haslinda: some new headlines from carrie lam there. shse says hong kong can prioritize demands and resources of hospital authority and hong kong will start -- supplies. in the other headlines, which we saw earlier, she did say the impact of hospital services are worrying. and some hospital services are affected by the strike. to bring you back in, what kind of steps is the chinese government taking to shore up the economy? it has given no signs of debating, the government is reevaluating its economic growth targets, looking targets.en those there was already a crackdown on debt. they are considering measures including increasing the plan ned caps on the budget to gdp ratio and selling government bonds. to highlight how big the impact theor january, 2/3 of chinese economy remains closed. you also have the number of trips made in china over the lunar new year dropping by 73% big90 million trips, a shortfall from last year. even though there has been a lot of optimism over the former pharma rac-- the companies racing to develop a vaccine

that is according to the hong kong leader, carrie lam. we are watching the news out of chinese state council. let's get the very latest from hong kong. we will have the latest on the coronavirus as we get this new reported case out of vietnam over the last few minutes or so. we have yvonne man in hong kong. we just heard from carrie lam, saying the hong kong government will continue inspection at the building that has provided the latest virus cases. what more do we know? ne: inspection workers have been working throughout the night. we have learned that more than 100 were evacuated as a safety precaution. that was after they found two cases in that building. the latest was a 62-year-old woman who contracted the disease. she lived directly below a man who tested positive earlier. of hong the 12 case kong. this brings the total number of cases to 42. authorities are not ruling out any possibilities of what led to this virus to spread. they said they are even considering if this virus is airborne. that is after they learned that the ventila

we have a few more lines coming from chick executive carrie lam -- chief executive of hong kong carrie lam. they have revised the funding measures, now saying they will be seeking nearly $28 billion hong kong dollars in order to fight this coronavirus outbreak and prop up the economy. the hong kong economy under pressure and in a recession. we are expecting the january unemployment numbers out of hong kong as well, as we continue to watch the carrie lam press conference. we are also watching the state in china giving a briefing. we could be hearing more about measures coming from mainland china in order to support the economy. we have heard from an industry researcher that china would be cutting gasoline and diesel prices on wednesday. the pboc has refrained from any action today, but we have seen them inject liquidity in the past few weeks. briefing happening right now as we continue to see the outbreak of the coronavirus in china. the world health organization saying it is too early to tell if coronavirus cases are truly declining, as china reported nearly 1900 cases this morning, br

we are getting more flashes out of the hong kong leader, carrie lam.his just a short while ago as she announced they would be suspending ten border crossings out of 13 with mainland china in a bid to curb the virus. also now just recently she has also said that they admit to a shortage of masks and says it cannot be solved in a short period of time it appears as though people are scrambling to buy face masks in hong kong. that's something that's come up in this press conference that the hong kong leader, carrie lam, has been giving also further quotes from the leader saying they cannot rule out further measures if the situation evolves. here referring to shutting down some of the border crossings ten out of 13 have been shut down i want to bring to your attention one other comment she made, vis-a-vis the medical worker strike. there are hundreds of medical workers in hong kong currently on strike now. she said that strike is, quote, extremely mean and putting patients at risk so, those are the comments coming out of hong kong. more broadly, we've seen

carrie lam accused of acting too slow in terms of protecting the public. carrie lam ejected those claims saying, a full closure of the border with china is not practical given the close ties between hong kong and china. we reported three new cases in the city, a total of 21 infected cases. man, thank you. also thanks to selina wang in beijing. be sure to keep up-to-date on this developing coronavirus story by running the function on your bloomberg. you will find our quicktake landing page with the latest andal figures from the cdc how specific companies may be exposed. ahead, india will likely keep its focus on inflation. we look ahead to the decision. couldhe you one -- yuan be ready to rally. this is bloomberg. ♪ ♪ haslinda: back to our top story, alreadynavirus, and fragile global economy. joining us for more on the outlook, a senior macro strategist and bloomberg analyst. good to have you with us. what some banks are doing, there is irrational exuberance in the market. it has to do with an outflow of liquidity. cash has to get you something. oni think

carrie lam is giving a press conference. joining us for the look at market reaction, chief investment officer. i don't know how you trade this. >> it's very difficult to trade this. quality to theng diversification, of course the asked -- across the asset class and region. and being attuned to the policymaker reactions and in my ,iew, the chinese policymakers if this is not sufficient enough and they will lose more. i trust they will do whatever it takes to ease the tensions. francine: could this be a black swan moment. >> this is a black swan moment. into the session -- into a recession. my concern is less the policymakers and potentially more on the shift over the last decade between active and passive funds. momentumiment and could turn it the other way. that to me is a concern. i don't believe we are there. when you say that do you mean liquidity? thanos: if it turns in a negative fashion, the systematic traders, the sentiment will also turn and momentum will start to move lower. francine: thank you so much. anythingonti

we know that carrie lam has this deadline.rs' arguing there is not much point in doing their jobs if you see the partial shutdown of the border. what needs to be done by the government now? >> we need to follow what several other countries have done including singapore and a number of countries in asia, saying we cannot allow any visitors. citizens have the constitutional toht -- we will need quarantine them for 14 days to prevent further cases. to -- one country, two systems, we are going to be included in the one country ban as other countries are trying to protect their own citizens. it would serve purposes better if we were to try to be on the outside of this rather than grouped with the mainland in the situation. >> it has been a pretty harrowing 6, 7 months for hong kong. this whole gateway to mainland china thing has not worked out for a number of reasons. i know you have been heavily critical about capital markets reform, economic governance in hong kong before. what should happen now? is it too late for the city to di

still remain open including hong kong busy international apples now speaking today chief executive carrie lam defended her decision saying closing the borders completely disproportionate and discriminatory but both medical professionals and look at this is across the political aisle on topic one medical unit has said today that additional border closures will actually change very little they've said the push ahead with their 5 day strike tomorrow until all those borders a place they remember all too well the break of 2003 in which almost 300 people lost their lives and they think history piecing it many now say here need to step up measures to prevent the spread of this virus. turkey's president. says the turkish military has quote neutralized dozens of syrian government troops its retaliation for an attack on turkish forces in syria the deadly flare up in war torn heightening tensions between turkey and russia 2 of several actors in the long running conflict. ankara is keen to show it means business. more military vehicles continue to head towards its lead today after the killing of turkish

now speaking today chief executive carrie lam defended her decision saying closing the borders completely this bullshit and discriminatory but both medical professionals and let us this is across the political aisle on topic one medical union has said today's additional border closures will actually change very little they've said the push ahead with their 5 day strike summer until those borders a place they remember all too well the saw an outbreak of 2003 in which almost 300 people lost their lives and they think history piecing it so many now say here need to step up measures to prevent the spread of this virus. as the number of reported cases of corona virus rises so does misinformation about the diseased for the w.h.o. stopping the spread of falsehoods is as critical as stopping the spread of the virus itself. can garlic or smoke from fireworks protect you from corona virus the answer in both cases is no the world health organization says there is a flood of misinformation about the disease online it's spreading faster than the virus itself the antidote to this is an awareness campai

carrie lam announced plans for a quarantine to be placed on all travelers from mainland china for 14ays. shery ahn: how are things looking on the grand at the epicenter? >> it certainly is dire for those who have stayed in their homes. they are looking to build up supplies. we have seen photos from the epicenter. this as the province is still under lockdown. keyher province, which is a area, is seeing measures to contain the threat of the virus. in the last 24 hours, there was a record number of area, is seeg measures to contain the threat of cases identified for the coronavirus. of whetherquestion or not hong kong will fully close borders with the mainland. that is being called for by medical staff. we have had more companies feel the impact from the coronavirus. looking to cancel 90% of its flights to china. thank you. stocks risings., for a third day while treasuries thep on speculation that impact of coronavirus will be minimized. we are seeing stocks rallying again. but not for this one sector. what is this telling us? >> this is a huge rotation day. the scale of it is pretty im

they are threatening to strike for five consecutive days if carrie lam and the government doesn't closeth china. she has refused to do that because of the coronavirus. she cites evidence that it would not contain it. however, medical professionals are worried the spread could get worse and their lives are at risk, so they have started a strike today. i'm assuming she will be addressing these concerns and wide she did not meet with hospital professionals to hammer out a last-second deal with them. anna: we'll look out for news lines, stephen engle in hong kong for us. next, china grapples with the outbreak. we speak with the head of the rapid support team. that's coming up next. this is bloomberg. ♪ anna: welcome back, 39 minutes into the trading day that's been eventful. european equity markets bounced, buoyed by the measures taken by offpboc in china, not put by the selling internet after the lunar new year isla day. since the early -- your holiday. -- lunar new year holiday. let's talk about m&a, we do have m&a things to discuss. the combined company will be europe's biggest payment s

carrie lam speaking in hong kong. this is bloomberg. ♪ hi! glad you came in, what's on your mind? can you help keep these guys protected online? easy, connect to the xfi gateway. what about internet speeds that keep up with my gaming? let's hook you up with the fastest internet from xfinity. what about wireless data options for the family? of course, you can customize and save. can you save me from this conversation? that we can't do, but come in and see what we can do. we're here to make life simple. easy. awesome. ask. shop. discover. at your local xfinity store today. tom: bloomberg "surveillance," good morning, everyone. right now with the first word news, here is viviana hurtado. viviana: chief executive carrie lam says hong kong has not seen widespread infection from the coronavirus. more than 5300 people are subject to quarantine. hsbc revealing an employee is one of them. workers whourging had contact with this person to stay home. bernie sanders' status as the democratic front-runner is causing jitters and congress. some are concerne

the eea is threatening to destiny carrie -- carrie lam has suspended fairies, but stop short of closinghe entire border. produce continues to come from china, even though the source of not confirmed.s >> [speaking foreign language] with shuttingree down the borders. tothe epidemic is expected pile pressure on hong kong's economy. pro-democracy protests gripped the city for months, hitting its retail and tourism sectors hard. >> a lighter note for you now out of the u.k.. continuedaward season with the british film ceremony. the big winner there was 1917. it got seven awawards including best picicture and best director for sam a amend as. ththe biggest story last night s the -- sam mendes. the biggest story last night was the lack of diversity. joaquin phoenix addressed it in his speech. >> i feel conflicted because so many of my fellow actors that are deserving do not have that same privilege. i think that we send a very clear message to people of color that you are not welcome here. speaking lastenix night at the bathtub. .> in -- at the baftas the kansas city chiefs got there first su

ow into the budget, carrie lam will be requesting about $28 million hong kong of additional funding aheadannouncements from the budget itself. speculation in the city, there's a lot of speculation about what the government is going to announce. one of the big items that's been in the discourse here is talking about potential $10,000 hong kong handout to citizens. mg put out a press release advocating for this, suggesting $10,000 of electronic cash vouchers to have local spending back into the economy. they're advocating for bold action from the government. one of the other big differences now versus 2003, hong kong has an ample fiscal reserve at this point, over $1.1 trillion hong kong. that cash is for a rainy day it's pretty rainy in hong kong right now. haidi: thank you very much, eric. we're getting the latest headlines out of south korea. the health authority commenting in a regular press briefing saying the country is seek an entry ban on foreigners released from the cruise ship docked in yolk ha ma, japan. we have seen passengers now disembarking in japan. the chief cabinet secreta

in hong kong, carrie lam says the city has not seen widespread infection from the coronavirus. still, she says more than 5300 people there are subject to mandatory quarantine. hsbc revealed an employee in hong kong is one of them. the bank is urging workers who came in contact with a person to stay home for 14 days. house speaker nancy pelosi is backing president trump's assessment by the proposed by american ally doing business with huawei. speaking at an international conference in munich today, speaker pelosi warned european allies to steer clear of the chinese tech giant as they build their next generation cellular networks. she added, doing business with huawei could embolden chinese president xi jinping as he "undermined democratic values, human rights, economic independence, and national security." global news 24 hours a day, on-air, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. ♪ >> live from bloomberg world headquarters in new york, i'm vonnie quinn. >> live in toronto, i'm

reporter: carrie lam announced day 14 day quarantine for anyone arriving from the mainland startingngurday. on wednesday she defended herself in accusations of being slow to react. situation isus evolving all of the time. we have not shied away from introducing these measures. reportrter: her decision comes s signs of community transition mount in hong kong. with known cases in the city passing 20 in recent days. players directing -- for gbagbo are running for acquittal. they said he must reside in belgium bubut he is hoping the c judges will reconsider those conditions. let's speak to stephanie vanderburg. what is the latest? reporter: the lawyers are petitioning for having restrictioions on the provisionf release lifteted and what w we e hearing now is the prosecutor explaining what he thinks the conditions should not be lifted. is still aagbo flight risk and the ivory coast government said there would be unrest i if he returns to the ivory coast. the hearing is a back-and-forth between thee lawyers who want of ththe restririctions lifted andd to be free and the prosecution who say

virus that dominates withth one common thrd , distrust of the government and the chief executive, carrie lam. the posters on the wall may have changed. it is clear the anger which fueled months of protest cannot be papered over quite as easily. as the death toll in china mounds, many havee slammed hong kong for keeping borders open. while there is a shortage of facemask and hand sanitizer, it's part panic buying. one voice is the vast community of pro-democracy activists. during the protest, campaigners used this space to make props for the demonstrations. when the virus hit, they swapped helmets for hand sanitizer, using their network to source donations and ingredients. filling in they say were authorities have failed. proof while they may have pushed pause on the protest, the movement is j just as focused as ever. >> i am confident we will go to the street again because this governrnment will upset all hong kong people, not just our political belief, and also the old people in the community. normally, they are the supporter of the establishment, but you can see they are quiet. but they ar

speaking today, chief executive carrie lam defended her decision saying, closing the borders completelyould be both disproportionate and discriminatory. but both medical professionals and legislators across the political idle are attacking. one medical union said today additional border closures will actually change very little. they have said they will push ahead with their five-day strikes tomorrow until all those borders are closed. they remember all too well the sars outbreak of 2003 in which most three or people lost their lives. they fear history repeating itself. many now say authoritities here need to step u up measures to prevent the spread of this virus. brent: joining me here at the big table is a professor from the school here in berlin who specializes in disaster relief, microbiology and infection micro immunology. we heard the hospital was built in 10 days by the chinese, a quite -- which is quite a feat. as a medical professional, do you think that also speaks to their ability to treat everyone who has become sick and to contain this outbreak? >> well, this new hospital,

on strikike -- not for highr salaries or better working conditions, but to push hong kong leader carrie lam to shut the border with mainland china, to stop the coronavirus from spreading further. although hong kong is officially part of china, and beijing has tried to strengthen its hold on that territory, doctors say now is no time for politics. >> we archer to solve this situation by coming out to talk to us. harbor,: in hong kong this ship. 1800 passengers are stranded, isolated, inc. tested after crew members reported fever. this other ship, diamond princess, is japanese. 10 of its p passengers s have bn infected and evacuated to hospital. 3700 others are still waiting to be in n the clear.r. there are so many unknown facts about the virus -- how it spreads, and how to detect the virus early enough. they make operations even more complicated. >> the aim is to stop transmission. that is why countries are implementing early case detection, early isolation and treatment of patients. newli: to avert transmissions, many businesses are shut, even places far from the virus epicenter, a care in

oliver: yes, carrie lam yesterdayy announced that she woululd close alall but three oe cross-border checkpointsween the mainland and hong kong. that seems to be quite a comprehehensive measure. but actually those three chececkpoints, w which include g kong i internationalal airport, account for 60% of t traffic. there are still quite a few people coming over. the vast majority of thehem, it must be said, arere hong kong residents. but as people have pointed out, a a virus really doesn't care wt passport you hold, or even in a hong kong context what political affiliation you have. people want thehe border clolos, not h have any people crossing. they asked hong kong workers not to cross the border, which is inconsistent with the releluctae to n not close.. hong kong health p professionals went o ostrike tododay, a second daday of striking.g. they want the border shut. they want more forces allocated to the health s sector, whihich comes t ta lot of s strain durig flu asonon. this year is going to be exceptionally worse. some of them have popointed outn a rather pololitical vein that hong kong's p

meeting, they were not shy that it is very political and to put more pressure on the city's leader carrie lame time they said it is to stop the spread of the virus and memories of the sars virus is very fresh. staff also suffered from the infection and some of them died which is why they want to protect themselves as well. what is the impact of day—to—day life in hong kong? if the strike goes ahead and then possibly tomorrow onwards, there is a possible impact on the medical infrastructure. whether or not doctors and nurses really are ready to abandon these patients during this outbreak and that is how serious they are about pressuring the hong kong government about closing the borders. they only closed part of the border and reduce the number of flights that they say that is not enough. they heard from various countries like the united states taking more drastic measures of banning anyone other than american citizens who have been to china in the past 1a days, barred from entering their country and that is what they want the hong kong government to do as well. let's get some of the day's oth

feed ofetting a live hong kong chief executive carrie lam.briefing on the coronavirus and has decided to go out in public without her mask on. i'm not saying it's related, but at the same time, we see european stocks turning around from losses and rise up to gains across the board. there you have it. those two things are probably disconnected. is what you need to know today. the ceo whose app through the iowa caucuses into disarray has apologized annmarie hordern is here with the details on the debacle. says "we feel really terrible." that is our results are still coming in after his app broke down. he says the problem first became apparent at 6:45 p.m.. he said it was not a glitch in the app itself, the problem was the way in which it was transmitting data. by 9 p.m., the issues delayed of the official result, leading to lots of confusion and chaos. blow, it also raised questions about the integrity of the entire process. ceo said the., the bug was discovered and fixed. at that point, it was successfully able to transmit data. yet we are sti

authorities on sunday, but if the strike goes ahead it would add to the pressure on hong kong's leader carrie lamup's leaders says the possible strike is their response to the government's uneffective measures. the whole action or strike is to prevent, because the government do not do the right thing, to prevent outbreak, and also, that is why, what we would do, we are not requesting for democracy at moment. even this medical emergency has been politicised. in a city that has experienced so much political upheavals in the past year. and you can keep up to date with latest developments on the coronavirus by visiting our website. just go to bbc.com/news, or download the bbc news app onto your smartphone or tablet. there are also a number of handy background articles on subjects like the process of quarantine and what lessons health officials learnt from the sars outbreak in 2003. residents to the south of australia's capital canberra have been put on alert over fears that bushfires may spread. a state of emergency was declared on friday — the first in the area since deadly fires there in 2003. the

medical profession warning as you say now is not the time to walk off the job as the chief executive carry lam's also urging medical staff to go back to work too she's criticized this strike now what has to be pointed out is not all medical stop all taking part in this this is something that's been organized by a new union that was recently during the probe the anti-government protests people who we've spoken to there whether or not they actually support this strike action do launch really seem to be behind the motivation for this strike people we spoke to said that they do warn all the borders with mainland china to be close that of cool has there those fears are only being increased today by the news that a 39 year old man who had visited we had in mainland china the epicenter of the outbreak has lost his life today there's been 2 more confirmed cases and the fear the 4th is 17 cases now confirmed may have been transmitted here in hong kong there is no there is for all known to have traveled to mainland china that is something that is only increasing fear here particularly in light of the soul

authorities on sunday, but if the strike goes ahead it would add to the pressure on hong kong's leader carrie lams highly political. one of the group's leaders says the possible strike is their response to the government's uneffective measures. the whole action or strike is to prevent, because the government do not do the right thing, to prevent outbreak, and also, that is why, what we would do, we are not repressing for democracy at moment. even this medical emergency has been politicised. in a city that has experienced so much political upheavals in the past year. the israeli military says it's hit a number of targets in the gaza strip belonging to the palestinian militant group, hamas. it said it took the action after a number of rockets were fired from gaza, aimed at israeli civilians. israeli media is reporting that the government has also decided to block the import of cement into the occupied territory — as a punitive measure against rocket attacks. a 19—year—old man has died and a woman is seriously ill in hospital, after they are believed to have taken the drug mdma. a number of others h

authorities on sunday, but if the strike goes ahead, it would add to the pressure on hong kong's leader carrie lam. one of the groups leaders says the possible strike is their response to the government's uneffective measures. the whole action or strike is to prevent, because the government do not do the right thing, to prevent outbreak, and also, that is why, what we would do, we are not re—pressing for democracy at moment. even this medical emergency has been politicised. in a city that has experienced so much political upheavals in the past year. 2019 brought another year of record—breaking temperatures, rising sea levels and melting ice caps. to know the true extent of the climate crisis, scientists have to put up with some pretty extreme conditions. 0ur chief environment correspondent, justin rowlatt, has been on a tour of the most remote campsite on earth. right, so up here we have the massive thwaites glacier. the work these scientists are doing should help us all, giving us a much clearer understanding of how sea level could rise worldwide and that is why we are camping here. this is the r

shy to say that this move is very political, to put more pressure on the city's chief executive, carrie lamwhen they voted in favour of strike action, starting today. they had their negotiations with the authorities on sunday, which did not go too well. so we are expecting some non—essential medical staff to walk away as early as today, and they say if the authority does not meet their demand, as you say, they will —— their demands are to shut all the borders in china, than even essential staff might walk off work as of tomorrow. we also know there is a lot of nervousness in the markets among investors, as the chinese benchmark stock indices open today after the lunar new year break. what are we expecting to see? absolutely. there are a lot of concerns that we might see a lot of volatility, quite a sharp fall in china's stock market. we have already seen hong kong's stock market falling by some 5% in just two days after coming back from the lunar new year holiday. we heard over the weekend of beijing, the authorities there announcing some measures to possibly cushion the blow, pumping and b

authorities on sunday, but if the strike goes ahead it would add to the pressure on hong kong's leader carrie lamroups leaders says the possible strike is their response to the government's uneffective measures. the whole action or strike is to prevent, because the government do not do the right thing, to prevent outbreak, and also, that is why, what we would do, we are not repressing for democracy at moment. even this medical emergency has been politicised. in a city that has experienced so much political upheavals in the past year. and you can keep up to date with latest developments on the coronvirus by visiting our website. just go to the bbc website or download the bbc news app onto your smartphone or tablet. there are also a number of handy background articles on subjects like the process of ‘quarantine' and what lessons health officials learnt from the sars outbreak in 2003. residents to the south of australia's capital canberra have been put on alert over fears that bushfires may spread. a state of emergency was declared on friday — the first in the area since deadly fires there in 2003.

uncle leader carrie lam has suspended high speed rail services to the main lines and cross border ferries. but has stopped short of closing the entire border. life produce continues to come from china even though the source of the outbreak is still on the fence. about 90% of the city's food is imported with the bulk coming from the mainland. i don't agree with shutting down of. if we do da hong kong's economy will definitely sofa and we will end up with nije feats eight. the epidemic is expected to pile pressure on hong kong's economy which sunk into recession in the third quarter of last year as a democracy protests grips the city for months hitting its retail and tourism sectors hajj. n now the authorities in china hadad pledgeged to build two hospitals to d deal witith the corona virs outbreak in ten days time one not fully operational the facilities will soon start accepting the sick madhe francés father support with impressive speed chinese construction crews finished work on a one thousand bed hospital located near the epicenter of the corona virus outbreak in the city of wuhan this

same time, all the schools are closed until the beginning of march and a lot of pressure really on carrie lamouble with the ongoing protests, the pro—democracy protests that continued for months. of course, now that this outbreak of coronavirus happened, we're not seeing any of those protests. but in terms of the demand of those protesters, none of that has been resolved. mariko 0i in hong kong. we will have more on the story in a few minutes. stay with us on bbc news, still to come: the customs might look familiar, but people in new england tell us a trade deal between the uk and the us won't be that straight forward. this is the moment that millions in iran had been waiting for. after his long years in exile, the first hesitant steps of ayatollah khomeini on iranian soil. south africa's white government has offered its black opponents concessions unparalleled in the history of apartheid. the ban on the african national congress is lifted immediately, and the anc leader, nelson mandela, is to be set free unconditionally. ..four, three, two, one... a countdown to a critical moment. the world'

carrie lam did not go so far.measures or drastic measures like that are just not practical given the close ties between hong kong and china. we expect to hear new measures and how they will be enforced later on today. particularly how they will quarantine people arriving from china. this 14 day quarantine that takes effect on saturday to allow people to adjust their travel plans. the rejected plans that government is acting to slow. cases bring the total to 21 in hong kong. taiwan is restricting travelers from hong kong. continuing to get stranger. we are hearing about more than seven thousand people stranded onto to's off of japan and hong kong. at least 13 people tested positive for the coronavirus. and those two luxury liners are going to be quarantined for the next two week. kong,: yvonne man in hong thank you for joining. i want to continue to look at the impact the virus is having on the global economy. we are joined by blackstone .anager and investor, joe very interesting perspective that you have relative

as carrie lam attempts to navigate around this crisis the cruise ship dreamworld docked in hong kong harbor with more than $3000.00 passengers and crew onboard they're going nowhere now that mainland health officials have confirmed that 3 passengers from an early a voyage are infected with the coronavirus now checks are being carried out on everyone on the ship at the time being i think we cannot conclude the be likely time of finishing the current emotions right now and i would like to reassure. or need to impress on people here i'll keep up with the health of this adopting a prudent approach in managing this incident several crewmembers have been placed in a hospital isolation ward the announcement by hong kong's leader means that all the crew and passengers aboard the dreamworld now face the prospect of 14 days in quarantine what's less certain though is the fate of the $200.00 passengers who left this vessel on january the 24th before the 3 infections were confirmed the $200.00 a rule understood to be from hong kong and went ashore in january the 24th. this scare is one of the re

same time, all the schools are closed until the beginning of much and a lot of pressure really on carrie lamt of trouble with the ongoing protests, the pro—democracy protests, the pro—democracy protests that continued for months. now that this outbreak of coronavirus happened, we not seeing any of those protests. but in terms of the of those protesters, none of that has been resolved. more now on britain leaving the eu. our europe correspondent damian grammaticas is in benidorm and has been speaking to one british expat about, now that britain has left the eu, what this is going to mean for her and her business. this is what they call the english strip here at benidorm, this is the rover‘s return bar, and all the way along here we have the bars that attract english visitors, british visitors from the uk, yorkshire pride bar, and running the bar, paige dawson. the uk has left the eu. it is out. it has officially happened! your emotions, you are a breach, you have been here for 25 years. that is right. —— brit. it is a sad to leave and a lot of uncertainty comes because we don't know exactly w

and a lot of pressure relief on a carrie lam, the city's chief executive, who was already in a lot ofe pro—democracy protests that have continued for months. of course now that this out break of coronavirus has happened, we're not seeing any of this process but in terms the demand of those protesters, none of that has been resolved. thank you marika. increasing unease across asia as a number of coronavirus infections rise in china. this is the moment that millions in iran had been waiting for. after his long years in exile, the first hesitant steps of ayatollah khomeini on iranian soil. south africa's white government has offered its black opponents concessions unparalleled in the history of apartheid. the ban on the african national congress is lifted immediately, and the anc leader, nelson mandela, is to be set free unconditionally. ..four, three, two, one... a countdown to a critical moment. the world's most powerful rocket ignited all 27 of its engines at once. and apart from its power, its this recycling of the rocket, slashing the cost of a launch, that makes this a breakthrough

hasf carrie lam says china already stopped issuing be says to hong kong. kong.as an economic having impact abroad. sales slump over the lunar new year holidays, indicating retail is taking a hit. several leading operators safe by double digits as china visitors stayed away. china tourists make up a third of arrivals and more than that in consumer spending. a primary investigation of airbus and air asia has triggered the fall of the founder and ceo. he is stepping down for two months along with the chairman while the malaysian government claims air asia officials accepted bribes. both men deny wrongdoing. airbus reached a settlement with prosecutor surrounding claims it tried to illegally sway decision-makers. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. >> asian markets mixed at the moment. the cost be rebounding. -- kospi rebounding. >> japanese stocks are off their lows of the day. ae nikkei down 3/10 of percentage point. the topics dow

carrie lam reiterating once again that the government is doing what they can despite the criticism, sayinghey are reacting to slow. she says a complete shutdown with china is not practical given the close ties between hong kong and china. this as we see more cases. three additional cases in the city, bringing the total amount to 21 infected cases. taiwan is the latest to restrict travelers from here and macau. --s is continuing to get hit business is continuing to get hit. united airlines, american airlines, now suspending flights to hong kong, citing weaker demand. cathay pacific asked 27,000 of its employees to go on voluntary unpaid leave for the next three weeks. the ceo saying the situation is as dire as the financial crisis. when it comes to the cruise ships, we talking about more than 7000 people essentially stranded on to cruise ships off of japan and hong kong. the latest from local media in japan, the one cruise liner off of yokohama, the diamond princess, additional cases here this morning. at least 10 more from the 10 confirmed cases that tested positive for this coronavirus. l

chief executive carrie lam has ordered a quarantine to all travelers from mainland.hen it comes to whether or not we will have any relief, you have governments certainly on high alert, companies as well and acting their own restrictions, only have seen several companies when it comes operation, foxconn and airbus among them. guy: sophie, thank you very much, indeed. vonnie: one of the industries being hit by the coronavirus is aviation. bloomberg talked about this a ph and -- about the situation with a number of executives. here's what they have to say. to thee look back previous outbreak of sars in 2003 and h1n1, we see that trafficthe decline in is five to seven weeks, and then there is a recovery in the following 10 to 15 weeks. >> during the incubation period, virus canhat this still be transmitted. aviation justk because there is something in the air, but it is really not a scientific fact. >> this is a crisis primarily based in china that will impact everybody, and everybody needs to take measures. it is not just about the airline industry. sometimes it can be

in hong kong, chief executive carrie lam has said the city has not seen widespread infection from theavirus. arel, 3500 people there subject to mandatory quarantine. hsbc revealed an employee in hong kong is one of them. the bank is urging workers who came in contact with the person to stay home for 14 days. the united states and the taliban have reached a truce. the deal will take effect very soon and could lead to a withdrawal of american troops from afghanistan. the development, as mike pompeo and defense secretary mark esper that today in munich with afghanistan's president. global news 24 hours a day, on-air, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. the day whenis phase one of the u.s. china trade deal goes into effect. conditions on the ground in china but very different from where we were when the deal was signed at the white house. to give us a sense of what the coronavirus could do to trade relations is henrietta treyz, come to us from new orleans. there was some who doubted

even carrie lam, the chief here, and a press conference was urging people, don't go to work. stay-at-home. schools are canceled all the way until march here in hong kong. in china, there are more than 50 million people quarantined in /hubei province area. is why 14 provinces have extended the holiday for another week. vonnie: stephen engle in hong kong, thank you for that. guy: some more on the impact on all of this on the global markets. wren, joined now by scott wells fargo vestment institute senior global equity strategist. give me your wisdom on what we are witnessing here from a market perspective. a big move down friday for the s&p, today bouncing back a bit. is the market pricing this coronavirus event as being a short-term phenomenon, or are we looking at a more medium-term event? scott: i think when you are down a little more than 2% off the all-time record high, given the news that's been out there, i think the market is pretty this is going to be in line with other historical outbreaks like this. it will be a short-lived quarter or two of economic headwinds. i thin

coronavirus with the territory shutting down most of its borders with mainland china chief executive carrie lam says suspending 10 out of 13 entry points should mean that fewer people cross into hong kong hundreds of medical workers went on strike demanding that the border be shut completely. at least 13 children have been killed in a stampede at a primary school in western kenya at least another 39 that were seriously injured police say the stampede was caused when panic broke out as students left the school it's unclear what caused the alarm but an investigation is underway malawi's constitutional court has voted to nullify last year's disputed presidential election citing widespread regularities the vote in may have returned to peter who said that the power for a 2nd term sparking protests from the opposition the court ordered that a new presidential vote be held within a 150 days the airport in yemen's capital sanaa has partially reopened to allow u.n. medical relief flights out of the country or the who the rebels control sunnah the coalition they are fighting controls the air space they n

carrie lam gave a press conference without a face mask. any of these things could have turned markets around, and the question continues to be is the virus fully priced in. iron ore futures declining, investors think there is an economic toll the virus will have, and they need to price that in. a lot of pessimism. bank of america thinks u.s. 10 year yields will hit the lowest on record. barclays pointing out if the sars epidemic is any guide, european stocks could fall to 8% . now only down from 3%. francine: talk to us about the death toll. rishaad: 20,000 people now affected and 500 dead. 3200 severe cases, so the death .oll will rise in hong kong in the last few minutes we had carrie lam talking, and she is saying visitors from china will have to take a 14 day quarantine when they enter the territory. that applies to everybody. a cruise boat with 3600 people on board has been quarantined. they did have passengers on board with the disease, but they disembarked on january 24. china,sales in mainland a $135 million hit in terms of revenue

the hong chief executive carrie lam has confirmed this morning — there are 21 confirmed cases of coronaviruse for two weeks after ten chinese among them tested positive with a new type of coronavirus. the virus is spreading day by day, china is bearing the brunt but its neighbours are having to take increasingly severe action as well. translation: these people who tested positive disembarked with quarantine officers. with the help from the japan coast guard they are being transported to medicalfacilities in the prefecture. british tourist david abel is among them. we have got no idea when we are going to be allowed off the ship. all we have been informed is 14 days quarantine on the ship. that means we have no interaction with other passengers, food is brought to the room, it's really basic food. nothing like we have enjoyed on the cruise at all. it has changed so much. in the capital of china, the checks, scrutiny and anxiety continues. this is a country partially shut down and still desperate to contain the outbreak. the president xi jinping has spoken tonight of a positive effect he belie

as carrie lam attempts to navigate around this crisis the cruise ship dreamworld docked in hong kong harbor with more than $3000.00 passengers and crew onboard they're going nowhere now that mainland health officials have confirmed that 3 passengers from an early a voyage are infected with the coronavirus now checks are being carried out on everyone on the ship at the time being i think we cannot conclude e.p. likely time of finishing the current he mentions right now and i would like to reassure. or need to impress on people here i would be public health if adopting a prudent approach in managing this incident several crew members have been placed in a hospital isolation ward the announcement by hong kong's leader means that all the crew and passengers aboard the dreamworld now face the prospect of 14 days in quarantine what's less certain though is the fate of the 200 passengers who left this vessel on january the 24th before the 3 infections were confirmed the $200.00 a rule understood to be from hong kong and went ashore in january the 24th. this scare is one of the reasons why d

there is a lot of pressure on carrie lam and the senior political leadership from many in the medicaly of two mainland visitors. that isn't happening at the moment. there have been stringent restrictions put in place. some borders have been shut. quarantine will start on saturday in hong kong for any visitor coming from the mainland, a two—week period of quarantine. but nonetheless because of what they call the optics, the pr, the idea of closing the body completely has not been done by the authorities in hong kong —— closing the border completely. the headlines on bbc news... scotland's finance secretary derek mackay quits hours before the budget — he admits he "behaved foolishly" in messaging a 16—year—old boy on social media. the government wants to rush through new rules in less than three weeks in a bid to prevent a terrorist from being automatically released from prison. thejustice secretary insists it's not a knee jerk reaction. president trump is cleared of abuse of power and obstructing congress after an impeachment trial which bitterly divided the united states. in sport, so

and just a line to add from hong kong which came in while robin was talking that carrie lam, the chiefder crossings out of 13, with mainland china. that was a matter of some controversy because health care workers, some of them on strike today in hong kong, in protest at the government in hong kong not entirely closing the borders. rail and other transport routes were closed but still individuals were allowed to cross. now we have the news that the hong kong government has suspended ten border crossings out of 13. we will keep an eye on all of the coronavirus development is for you. the headlines on bbc news... plans for fundamental changes to the system for dealing with convicted terrorists are to be announced by the government, following yesterday's attack on shoppers in south london. china says it urgently needs protective medical equipment to help deal with the coronavirus outbreak, as the number of deaths is confirmed as 361. borisjohnson will set out his vision for a trade deal with the eu in a pseecxh later this morning, saying there's "no need" with the eu in a speech later thi