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Feb 28, 2020
02/20
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the geneva international motor show was set to celebrate its ninetieth edition but switzerland's ban on public events with over a thousand people. a measure to halt the spread of the corona virus has effectively canceled the show. they have wonderful doing to have financial problems we're going to face big losses we know this we've mentioned this we don't have details yet but we're going to meet soon to find out how to replenish the foundation. and allow it to continue its work. organizers say losses will be in the millions hundreds of thousands of visitors were expected and some nine hundred cars were to be on display. the geneva international motor show is just the latest large scale event to fall victim to the coronavirus it comes on n the heels of the cancellation of the world'ss largest mobile technology fair the mobile world congress in barcelona. but not all mass gatherings have been called off the cell on the leg of f the control in paris for example is still on. but some renowned events have been cut short such ass carnival celebratioions in niece and venice. major attractio
the geneva international motor show was set to celebrate its ninetieth edition but switzerland's ban on public events with over a thousand people. a measure to halt the spread of the corona virus has effectively canceled the show. they have wonderful doing to have financial problems we're going to face big losses we know this we've mentioned this we don't have details yet but we're going to meet soon to find out how to replenish the foundation. and allow it to continue its work. organizers say...
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officials have called off the geneva international motor show the biggest of its kind in the world it was scheduled to begin next week but the swiss government has banned gatherings of a 1000 people or people or more last year over half a 1000000 people attended the event. germany faces a shortage of over 1000000 workers most of them skilled labor the government hopes a new law aimed at immigrants from outside the e.u. can help meet business demand especially for the small to medium sized firms that form the backbone of the country's economy. these 2 specialists from abroad are working at an air conditioning firm called estie in pottstown near berlin so each year f. is from syria while nico barnett comes from poland they had the opportunity to meet economy minister peter alkmaar who's just overseen a new law which should make immigration for skilled workers from non e.u. countries much easier in future above all it will streamline the process. make sure the visa application process is faster and that the process of recognizing qualifications speeds up so people can actually work here
officials have called off the geneva international motor show the biggest of its kind in the world it was scheduled to begin next week but the swiss government has banned gatherings of a 1000 people or people or more last year over half a 1000000 people attended the event. germany faces a shortage of over 1000000 workers most of them skilled labor the government hopes a new law aimed at immigrants from outside the e.u. can help meet business demand especially for the small to medium sized firms...
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officials have called off the geneva international motor show the biggest of its kind in the world it was scheduled to begin next week but this was government has banned gatherings of a 1000 people or more last year over half a 1000000 people attended. british low cost airline easyjet says it's witness a significant soft softening of demand as a result of the virus the drop was primarily on flights in and out of its northern italian bases so far this year easyjet shares have fallen more than 20 percent. british airways says it's expecting a drop in profits this year due to cancel flights off the back of the coronavirus flights to and from china italy singapore and south korea have been canceled. now the growing spread of the corona virus is also sparking the sell off of so-called pandemic bons there an initiative of the world bank the bonds aim at shifting some of the burden of preparing against the pandemic on the financial markets instead of on the low income countries themselves that are most at risk of a pandemic but now is the risk of a coronavirus pandemic grows the potential fo
officials have called off the geneva international motor show the biggest of its kind in the world it was scheduled to begin next week but this was government has banned gatherings of a 1000 people or more last year over half a 1000000 people attended. british low cost airline easyjet says it's witness a significant soft softening of demand as a result of the virus the drop was primarily on flights in and out of its northern italian bases so far this year easyjet shares have fallen more than 20...
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at the effects the coronavirus is having on all the say officials have called off the geneva international motor show the biggest of its kind in the world it was shameful to begin next week but this was government has bad gatherings of a 1000 people more. last year a half a 1000000 people attended. british low cost airline easyjet says it's witnessed a significant softening of demand as a result of the virus the drop has primarily on flights in and out of its northern italian bases so far this year easyjet says a full in more than 20 percent british airways says it's expecting a drop in profits this year due to cancel flights off the back of the coronavirus flights to and from china italy singapore and south korea have been cancelled. and india's economy grew at a slightly quick a pace last quarter gross domestic product expanded by 4.7 percent year on year but analysts warn the coronavirus is likely to mute growth in the current quarter. well a growing spread of the corona virus is sparking the sell off of so-called pandemic bones they are an initiative of the world bank of bones aimed at shifting s
at the effects the coronavirus is having on all the say officials have called off the geneva international motor show the biggest of its kind in the world it was shameful to begin next week but this was government has bad gatherings of a 1000 people more. last year a half a 1000000 people attended. british low cost airline easyjet says it's witnessed a significant softening of demand as a result of the virus the drop has primarily on flights in and out of its northern italian bases so far this...
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Feb 29, 2020
02/20
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they also today announced the cancellation of the geneva international motor show. and also announced the cancellation of something called baselworld 2020 which is apparently the big swits watch convention. in iran they've now closed parliament. multiple members of the iranian parliament have been diagnosed coronavirus as has a vice president in the iranian government. in italy the regional president of the lombardy region, that hard hit region in italy, the president of that region is himself under isolation after one of his work colleagues was diagnosed with the virus. the president of mongolia is himself quarantined as of today. and here at home tonight we've had some bad new news out of california. you'll recall two days ago solano county in northern california produced the first new infection in the united states of unknown origin where the source of the patient's infection couldn't be traced to international travel where the disease is known to be prevalent. the patient also didn't appear to have any contact with anybody who had done any international travel,
they also today announced the cancellation of the geneva international motor show. and also announced the cancellation of something called baselworld 2020 which is apparently the big swits watch convention. in iran they've now closed parliament. multiple members of the iranian parliament have been diagnosed coronavirus as has a vice president in the iranian government. in italy the regional president of the lombardy region, that hard hit region in italy, the president of that region is himself...
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Feb 28, 2020
02/20
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just a few minutes ago the geneva international motor show was canceled.ment banned all events for more than 1,000 people that were expected to attend. >> we keep hearing about this, mika. tech, important tech conferences being canceled. >> an economic story. >> again, what's hovering over everything, certainly here, is what to do with the olympics in japan. >> bring in nbc news senior business correspondent and msnbc anchor stephanie ruhle on the floor of the new york stock exchange and she's been following this closely. steph? >> reporter: mika, it's so important that you just referenced the geneva auto show. the fact switzerland is canceling all events with people over 1,000. when president trump said this isn't that big a deal. flu is worse. from an economic perspective it is not about the amount of people getting sick. it's about the economic impact that governments, that companies that individuals are taking such necessary precautionary measures that are clearly going to have a huge economic impact. think about the fact that school is closed in japan
just a few minutes ago the geneva international motor show was canceled.ment banned all events for more than 1,000 people that were expected to attend. >> we keep hearing about this, mika. tech, important tech conferences being canceled. >> an economic story. >> again, what's hovering over everything, certainly here, is what to do with the olympics in japan. >> bring in nbc news senior business correspondent and msnbc anchor stephanie ruhle on the floor of the new york...
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Feb 28, 2020
02/20
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meanwhile in europe, the geneva motor show, one of the world's biggest car shows, has been canceled. it's the latest in a string of internationalse of the virus. experts say the coronavirus is also fast becoming an economic pandemic, with global markets on track for their worst week since the 2008 financial crisis. as the virus spreads, it is fueling a sense of panic over the fallout if it cannot be contained. >> and, brianna, there is no sense the situation is improving any time soon. just in the last 24 hours, we have learned another six countries coming forward saying they have identified their first cases of coronavirus. this has spread to almost every continent in the world, brianna. >> and there's also this concern, clarissa, that the true rate of infection is higher than it's being reported around the world. tell us about that. >> that's right. take iran, for example, 48 deaths in 388 cases total. but if you look at the broader death range totally, it's 2%, which would indicate the actual number of cases in iran is probably much closer to 1,700. there are also fears in certain countries, especially third world countries,
meanwhile in europe, the geneva motor show, one of the world's biggest car shows, has been canceled. it's the latest in a string of internationalse of the virus. experts say the coronavirus is also fast becoming an economic pandemic, with global markets on track for their worst week since the 2008 financial crisis. as the virus spreads, it is fueling a sense of panic over the fallout if it cannot be contained. >> and, brianna, there is no sense the situation is improving any time soon....
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Feb 28, 2020
02/20
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CNBC
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you jim, to phil's point, in the past couple of days, nestle restricting international travel, now jpmorgan, the geneva motor show is canceled microsoft canceling participation in the gaming conference >> i think those stocks should be sold, if you need money i think a lot of people are full up they own a lot of stocks those are sources of fund down here, they're in what i call the blast zone, down 2% to 3%. it's an interesting opportunity to sell them if i can get microsoft at 125, i better have the cash and if the cash means i have to sell a fine company like southwest airlines which is still up a lot from where it was when the president was elected, i would sell southwest airlines that's an interesting opportunity to raise capital this is at odds with buffett on monday why? he has a lot of cash many of our viewers full up, own stocks they need to make the sales to buy really high quality great balance sheet companies where we, if things do worsen on monday, tuesday, and we come in and some unnotable say has the virus, which is going to scare people >> someone who advises viewers often not to trade things quick
you jim, to phil's point, in the past couple of days, nestle restricting international travel, now jpmorgan, the geneva motor show is canceled microsoft canceling participation in the gaming conference >> i think those stocks should be sold, if you need money i think a lot of people are full up they own a lot of stocks those are sources of fund down here, they're in what i call the blast zone, down 2% to 3%. it's an interesting opportunity to sell them if i can get microsoft at 125, i...
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Feb 28, 2020
02/20
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meanwhile, in europe, the geneva motor show, one of the world's biggest car shows has been canceled. it's latest in a string of international events scrapped because of the virus. experts say the coronavirus is also fast becoming an economic pandemic with global markets on track for their worst week since the 2008 financial crisis. as the virus spreads, it is fueling a sense of panic over the fallout if it cannot be contained. >> just ahead, i know you have questions. we have answers. we've been sending so many questions to us here at cnn, especially about when it comes to traveling in the midst of the coronavirus, what to do if you're getting on a plane, planning a trip. we've got answers. also, cnn is on the campaign trail with the 2020 democrats as they make their final push ahead of the south carolina primary, and of course next tuesday, which is super tuesday, and new details about how the trump campaign is spending millions of dollars. turns out that its lawyers are largely focused on suing the media. we'll be right back. people, our sales now apply to only 10 frames. a new low! at visionworks, our sales are good on a
meanwhile, in europe, the geneva motor show, one of the world's biggest car shows has been canceled. it's latest in a string of international events scrapped because of the virus. experts say the coronavirus is also fast becoming an economic pandemic with global markets on track for their worst week since the 2008 financial crisis. as the virus spreads, it is fueling a sense of panic over the fallout if it cannot be contained. >> just ahead, i know you have questions. we have answers....
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Feb 28, 2020
02/20
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meanwhile in europe, the geneva motor show one of the world's biggest car shows has been cancelled. it's the latest in a string of internationalperts say the coronavirus is also fast becoming an economic pandemic, with global markets on track for their worst week since the 2008 financial crisis. as the virus spreads, it is fuelling a sense of panic over the fallout if it cannot be contained. and wolf, one of the real concerns among health experts is that they're only seeing a part of the full picture. countries like iran, for example, north korea, potentially really under estimating the number of cases that they're actually dealing with, and then there could be many more countries, particularly in the third world that simply don't have the infrastructure and don't yet have the knowledge of whether or not there may be infections or cases, so a lot of reasons that people are still very concerned that this crisis is far from over, wolf. >> and those reasons, clarissa are really really good reasons. clarissa ward with an excellent report for us. thank you very much. there's more breaking news next. president trump announces his no
meanwhile in europe, the geneva motor show one of the world's biggest car shows has been cancelled. it's the latest in a string of internationalperts say the coronavirus is also fast becoming an economic pandemic, with global markets on track for their worst week since the 2008 financial crisis. as the virus spreads, it is fuelling a sense of panic over the fallout if it cannot be contained. and wolf, one of the real concerns among health experts is that they're only seeing a part of the full...