outbreak and it's where those battling the pandemic of themselves at risk christian salumi has more. oh. police in new york are now making special patrols to ensure safe social distancing in public spaces. but while local residents are encouraged to stay home. first responders have no such luxury. calls to the city's 911 emergency medical services have hit their highest levels since the days after the september 11th attacks and at about 6500 day the calls like lines at hospitals and medical centers are only expected to increase. an already overloaded system further strained as 1st responders themselves begin to fall ill in the n.y.p.d. nearly 200 of the 36000 uniformed officers have tested positive for coated 19 with many more awaiting results but currently at about 3200 members on the uniform side out sec it's about triple the rate that we normally see medical professionals are also at risk new york's governor is calling on retired doctors and nurses to come back and help we've asked medical staff to bomb and tear it to retard medical staff who are no longer practicing 40000 had vol

to claw back initial losses in hong kong the one saying index closed down 1 point one percent christian salumi joins us live now from new york it was seeing this volatility in global markets perhaps showing that wrestling with the idea that governments around the world will intervene to to do whatever they can to support the economy but then at the same time this continued uncertainty about the impact of the virus. absolutely we're seeing the exact same thing play out here in new york on the markets the. major stock indices are still in the green today but they've pared back their gains from earlier there's been some market attempts to regroup as world leaders promise economic stimulus but as you say the details are still a bit on clearer the white house here in the united states has been signaling that they're close to a deal with congress for economic stimulus the federal reserve the u.s. central bank has been pumping money into the markets to keep the liquidity up so that has investors waiting back in but cautiously this is still on track to be the worst week since 2008 the s. and p. 500 fe

the crisis for the united states with other densely populated areas soon expected to follow christian salumi al jazeera new york india's government is unveil a $23000000000.00 stimulus package to help the country's poor during its lock down millions of low income families will receive cash payments and food staples on the plan the government would also pay for medical insurance for frontline health workers 1300000000 people have been put into lockdown across india john stop the spread of the virus. we're just days after the 2020 limpid games with the spam tokyo has become japan's epicenter of infections the capital recorded the biggest one day increase on a wednesday with at least 40 people testing positive. reports. japan's famed cherry blossom is in full bloom and tokyo's residents are making the most of the spring spectacle while they still can. coming just after japan took the painful decision to postpone the 2020 summer olympics everyone here has been given a reminder of why their government took that step a sharp increase in the number of coroner virus cases in the japanese capital has

to predict that has investors preparing for the worst while everyone is hoping for the best christian salumi al-jazeera in your. public bride joins us now live from salt so rob asian markets nosediving. absolutely the carnage has continued throughout this friday one point the nikkei in japan that was down more than 10 percent that's the biggest single drop it's had years it's recovered slightly this friday lunchtime it's back at around 8 and a half percent down but that is still well in the red as are all the markets close behind it is south korea's kaspi that's down nearly 8 percent here in seoul the selling was so intense that a safety mechanism was triggered that basically suspended selling for 5 minutes for fear of uncontrolled computerize selling out once that was lifted then it continued its journey south the hang seng in hong kong is close behind it that's down more than 6 percent on the day and 3 and a half percent down on the shanghai composite index there has been talk about with the central bank of korea officials there possibly holding a meeting a bit speculation there might be a

haven't been enough to reassure investors that the coronavirus won't take the entire economy christian salumi out to 0. 1 let's find out how. performing this tuesday rob mcbride in seoul for us so the markets in asia opened about 3 hours ago now how are things looking. a mixed picture this tuesday morning the volatility carrying over from yesterday monday with seeing some early drops but again rebounding possibly as a result of technical rebound because of course monday's drops were so big we've saw the nikkei in japan that opens down a big 4 percent but recovering very quickly it's down now one and a half percent the hang seng in hong kong that opened one percent down but again making back that ground and now at the moment flat here in south korea the kaspi index is down half a percent it is possibly a confidence has been restored here slightly by measures taken by the government to restrict the amount of short selling that's basically betting that bad news will send the market down further there's been some restrictions put on that sort of trading so generally i think the markets here conti

haven't kind of not to reassure investors that the coronavirus won't take an entire economy christian salumi out to 0. still head on al-jazeera. explosions as the afghan president warned in his rival adela separate ceremony to not write himself. here in the battleground state of michigan people are going to the polls to vote what could be the deciding day determines who runs against donald trump the general election i pay rolls on to detroit that story coming up. hello the most calm conditions throughout much of the middle east on the arabian peninsula some clouds as you can see here on the satellite on his way to western areas attack it does bring a few rain showers on cheese dip but really quite nice and very well scattered and north temperature and 16 degrees celsius where it is cooler is much further to the east in the north kabul just 5 degrees the chances of snow flurries there and the rain developing again as we head off into wednesday beginning to push once again across into one northern areas of pakistan meanwhile it does warm up through the eastern end of the med $23.00 in jerusale

percent there was not any bounce back in asia though tokyo's nikkei index fell another 6 percent christian salumi has more from new york speaking less than an hour before the end of the trading day president trump sought to reassure americans and investors that his administration was on top of the coronavirus crisis the markets were already in positive territory and remained there throughout trump's news conference at the closing bell all 3 major indices were up more than 9 percent recouping most of their losses from the day before europe's markets also up on the day perhaps most relieved energy companies on the announcement that the u.s. energy department would buy up oil for the country's strategic reserves pushing up crude oil prices as well as energy stocks well a relief rally and also i think the concerns that we all had yesterday i mean the fear and anxiety and the worry that we wouldn't see another day but then here we get this today is is just proof that this market is resilient we will get past this there will be more up days ahead. it was a sharp contrast from earlier in the week when t

to predict that has investors preparing for the worst while everyone is hoping for the best christian salumi al-jazeera we are. as president donald trump's restrictions on european travelers are just having an economic impact they're also straining already brittle diplomatic relations between washington and brussels as mike hanna reports. the irish prime minister arrives at the white house his bilateral meeting with the u.s. president one of the few events going ahead is sure jeweled island along with the united kingdom 2 countries exempt from the sweeping travel ban which appears focused on the 26 european union members of the shingle alliance giving rise to claims that the ban has been haphazardly applied when you think of what happened to europe because it was very fast and very furious and what happened is a lot of people went from china into europe and europe suffered tremendously see what's going on and so i just wanted to stop as it pertains to the united states or public access to the u.s. capitol has been suspended but lawmakers in the house are continuing to discuss a bill to count

called the move premix chair christian salumi has more on this now from the u.n. . russia share details of the ceasefire agreement with security council members behind closed doors but given the history of this conflict no one was ready to celebrate it just yet russia's ambassador was hoping to get a statement formally welcoming the deal but past agreements to end the conflict as have fallen through. but. the. main thing the commitments to the political but there is not that still does not exempt from being good measure to contact the u.s. secretary of state mike pale was at the united nations but had nothing to say when asked about the deal we're told by diplomats that the united states opposed the statement as premature other countries raised objections as well here's the united kingdom's ambassador who said it was a helpful development but there are a lot of questions about how it will work in practice who will monitor it what is happening in west of aleppo and critically has syrian government formally signed up and will the syrian government be following the pro

to predict that has investors preparing for the worst while everyone is hoping for the best christian salumi al-jazeera we are. from abroad joins us now live from seoul for more asian markets so nosediving. that's right the markets have continued to tank across asia this friday at one point of the nikkei in japan was down more than 10 percent that's the biggest single drop that it's had in 30 years it has recovered now somewhat as it tends to do at this time in the trading day but it's in all the other markets are solidly in the red the nikkei is down 6 percent at the moment the kaspi the south korean index that's down more than 5 percent more than 4 percent drop on the hang seng index in hong kong the biggest single drop that we've had recorded here in asia has been in bangkok with the thai index at one point being down a full of 13 percent which caused a suspension in trading there for a while all of this has had central bank officials finance officials there holding emergency meetings in a number of asian capitals deciding what to do there's talk about the central bank of korea holding a

to predict that has investors preparing for the worst while everyone is hoping for the best christian salumi al-jazeera we are. mcbride joins us now live from sol so asian markets a nosedive. absolutely kim the carnage has continued here across the border this wave of selling on all of the asian markets japan's nikkei is down now around 9 percent the bank of japan officials have been meeting with government officials to discuss the plunge closely followed by south korea's kospi index that's down nearly 8 percent selling has been so intense here in seoul the safety mechanism that kicks in to suspend trading when selloff becomes too intense basically to try to prevent an uncontrolled computerized sell off well that was triggered it suspended trading for 5 minutes to allow things to cool down but now trading has picked up again the kaspi has continued its journey southwards closely followed by the hang seng from hong kong that is now open that's down around 6 percent 2 and a half percent down on the shanghai composite so everything in completely read on the boards here and the asian markets it

they haven't had enough to reassure investors that the coronavirus won't take an entire economy christian salumi out to sea or. in other news of ghana stance president ashraf ghani is expected to issue a decree for at least a 1000 prisoners to be released this week the pentagon says the u.s. military has started withdrawing troops as part of its agreement with the armed group god he took his oath of office amid a rocket attack while they was a rival inauguration ceremony by abdullah abdullah a national strike is underway in mexico called a day without women following mass marches on sunday for international women's day female workers are staying at home they say they're showing what mexico would be like without them activists accuse the government of failing to take attacks on women seriously and women across argentina are expected to rally in support of legalizing abortion the strike action comes after president out beto fernandez said he wants to reopen the debate those are the headlines on al-jazeera coming up next here it's the father the son and the jihad to stay with us. you know most don'

haven't been enough to reassure investors that the coronavirus won't take an entire economy christian salumi al-jazeera. afghanistan's president is expected to issue a decree for at least a 1000 taliban prisoners to be released this week the pentagon says the u.s. military has started withdrawing troops as part of its agreement with the armed group on he took his oath of office amid a rocket attack while there was a rival inauguration ceremony abdullah abdullah thousands of women across mexico have stayed away from public areas as part of a strike called a day without women after sunday's mass marches for international women's day and workers stayed at home to show mexico what it would be like without them and a mass murder trial has begun in the netherlands over the 2014 downing of a malaysian airliner 4 men are accused of helping shoot down that plane they were not in court they're believed to be in russia 298 people were aboard to make 17 flight from amsterdam to kuala lumpur as are the headlines keep it here on al-jazeera more news throughout the day in the meantime let's turn it over to

with declaration of pandemic has hit the stock markets christian salumi joins me live from new york so markets have just closed how it's ended up there. yeah well it's been a brutal day on wall street the markets have been down all day and they closed in what's known as bear market territory that signals an and to what has been an 11 year upward trend or bull market for stocks and it's a significant step to cross basically a bear market is a drop of more than 20 percent from the market highs of just a couple weeks ago we had new highs in the stock markets here but the jones industrial dropped more than $1400.00 points today bringing it into that bear market territory this is just 2 days after a correction or a drop of 10 percent so now 20 percent from the high point for the market. this is obviously a concern for investors they've been watching the spread of the corona virus seeing its impact on everyday life starting to unfold people staying home from work trips being canceled schools being closed and they're worried about the economic impact bear market is not always a sign of a rece

to predict that has investors preparing for the worst while everyone is hoping for the best christian salumi al-jazeera your. every johnson is the founder of the lance a wealth management he joins us from washington d.c. we appreciate your time very much. can we manage our way out of this or is some of this just has to happen. i think some of this has to happen if you look back over the course of the last 10 years and some of the things that have been fueling our market this is this is just the example of what happens when you have too much excess we've had you know for to have trillion dollars of quantitative easing we've had 4 to have trillion dollars of company buying back shares or their own stock which manipulates the earnings numbers you know earnings is that income before dividends divided by shares outstanding so when you have $26.00 trillion dollars in u.s. and p. $500.00 you can see how much that demand for stocks and what it might do to earnings numbers if you were deuce the shares outstanding could do the market so i think these have to let this thing play out i just don't know w

to predict that has investors preparing for the worst while everyone is hoping for the best christian salumi al-jazeera we are. right joins us live now from seoul as promised so rob what's going on with the markets right now. well the selloff has continued the markets across asia have been absolutely tanking this friday morning as you mentioned there are sell the nikkei in japan delf down more than 10 percent officials from the bank of japan are meeting this friday morning with government officials to discuss the plunge south korea's kaspi is close behind it down 8 percent a mechanism that kicks in to suspend trading when the selling becomes so intense to prevent an uncontrolled computerize sell off well that has already been triggered this friday morning get to spend it trading for 5 minutes but the market has continued southwards the hang seng from hong kong has followed it closely behind down 6 and a half percent minus 4 percent on the shanghai composite index all of these markets of course were already depressed having seen and dealt with the unfolding coronavirus outbreaks here in asia

they haven't had enough to reassure investors that the coronavirus won't take an entire economy christian salumi out to 0. and rob mcbride is standing by in seoul with more on what we can expect from the financial markets in asia on tuesday markets there opening about 2 hours ago how is it looking so far. that's right markets in early trade continuing this downward trend the nikkei plunging a nearly 4 percent soon after opening but bounding back quite strongly it's only down just below one percent at the moment some of this could be a technical correction because of course yesterday monday we saw such big drops in the market the nikkei down 3 percent the cost be that's the korean stock index down a full 4 percent but actually the kaspi after going down another one percentage point in early trading this tuesday morning bouncing back and it's actually now in positive territory territory by a 3rd of a point some of this could well be some of the measures that the south korean government has taken they have put restrictions on short selling that's when you bet that bad news is going to drive down th

students and all of us a thing or 2 about learning on the fly we're doing pretty good for day one christian salumil jazeera new york. you've got to keep those classes going and that's it for me the clock for this news will be in london in a couple minutes with another 4 half hour of news media truncates. join the global conversation off the bubble you'll be able to expand their brains maybe have a different view this is a dialogue women in cambodia are in fact telling their here we don't know how much they're getting paid for it it's hard to track it's hard to treat everyone has a voice tell us what you think and your conversation could be a war right here in the space we need to step away from gaming people are not necessarily game perfect this is a journey of progress and not perfection on al-jazeera. display of opiates and fantasy fun to camps fashion it isn't only a lesson in creativity but also in sustainability all these clothes are made from recycled 'd fin teach all riposte fabrics were leading the way to make string to be the new the new normal because that's what it used to be some of th

trading for the 2nd time off the shares initially plunged 15 percent there goodness gracious me christian salumi in the thick of it all in wall street in new york not only pointed out the live board there moment where it's down 8.2 percent but they had to actually hold trading again. yet another bad day stocks continue to fall the s. and p. one of the major indices here in new york dropped more than 7 percent right after the opening bell and that triggered this automatic shutdown where selling is paused for 15 minutes to allow the market to regroup and not move too quickly now it's hovering right about the same rate 7 percent for the s. and p. dow down 8 percent and as you were saying it's happening all over the world the brazilian markets also plunged today and had a shutdown as well they're down 11 percent for the day and 34 percent from highs of the year so far bottom line here is investors are not reassured by the united states plan to stop the spread of coronavirus and mitigate the impact on the economy and one of the main concerns after president trump addressed the nation on wednesday is

percent there was no bounce back though in asia tokyo's nikkei index fell another 6 percent christian salumi rounds up things from new york speaking less than an hour before the end of the trading day president trump sought to reassure americans and investors that his administration was on top of the coronavirus crisis the markets were already in positive territory and remained there throughout trump's news conference at the closing bell all 3 major indices were up more than 9 percent recouping most of their losses from the day before europe's markets also up on the day perhaps most relieved energy companies on the announcement that the u.s. energy department would buy up oil for the country's strategic reserves pushing up crude oil prices as well as energy stocks well a relief rally and also i think the concerns that we all had yesterday i mean the fear and anxiety and the worry that we wouldn't see another day but then here we get this today is is just proof that this market is resilient we will get past this there will be more up days ahead. it was a sharp contrast from earlier in the wee

perceived lack of action by world leaders to respond to the economic threat posed by the coronavirus christian salumi reports in new york. red alert on wall street as the prolonged coronavirus induced a sell off reached a new low on wednesday after monday's record points plunge the dow jones index ended the day with another huge slump officially pushing stocks into so-called bear market territory meaning that new york's main indices are now 20 percent lower than their recent highs although most companies took a beating some were hit particularly hard. airplane manufacturer boeing saw a sharp fall in its share price a reflection of the pain the coronavirus is already putting on the travel industry or oil prices also took a hit after saudi arabia again decided to increase production in its price war with russia this is the 1st caused by a quarter and i bias but with the world health organization officially declaring coded 19 a global pandemic worsening infection rates across europe in the united states and no clear plan in sight from the white house by the closing bell it was a day when again fears abo

let's cross over to wall street now and find out how the markets are reacting christine salumi for a christian of course a bumpy few days. we've seen in the markets has the president's hope you might say to help the nation in terms of that financial impetus don't anything positive to the dow jones index. not today markets have been creeping further and further downward right now the dow jones industrial average is down more than 1300 points or 6 percent continuing the roller coaster ride we've seen over the last week where we've had these 1000 points a day swings in new records being sent monday was the largest single day point drop for the dow the 2nd largest percentage drop this is in history all of these new records and declines very stunning all the more so stunning because the market had been at record highs and rising for so long now again today we see all 11 sectors of the economy trading lower in the markets crude oil prices are down another 10 percent plus today airline hospitality hotel stocks cruise lines all continue to suffer and i think the markets and investors are really starti

or worse than the global financial crisis which began 2008 let's go live to kristen salumi who is in new york christiane what else is the i.m.f. saying. well the managing director of the i.m.f. christine and georgina did more and that we are in the midst of a global recession she is not the 1st to say this but coming from the head of the international monetary fund it's obviously a big deal she says that a recovery by 2021 m. is likely but only if central banks around the world take very aggressive measures to in her words stop. the issues from becoming solvency issues basically so that people don't post that companies and businesses don't go so far into debt that they just can't recover and she's warning that the poorest countries around the globe don't have the reserves to deal with this that they are going to need help from the richer countries of the world so a stark warning from the i.m.f. she also compared this to the financial crisis of 2008 and i think that's interesting sitting here in new york where we've been watching stock markets rise and fall for the last few weeks on news of the coronavir