pmqs, remember the strangeness of this, when you saw the pmqs, rememberthe government adviser niall ferguson, he came down with covid-19 and adviser niall ferguson, he came down with covid—19 and he is in westminster was rife with this disease and then you go to prime minister's questions and you see the commons packed to the rafters, hundreds of mps standing and sharing a very small space and only after days did they decide there are fewer mps, let's space them out, because at least if they are going to represent people they can show they are just as aware of the guidelines as the rest of us. it is difficult, you are constantly dodging each other and trying to find a way around the desks, but we are all becoming very mindful of what the new normal is. rachel, the financial times, ministers under fire new normal is. rachel, the financial times, ministers underfire for new normal is. rachel, the financial times, ministers under fire for the situation over ventilators and supplies have said the call came too late. offers were not taken up, it seems. “— late. offers were not taken up, it seems.

pmqs, remember the strangeness of this, when you saw the pmqs, rememberthe government adviser niall ferguson he came down with covid—19 and he is in westminster was rife with this disease and then you go to prime minister's questions and you see the commons packed to the rafters, hundreds of mps standing and sharing a very small space and only after days did they decide there are fewer mps, let's space them out, because at least if they are going to represent people they can show they are just as aware of the guidelines as the rest of us. it is difficult, you are constantly dodging each other and trying to find a way around the desks, but we are all becoming very mindful of what the new normal

this is professor niall ferguson. danger is to lift those restrictions to soon and then the virus takes off again. it seems to be working quite well at the moment, the social distance and self isolation and so on. but this epidemiologist who i think has also had the coronavirus himself and recovered, doctor ferguson, he is saying that we have got to expect at least three months of lockdown, and then after that, we are going to have to do more social distancing for some months after that. so our lives are really com pletely that. so our lives are really completely changed if we want to defeat this horrible disease. as if by magic, another journalist defeat this horrible disease. as if by magic, anotherjournalist has appeared, martin is here. thank you for getting back to us! my wife i we nt for getting back to us! my wife i went down. i don't know why. for getting back to us! my wife i went down. i don't know whyli for getting back to us! my wife i went down. i don't know why. i am glad you recovered —— wifi went down.

but, in better news, important better news, professor niall ferguson, the man who has fronted up much on coronavirus, this morning suggested the early signs are that the rate of infection could be beginning to slow since the lockdown. in other words, could be beginning to slow since the lockdown. in otherwords, not could be beginning to slow since the lockdown. in other words, not so many people are being admitted to hospital. this won't show up in the fatality figures, the number of deaths, because there is a two or three week lag between people being affected in becoming terminally ill, but it is a glimmer of hope that maybe the lockdown is beginning to work. 0k, norman, many thanks. norman smith, our assistant political editor. prince charles is out of self—isolation, a week after it was announced he tested positive for coronavirus. clarence house said the prince of wales is in good health, and is following government advice. his wife, the duchess of cornwall, tested negative for the virus but also spent the period in isolation. a breathing aid that can help keep coronavirus patien

i'm delighted that the uk approach of been committed not just by niall ferguson of imperial college today but also by dr. david navarro of the world health organization. >> in the weeks and months ahead will test us all and stretch society to its limits. none more so than the national health service which is working day and night to care for the sick and save lives, but together we will get through this. so will my right honorable friend update house on his efforts to bring together a coalition of manufacturers to supply the nhs with the ventilators and other essential medical equipment it needs to treat the most adversely affected patients during this pandemic? >> mr. speaker, as the house will know there's already a coalition of british manufacturers are now working together at speed to provide the believes we need. we already have 8000 and the thing rapidly upwards and i will keep the house informed on developments. >> number eight, mr. speaker. >> i think the right honorable gentleman for his invitation and i'm happy to consider his invitation and will take it up. >> what i would hope

administration has been spurred to action in part because of a dire scientific report by professor niall ferguson, one of the world's leading epidemiologists from imperial college in london. among other things, ferguson projected in his report that, quote, 2.2 million people in the united states could die if more wasn't done. here's what he told nbc's chief foreign correspondent richard engel in an exclusive interview today. >> how far behind is the united states compared to italy or other european countries that have seen pretty big outbreaks? are we talking days, weeks? >> i think some areas of the united states are probably a week or two behind italy. italy is the first affected european country. we think it started mid-january. compared to the united states with like germany and france, i think, again, the united states is bigger but the worst affected area of the united states will be very comparable to what's happening in france, the uk and elsewhere. >> i'm joined now by congressman adriana, democrat from new york, a health care reporter from "the washington post" and miker oester home, di

i am delighted that the uk's approach has been commended not just bite niall ferguson of imperial couegeus all and stretch society to its limits. none more so than the national health service, which is working day and night to ca re which is working day and night to care for the sick and save lives, but together we will get through this. will my right honourable friend update the house on his effo rts friend update the house on his efforts to bring together a coalition of manufacturers to supply the nhs with the ventilators and other essential medical equipment if needed to treat the most adversely affected patients during this pandemic? is the house knows, there is already a coalition of british manufacturers now working together at speed to supply the ventilators that we need. we already have 8000, we are moving rapidly upwards and i will keep the house informed on developments. close questions. number eight. i thank him for his invitation and i am happy to consider his invitation and i will ta ke consider his invitation and i will take it up. what i really hope is that the prime minis

the other interesting information we got this morning was from niall ferguson from imperial college,erguson, provided the modelling that force the government to change their approach to coronavirus and related restrictions rapidly. and talk about —— stop all this talk about herd immunity. are you suggesting the nhs will be under maximum pressure in about two to turn a half weeks' time and he is predicting that between five and 10% of people in london will get coronavirus. norman, thank you very much. it is cardi here now. -- it is you very much. it is cardi here now. —— it is carrie here now. let's take a look at some of the other latest developments. in spain there have been 738 deaths from the coronavirus over the past 24 hours — in the steepest increase of the death toll since the epidemic hit the country. it means that a total of 3,434 people have died in the country — this means spain has now overtaken china and is now the country with the second most deaths in the world after italy. in total there are nearly 50 thousand cases. in the united states, president trump has come unde

apologies that the sound quality isn't that brilliant, i suspect that is because niall ferguson is onme for very specific reasons. they are to shop for basic necessities, like food and medicine. you can go outside for one form of exercise a day, alone or with members of your family — all gatherings of more than two people are banned. you can leave home for any medical need or to care for a vulnerable person. and finally, you can travel to and from work, but only where absolutely necessary, and if you cannot work from home. you can find out more about the symptoms of coronavirus and how to protect yourself, that's all on the bbc news app and also on our website, bbc.co.uk/news. the list of countries on lockdown across the world is rapidly growing as the virus continues to spread. the majority of the countries are in europe, which is the epicentre of the global coronavirus pandemic, according to the world health organisation. but we've been hearing from people from all over the world who say they are stuck. so how are countries elsewhere dealing with being lockdown? with me now is helen

careful not to make this into the pandemic gbecause we can bea this thing >> joining us now, niall ferguson institution. a very good afternoon to you thanks for joining us. do you think that assessment is too optimistic >> well, he i think just got off the phone from the president of the united states who clearly is rather eager for the stock market to go up. and indeed for business as usual to resume in about 17 days but i think it's a little dangerous to present thatas th worst case scenario. we just don't know enough about this virus and the disease it causes yet to be as confident as he just sounded. let's just imagine that we have the italian experience in this country, which is not inconceivable at this point. that would mean that within about two week, we would have 400,000 cases and 40,000 dead i you just scale from population let's imagine that the disease is as contagious as h1n1 and yet a great deal more dangerous. let's apply the south korean fatality rate, imagine that 20% of the u.s. population gets covid-19 but a south korean rate of mortality strikes. then you're looking at

has been a fast moving and we have had all different modelling things that have gone along and niall fergusoning that has been done and the various other parts of the science input to sage this week, to try to get that in the public domain. but the data, in terms of the multiple brains on it is the data access, which is important and that data access needs to work well, it needs to be open and allow people to crunch the numbers and come up with the answers they come up with. the models and they come up with. the models and the codes will be made public by sage and by the academic groups doing it. it is not a government organisation doing it, it is the academics. one of the other questions i have had and it might be naive, is the modelling we are using in the uk the same as being used throughout the world, given it is a global pandemic? is everyone using the same approach and in some cases, why are we making slightly different decisions from other countries? as always, they use different models, thinking about the most important and different variables they put in. the models we use have been

every price movement a number of voices to get you through the final hour of trade including niall ferguson from the hoover institution he's one of the economists that focuses on societal issues like pandemics, and not just sort of the economic impact but making some predictions with that out with a new piece in the journal today and covers geopolitics. so the move in oil a number of investment pros and portfolio managers we're going to find out what their doing today and what action tells us into the close >> we'll see you this afternoon. >> if not before >> let's get to the cme and santelli exchange. >> good morning, carl. you know, the yield curve is getting as flat as a pancake to the 10-year. still a little horsepower in the knob the difference between 30-year yields at 96 and 10-year yields at 52. i say, if the front say let them eat cake, i say let them eat 10-year notes. mark zandsedy said we're going to try what the japanese did and control the yield curve because we don't want negative rates on the long end a movie in 1968 called "hell fighters." no matter how much liquid you put