelines they offer to the economy. we understand that germany has suggested it could be ok with using the esm, that parts of the eurozone infrastructure to advance a credit line to italy. i am guessing this is the kind of cooperation that many in italy want to see from other parts of the eurozone. has confirmed that because it has huge debt, it has always been the week link in europe and it is a very large country. it is practically impossible to bailout because it is such a large country and it has such finances. fortunately, i think europeans have figured that out. i think they are prepared to help. there are issues about how -- what italy will have to be reimbursed. if the european countries back italy and say we will find a solution, and obviously the markets are not going to -- that is very important because in italy, if it falls apart financially, that is a systemic risk for all of europe. anna: let's bring in tom mackenzie come out china markets open anchor i

anna, are you still with us? kind of model that mrjohnson is trying to reach for. he is the man who is leading us and he can get us out the other side. to be honest, those comparisons will be drawn obviously but i think a lot of people were in the government right now in the treasury are taking it day by day and just seeing this thing and forward so quickly into trying to handle the crisis. i also think members of the public are thinking, is this church hill like in one day will be passed by right now i think they care more about keeping each other safe. we are all in this together. anna, lance. we got through these problems. thank you so much forjoining us and we'll be backin much forjoining us and we'll be back in about 45 minutes. the front pages of the papers online on the bbc news website. it's all there for you — seven days a week at bbc dot co uk you can see it all on her website. and of course, it is on iplayer as well. we will be back in about 45 minutes or so to look at more of the papers but that is it

anna: jorg: jorg: ok. thank you. anna: we think we can learn from it.much for joining us. how was the coronavirus changing the world of work? we will talk about that next. ♪ awesome internet. it's more than just fast. it keeps all your devices running smoothly. with built-in security that protects your kids... ...no matter what they're up to. it protects your info... ...and gives you 24/7 peace of mind... ...that if it's connected, it's protected. even that that pet-camera thingy. [ whines ] can your internet do that? xfinity xfi can because it's... ...simple, easy, awesome. [ barking ] anna: european equity markets under pressure again. put hope deciding to before fear in recent sessions. things look a little different. another down leg. who would have thought that was possible? the stoxx 600 down by 1.8% or so. more of the losses on the dax. sectors.k at the health care as the best performing sector, but even that is in negative territory. the top and the bottom of this particular stock. the travel business. over british airways. part of that travel a

anna: new high-frequency data very popular.europe, with a lively debate about how governors -- governments are supporting their policies. on fromto have moved debt pooling, promoting risksharing in that sense and using the-isms that are already fit such as the esm. kristine: absolutely, and i think you do get a sense in europe that it is all hands on deck and all options open on the table in terms of what could be done to combat this crisis. we are noting as well, mario draghi saying that this is a war. against the coronavirus and all options must be considered. i think you very much get that sense as well from officials whether the ecb or the heads of government in various european nations -- at this point it does in whaty are limited they will be deploying to combat the crisis. anna: do you see less tension in key markets? it seems that high yield ends of the corporate debt markets show tension, and in particularly the energy side of things. what about dollar funding markets, some of the things we have seen -- if things calm

i'm anna coren. "cnn newsroom" starts right now. >>> we've been following the troubled chaos overnight in some of america's largest airports as the impact of the white house travel bans literally hits home. well, this was the scene in chicago's o'hare airport. thousands of passengers coming in from multiple international flights. forget any hope of social distancing. and hand sanitizers no, where in sight. passengers describe being in line for hours before being screened for coronavirus, and no one, not even staff, sure what was going on. >>> a short time ago, my colleague michael holmes spoke with a woman caught up in it all. >> we got off our plane and were directed, you know, down a hall to the international terminal. we got on an escalator, and it was absolutely -- there were people piled up at the bottom. that line went as far as the eye could see, around the corner, all through the customs area and snaked around. we went through two different customs and immigration check points before a cdc sc

anna: hi, shauna. nice to meet you. i'm anna. lemonis: this is travis. travis: hi, anna.vis. nice to meet you. travis: nice to meet you. lemonis: i want to change the entire look of the place to create a new concept. since this is the first time that farrell's and sweet pete's are going to be combined into one location, i want to give it a brand new look, and i want to make sure that there are different elements from both brands that are combined, so i'm bringing in anna from pacific hospitality. it's a business i invested in in 2016. she's helped me with designs in the past, and i thought she could really help with this one. anna: you know, i was thinking about the wallpaper, maybe replacing that. more like a chalkboard type of wallpaper that has all the farrell's memorabilia sketched in. obviously new seating, for sure. definitely the lighting. i love some of these. i think we can still use them again throughout the restaurant. lemonis: so you're intermix? anna: yeah. lemonis: while the team works on design, i've authorized them to start demolition. ♪ this will be the f

let's go on to the daily express, anna.ll hits 71, don't go overseas, nonurgent ops delayed. rishi sunak‘s prescription for dealing with the economic fallout from this virus obviously going hand—in—hand with the health implications and what the government is trying to do to make the nhs fit for purpose in dealing with all of this? yes, and the big question now is what lies in store for the nhs. there's been the big drive already to get companies to rally and start developing ventilators for the nhs. we are still far short of what we need and for every hospital and ambulance to have one. of course we have all got to think about the doctors, nurses, hospitalworkers who are going to put in very long hours trying to keep everyone healthy and safe and putting their owi'i healthy and safe and putting their own health at risk. some measures have already been announced today that doctors and nurses will get a hotel room if one of their family members becomes sick because obviously all the issues that affect us obviously all the iss

i'm anna kcoren. newsroom starts right now. >>> we've been following the troubled chaos overnight in some of america's largest airports as the impacts of the wide travel bans literally hits home. this was the scene in chicago's airport. thousands of passengers coming in from international flights. no hopes of any social distances. hand sanitizer, nowhere in sight. they spent hours in line. no one, not even staff sure what was going on. a short time ago my colleague michael holmes spoke with a woman caught up in it all. >> we got off our plane and were directed down a hall and the international terminal. we got on an escalator, and it was absolutely -- there were people piled up at the bottom. that line went all -- as far as the eye could see all around the corner, all through the customs area. we went through two different customs and immigration check points before a cdc screening. >> this is clearly more than one plane, so this was a bunch of planes coming in from europe to beat the ban. >> yes. mos

i'm anna coren. the coronavirus is leading to panic buying ail over the world. in venezuela, the news of the first two confirmed cases sent shoppers scrambling. panic buying leading to panic the united states. grocery store chains saying its stores would be closing early to sanitize their stores and resock. cnn's vanessa yucuch yurkevicl. >> reporter: the honor here in manhattan has seen a 300% increase in just the last day in the amount of people coming through and building bread, toilet paper, pasta, nonperishables. we spoke to him earlier, and he's told us how he's coping with this. are you rationing things in the grocery stores? >> we're not rationing. some distributors are rationing. particularly sanitary products like hand sanitizer and wipes as you saw on the shelves. we cannot stock these items quickly enough. whenever we do get rations in avenue hand sanitizers and wipes we put them by the republic sisters and they go in minutes. >> reporter: we ran into the bread manager, he filled the whol

anna edwards joining us.n update on what is making headlines outside the business world. viviana hurtado is here. viviana: italy is set to double the amount of fiscal stimulus to tackle the coronavirus. it is increasing the amount of money on offer. for the fourth time in a month. that after the eu agreed to stretch its budget rules to help member states fight the outbreak. italy is looking at additional spending of 16 billion euros. iran is urging the u.s. to ease sanctions affecting imports of medicine and food as it battles a major outbreak of the virus. on tuesday, mike pompeo saying iran first needs to release americans who are being wrongfully detained. overnight, iran reported 63 new virus deaths, bringing the total to 354. the country has 9000 confirmed cases of coronavirus. after china and italy, it is the third hardest hit country. in the u.s., presidential candidate joe biden widening his lead against bernie sanders. the former vice president winning michigan. that was the biggest prize of tuesday'

anna. >> okay. wedeman, great to have you on the ground there many thanks for your reporting. >>> we've been following a british citizen who moved to italy a few months ago to become a language teacher. she lives in a small town in the north and has been keeping a video. it includes what life is life in a lockdown. take a look. >> the first one, the one that you'll see every related to covid-19 content is -- [ speaking foreign language ] >> yeah, everything will be okay. it's a way to just remind ourselves to hang in there. >> joining us now. great to have you with us. how are you doing? >> we're holding up. and the mood is very slow, tedious now. it's a long, distant memory, when we could walk outside, having run, going on our bikes. we're kind of in a state of acceptance now. it's day 20 of a national lockdown. it's been two weeks now we can't even step outside without saying what we're doing and where we're going. it's tough at this point. especially since the weather has taken a toll for the wor

anna: it is a complicated situation.hreatened and intimidated by the industry in highs going college. they do not bother thinking about finance in general as a career. i have seen other women drop out in their 30's when they have families and because they are not content in their current careers and they do not to the opportunity to move up your eye became super involved in an organization called girls who invest. we basically provide a training platform for young women in college for several weeks, and then we guarantee them paid internships at top firms in the hopes that when they graduate the program they will enter the industry. for me i think it is an ideal industry for a woman, whether you have a family or not because you get to pursue every interest. if i'm looking at lithium, i get to go to chile and look at the process of mining lithium, if i'm interested in electronics i can go to ces and see all the topic technologies, if i'm interested in autos i can go see what is going on -- erik: at the detroit auto show.

i'm anna coren. "cnn newsroom" starts right now. >>> it's 4:00 a.m. on the u.s. east coast and the hours ahead will see residence of three states waking up to a two-week travel advisory. the region has been hit hard by the covid-19 pandemic so the u.s. centers for disease control and prevention is telling people leaving there not to travel anywhere unless absolutely necessary. it's a big step back from the quarantine donald trump suggested on saturday, an idea rejected by at least one state governor. it's not clear the travel advisory actually changes anything. stay-at-home orders are already in place in those states and many others. only people with critical jobs such as health care providers and delivery drivers are exempt. still, the cdc's latest advisory shows the trump administration is grasping for ways to slow the pandemic in the u.s. the number of reported infections has spiraled upward to more than 121,000. far more than any other place in the world. and the u.s. death toll has doubled over the past two days to more than 2,000. globally, johns hopkins un

vonnie: anna edgerton, thank you.ews now, another country has imposed a nationwide lockdown. india imposing a nationwide lockdown for 21 days. interesting to see how people are landing on the number of days, between 15 here in the united states, 21 in india, people calling for 30. it is so interesting to watch. but again, and yet on lockdown for 21 days. this is bloomberg. ♪ ♪ next hour, up in the the 3m chairman and ceo, mike roman, on the coronavirus crisis. this is bloomberg. ♪ vonnie: live from new york, i'm vonnie quinn with guy johnson in london. this is "bloomberg markets." let's get to the first word news with viviana hurtado. viviana: treasury secretary steven mnuchin reportedly agreed to a key democratic demand and talks on the stimulus package. he ok'd oversight provisions for a $500 billion part of the belt. democrats complaining businesses would get money with no strings attached. now to italy, considering imposing fines of up to $3200 for those who violate the nationwide lockdown orders. police may also

anna?s for your reporting. >>> some say warmer weather could make the virus disappear, something president trump has brought up. >> looks like by april, when it gets a little warmer, it goes away, we hope that's true. >> we'll dig deeper to see if there's any truth to that claim. >>> reports out of ecuador could be a sign of things to come. why latin america may not be ready for covid-19. at&t has connected us every day for over 100 years. and we're here for you - especially now, doing everything possible to keep you connected. through the resilience of our network and people... we can keep learning, keep sharing, keep watching, and most of all, keep together. it's the job we've always done... it is the job we will always do. yes. this moving thing never gets any easier. well, xfinity makes moving super easy. i can transfer my internet and tv service in about a minute. wow, that is easy. almost as easy as having those guys help you move. we are those guys. that's you? the truck adds 10 poun

luckily for me, it's just a short delay for now but that's not the case for so many others tonight, anna is treasuring every moment with her 2-year-old daughter. after learning her last hope to beat stage four colon cancer a clinical trial for an immunotherapy drug is being postponed. >> to be so close, it's almost like right there in front of my face but i can't touch it, it is definitely heartbreaking. >> reporter: hospitals across the country deciding many clinical trials could expose vulnerable cancer patients and health workers to covid-19 but anna's doctor worries she doesn't have time to spare. >> they are talking about that it might now be july or august. so july or august is an infinity for people like me. >> reporter: nearly 2 million americans are diagnosed with cancer every year. >> the unfortunate and very sad reality is that for many of those patients, they do need that treatment now. >> reporter: hospitals are asking many to do appointments online, skip followup visits and in some cases, even delay treatments. also being postponed, routine screenings like mammograms and co

anna: that has been a bit of a slowdown.esterday, house speaker nancy pelosi said she wanted this vote wrapped up by noon, but she was under the assumption they would do a voice vote, have people in the chamber yell out there vote and say it passes and they are good. but a republican from kentucky suggested he would call for a recorded vote, which would require each lawmaker to individually cast their vote through the electronic voting system, being present in the chamber. yesterday, pelosi and republican leader kevin mccarthy decided they would try to get as many members back as possible to get a quorum of at least 18 members to make sure that the bill would pass, even if there is an objection. that u.s. businesses and individuals desperately need the money coming out of this -- we are not even allowed to call it a stimulus package. we should not be calling at that. anna: relief package. mr. massey's problem? anna: he likes to cast himself as a constitutionalist, making sure to object to anything that does not follow the co

that is where he and anna liza est. but he was buried with his rank of corporal, which he received one day before he lost his foot. this is the final slide, and the only thing i am going to ead -- i have one minute left. as soon as i saw this picture, it instantly became one of my favorites. i got this from his grandson bob in florida. this is tom in the center and his two older sons in their uniforms. we know where they are getting ready to go. washington county was the departure point for all of the doughboys of all the counties of southwestern virginia that were getting ready to board ships to go across the big pond, so to speak, and fight in world war i. as you can see in this image, the only one really that tom does not have his crutches or a cane. any time he was photographed -- and like i mentioned earlier, he was photographed quite a bit because he eventually became a pretty prominent citizen that he always removed his artificial left foot. i think that was his badge of honor. his two sons are propping him up so

anna: that is an excellent question.or the direct payments to individuals, it depends on whether or not the person filed a tax claim already this year or last year. people who have filed tax returns will get their checks faster because the irs has their data. guest: anchor: people who receive monthly -- has their data. people who receive checks monthly from social security or theirns affairs will get checks faster. but the people most at risk who maybe didn't pay taxes in 2018. it will be a rush for the irs to get these out, and the irs is working not at full capacity. they have their offices staggered half-staff so that they don't violate any social distancing requirements. they are also dealing with a normal tax season that has kinda been thrown up in the air by extending the payment and filing deadline until july 15. there's a lot of uncertainty at the agency, but they are still the best positioned to get this money into american pockets quickly. vonnie: what happens next in washington, d.c., assuming this all gets pa

[bell tolling] anna: san antonio is here because of these missions. what is really kind of wonderful is that a lot of people who this their call parish home and come here can trace their ancestry to the colonial period, the people who build these mission buildings and built these churches. the missions are about the start of the city of san antonio. we are at the entrance. this is a part of san antonio mission's national historic park. this is a unit of the national park service. there are more than 400 national park sites around the country. each of these 419 help to tell -- 419 plus units help to tell some part of the american story, the part of the american story that we tell here at the san antonio mission is the spanish colonial history of this area of this part of the world. mission san jose is one of four missions that make up the national park. the national park is comprised of the four missions. we have got a model of this mission, mission san jose. this is a model that shows the exterior wall, the exterior walls were a series of rooms that s

. >> thanks for having me anna really appreciated thanks for all you do. judge jeanine: the stock down to heard around the world. my outbreak on the senators who sold us out who sold their stock right before the pandemic hit is still ahead tonight. you don't want to miss what i have to say in an entire family devastated by the coronavirus, four of them dead, more hospitalized, why? joining me to it talk about this tragic cage and drink case and much more this announcer: there are everyday

alix: anna, how is liquidity in market?looks like it would be a very similar problem as in other asset classes. anna: we saw yesterday a massive 13%y, but the day before, a fly. you saw equity market panic. it is fair because right now, we have a lot of information being thrown at investors, and it takes time to process this. i agree with mark, it is questionable how this fiscal package will take place. how long will it take the impact to reach individual small businesses, employees being weighed down by the covid impact? we are asking investors to be patient, keep their cool, and give themselves time. we need to give ourselves time to see how things will shake out, and meanwhile, to take that high quality approach. alix: when we talk about what capitulation looks like, i am getting my friends calling me up and asking if they should sell equities. they are just basic retail investors. how do we know if we have that capitulation? how: it is hard to say every single investor is thinking, but what we need to do is compare this

we want to turn now to anna stewart joining us from london.a, the uk a little bit behind others and started to clamp down on people's movements. >> reporter: yeah, a huge rampup in containment measures, bars, restaurants asked to close down. people have been urged not to congregate in these businesses but they haven't really closed them down. really, the reaction is this is what was going to happen. people expected it. the businesses, of course, it's very sad in time. along with these measures were actually a huge fiscal policy. big injection of money. salaries of those workers who cannot work will be provided largely by the government. they'll foot the bill of 80% of salaries. speaking to business leaders yesterday. that being the biggest concern, how do they pay their workers. to the states, of course, they don't want their people losing their jobs and relied on the welfare state as well. a huge amount of money. in march, people who lost their jobs may regain their employment now. and it will continue for as long as it's needed. this is in a

anna, i want to talk to you about this. amy klobuchar's campaign now confirming to nbc news the senator is going to be flying to dallas here to texas to join vice president biden at his rally tonight. she will suspend her campaign for the presidency and endorse the vice president. anna, there had been tremendous pressure, people questioning what is your path forward? increase the pressure even more, i think last night when you saw buttigieg who was ahead of her in votes, certainly in delegates who decided the best thing for him to do was step aside. what's the impact here? >> i think it's pretty big, actually. i think what you're starting to see is the field condensing a bit. we've been predicting it was going to happen but it was hard to see how long some of these candidates were going to stay in the race. obviously minnesota, a super tuesday state. klobuch klobuchar's hometown state. it could have an impact where she was leading in the polls leading up to tuesday. the other thing that's clear here is you see the consolida

then, anna, thank you very much indeed.the papers. you can see the front pages of the paper online. it is all there at the website. if you miss there at the website. if you miss the programme any evening, you can watch it later on bbc iplayer. thank you both very much again. hello there. the next few days will turn cooler and more showery. today, we had the warmest day of the year so far but at the same time we saw the number of flood warnings in england and wales increasing. this is all that is left of the earlier rain. it is patchy rain and drizzle sinking down to sit in the english channel later. here is the showery weather coming into scotland and northern ireland. very much wetter and windier weather. it is a little bit linear further south. it will be quite milder at the end of the night. into tomorrow, more wet weather for scotland and northern ireland. some sunshine, but some showers as well. some snow over the hills in scotland. it may well be dry in the midlands and south—east of england. quite a windy day again.

drezen's office anna drezen, a brilliant - >> seth: great writer. >> fantastic writer, a true gem.what do we write what do we write?" and then, i just grabbed a piece of paper and a pencil. and was like, "how about something for her? >> seth: so this is what you drew >> yeah. [ laughter ] >> seth: so you created the character first, and then, you said, we have to figure out a sketch for her >> and i was like, "how about something with her?" [ laughter ] and then, i think, if memory serves me right, anna drezen just sort of nodded and went -- bluebie. >> seth: bluebie >> yeah. >> seth: and who is bluebie? >> well, bluebie is -- bluebie is not a character so much, she's a medical condition. >> seth: oh, gotcha. [ laughter ] and how do you contract bluebie? >> by eating too many blueberries. [ laughter ] >> seth: and what are the symptoms of bluebie? >> well, in the sketch, a woman -- a pregnant woman goes to the doctor, and she's getting a sonogram i believe we wrote it for gal gadot. >> seth: okay. [ laughter ] >> and she goes -- and then, the doctor is like, you know, the twins loo

anna: that is a concern. fastest way for this to happen is for it to pass by unanimous consent which would mean they would pass this to the senate with no senators objecting. if they have to go to a voice vote because of the republicans and bernie sanders, they could pass the bill. this is not enough opposition to shoot down the bill but it could slow the process. we expect once this senate has passed, for senators to leave town until april 20. they had the two-week recess scheduled for easter. this would get them through to the end of their previously scheduled recess. tore could be things we need come back to washington to do. if the epidemic is still spreading, you have people traveling back from their states, their districts, many of whom are in the high risk group for the worst effects of the coronavirus. either it is kind of a procedural concern and a health concern for the lawmakers and their staff members. stimulus bill has gotten bigger and bigger. started off as 1.2 trillion, now it is almost $2 tri