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 and saudi 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 color means 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 government 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 close kindergartens for example which would have been a good way to prevent an outbreak that's probably coming through children spreading the disease among others people of course as well or checking people entering germany through airports with a fever i disagree in the terms of that say the fed having to lower interest rates to support the markets the markets were up at record highs before this broke out because of low interest rates and part of t

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 close kindergartens

volkswagen is about to shatter most of its european plants as a coronavirus pandemic disrupts supply chains and demands protection of the company's workers the carmaker also expects demand to plummet customers in many countries are staying home and out of dealerships production will be halted this week at volkswagen plants in spain portugal and slovakia as well as lemberg any and to cut the plants in italy that's will be followed by production stops in germany and other european plants management expects production to be halted for $2.00 to $3.00 weeks and let's check in with our markets correspondent you shall see the lady is at the frankfurt stock exchange for us hi sheltie so the news there that we heard volkswagen essentially shutting down did this come as a surprise to investors. no not a surprise a lot of european car makers pretty much every major european car maker has already had to take steps like this we've seen it here at chrysler which has a lot of production facilities in italy were no show in france all of them have been basically bringing european production to a stan

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, meanwhile. but mostly, we have to adopt to local activities. that say restrictions, cover which governments are implementing. so far, we had very few cases. luckily, recently in mexico, and we tried to contain them. logisticst problem is currently, because we have a lot of sourcing in italy, and there logistics becomes more complicated. so far we are fine. we could manage supplies from china very well. we didn't lose one person for. but it stretched. it stretched. it needs a lot of attention. china, likely, his recovery -- luckily, is recovering. it's our biggest market. i'm confident china can overcome the crisis s

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 to a standstill amid the coronavirus crisis but many of the biggest names have used free time to help in the battle against the pandemic. serbian tennis superstar novak djokovic is the latest to step up with a 7-figure donation. reporter: novak djokovic is a man more used to picking

what are we learning from volkswagen? in the last week, we've gotten a couple reports around earnings now. are we getting anything on the outlook? be veryutlook seems to much in jeopardy. the annual report that had just been published, the outlook is reiterated in there, but the press release that came out at the same time did not mention anything regarding specific targets, but it only made it very clear that at the moment, it is extremely difficult if not impossible to plan ahead for the full year because of the coronavirus outbreak. the: unknown seems to be word many corporate's are using. interesting day talk of unknown financial challenges. supply chain, demand could fit into that category but what do you think they are talking about? what is so unknown? >> we did get an update this morning, which led us to believe there are intense negotiations going on between management and the representatives, labor unions because there seems to be plans in place to widen the factory shutdowns across europe. few daysover the last

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 third one. do you mind updating us how you're feeling?

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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

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 you first because secretary mnuchin was

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a new volkswagen. a volkswagen?! i think we're having a breakthrough here! welcome to caesar's palace. thank you. >> you know, we do know what the faster discovery of more cases than they can really rapidly discover, in some cases in minutes. you've heard a lot about the demo nine are growing larger and that worries folks because when they hear that there are tens of thousands or hundreds of thousands or millions potential more cases that could crop up nationwide, oh, my god, it's the end. the fact of the matter is, obviously that would change the equation a little bit and there would be fewer people as a percentage that are really getting hurt by this let alone killed by this. but you can't survive this. my next guest is a very good example of that and his name is john from endo and he's a new jersey virus survivor. he joins us out of oakland. good to have you, how are you feeling now. >> i'm feeling much better. i'm feeling much better than it was a week ago, i will tell you that. >> can you tell me a little bit about how you got it and how you came out of

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

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a new volkswagen. a volkswagen?! i think we're having a breakthrough here! welcome to caesar's palace. thank you. it's only human to find inspiration in nature. and also find answers. our search to transform... ...farm waste into renewable natural gas led chevron to partner with california bioenergy. working to provide an alternative source of power... ...for a cleaner way forward. >> chris: the coronavirus pandemic is not just a threat to the nation's health, but also our economy. joining us now to discuss that is treasury secretary steven mnuchin, welcome back to "fox news sunday." >> thin thank you, great to be h you. >> chris: a growing number of financial experts say the u.s. and the world are headed into a recession this year and they talk about and expanding hit both on the demand side and the supply side. are they right? >> what i would say is i wouldn't focus on the technical issue of whether we are going to be in a recession or not. i would focus on what do we need to do right now? it is clear we need to get economic relief to the economy and where

welcome back to the world's biggest 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 incr

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 recession start fresh and it

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, a cut in payroll taxes,s, and furtherer lnsns and guarantees for small businesses. the plans come as governments around the world scramble to send direct aid to citizens affected by the pandemic. this plan would still

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 will be sending a planeload of disinfection equipment along with 8 teams of viral logis

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 think there's going to be a lot of things to discuss after all this is over about who called for these shutdowns and why and to the extent to which there was actually in a kind of a rational calculation between the health risk and the obvious catastrophic economic costs of what's taken place in the world economy right now the pressure is growing by the day by the hour by the minute tour for the politicians to line up their deci

threaten to quit unless they are provided with better 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

volkswagens decision follows similar moves by other carmakers toyota b.m.w. red no fear at and others have all shot plants during the global health crisis in the e.u. alone the sectors responsible for around $14000000.00 jobs rundown is causing huge problems for the u.s. job market with the country's unemployment rate seeing one of the largest spikes on record the u.s. labor department's report is several 100000 claims filed if you took at it or direct at the american institute for economic research agrees that the global economy is under severe strain because there were infinite i don't even think economists have the start recessions start fresh and it's it's it's imaginable levels of of shock and the data are going to it's like that. and give you a clear prediction what the unemployment numbers are going to look like that we're going to be seen soon but i almost certain that millions have already lost their jobs and this just cannot go on much longer without dismantling everything we call civilized life it just it just cannot go so the pressure is growing b

also this hour volkswagen becomes the latest car giant to halt production amid the covert 19 outbreak of the health crisis with 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 crash. you're watching r t international bring you a live new claimed more than 12000 lives worldwide the number of confirmed cases is edging towards 300000 italy has seen nearly 800 fatalities in the past 24 hours alone in total the pandemic has now killed more than $4800.00 tonnes significantly more than in china and russia is stepping in to help the defense ministry will be something a plane load of disinfection equipment along with 8 teams of biologists to italy are just on i've 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 going to help out so what is it doing firstly moscow will be sending personal protection to italians such things as mosques for example also russia is promising to ship mobi

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 russia is indeed going to help out so what is it doing firstly moscow will b

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 world because of how m

the 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

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 few days in order to be able to recover some space. forc

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 ruga earlier in the studio with details. there is no other place in the world where it is as

to quit unless they are 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

threaten to quit unless they are provided with 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

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 until the 9th

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. all right, we're not going to use that one. my campaign s

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