to costa he's a senior reporter at market news international joining us on skype from brussels also maki yama director of the european center for international political economy and here in our london studio with me gareth leather senior economist who specializes in asian and emerging markets for capital economics welcome to all of you care of a dreadful week on the markets how bad would you say how clearly it's devastating the worst in a single day since black monday in 1987 i think what it is it's investors around the world waking up to the realisation of how bad this is going to be in kind of january february i think there was a hope that it would be limited to china and maybe other parts of east asia but it's clear now that this is going to devastate economies in europe and america at least for the next couple of course as i suspect pedro we have had before black monday a black friday will this go down do you think in the history of the stock markets as the black thursday i think it absolutely will and you know while i wasn't around to cover the markets in 1907 i was around for the 2

11, 2001, disaster left 18,428 people dead or missing, including the okubo family's only daughter, maki. the 27-year-old was swept away by the tsunami. last summer part of her remains were finally found off the coast of miyagi prefecture. >> translator: this year is different. we can feel my daughter close to us. >> translator: she finally came back to us, even though our sorrow will never be erased. >> another 3,739 deaths have been attributed in the years that followed. the magnitude 9 earthquake generated a tsunami 9 meters tall and triggered one of the worst nuclear accidents. 3/11 is synonymous with the daiichi nuclear power plant. it suffered a triple meltdown. as a result, tens of thousands were forced from their homes because of the radiation. almostst a decade later, severa areas remain blocked off. leaving many evacuees waiting to go back home. life has returned to some communities. an evacuation order was partially lifted this week for a small part of a town near the crippled plant. >> translator: only ththree outf 60 f families in my neighborhoo have reteturned, and the peop

s will have maki meds and we have. decided that they that we should interact to agree to see the case and no necessary business is. i think that both men address their most but tension to the business while the. 18 hours of the confrontation and the interventions and. to introduce measures that a to counteract a virus to own the place is all well. and. you know wanted to ensure. that the thing fancy and you. could paint and imagine for a day great section have said that increased. the bottom of the public transport to bob the private trample. and the. expansion of old. industrial and commercial activities. apart from essential. public safety specs production the suspension all the production ready. he. caused the reaction of trade he. caused the reaction of trade unions that and other. bodies. this situation was very dedicated. to peace in my engine. how one can distinguish we've been at production system a d.s.n. showed production activities for non-essential production i can see because it is a very difficult task. i

now the rerant industs maki to its stget through this. >> we did not plan for the number of calls thate were receiving right now. >> reporter: it was a dinner time rush they didn't expect. >> thank you so much. we appreciate you. >> reporter: but sushi's customers proved they would answer the call for help. >> for them to step up like this and come together has been a tremendous help for us. we are hustling to try to catch up with all the orders. >> reporter: a red white and blue post spread and caught on on the internet dubbed tuesday the great american take out. ordering a delivery or take ou . we'vealredraine ng >> repter: michael williams with the restaurant southern kitchen booming just days ago -- >> the world changed overnight. >> reporter: -- may not survive more than two weeks after 30-ha customers, we won't stay afloat. >> reporter: he's offering free delivery to pay his vendors, his employees and stay open. but everything in the restaurant industry, he says, is a challenge right now. >> the cost has tripled on some things. case of eggs was 25 bucks, now it's 50. milk is hard

had in our next half hour on kpix 5 and streaming on cbsn bay area, the move one utility company is makiohe cu sera plus, people who are one stuck on the grand princess cruise ship are now wake up and sent carlos this morning, showing signs that they might have coronavirus. >> don't forget, we are straining right now ♪ it's only human to find inspiration in nature. and also find answers. our search to transform... ...farm waste into renewable natural gas led chevron to partner with california bioenergy. working to provide an alternative source of power... ...for a cleaner way forward. >>> live from the cbs bay area studios, this is kpix 5 news. >>> right now on kpix 5 and streaming on cbsn bay area, ship docked in the port of oakland, now free of passengers. why some people with coronavirus symptoms are being quarantined in a local hotel. >>> closed for several weeks, this morning, dozens of schools shut down over coronavirus fears. >> the travel ban will take effect at midnight. how it has impacted wall street. a lot going on this morning. is friday the 13th. i'm anne makoveck in for ke

inventing medicines of the future to create tomorrows that will beealthier... ...a happier, while maki medicines that help people right now. because that's the prest we wanted to live in. d that's the future well wanto see. abbvie. here. now. >>the city of san francisco is prepang in case corona virus takes hold on the homeless populati are visa been rented in case those infected and unsheltered need to be isolated kron four's maureen kelly takes a look at th other steps being taken to try spreading to ts at risk population. >>in order to promote proper hygienforthe homeless who running water hand washing statns have been put up around san frncisco r shelter to anyone else needing to clean up. this a great idea f you've ever gone cappingthese are the one of the newer onealso tay, a representative from the city's department of emergency management showed off the inside of onof the 30being least as a place to put the homeless kitcn for those livinin group settings like nagation centers sorrs in the event they catch coronavirus itwould be for those not sick enough or hospitalization, but

but cover a couple things that maki speaking what we did was that we had a one day just very very 1stof the media training session that we capture people talking. and then the suggestion was well why don't we grab some of these people talking not mediated through media but actually speaking on their own just to speak in your own voice in your own words. and we should that this is very very important i think all communities need to do this if you take with you and when we're asked how the community is. take monkey her father was shot in the back she was in the mosque with her mother so she was there and she went through the whole thing. she's young girl she's not a kid a bright intelligent young go. but she's transition transitioning into university and she's got to deal with all of that and when you again if you ask about community mel in his case i have to preface this and i say very clearly i was not he i was not in sync in using it at the time now as a way of singapore so to speak i don't claim to be the speaker of the community it's a strange situation. but to most to most just to

down the democratically elected president how to government i think is a truly effective for malaysia maki there obviously a lot of concerns about the legitimacy of this new government you called it a back door government lacking in legitimacy was elected by the people the guardian newspaper in the u.k. for example called the king's decision to name or you deem prime minister a royal crew is that a description you would agree with i think it unfair to blame the malaysian king the reality is their leaders who currently kleeman government came in in the wrong question where they presented the wrong numbers to the malaysian king for an example my party president claim that i thought him that i thought defected to the declaration including to not to muddy and up to 3 mcchrystal heidi so when he presented the numbers to the malaysian king he claimed that he get 36 members of parliament supporting him his party but in reality that is not the case but the malaysian king did decide and you claiming that dean doesn't have the support of majority of a members of parliament but the king decided he di

e wait people in other untries that do i think we should be yes maki sure that ey're keeping a distance from people and importantly staying home if they're experiencing symptoms we wanto be taking good proactive steps to just a little bit of a social isolatiodoes make a difference. >>some reports estimate, 10's of millis of americancould contract the virus but health experts say the final outcome is at this point predictable. >>in his address the nation the president made some guarantees to e american people i'm joe kleel here in washington shoyou w th >>the walt disney family museum in the presidio in san francisco is because an employ tested positive for the virus they made that first tour of relative, curreny that employee is under quarantine for the meantime you can't go to that walt disney museum and that's just a little thing ask tip of the their theme parks. >>both in southern california and florida also shutting down anaheim disneylandill shut down tomorrow that closure will last until the end of the month ere been no reported cases of coronavirus at the disneand resort, but the

inventing medicines of theuture to create tomorrows that will be healthier... ...and happier, while maki medicines that help people right now. because that's the present we wanted to live in. and that's the future we allant to see. abbvie. here. now. abbvie. coronavirus cases continue to soar across the country health professionals are touting new tools to help combat the spread experts say more testing rapid results and sterilization of masks are going to be helping and as the president extends his social distancing guidelines for the month of april. >>romero is in washngton with the latest. >>over 1 million americans have now been tested. >>it's a grim milestone in the fight against the spread of the coronavirus the illinois based abbott testing plans to rule out 50,000 test each day starting this week showing results in less than 15 minutes. he should trump administration officials say it's a new weapon in the battle against covid 19 just like tests for flu or strep we go to the doctor she get to test time. >>you can get an answer within minutes of having this test time nurses and doc

driver or a grocery clerk or stocking shelves or the medical providers on the front end, you know, makiaking do with what they have. this community's really pulling together to try to cobblestone our fight together. >> the president tonight -- pardon me for the delay -- the president, tonight, is saying that if governors aren't appreciative, he's not going to return their call. he pointed to washington and michigan as examples. is that something that, your experience, i certainly hope not? >> no, i have certainly not experienced that. i mean, anytime i've called, they've been very responsive to us. like i say, we -- responsive in so much as they'll return phone calls and they'll talk to us. we haven't gotten our orders filled. but, then again, i mean, the requests are so enormous coming from all these states. you know, you're talking 30, 40,000 ventilators. i have 838 ventilators in the state of nevada. that's what we have. 40% of them are in use right now. we watch this every single day. how many of our ventilators are in use. i hope i don't get to where i've got 100% usage but that da

and we see that that is the way that trump has been leading, with makiing personal attacks against republicans -- against democrat, i'm sorry. and we're seeing some of the ads that biden is coming out with, he is trying to say that the reason to vote for him is to bring the u.s. back to its morals, to unite the country. but he will respond and he had responded in the past when trump makes personal attacks. the same with sanders. sanders doesn't allow trump to just make personal attacks on him either. so i think that we can assume that this campaign will be one of the dirtiest ever and it will get very, very personal and based on candidate characteristics, possibly more so than the issues. it is better for the democrats if they focus on the issues, on health care, on improving things for just the average worker, improving life for the average worker. if they focus on issues that the democrats really care about and independents care about, that would be better for them than if they get locked into the battles about personality. >> it is interesting with the various primary, the various states, i

. >> china's fight against the coronavirus is indeed maki huge progress. >> brangham: thousands of patients in china have recovered and be released from the hospital. for the pbs newshour, i'm william brangham. >> woodruff: at least people were killed early today when tornadoes tore through central the storms blasted downtown nashville a damaged or destroyed at lea 140 buildings, and some super tuesday polling stations. national correspondent stephanie th has our report. >> we've beeugh lots of tornado warnings, and never thought that this would happen. >> reporter: nashville is in shock today. residents emerged from a night of deadly tornadoes that ravaged adighborhoods. the tos were part of a band of storms that stretched across four states late monday n ht into tuesday morning more t buildings were damaged in nashville alone, some beyond repair, as a tornado cut the city.he through the heart of four tennessee counties reported storm-related deaths, and nashville hospits trted dozens of people for injuries. bill lee is the governor. >> let me just acknowledge tragedy. we have had loss of

hope the defense production office -- agency would be called upon to call upon industry to convert to maki making ventilators and the rest. testing, testing, testing, masks, masks, masks, ventilators, ventilators, ventilators. we need many more. ventilator is not about making you breathe easier. it's making you breathe, period. it is vital to life and death in many, many, many cases. we need an unlimited number. let's think of it that way, endless number of ventilators just to name one thing. but everyone, the farmers, the producers, the grocers, everyone who is keeping america fed, our truck drivers, postal workers, delivery people, everyone who is making this survival possible we thank. again, we thank our scientists for striving to find a cure. so tomorrow we will go to the floor for this legislation. but as i have said, there's so many things we didn't get in any of these bills yet in a way that we need to, so the next step would be, among other things, we want to have more -- better definition of who qualifies for family medical leave. i can give you some examples if you wish. a stron

one of the first things we're doing are maki sure weve sufficient protective gear on hand and using at protective gear wisely and when it st absolutely needed tot prot staff from getting the infection. the second thing we're doing is makict sure we are prog patients from each other. ensuring that patients that have systems that are flu-like or in this case coronavirus, are separated from other pat that we are seeing. the third thing we have done is of course cancelled all nonessential care such as nonessential clinic sits, operations and surgeries. we're doing that one so people can stayut of the hospital and clinics, so they can be safe. >> and areou confident that you have that capacity? do you have enough protective gear? do you haveat enough ventils. do you have enough beds to do all of those things if the spike is as as many people fear the worst could be? >> well, we are working very hard to shore up our resoues all of those things. you know, you have heard and all of us flow that there are a few global shortages in protective gear as it relates to vet laters, same thing. all inj

talking about yesterday pointing to add it way up just on the coast of alaska today, it's already maki into the pacific northwest resulting in low elevation, snow fall and it's going to do the me as makes its way further to the south on into the bay area come tomorrow morning so it's all starting tomorrow morning with a lineof showers that pushes and this is going to be a company by some pretty strong winds as ll as scattered showers here and there snowfall ever present up in the sierra nevada over the course of thnext few days they're going to be seeing a lot of helpful snow. this is 09:00am tomorrow line of showers pushes through thbay area by noontime it will be ma its way into the south south side of the y and then we work our way through the rest of your saturday or sunday and into monday to with scattered showers to take us throh the beginning of next week and as i meioned snow not letting up during the entirety of that time today daytime highs 50's and 60's for cotal areas daly city 62 elder not in half moon bay at 61. burlingame 64 degrees for the high today noticing a dierence

there is a cost, an economic cost, a human kofrcost, to maki these decisions but it's important to makeuch bigger, you know, payments later on in terms of human lives and in terms of money. you know, finally, let's just remember this, this is the worst pandemic that we have experienced in the last century. and it's going to take a toll on us, but we know how to address this. what we have to remember is that this is a moment, a kind of moment that comes along every so often in the world's history, where we have to come together as a country, as countries around the world, to take on an issue that we can only resolve together. so this is a solidarity moment and that is the only way we are going to overcome this virus. >> doctors, i appreciate it. thank you. >>> coming up next, if president trump does propose financial leave for the coronavirus tonight, what will that look like? and is congress satisfied with what it's been hearing so far? that and more on the virus when we continue. 100 years ago, our grandmothers did not have an equal right to vote. we do. find their stories. make them c

they don't know what's on the other side of this tats makie that's making them nervous >> i'll tell you what's on the other side, costco, walmart, amazon >> that's all retail that's it. kroger the supermarket chains >> i now look at a company and i say show me the balance sheet. show me the balance sheet. we have carnival cruise, they cut the dividend, trying to raise capital. the markets have been open to raising capital for a lot of companies that you and i both know you would not lend capital to them unless you made an agreement where you were trying to make money off of a revolver and it comes back to haunt you i don't want to present myself as an optimist about business. i don't see anything good. you have the small business loan that you can apply for, the 1099 people are confused. next week you will get unemployment i'm just saying forget the financial world, i think there's a chance that what i regard in central park of new york looks a lot like when you pull back and that battle of atlantis scene in "gone with the wind" and that's a tragedy. maybe we can put an end to what look

do have the headline risk from the 737 but they have already announced they are fwogoing to start makiompany like boeing trading today at $166, although it's come off a $90 price a few weeks ago, it's still a few months ago, the stock was trading north of $400. so yes, you get a strong dividend and if you believe there's really two companies in the world that can make large airplanes and boeing is one of them, their business will get back on track. so for a long-term investor it's a great investment at these prices. stuart: let me throw this at you. earlier this morning, i believe about 7:00 eastern time, we got the news that boris johnson, britain's prime minister, had tested positive for the virus. at that point, futures dropped a little bit. mike, do you think boris johnson testing positive has any influence on our market at all? >> a lot of that, at that time, the way the market dropped, that was programmed algorithmic trading, scanning for headlines and selling on that news. but let's think about where we are. if there was a world leader that became sick with coronavirus and died