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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US airlines seek $50 billion bailout

US airlines are asking the government for more than $50billion of
support as they face travel restrictions linked to the coronavirus.

Some experts are warning the travel industry faces collapse without
global action.

Sarah Walton reports from New York

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TANZANIA REPORTS FIRST CORONA CASE

The health minister Ummy Mwalimu said the patient had left Tanzania on the 3rd of March. 

She visited Sweden and Denmark before going back to Belgium. 

Upon arrival at Kilimanjaro International Airport in Arusha, she was scanned but her body temperature was normal and that the scanner did not detect any sign of the deadly virus.

 

Daniel Kijo has more from Dar es Salaam.


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EU proposes travel ban into Schengen zone to contain coronavirus

The EU has proposed a ban on all non-essential travel into Europe for 30 days to slow the spread of the coronavirus.

Under the plan, visitors from non-EU states would not be able to enter the bloc with the exception of EU citizens and their families, cross-border commuters, or healthcare professionals.  

The UK, which left the EU in January, will also be exempt. 

Ursula Von der Leyen is president of the European Commission: 

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Russian court approves constitutional changes

Russia's Constitutional Court has approved proposed amendments to the constitution, including the one that would allow Vladimir Putin to remain in power until 2036. The package of changes will be put to the Russian public in a referendum next month. Julia Chapman reports from Moscow.

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UK ACCUSED OF KILLING CIVILIANS IN SYRIA/IRAQ BY US MILITARY

The UK's Royal Air Force may have killed civilians during airstrikes against Islamic State.


According to the US military there is "credible" evidence.


But the UK Ministry of Defence denies the reports, saying after examining all evidence available it's "seen nothing that indicates civilian casualties were caused".


UK correspondent, Stuart Smith, reports.


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UK government to brief media daily, as airlines slash flights and stock exchange slumps

The British government is to hold daily televised press conferences to update the public on the fight against coronavirus. 

 

From Monday, Prime Minister Boris Johnson or a senior minister will address the media to ensure people are informed about how to protect themselves.

 

It follows criticism for an apparent lack of transparency over plans to stem the spread of the virus.

 

From London, Benji Hyer reports. 


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EU restricts export of vital medical equipment amid shortages, as coronavirus cases mount

The EU will be presenting guidelines on border measures to European leaders, as Germany partially closes its borders to limit the coronavirus outbreak. 

Spain has declared a state of emergency, and France has closed cafes and restaurants. 

EU finance ministers are meeting via telephone to discuss further measures to mitigate the economic impact. 

Lucy Hough (HOFF) has more from Brussels:

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Germany closes borders to try and slow coronavirus

Germany has largely closed its borders with five neighboring countries in an attempt to slow the spread of coronavirus.


The country now has over forty five hundred confirmed cases of the virus.


Ira Spitzer reports from Frankfurt.


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UK EMERGENCY COVID19 MEETING

UK Prime Minister Boris Johnson will hold an emergency COBRA meeting (on Monday) to discuss even tougher measures for tackling coronavirus.

Gatherings of more than 500 people could soon be banned across the UK.

The over 70s could also soon be told to self-isolate for as long as four months.

It comes as the UK faces criticism for not enacting strict lockdowns like other European nations.

Health Secretary Matt Hancock says strict measures will be brought in at the right time.

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Transport Secretary Grant Shapps says the government's approach is dictated by scientific advice.

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Another patient tests negative for coronavirus in Nigeria


A patient who was quarantined in Nigeria's southeast state of Enugu has tested negative for coronavirus disease.

Correspondent Phil Ihaza reports 


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Russia closes borders to fight coronavirus

Russia has closed its border with Belarus in an attempt to stem the spread of coronavirus. 63 people in Russia have been diagnosed with COVID-19, three of whom contracted the illness inside the country. Julia Chapman reports.

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India announces $10 million towards a regional effort to battle COVID 19

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The Indian Prime Minister announced a 10 million dollar fund to battle the novel coronavirus in the South Asian region.
The sum will go towards a collective effort by the South Asian Association for Regional Cooperation to battle the pandemic.
Ishan Garg has more from New Delhi.

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Ugandan National Among Confirmed Cases of COVID-19 in Rwanda

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Uganda has stepped up preventive measures after a Ugandan was confirmed among cases of COVID-19 in neighboring Rwanda.

Rwanda now has five cases of the Coronavirus and the country's Ministry of Health says they are all in stable condition.

Uganda does not have any confirmed case of COVID-19.


Isabel Nakirya reports.


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AUSTRALIA: Australian PM admits more support measures possible to battle COVID19

Australia's Prime Minister has admitted that further support measures may be needed, as Scott Morrison suggests coronavirus will be a bigger impact than the Global Financial Crisis.
Arthur Stevens reports

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US travel restrictions "not seriously discussed"

Top US health official Dr. Anthony Fauci [PRON: FOW-chee] says the
American government is not yet considering domestic travel
restrictions.

The director of the National Institute of Allergy and Infectious
Diseases said flights within the US will continue for now but the
situation will be reassessed.

The Trump administration recently banning flights from 28 European countries.

Dr Fauci was asked about the domestic travel situation on ABC.

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