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[Report] SENEWS-2020-03-19

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[Homework]SENEWS-2020-03-19

In the US, the American car-makers closed factories to protect workers against the new corona-virus and financial markets were again hard hit. Internationally, nations in North America and Europe put new border restrictions in place over public health concerns. The fast spreading new corona-virus that jumped from animals to humans has now infected over 200,000 people around the world. It also is blamed for more than 8,700 deaths. President Donald Trump said he would use an existing US law to give the government additional powers to fight the disease and to ease economic trouble. The defense the production acts gives the president extraordinary power to order industries to expand production and provide necessary materials. The trump administration is working with the Congress to pass a 1 trillion spending plan to support the economy. Among the proposals is 500 billion dollars indirect payment to Americans. US financial markets had sharp losses Wednesday. The New York Exchange again temporarily haltered trading because of sharp drop in stock prices. It opened again and stock measures regained some of their lost value. Observers note that the stock market has lost nearly all of its gains from the past three years. Oil prices have fallen sharply in recent days to their lowest level in years. Also Wednesday, the Associated Press reported that the three major American car-makers, or General motors and Fiat Chrysler, closed all factories in the US, Canada and Mexico. The move could keep 150,000 people from work. In the state of California, governor Gavin Newsom warned that, in his words, Martial Law could be put into effect. In the city of San Francisco, people are permitted to leave their homes only for food, medicine or exercise. And the mayor of New York said the city with 8.6 million residents should be prepared or locked out. In Italy, the number of people who died from covid 19 moved closer to China's. With another 475 reported death on Wednesday, the country has now led to more than 2,900 deaths to the disease. China where the virus started has reported about 3,200 deaths. Iran also has been hit hard, with more than 17,000 cases and 1,100 deaths. At many border-crossings around Europe, cars and trucks are backed up after  leaders closed them to non-essential traffic. At one point, trucks were backed up in Austria, for 28 km, and cars for 14 km. We have never lived through anything like this, Spain's Prime Minister Pedro Sánchez told a nearly empty parliament room. More than 95% of Spanish law-makers stayed home. Australian Prime Minister Scott Morrison warned that the crisis could last 6 months. He said this was once-in-a-hundred-year type event as his country moved to restrict gatherings and overseas travel. In Southeast Asia, the border between Malaysia and the city-state of Singapore was quite after Malaysia shut its borders. Taiwan said it would ban foreigners from entry and its own citizens would have to quarantine at home for 14 days. On Ecuador's Galapago's islands, Canadian Jessie Lamentin and her family could not leave when their flights were suspended. I was in tears this morning, Lamentin said, I couldn't get any answers from the Airline, I had no money and didn't know whether I was going to keep my job. Some good news did come out of Wuhan, the central Chinese city where the virus was first reported in late December. Officials there reported just one new case for a second day. I'm Jonathan Evans.搜索
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