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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 closedfactories to protect workers against the new corona-virus and financial marketswere again hard hit. Internationally, nations in North America and Europe putnew border restrictions in place over public health concerns. The fastspreading new corona-virus that jumped from animals to humans has now infectedover 200,000 people around the world. It also blamed for more than 8700 people death. 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 act president extraordinary power to order industries to extend productions an provide necessary materials. The Trump administration is working with the Congress topass a 1 trillion spending plan to support the economy. Among the proposals is500 billion dollars indirect payment to Americans. US financial markets hadsharp losses Wednesday. The New York Exchange again temporarily halteredtrading because of sharp drop in stock prices. It opened again and stockmeasures regained some of their lost value. Observers note that the stockmarket has lost nearly all of its gains from the past three years. Oil priceshave fallen sharply in recent days to their lowest level in years. AlsoWednesday, the Associated Press reported that the three major Americancar-makers, or General motors and Fiat Chrysler, closed all factories in theUS, Canada and Mexico. The move could keep 150,000 people from work. In thestate of California, governor Gavin Newsom warned that, in his words, MartialLaw could be put into effect. In the city of San Francisco, people arepermitted to leave their homes only for food, medicine or exercise. And themayor of New York said the city with 8.6 million residents should be preparedor locked out. In Italy, the number of people who died from covid 19 movedcloser to China's. With another 475 reported death on Wednesday, the countryhas now led to more than 2,900 deaths to the disease. China where the virusstarted has reported about 3,200 deaths. Iran also has been hit hard, with morethan 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 werebacked up in Austria, for 28 km, and cars for 14 km. We have never livedthrough anything like this, Spain's Prime Minister Pedro Sánchez told a nearlyempty parliament room. More than 95% of Spanish law-makers stayed home.Australian Prime Minister Scott Morrison warned that the crisis could last 6months. He said this was once-in-a-hundred-year type event as his country movedto restrict gatherings and overseas travel. In Southeast Asia, the borderbetween Malaysia and the city-state of Singapore was quite after Malaysia shutits borders. Taiwan said it would ban foreigners from entry and its owncitizens would have to quarantine at home for 14 days. On Ecuador's Galapago'sislands, Canadian Jessie Lamentin and her family could not leave when theirflights were suspended. I was in tears this morning, Lamentin said, I couldn'tget any answers from the Airline, I had no money and didn't know whether I wasgoing to keep my job. Some good news did come out of Wuhan, the central Chinesecity where the virus was first reported in late December. Officials therereported just one new case for a second day. I'm Jonathan Evans.


                                                   
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