pusher. that's right he specifically referred to the volkswagen brand and he said that $200000.00 units in production were lost so far because of the outbreak of corona and because of all the destruction the cord team measures and that's just for the relatively short space of time that he's talking about referring to that number he says that he hopes thinks that volkswagen will be able to make that up in the course of 2020 but of course if the situation goes on longer it will become all the more difficult and the situation for the volkswagen group it's not just folks wagon not just porsche it's i would be as well which also has a big market in china so volkswagen not just folks like me other manufacturers are looking at huge problems this is also about whole of colonies what do you think about the criticism that governments and central banks are too slow to react. well i agree and disagree i agree that the governments so far have been too slow in preventing the break in the for example the german government listening to health officials health experts debate this point they didn't

volkswagen the car a german car giant is halting production of most of its german and european plants this after the pandemic has interrupted supply chains and made it necessary to protect workers and we'll have more on the company's announcement in just a few minutes. france is going into a nationwide lockdown today president a man on my car says the country is facing a public health war and that it will take on all out mobilization to slow the spread of the corona virus so far 148 people in france have died and there are more than 6600 infections and the burden on the country's health system is increasing on the frontline the caregivers university hospital when patients arrive was lung problems they're taken to a special unit but it's also important to keep the medical stuff healthy. priority is really to protect ourselves we use protective closing where we are with a patients. the emergency response center in the city has seen 5 times as many calls as usual the technology fails to keep up the pace the computer system broke down. or. computers didn't stop for long because the engine

discount oil. here in europe, the production lines for volkswagen may have come to a screeching halt because of the pandemic but in china, the company is ramping up production again. for now, the world's biggest carmaker is getting by without government help. in germany, the company's management is having its patience tested. reporter: volkswagen is losing two billion euros a week. costs have been radically cut back and in germamany alone 80,0 workers have been forced on to short-time or leaea. the company's outlook gets worse every day its factories remain shuttered with no sign of improvement. the spanish plants are at a standstitill as are our italian factories, like all volkswagen plants in europe. the situation is particularly bad in spain because the growing number of new cases remains very high. with the economic harm only increasing, volkswagen is lobbying for swift end to the national lockdown in germany. meanwhile, the situation remains critical. this week, v.w. said its extending its german plant closures until april 9, at the earliest. anchor: the sporting world has come

coronavirus and how that is impacting real-world business with the ceo of volkswagen. great, exclusive interview coming up next. this is bloomberg. ♪ matt: welcome back to markets. minutes away from the cash equity trading, futures looking pretty -- looking up. that put it into perspective we've never seen the broader european and ask further in monday than it did yesterday. in terms of wall street, we saw the biggest drop since 1987. right now, we have an exclusive interview. i want to get to the world's largest carmaker, most exposed to the coronavirus outbreak in china according to s&p. -- effects on supply-chain growth, how is volkswagen preparing? during us more is herbert deese, the ceo of volkswagen. let me ask, first of all, how you're prepared in terms your people. you have i think more than 300,000 workers here in germany, 600,000 around the world. how difficult is that to prepare for this kind of disease? herbert: actually, i think it's very difficult to prepare. we put in place all the measures. we reduced our meetings, traveling. we do a lot of videoconferencing, meanwhi

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, but i want it! hey, buddy. what's the damage? i bought it! the waterfall? nope! a new volkswagen. a volkswagen?! i think we're having a breakthrough here. welcome to caesar's palace. thank you. here hold this. follow that spud. [ tires screech ] the big idaho potato truck is touring america telling folks about idaho potatoes. and i want it back. what is it with you and that truck? rowithout the commission fees and account minimums. so, you can start investing wherever you are - even on the bus. download now and get your first stock on us. robinhood. >> neil: all right. miami, they call that the new york knicks city of the south, the city that never sleeps. at 10:00 p.m., a curfew will take effect. that's something that a lot of miami residents are not used to. if there has been a plea not only by the city's mayor but governor especially with kids, get off the beaches. and these large crowds, we are risking extending the coronavirus down there. they hope to put the kibosh on that. i think you have had two tests that came back positive. are you quarantined yourself. i think you had a

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recession. unknown, volkswagen says the economic fallout from the pandemic is impossible to predict, as car plants across europe are shut down. anna: good morning everybody. a grizzly monday on wall street following a 100 --basis point cut from the fed after an emergency meeting, the dow fell almost 13%, the biggest plunge since 1987. oil hit its lowest level in over four years. president trump says the coronavirus may cause economic disruption against the summer and it could send the u.s. economy into recession. pointing, u.s. futures up and european features also pointing to gains. the s&p has fallen or risen by 4% last six days, an incredible record of volatility. and, let's look at the gmm look where we are treating now. u.s. futures upwards. the yen moving to the downside. volatility is certainly the name of the game. asia swings to gains from losses overnight. and despite what all of the central banks have been doing, what the imf has said about mobilizing $1 trillion worth of lending capacity, we still see such volatility on the equity markets. matt? the volatility, let's get to

carmaker volkswagen is suspending production worldwide the company which owns brands like porsche and body built more than 10000000 vehicles last year more than any other car maker given the present significant deterioration in the sales situation and the heightened uncertainty regarding parts applies to a plunge production is to be suspended in the near future factories operated by group bronze volkswagens decision fall similar moves by other mass carmakers toyota b.m.w. were not and more have all shuttered their plans during the global health crisis and the e.u. alone the sector is responsible for around $14000000.00 jobs the pandemic is causing huge problems for the u.s. job market as well with the country's unemployment claims seeing one of the largest spikes on record the u.s. labor department has reported several 100000 claims filed and forecasts are dire with some predicting they'll be millions of jobless americans by next week. editorial director at american institute for economic research jeffrey tucker says the global economy is facing increasing pressure by the day. this is

producer, volkswagen, is suspending production in germany and other countries. management has told employees to expect a rococky road ahead. reporter: a banner year, with record profits and record levels of investment. but the coronavirus pandemic has put the brakes on what should have been a good day for volkswagen. >"due to poor turnover and disruptions in a supply chains we will soon be confronted by, we will be forced to close down many of our production facilities." work has already ground to a halt in factories in spain, italy, and slovakia. and assembly lines in germany and throughout the rest of the european union will soon be shut down for at least two weeks. vw had expected to continue itss winning streak in 2020. but with no sign of anan end to the spspreadf covid-1-19, compay brass s now says it expects a "very difficult year ahead." brent: in the united states, the trump administration is proposing an $850 billion schemas package that would among other measures send a $1000 check to every american. the package would include $50 billion for the american airline industry

even ski r.t. powers. the world's biggest carmaker volkswagen is suspending production worldwide the company which owns brands such as skoda porsche began to build more than 10000000 vehicles last year more than any other car producer. given the present significant deterioration in the sales situation and the heightened uncertainty regarding parts supplies to our plants production is to be suspended in the near future at factories operated by group bronze volkswagens decision follows similar moves by other carmakers toyota b.m.w. ran no fee at and this have shut their plants steering the global health crisis in the loan the sectors responsible for around $14000000.00 jobs. pandemics causing huge problems for the u.s. job market to the country's unemployment rate seeing one of the largest spikes on record u.s. labor department has reported several 100000 claims filed geoffrey took a editorial director at the american institute for economic research agrees that the global economy is under severe strain. because there were internet i don't even think economists have that but it's not re

better equipment themselves from the virus and volkswagen becomes the latest car giant to hold production amid the pandemic is the health crisis ever more jobs risk and also to come this hour u.s. senate is accused of insider trading after they sold off their stocks right ahead of me. so they good afternoon you watching r.t. international she's come 2 o'clock here in moscow now we'll start with the latest on the pandemic because the corona virus has now claimed more than 11000 lives worldwide with the number of confirmed cases hitting 280 percent. well italy suffered its highest number of coronavirus deaths in a single day on friday with 627 people losing their lives in all the pandemic has now killed over 4000 italians in the peer chan's a region one of the worst hit provinces the large scale loss of life has put a strain on funeral homes there are some credit turia have said that they may not be able to take any more coffins due to a lack of capacity. and obviously this situation creates an abnormal amount bringing us to an emergency phase making us very likely to hold for a

, buddy. what's the damage? i bought it! the waterfall? nope! a new volkswagen. a volkswagen?! i think we're having a breakthrough here. welcome to caesar's palace. thank you. >>> this morning, record-shattering unemployment numbers are spooking wall street after two straight days of gains. markets just opened and the dow is down. despite the senate passing a $2 trillion relief program late last night, investors are laser focused on the unemployment numbers with more than 3 million americans filing for unemployment benefits this past week. let's put it in context. two weeks after september 11th, jobless claims peaked at 517,000. the number peaked again during the financial crisis in march of '09 when 665,000 filed jobless claims. this past week, 3.2 million americans filed first time claims. joining me to discuss, doug holds eakin. he's the former chief economist of the president's council of economic advisers and former director of the congressional budget office and ben whits, chief economic correspondent for politico and host of politico's money podcast. doug, i want to go to

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waterfall? nope! a new volkswagen. a volkswagen?! i think we're having a breakthrough here! welcome to caesar's palace. thank you. >>> welcome back. we know hospitals across the country are preparing for the absolute worst. and for heart-wrenching situations. but we saw what that looks like in the black and white letter from a hospital leaked from a michigan hospital system. the henry ford health system to be precise. they say in a worst case scenario, worst case, doctors will have to choose which coronavirus patients will get care, and which ones will not. writing a letter if this gets to that point, quote, patients who have the best chance of getting better are our first priority. and patients who are treated with a ventilator or intensive care unit care may have these treatments stopped if they do not improve over time, unquote. omar jimenez joins me live. and it is fair to say this isn't the decision anyone wants to have to make and we're not there yet. no one in the united states is there yet. although they are there in italy. does the hospital system believe it's close to reachin

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waterfall? nope! a new volkswagen. a volkswagen?! i think we're having a breakthrough here! welcome to caesar's palace. thank you. ♪ >> chris: as the debate intensifies about how long to continue the coronavirus lockdown in this country, we want to bring in one of the nation's top experts on infectious disease epidemics. join us for baltimore, dr. thomas inglesby, director of the center for health security at johns hopkins university. doctor, let's start with the astonishing spread and 2,000 deaths. what does that tell you about the nature of this virus and where are we in the course, in the spread here in the united states? >> dr. inglesby: well, it tells us that this virus is able to spread pretty efficiently and quickly. we've seen that around the world in the last few months and we should expect that to keep happening in the united states. i think unfortunately we are still at the very beginning of this outbreak and we should expect that to continue for some time and really focus on social distancing is one of our main interventions to try and slow it. >> chris: i want to pick up

provided with better equipment to protect themselves against the buyers and volkswagen becomes the latest car giant a whole production code with 19 outbreak is the health crisis puts ever more jobs at risk and also become u.s. senses of accused of insider trading after they sold off their stocks just before the recent crash. hello there good evening you with r.t. now the latest on the corona virus which has claimed more than 11000 lives worldwide with the number of confirmed cases exceeding 280000. you. literally suffered its highest number of coronavirus deaths in a single day on friday with 627 people losing their lives in all the pandemic has now killed over 4000 italians be genzer one of the worst hit provinces the large scale loss of life has put a strain on funeral homes there and some kramatorsk have now warned they may not be able to take more painful due to a lack of space. but obviously this situation creates an abnormal amount bringing us to an emergency phase making us very likely to hold for a few days in order to be able to recover some space. also forced to use our premises

provided with better equipment to protect themselves against the virus. plus volkswagen becomes the latest car giant to halt production amid the cove in $1000.00 outbreaks as the health crisis but ever more jobs at risk. and a number of u.s. senators are accused of insider trading after they sold off their stocks just before the recent market crash. you're watching r t international bring your live news update from our studio here in moscow welcome to the program. we start with the latest figures on the corona virus which has now claimed more than 12000 lives worldwide the number of confirmed cases is edging towards 300000. italy which became the hardest hit country this week by the corona virus with a death toll surpassing even china has seen nearly 800 feet tall these in the past 24 hours alone and all the pandemic has now killed more than 4800 italians amid the grim statistics russia has offered to send aid to the country. joined me earlier in the studio with all the details. there is no other place in the world where it is as bad as it is in italy right now so amid this crisis r

to quit unless they are provided with equipment to protect themselves from the virus. volkswagen becomes the latest production due to the 1000 outbreak. puts ever more jobs at risk. u.s. senators are accused of insider trading after they sold off their stocks just before the recent crash. are broadcasting live. thomas certainly glad to have you with us. all right we start with some breaking news this hour italy is shutting down all production of non-essential goods due to the 1000 pandemic that's as the disease has now claimed almost 13000 lives worldwide the number of confirmed cases has reached 305000. the production shutdown in italy was announced by prime minister just in the past couple of hours he said italy is in the grips of its worst crisis since world war 2 . today we decided that the government production. of providing goods and services a program to. italy has seen nearly 800 fatalities in the past 24 hours alone the pandemic has now killed more than 4800 italians significantly more than in china russia is stepping up in to help italy right now the defense ministry wi

. r.t. paris. the world's biggest carmaker volkswagen is suspending production worldwide the company which owns brands like skoda audi porsche and got it built more than $10000000.00 vehicles last year more than any other car maker given the present significant deterioration in the sales situation and the heightened uncertainty regarding parts supplies to our plants production is to be suspended in the near future factories operated by group bronze. volkswagen's decision false alarm moves by other mass carmakers toyota b.m.w. and fia along with others have shutter their plants during the global health crisis in the e.u. alone the sector is responsible for 14000000 jobs jeffrey tucker editorial director at american institute for economic research so the global economy sees increasing pressure day after day. this is a kind of decision that the private sector has to make amends to some extent also the responding to demands to is for social distancing and and there's a lot of public pressure public sector pressure on private companies just to shut down which is in many ways tragic and i

better equipment protect themselves from the pirates and volkswagen becomes the latest car giant to halt production amid new color coded 900 help crisis puts ever more jobs at risk and also to come this hour u.s. senators are accused of insider trading after they sold off just before the recent crash. well good evening it's just gone 5 pm here in moscow international now of course the start of the latest on the corona virus which has now claimed more than 11000 blythe's worldwide with a number of confirmed cases exceeding 290000. well listen he suffered its highest number of coronavirus deaths in a single day on friday with 627 people losing their lives in all the pandemic has now killed over 4000 italians in one of the worst hit provinces the large scale loss of life has put a strain on funeral homes there and some crummy toria and i warning they may not be able to take more people for 12 lack of suspects. and obviously this situation creates an abnormal amount bringing us to an emergency phase making us very likely to hold for a few days in order to be able to recover some space.

world's biggest carmaker volkswagen is suspending production worldwide the company which owns brands like skoda audi porsche and gotti built more than $10000000.00 vehicles last year more than any other car maker now volkswagens decision fall similar moves by other mass car makers toyota b.m.w. and more have all shuttered their plants during the global health crisis in the e.u. alone the sector is responsible for around $14000000.00 jobs the pandemic is causing huge problems for the u.s. job market too with the country's unemployment claims seeing one of the largest spikes on record the u.s. labor department had reported several 100000 claims filed forecasts are dire with some predicting it will be millions of jobless americans by next week. thank you. well it's got all of this now with jeffrey tucker editorial director at american institute for economic research now is v.w. right to suspend production. they have to make this decision for themselves one of the problems as the global demand for their cars is. it is going to collapse and so you know this is this is a kind of decision o

oil. well here in europe the production lines for volkswagen may have come to a screeching halt because of the pandemic but in china the company it is bare at the company is ramping up production again but for now the world's biggest carmaker is getting by without government help here in germany the company's management is having its patience tested. folks fog an is losing 2000000000 euros a week costs have already been radically cut back and in germany alone 80000 workers have been forced on to short time or leave the company's outlook gets worse with every day its factories remain shuttered and there's no sign of things improving the spanish the spanish plants are at a standstill as are our italian factories just like all volkswagen plants in europe . the situation is particularly bad in spain because the growing number of new cases remains very high. with the economic harm only increasing folks morgan is lobbying for a swift end to the national lockdown in germany meanwhile the situation remains critical this week feed over you said it's extending its german plant closures un

virus. also this hour volkswagen becomes the latest car giant to halt production amid the coping $1000.00 outbreaks of the health crisis but ever more jobs at risk. and a number of u.s. senators are accused of insider trading after they sold off their stocks just before the recent market crash. you're watching r t international coming to you live from the russian capital where it's just turned 1 am welcome to the program. we start with the latest on the current a virus which has now claimed almost 13000 lives a worldwide the number of confirmed cases is edging towards 300000. italy has seen nearly 800 fatalities in the past 24 hours alone the pandemic has now killed more than 4800 tonnes significantly more than died in china and russia stepping in to help the defense ministry it will be sending a planeload of disinfection equipment along with a teams of viral just to italy starting on sunday r.g.c. goes on i'm joined me earlier in the studio with the details. there is no other place in the world where it is as bad as it is in italy right now so amid this crisis russia is indeed g

quit unless they are provided with equipment to protect themselves from the virus. volkswagen becomes the latest car giant to halt production due to the 1000 outbreak as the pandemic puts ever more jobs. and u.s. senators are accused of insider trading after they sold off their stocks just before the recent crash. in moscow this is our international thomas certainly glad to have you with us we start with breaking news this hour italy is shutting down all production of non-essential goods due to the 19 pandemic prime minister just said because made that announcement in the past hour the disease has now claimed almost 13000 lives worldwide the number of confirmed cases is edging towards 300000. italy has seen nearly 800 fatalities in the past 24 hours alone the pandemic has now killed more than 404800 talian significantly more than in china russia is stepping up in italy to help the defense ministry will be sending a planeload of disinfection equipment along with 8 teams of viral exists to the country starting on sunday see what is dawn of earlier joining my colleague jacqueline

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equipment to protect themselves from the virus and volkswagen becomes the latest car giant to help production amid the coburg $900.00 break because the health crisis points at the more jobs are at risk to come this hour u.s. census accused of insider trading they sold off their stocks just before the recent . good afternoon just gone 4 o'clock here in moscow you without international stop the latest on the corona virus which is now claimed more than 11000 lives worldwide with the number of confirmed cases exceeding 280000. well italy suffered its highest number of coronavirus deaths in a single day on friday with 627 people losing their lives in all the pandemic has now killed over 4000 italians in one of the worst hit provinces the large scale loss of life has put a strain on funeral homes and some crummy turia have warned that they may not be able to take any more papal lack of suspects. and obviously this situation creates an abnormal amount bringing us to an emergency phase making us very likely to hold for a few days in order to be able to recover some space. also forced to us

damage? i bought it! the waterfall? nope! a new volkswagen. a volkswagen?! i think we're having a breakthrough here! welcome to caesar's palace. thank you. ♪wild thing, you make my heart sing.♪ ♪you make everything... groovy...♪ done yet? yeah, yeah, sorry, sorry. you sure? hmm.mmm. ♪come on, come on, wild thing. if you ride, you get it. geico motorcycle. fifteen minutes could save you fifteen percent or more. ( cheers and applause ) >> trevor: welcome back to the "the daily show." my guest tonight is a wnba champion and six-time all-star who plays for the los angeles sparks. as president's the players union she played a leading role in negotiating higher pay and expanded benefits for all the women in the league. please welcome nneka ogwumike! ( cheers and applause ) ♪ >> thank you! >> trevor: welcome to the show! >> thank you! >> trevor: this is so fun, especially having a woman president on the show. this is nice. i hope this is a product of the future. welcome! ( laughter ) ( cheers and applause ) >> thank you! >> trevor: i don't even know where to start in your wor

better treatment to protect themselves from the fire us. volkswagen become the latest car giant to halt production amid the cove in 1000 outbreaks of the health crisis but ever more jobs at risk. and some u.s. senators are accused of insider trading after they sold off their stocks just before the recent crash. a very warm welcome to the program on this saturday evening at 8 pm here in the russian capital let's get started with your live news update. first we have the latest numbers on the corona virus which has now claimed nearly 12000 lives worldwide the number of confirmed cases now exceeds 290000. italy suffered its highest number of corona virus deaths in a single day on friday with 627 people losing their lives and all the pandemic has now killed over 4000 talents in ph and one of the worst hit provinces the large scale loss of life has put a strain on humoral homes and some criminal route have warned it may not be able to take more people into lack of space. and oversee this situation creates an abnormal amount bringing us to an emergency phase making us very likely to hold for a

want it! hey, buddy. what's the damage? i bought it! the waterfall? nope! a new volkswagen. a volkswagen?! i think we're having a breakthrough here. welcome to caesar's palace. thank you. [s♪x: ding] ♪ i don't know about you ♪ ♪ but i got to get it out ♪ i don't know how soon ♪ [sfx: chime] how much? cinco pesos vale. oh ok, thanks. [sfx: ding] ♪ but if we die, ♪ i want to bring the whole thing too ♪ ♪ ooooooh ♪ just another world that i gotta ♪ ♪ get a grip of and hold onto ♪ [sfx: chime] thanks. ♪ ooooooh [sfx: chime] [sfx: ding] [sfx: chime] [sfx: ding] no. uh uh, no way. ♪ come on. no. no. n... ni ni, no no! only discover has no annual fee on any card. ( cheers and applause ) >> trevor: that's our show for tonight. don't forget, the more, "the daily show" is going live for super tuesday. so make sure to tune in. that's tomorrow, not thursday. now here it is... your moment of zen. >> i have won every place, every race, every time. i won every race back to elementary school, where my slogan, which i've abandoned, was all the way with amy k. al

: abc's "jimmy kimmel live" brought to you by the all new volkswagen atlas cross sport. i'm going to get back. people ask me what sort of person should become a celebrity accountant. and, i tell them, "nobody. nobody should." there's nothing wrong with liking privacy, but i just don't think you need a separate private plane. but i, but i want it! you can't claim that as a dependent! because it's inanimate! that's what the pay me for. not enough, though. not nearly enough. hey, buddy. what's the damage? i bought it! the waterfall? nope! a new volkswagen. a volkswagen?! wow! i think we're having a breakthrough here! welcome to caesar's palace. wait, you're in vegas? sure looks like it! wha-, what, what? what are you doing back there? yeah. order up, it's switching time. there, that's better. switch to up to 12 hours of battery life. switch to chromebook. ♪ switch to chromebook. [ natural drums and [ music begins to build ]] [ drums beat faster ] unlimited coffee for $8.99 a month. panera, your cup is always full. free, free, free. ♪ that's right, turbotax free is free. free, free free