News Headlines - 14 March 2020

▽Abe: Japan not in situation to declare emergency | NHK WORLD

Prime Minister Shinzo Abe says Japan is not in a situation where he needs to declare a state of emergency based on a law that came into effect on Saturday to tackle the spread of the new coronavirus.

▽U.K. Says Virus Needs to Infect 60% of Britons to Save Lives - Bloomberg

Patrick Vallance, the chief scientific adviser, said in broadcast interviews Friday that the infection rate could hit 60% of the British population, after Prime Minister Boris Johnson warned that “many more” families will lose loved ones. The approach is aimed at making sure the right interventions are made at the right time to deal with an outbreak that’s going to last months, officials said... Vallance defended the U.K.’s approach, saying officials are trying to reduce and broaden the peak of the outbreak, “not to suppress it completely.” A 60% infection rate would help build up a degree of “herd immunity,” he said.
Asked why the U.K. was still going ahead with large events, such as Saturday’s Six Nations Championship rugby match, Vallance said it’s about impact, not headlines.

▽Trump says UK and Ireland now included in European travel restrictions - CNNPolitics

The Trump administration on Saturday expanded travel restrictions from Europe to include the United Kingdom and Ireland as it works to slow the spread of coronavirus... The ban on foreign nationals entering the US from Britain or Ireland will begin at midnight on Monday, Vice President Mike Pence said. He added the decision had been made with the unanimous support of the President's health team.

▽President Trump Tests Negative For Coronavirus : NPR

President Trump has tested negative for the coronavirus, according to a statement Saturday from the White House... President Trump, 73, had previously been in contact with at least one official who tested positive for coronavirus following a dinner party at his Mar-a-Lago resort in Florida last weekend.
That official, Fábio Wajngarten, is the press secretary for Brazilian President Jair Bolsonaro and was photographed at the event alongside Trump and Vice President Mike Pence. Brazil's government announced on Thursday that Wajngarten had tested positive for the virus.

▽Deutsche Bank opts not to redeem $1.25 billion of debt next month - Reuters

Deutsche Bank has said it will not exercise an option to redeem $1.25 billion of bonds next month, a rare move in the industry that could pave the way for other lenders to follow suit.
With the appetite for risky debt severely hit by recent market volatility, Germany’s biggest bank said on Wednesday it would hold on to $1.25 billion of so-called Additional Tier 1 (AT1) bonds rather than repay them at the first opportunity.