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Democratic Republic of Congo Deals With Second Largest Ebola Outbreak Ever; Wall Street Continues to Be A Bull Market; Where Daylight Saving Time Came From and Why
Aired March 11, 2019 - 04:00:00 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CARL AZUZ, CNN 10 ANCHOR: Today`s edition of CNN 10 explains why our American viewers are a little more tired than usual this Monday and how
they have a little more evening daylight to look forward to. I`m Carl Azuz. First the Democratic Republic of Congo, a large country in Central
Africa is struggling with the second largest outbreak of the Ebola virus ever. There`ve been more than 900 cases in the DRC since last August.
Ebola is highly contagious for people who`ve had contact with the bodily fluids like blood of others who`ve had it. It causes fever, severe
headaches, sometimes severe bleeding. And despite the fact that an experimental vaccine is now available as well as new medications for Ebola
patients 574 people, more than half of those who`ve contracted Ebola in this latest outbreak have died.
Ongoing conflict in the Democratic Republic of Congo only creates another problem for health workers who are trying to stop the spread of the
disease. There are dozens of militias in the northeastern DRC where this Ebola outbreak is. Militants attacked a treatment center on Saturday
killing a police officer and wounding a medical worker and two attacks on Ebola clinics last month forced the aid group Doctors Without Borders to
put some of its efforts on hold. Experts say some Congolese don`t understand Ebola and don`t get treatment for it until it`s too late.
The New York Times reports that there`s sometimes distrust of medical workers and that Congolese don`t want people from other countries
interfering with local funeral traditions. All of these challenges together makes it more difficult for health officials to contain the
disease and help those who`ve caught it. Still, the outbreak that`s killed hundreds in Africa`s second largest country is a lot smaller than the one
that struck west Africa in 2014. The World Health Organization says that outbreak killed more than 11,000 people.
Our next story begins with a quote concerning the U.S. Stock Market, the bull market is showing signs of old age but it`s not dead yet. That was a
CNN business headline from August 19th of last year and the bull market it was talking about lives on. Bulls and bears are used to symbolize
conditions on Wall Street. A bull market is when prices are rising and its one sign that the U.S. economy`s doing well. How long will it last? Well
there`s a saying that bull markets and economic expansions don`t die of old age.
They don`t just stop because they`ve been going on a long time. But if major stock indexes like the Dow Jones Industrial Average and the S&P 500
drop 20 percent or more from their recent highs, we`ll be in what`s called a bear market. The question of whether that will happen any time soon is
something no one knows the answer to.
(BEGIN VIDEO CLIP)
UNIDENTIFIED FEMALE: It is the 10th birthday of the current Stock Market bull run, the longest in history. A bull rally born on a day when no one
was celebrating. March 9th, 2009 when the Standard and Poor`s 500 tanked to 676.
UNIDENTIFIED FEMALE: Wolf (ph) more devastating news for investors. The Dow and the S&P are now down at new 12 year lows.
UNIDENTIFIED FEMALE: From recession to recovery, this is what it looks like. The S&P 500 has more than quadrupled. History made all along the
way, stimulus, tax cuts, an auto bailout, a new healthcare law, debt ceiling showdowns and a credit downgrade of U.S. debt, a budget sequester
and then Democratic control giving way to a GOP hold on Congress and ultimately the White House.. More recently this, the Trump rally, a 40
percent rise from election day to recent highs. Riding a wave of job creation. Tax cuts and slashed regulations and once again, control of the
House shifts back to Democrats. The big question, the only question is will the bull live to see 11 years old?
The S&P 500 lost 6.2 percent in 2018, the worst showing since the great recession. And 2019 is a year with three big challenges, uncertainty about
the global economy, particularly in Europe and China. Trade tensions between the U.S. and China have yet go be resolved and investors are
worried about interest rates. But the Federal Reserve has pivoted from scheduled rate hikes to a more market friendly approach of patience which
could keep the life of the bull for a little bit longer.
(END VIDEO CLIP)
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AZUZ: 10 Second Trivia. During what war did the U.S. officially begin to observe Daylight Saving Time? American Revolution, War of 1812, U.S. Civil
War, or World War I. It was in 1918 during the first World War that the U.S. followed Germany and then Britain in observing Daylight Saving Time.
There`s a bit of controversy surrounding who first proposed Daylight Saving Time. Some credit U.S. founding father Ben Franklin when he wrote about a
schedule switch in an essay. A New Zealand entomologist named George Hudson purposed a time shift in 1895. And William Willet, the great, great
grandfather of Coldplay`s lead singer also gets credit as you`re about to hear for Daylight Saving Time. But regardless of who`s to thank or to
blame for it, it`s been observed by several countries since the first World War and getting rid of it, at least in the U.S. would take an act of
(BEGIN VIDEO CLIP)
JIM BOLDEN, CNN CORRESPONDENT: This was a war where every hour counted, on the battlefield and on the home front. By 1916, an old idea had
resurfaced. One that was born in Britain near the home of time, the Royal Observatory at Greenwich.
UNIDENTIFIED FEMALE: With the publication of a pamphlet called "The Wasted Daylight" and this was composed by a very entrepreneurial builder called
William Willett. He lived in Chislehurst which is about 15 kilometers south of Greenwich and Willet was a keen horse rider and he used to go for
early morning rides in the local woods. And it was on one of his rides that he noticed that all the blinds in the local houses were all down,
everyone seemed to be in bed. And as a very industrious and productive man, he was appalled at this waste of time.
UNIDENTIFIED MALE: Everyone appreciates the long light evenings. Everyone laments their shrinkage as the days grow shorter and nearly everyone has
given utterance to a regret that the clear bright light of early mornings during spring and summer months is so seldom seen or used. Now, if some of
the hours of wasted sunlight could be withdrawn from the beginning and added to the end of the day, how many advantages would be gained by all?
BOLDEN: Willet died before he saw his idea put into action to save coal for the war effort but it was adopted at first by the Germans not the
British. Post cards warn the population about the shift and why they owed it to their country not to forget. The British followed a few weeks later
and didn`t miss a chance for a dig at the Germans. America came on board in 1918. As DST spread around the world, countries adopted it, dumped it
or never tried it.
Still, the daylight debate rages every year. The arguments exist whether it helps or harms our health and the economy. While the war time wisdom of
saving energy may no longer apply, for many of us the long summer evenings still endure. The legacy of a war where so much was lost to give us these
freedoms. Jim Bolden, CNN, London.
(END VIDEO CLIP)
AZUZ: Package delivery by drone. It could happen sooner than you think but probably not in the way you think. This is what`s currently being
tested by a few American companies. Some of them even use self driving technology. They can carry heavier packages then flying drones and they
won`t get in trouble with the Federal Aviation Administration. Will they drop off your order sooner and save delivery companies the expense of that
costly last mile? We don`t know yet if they`ll be able to deliver.
They may be packed with features but to become "partin` parcel" of delivery, they`ll need the "packing" of major companies before they`re
"bundled" with a bundle and "cartooned"" off to make a "drop off" without "dropping off" the tracking device that orders them around. A single
accident could lead to a "bad unboxing" and that`s a "can of worms" no company wants to open. I`m Carl Azuz. "Shipping" out another edition of