Tuesday, March 17, 2020

China expels US journalists in retaliation for US restrictions

China has announced it will expel US journalists from a number of
American companies.

Beijing says the move is in retaliation to the US decision last month
to restrict Chinese media organizations working in America.

Nick Harper reports from Washington.

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TANZANIA COVID-19 REACTION

Tanzania's Prime Minister Kassim Majaliwa says his government is taking measures to control the spread of the Covid-19. Tanzania reported its first case of the virus on Monday.   

Nursery, primary and secondary schools will be closed for at least a month...as a means to control the spread of the virus.  


Daniel Kijo has more from Dar es Salaam.


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UK UNVEILS MAJOR COVID19 ECONOMIC PACKAGE

The UK's unveiled a £330 billion ($400 bn) loans package and other measures to support its economy as coronavirus spreads.

The country's finance minister says he's prepared to go further if necessary.

Olly Barratt reports from London.

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Trump prepares $1 trillion stimulus of US economy

President Trump says American families may soon receive a one-off payment from the US government to offset the costs and loss of income caused by the coronavirus pandemic.


His Treasury Secretary Steven Mnuchin is finalizing the details with the US Congress, and told reporters that checks could be send to families within the next 2 weeks.


Our US Correspondent Simon Marks reports.


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Germany plans to fly back stranded tourists

Germany has a plan to bring home German tourists who are stranded abroad because of coronavirus travel restrictions.

The outbreak has left thousands of Germans without a way to return to the country.

Ira Spitzer has more from Frankfurt


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Trump administration calls for $850 billion stimulus package

The Trump administration is set to ask Congress for an 850 billion
dollar stimulus package to help offset the economic impact of
Covid-19.

This comes a day after Wall Street posted its worst daily drop since
1987 as fears grow over the possibility of a global recession.

William Denselow reports from New York.

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Strict lockdown in France after president says country "at war" with coronavirus

The French president says that the country is now "at war" with the new coronavirus and he has urged all French citizens to stay at home for at least 15 days.

More than 140 people now confirmed to have died in France due to the outbreak, and another 6,633 people testing positive for the disease.

Ross Cullen has more from Paris.

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Russia's airlines could lose 1.4bn dollars

Russia's airlines could lose almost one and a half billion dollars because of cancelled flights, according to its aviation agency. The figures are a snapshot of the economic damage caused to the industry around the world, as flights are grounded because of the coronavirus outbreak. Moscow Correspondent Lucy Taylor reports. 


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UK GOV. RAMPS UP CORONAVIRUS MEASURES

The UK Government is advising people not to see family and friends or gather in crowded places, as it steps up its coronavirus response.


The prime minister, Boris Johnson, gave the advice in his first daily press conference but it remains advice and is not being enforced.


Potential cases are no longer being tested, but estimates of the number of infected lie in the tens of thousands.


Stuart Smith has more.


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UK TO UNVEIL NEW ECONOMIC RESPONSE

The UK is expected to unveil a new package of economic relief later as the impact of coronavirus social-distancing strikes.

Britons are being told not to go to bars, restaurants and theatres and work from home where possible.

It's leading to fears of thousands of imminent job losses.

The Chancellor Rishi Sunak's expected to announce an added support package for businesses on Tuesday.

Markets analyst David Buik says it needs to be substantial.

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The Chief executive of the British Beer and Pub Association Emma Mcclarkin says it's going to be devastating.

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AUSTRALIA: Qantas and Jetstar to reduce international flights by 90%

Australian flagship airline Qantas and its subsidiary Jetstar will cancel the vast bulk of their international flights, and will also cut domestic services.
Arthur Stevens reports

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Uganda's Tourism Sector Suffers losses Over Coronavirus

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Uganda's Tourism Industry is suffering losses following the global coronavirus pandemic.

Hoteliers in the country say occupancy had dropped to as low as 5% and proprietors are mulling over staff layoffs.

Isabel Nakirya reports.

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AUSTRALIA: Melbourne researchers discover how the body fights off the coronavirus

A team of researchers in Melbourne say they have identified how the body fights off the coronavirus.
Arthur Stevens reports

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Russia closes borders to foreigners

Russia has announced that it will close its borders on Wednesday to nearly all foreign citizens. The number of people in Russia infected with coronavirus nearly doubled in a day and now stands at 93. Julia Chapman reports from Moscow.

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India's Uttar Pradesh makes it criminal to refuse COVID 19 tests

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Authorities in the northern Indian state of Uttar Pradesh say they will jail people who refuse to be tested for COVID-19.

It comes as the number of coronavirus cases in India has risen to 125, with three people having died from the disease.

Ishan Garg has more from New Delhi.

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Monday, March 16, 2020

Wall St plummets despite Fed rate cut

Wall Street has experienced its worst day in 33 years, despite the US
Federal Reserve cutting rates to zero.

The Dow Jones dropped nearly 3000 points, a fall of almost 13%

US correspondent Nick Harper reports.

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Trump warns Americans to avoid gatherings of more than 10 people, end discretionary travel

President Trump is warning Americans to avoid gatherings of more than 10 people, to avoid bars and restaurants and to abandon any plans for non-essential travel.


He told reporters at the White House that it's time for all Americans to play their part in a bid to halt the spread of the coronavirus.


Our Washington Correspondent Simon Marks reports.


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Trump urges Americans to avoid groups of larger than 10 people

President Trump is warning Americans to avoid gatherings of more than 10 people, to avoid bars and restaurants and to abandon any plans for non-essential travel.


He told reporters at the White House that it's time for all Americans to play their part in a bid to halt the spread of the coronavirus.


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Clinical Trial For Coronavirus Vaccine

Scientists around the world are fast-tracking research to develop a vaccine to protect against the coronavirus. 

The first human trial of a vaccine to protect against the coronavirus is scheduled to start on Monday in Seattle. Rachel Silverman has details. 



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Major losses on Wall Street despite Fed rate cut

The U.S. markets fell over eight percent during trading hours Monday
as Covid-19 continues to shake investor sentiment.

On Sunday the Federal Reserve cut interest rates again but fears are
growing that the coronavirus pandemic will trigger a global recession.

William Denselow reports from Wall Street in New York.

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