The world is preparing for the coronavirus pandemic; global recession forecast

GENEVA / BEIJING (Reuters) – He hopes that coronavirus will be contained in China by fading away on Friday, as infections spread rapidly around the world, countries have started to accumulate medical equipment and investors have taken off in anticipation of a global recession. .

People wearing masks line up to buy masks in a pharmacy in Tokyo, Japan on February 28, 2020. REUTERS / Issei Kato

Share prices were on track for the worst week after the global financial crisis in 2008, as virus-related outages to international travel and supply chains fueled fears of recession in the U.S. and eurozone.

The US stock market fell into correction territory with the reference S&P 500 down more than 4% on Thursday, extending a market route which has now cut the closing peak on February 19 by more than 10%. Asian headlines on Friday followed Wall Dive the Road.

“The coronavirus now looks like a pandemic. Markets can cope even if there is a big risk as long as we can see the end of the tunnel, “said Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities.

“But at the moment, nobody can say how long it will last and how serious it will be.”

Mainland China, where the virus was born late last year, reported 327 new cases on Friday, the lowest since January 23.

But with new infections reported worldwide that are now surpassing those in China, the director general of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, said nations should prepare.

“This virus has pandemic potential,” said Tedros. “This is not the time for fear. This is the time to take action to prevent infection and save lives now. ”

A Reuters count showed that around 10 countries reported their first virus cases in the past 24 hours, including Nigeria, Africa’s most populous country and the first case in sub-Saharan Africa.

US investment bank BofA has reduced its global growth forecast to the lowest level since the peak of the financial crisis, and rating agency Moody said that a coronavirus pandemic would cause global and U.S. recessions in the first half of the year .

MEDICAL STOCKPILING

In addition to stockpiling medicines, governments have ordered schools to close and large gatherings, including sporting events, to try to stop the spread of the flu-like disease known as COVID-19.

The administration of U.S. President Donald Trump was considering invoking special powers to rapidly expand U.S. production of protective equipment, two officials told Reuters.

In Europe, the number of reported cases in France has doubled, Germany has warned of an impending epidemic and Greece, a gateway for refugees from the Middle East, has announced more stringent border controls.

“We have a crisis ahead of us. An epidemic is coming, “said French President Emmanuel Macron.

The death toll in Italy, the most affected country in Europe, rose to 17 on Thursday and the number of people who proved positive for the disease increased by over 200 to 650. Germany has around 27 cases, France around 18 and Spain 15.

Tedros told reporters in Geneva that Iran, Italy and South Korea have reached a “decisive point” in their efforts to prevent a broader outbreak.

UNKNOWN

South Korea, which has the largest number of cases outside China, reported 256 new infections on Friday, bringing the total number of infections in the country to 2,022.

Korean Air Lines Co Ltd (003490.KS) said it will control the temperature of passengers traveling to the United States and would not allow anyone above 37.5 degrees Celsius (99.5 degrees Fahrenheit) to fly. One of his flight attendants who worked on Seoul-Los Angeles flights tested positive.

The country’s main airline said it had plans to extend these procedures to other routes.

There is particular concern about a case in Japan where a woman tested positive for the virus for the second time. Second positive tests have also been reported in China and could imply that the contraction of the disease does not confer immunity.

Scientists have warned that much remains unknown about the virus, including surface survival time.

Hong Kong quarantined a pet dog of a coronavirus patient after showing “weak positive” results for the virus, even if it showed no symptoms. Further tests would be conducted to confirm whether the dog had been infected.

The director of the US Centers for Disease Control and Prevention (CDC), Robert Redfield, said the agency is evaluating how long the coronavirus could be contagious on surfaces.

“It’s quite typical on copper and steel, it lasts about 2 hours,” Redfield said at a hearing in the House of Representatives. “But I’ll say on other surfaces – cardboard or plastic – it’s longer, and so we’re looking at this.”

He said surface infections instead of through the air could have contributed to the outbreak of the Diamond Princess cruise ship in Japan, where around 700 passengers and crew members took the disease.

FUTURE OF TOKYO OLYMPICS

Japan will host the 2020 Olympics in July, but the WHO emergency program leader, dr. Mike Ryan said that discussions will be held with the organizers on whether to proceed.

Coronavirus has devastated aviation and tourism worldwide, as airlines cancel flights, countries ban visitors from accessing hot spots, and nervous passengers postpone travel.

California Inc, based in California (FB.O) said it would cancel its annual developer and Microsoft Corp conference (MSFT.O) followed suit by withdrawing from a game conference scheduled for next month.

WHO’s Ryan said Iran’s outbreak could be worse than expected. It suffered the highest death toll outside China, with 26 deaths from 245 reported cases.

US intelligence agencies are monitoring the spread of coronavirus, including in Iran and India, according to reports from known sources.

So far, the virus has mainly affected China, causing nearly 80,000 infections and nearly 2,800 deaths, according to official Chinese data. It has spread to 46 other countries, where about 3,700 cases and 57 deaths have been reported, according to WHO.

There is no cure for coronavirus, which can lead to pneumonia and the development of a vaccine can take up to 18 months.

Global interactive graphic spread of the coronavirus: here

Reporting by Stephanie Nebehay in Geneva and Ryan Woo in Beijing, Sudip Kar-Gupta and Michel Rose in Paris, Crispian Balmer and Gavin Jones in Rome, Lisa Lambert and Mark Hosenball in Washington, Matthias Inverardi in Duesseldorf, Marius Zaharia in Hong Kong, Amal S, Ayanti Bera and Rama Venkat in Bangalore, Katie Paul, Stephen Nellis and Paresh Dave in San Francisco; Written by Stephen Coates; Editing by Michael Perry

Our standards:Thomson Reuters’ principles of trust.

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Trump news live: the latest update as president faces criticism of the coronavirus response

CPAC kicks off in Maryland

The Conservative Political Action Conference kicked off at the Gaylord National Resort & Convention Center in Fort Washington, Maryland today where the guest speaker line-up this weekend presents anyone who is terrible in the Magaverse.

Trump, Pence, Alex Azar, Jared Kushner, Ivanka, Don Jr, Kellyanne Conway, Elaine Chao, Betsy DeVos, Mike Pompeo, Mick Mulvaney, Chad Wolf, Larry Kudlow, Richard Grenell, Ken Cuccinelli, Nikki Haley, Diamond and Silk, Ronna McDaniel, Charlie Kirk, Tom Fitton, Ted Cruz, Matt Gaetz, Doug Collins, Jim Jordan, Liz Cheney, Dan Crenshaw, Devin Nunes, Mark Meadows, Dan Bongino, someone called “Buck Sexton”, this guy, Nigel Farage too … Honestly, you call him – I’m there.

Some of the scheduled talks include:

– Socialism: Wrecker of Nations and Destroyer of Societies
– The coup: Rosenstein and Comey – The Empire strikes again
– Prescription for bankruptcy: The Ills of Socialized Medicine
– What’s under the surface: the global struggle for resources and the 21st century socialist axis
– Grace canceled: how indignation is destroying lives, ending the debate and endangering democracy
– The plot against the president: the real story of how Congressman Devin Nunes discovered the biggest political scandal in U.S. history
– Ask the experts: fight the culture of cancellation on campus
– Everything you wanted to know about Russiagate but you were afraid to ask

– Israel: what should the map be like?
– Nigel Farage (The Godfather of Brexit), Brexit Party

– Culture Jihad: how to prevent the left from killing a nation

Perhaps the real strong point, however, is the performance of a comedy entitled FBI Lovebirds: UnderCovers on Peter Strzok and Lisa Page, which is written by Phelim McAleer and will contain Dean Cain of The new adventures of Superman and Kristy Swanson, the original Buffy the Vampire Slayer!

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Colorado abolishes the death penalty

This is another victory for opponents of the death penalty. Colorado will become the 22e US state to officially abolish this final sentence: local deputies adopted on Wednesday by 38 votes to 27 a law that removes this provision from July 1, 2020. From this date, the most severe criminal sanction in Colorado will become prison in perpetuity without possibility of remission of sentence.

The text was passed on to the governor of the western US state, Democrat Jared Polis, who has already expressed his intention to ratify it and commute the sentence of three death row inmates currently awaiting execution. The abolition of this highly contested measure, notably by the Republican opposition, has been the subject of intense debate.

Presumably short of arguments, a Republican official, Steve Humphrey, had read the Bible for almost 45 minutes. “I was impressed and moved by the testimonies and the debates that we heard”, said the leader of the Democratic majority, Alec Garnett. “I have hope in a society where resources are spent on rehabilitation, not on appeal; in the treatment of addictions, not in lethal injections “, he continued.

A long fight

Colorado’s elected officials have repeatedly tried to abolish the death penalty since its recovery in 1979, but have so far been unsuccessful. The only death row inmate to have been executed in that state since that date was Gary Davis, convicted of rape and murder, who died in 1997.

The powerful American human rights organization ACLU welcomed this decision, described as “Phenomenal victory for justice”. “The death penalty has no place in America. Nearly 50 years of death penalty statistics have shown that there is no way to execute people without race bias, without being arbitrary, costly and inhuman. “responded Cassandra Stubbs, head of the ACLU campaign against the death penalty.

“In addition, 167 innocent people have been officially laundered while awaiting execution since 1973. There is no excuse for a government that respects justice, equity and human dignity to continue executing its people “, she concludes.

Last year, 22 executions were recorded in the United States, concentrated in seven states, almost all located in the conservative and religious south of the country, notably in Texas, where there were nine executions.

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Governments speed up preparations for coronavirus pandemic

SYDNEY / SEOUL (Reuters) – Governments stepped up measures Thursday to combat a looming global coronavirus pandemic as the number of new infections outside of China exceeded new cases for the first time in the country where the epidemic.

Employees of a disinfection service company disinfect a business district in Seoul, South Korea on February 27, 2020. REUTERS / Kim Hong-Ji

Australia has initiated emergency measures and Taiwan has raised the level of response to epidemics to a maximum, one day after U.S. President Donald Trump entrusted his vice president, Mike Pence, responsible for the U.S. response to the looming global health crisis.

The United States and South Korea have postponed joint military exercises to limit the spread of the virus, which emerged far beyond China, where it was born late last year, apparently in a market selling wild animals in the city of Wuhan. .

Australian Prime Minister Scott Morrison said that his country, which has 23 virus cases, was operating on the basis of a pandemic and that hospitals had been ordered to guarantee sufficient medical supplies, personal and personal protective equipment.

“There are all indications that the world will soon enter a pandemic coronavirus phase,” Morrison said at a press conference in Canberra.

“As a result, we agreed today and started the … coronavirus emergency response plan.”

French President Emmanuel Macron called the epidemic a “crisis, an epidemic that is coming”.

Stocks sank increasingly red, oil prices fell, and US Treasury bonds rallied in record territory as further signs of the global spread of the virus increased fears of a pandemic.

Global markets have collapsed for six consecutive days, wiping out over $ 3.6 billion in value.

The coronavirus has infected over 80,000 people and killed nearly 2,800, the majority in China. Much remains unknown about the virus, but it is clear that the consequences of the world’s second largest economy en bloc for a month or more are vast.

The rapid spread of the virus in various places – in particular Italy, Iran and South Korea – in recent days has met the definition of a pandemic and has raised alarm.

The World Health Organization did not use the word pandemic to describe this outbreak.

There is no cure for the virus which can lead to pneumonia and the development of a vaccine can take up to 18 months.

In Japan, a woman tested positive for the virus for the second time, the first known person in the country to do so, raising new concerns about it.

Japan has more than 190 cases and is facing questions about the Olympic Games, which are expected to start in Tokyo on July 24th. The government will ask schools to close from March 2 until the end of the month, said Prime Minister Shinzo Abe.

(Live blog: online site for coronavirus news – here)

FIRST CASES

There were 3,246 cases outside of China, including 51 deaths, according to a Reuters count.

A number of countries have reported their first cases in the past two days, including the last one being Denmark, in a man who has returned from a skiing holiday in Italy, and Estonia, in a man returning from Iran , according to media reports.

Brazil confirmed Latin America’s first infection on Wednesday.

China reported 433 new cases Thursday, up from 406 the day before.

South Korea reported another 334 cases, bringing its total to 1,595, the highest in any country other than China.

The U.S. Department of State issued a new travel warning to South Korea after the U.S. Army reported its first coronavirus case Wednesday, in a 23-year-old soldier based near the South Korean city of Daegu.

The South Korean army also reported a number of infections and confined most of the troops to the base.

Post-command training, usually conducted by members of the two military combined forces command, will be postponed until further notice, the command said.

The outbreak has wreaked havoc on international aviation with airlines canceling flights as countries ban visitors from hot spots and nervous passengers postpone travel plans.

The news that a Korean Air flight attendant who worked on flights between Seoul and Los Angeles later tested positive is not likely to further spoil the passengers.

(Graphics: Reuters graphics on the new coronavirus – here)

“VERY READY”

The United States handles 59 cases, many of which Americans repatriated from a cruise ship quarantined in Japan, where nearly 700 cases developed. Four people on the ship died in Japan.

Trump said the risk of the virus was “very low” in the United States and was “very very ready” to deal with the threat.

Chinese authorities said the number of new deaths stood at 29 on Thursday, the lowest daily count since January 28. The virus has now killed 2,744 people in China, mostly in central Hubei province.

Italy has reported another 100 cases nationwide, bringing the total in the largest European hot spot to over 400, while its death toll has risen to 12.

Many of the cases appearing in the Middle East have been linked to Iran, which has had 141 cases and 22 deaths, the most outside of China.

Presentation (15 pictures)

Saudi Arabia has suspended entry of foreigners for Umrah pilgrimage and tourism from countries with new coronavirus cases. The kingdom has no cases.

(Global spread of interactive graphical tracking of coronavirus: open here in an external browser)

Reporting Julie Steenhuysen, Jeff Mason and Susan Heavey in Washington, Jonathan Allen in New York, Diane Bartz in Chicago, Gavin Jones, Francesca Piscioneri and Crispian Balmer in Rome, Ryan Woo, Yilei Sun and Lusha Zhang in Beijing, Kate Kelland in London , Hyonhee Shin and Josh Smith in Seoul, Paresi Hafezi and Alexander Cornwell in Dubai and Stephanie Nebehay and Michael Shields in Geneva; Written by Stephen Coates, Robert Birsel; Editing by Michael Perry and Simon Cameron-Moore

Our standards:Thomson Reuters’ principles of trust.

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Coronavirus spreads faster outside of China, fueling global fears

SHANGHAI / SEOUL (Reuters) – The number of new coronavirus infections within China – the source of the epidemic – was first exceeded by new cases elsewhere on Wednesday, with Italy and Iran emerging as epicenters of the rapidly spreading disease.

Asia has reported hundreds of new cases, Brazil confirmed the first infection of Latin America and the new disease – COVID-19 – was also detected for the first time in Pakistan, Sweden, Norway, Greece, Romania and Algeria .

U.S. health authorities, who have handled 59 cases so far – mostly Americans repatriated from a cruise ship to Japan – have said a global pandemic is likely.

United States President Donald Trump, trying to calm the markets and an increasingly concerned public, said in a live broadcast that the United States was “very ready” to face the threat of the virus and that Vice President Mike Pence would be responsible for the national response. It was one of the few times the president appeared in the White House meeting room.

Equity markets worldwide lost $ 3.3 trillion in value over four trading days, measured by the MSCI all-country .MIWD00000PUS index.

Wall Street reversed Wednesday’s previous earnings and oil prices dropped to their lowest level in over a year, partly frightened by health officials who said dozens of people who had been to China were being monitored in the suburbs of the populous city. of New York – although unconfirmed cases have been found.

New York Mayor Bill de Blasio urged the federal government to tighten tests for visitors from a number of countries where the virus spread, adding that its possible detection in the city was “100% safe”.

The virus that can lead to pneumonia is believed to have originated in a market selling wild animals in the central Chinese city of Wuhan late last year. It has infected about 80,000 people and killed over 2,700, the vast majority in China.

While radical quarantine measures have helped slow the transmission rate in China, it is accelerating elsewhere.

Germany, which has around 20 cases, said it was already impossible to trace all infection chains and health minister Jens Spahn called on regional authorities, hospitals and employers to review their pandemic planning.

The World Health Organization (WHO) said China reported 412 new cases on Tuesday, while 37 others reported 459.

However, WHO chief Tedros Adhanom Ghebreyesus advised diplomats in Geneva on Wednesday not to talk about a pandemic – which WHO calls the worldwide spread of a new disease.

“Using the word pandemic carelessly has no tangible benefit, but presents a significant risk in terms of unnecessary and unwarranted amplification of fear and stigma and crippling systems,” he said. “It could also signal that we can no longer contain the virus, which is not true.”

As panic increased, the Mexican authorities prevented a cruise ship from docking in one of its ports for what the airline claimed was a single case of common seasonal influence.

WHO claims that the epidemic in China peaked around February 2, after which measures included the isolation of its epicenter province Hubei. He said that only 10 new cases were reported on Tuesday in China outside Hubei.

There is no known vaccine for the virus. US pharmaceutical company Gilead Sciences Inc (GILD.O) said Wednesday that he had initiated two advanced studies to test his experimental antiviral remdesivir in humans.

A woman wearing a mask is seen on a street in central Shanghai, China, while the country is hit by a new coronavirus outbreak on February 26, 2020. REUTERS / Aly Song

FIRST LATIN AMERICAN CASE

As the cases rippled outward, the effects on large meetings increased. In Japan, Prime Minister Shinzo Abe requested that sporting and cultural events be demolished or reduced for two weeks due to concerns raised over the 2020 Tokyo Olympics, while sources told Reuters that the IMF was considering whether make the April meeting in Washington virtual.

The first case of Latin America was confirmed in a 61-year-old man in São Paulo, Brazil, who had recently visited Italy, a new line facing the global outbreak.

The diagnosis coincided with the carnival party, a peak moment for domestic travel. The Brazilian equity index has lost over 7%.

In addition to Brazil, Italians or people who have recently visited Italy have tested positive in Algeria, Austria, Croatia, Greece, Romania, Spain, Sweden and Switzerland. Italy itself has reported more than 400 cases, focused on the industrial heart of Lombardy and Veneto.

A hotel in Tenerife, in the Spanish Canary Islands, has been locked up for cases related to Italy.

“It’s very scary because everyone is out in the pool spreading the virus,” said 45-year-old hotel guest Lara Pennington.

In France a second person died: a teacher who had not visited any country with a known outbreak.

There have been nearly 50 deaths outside of China, including 12 in Italy and 19 in Iran, according to a Reuters count.

Presentation (21 pictures)

While Iran reported only 139 cases, epidemiologists say that the mortality rate of around 2% seen elsewhere suggests that the real number of cases must be many times higher.

Cases related to Iran have been reported across the Middle East. Iraq imposed travel bans on affected countries and banned public meetings.

(Interactive global spread of graphical tracing of coronavirus here)

Reporting Julie Steenhuysen, Jeff Mason and Susan Heavey in Washington, Jonathan Allen in New York, Diane Bartz in Chicago, Gavin Jones, Francesca Piscioneri and Crispian Balmer in Rome, Ryan Woo, Yilei Sun and Lusha Zhang in Beijing, Kate Kelland in London , Hyonhee Shin and Josh Smith in Seoul, Geert De Clercq in Paris, Paresi Hafezi and Alexander Cornwell in Dubai and Stephanie Nebehay and Michael Shields in Geneva; Written by Kevin Liffey and Rosalba O’Brien; Editing by John Stonestreet and Bill; Berkrot

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Germany “is heading towards the epidemic” as the virus spreads faster outside of China

SHANGHAI / SEOUL (Reuters) – Germany said Wednesday that it was heading for a coronavirus epidemic and could no longer track all cases, as the number of new infections within China – the source of the epidemic – is was for the first time surpassed by those elsewhere.

Asia has reported hundreds of new cases, Brazil has confirmed the first infection of Latin America and the new disease – COVID-19 – has also affected Pakistan, Greece and Algeria. The global food conglomerate Nestlé has suspended all business travel until March 15.

Stock markets around the world lost $ 3.3 trillion in value over four trading days, measured by the all-country MSCI .MIWD00000PUS index, but Wall Street led to a rebound on Wednesday. [MKTS/GLOB]

U.S. health authorities, who have handled 59 cases so far, have said that a global pandemic is likely, but President Donald Trump has accused two cable TV channels that often criticize him of “doing everything possible to make the coronavirus the worst.” possible, including panic markets ”.

The disease is believed to have originated in a market selling wild animals in the Chinese city of Wuhan at the end of last year and has infected around 80,000 people and killed over 2,700, the vast majority in China.

While radical quarantine measures have helped slow the transmission rate in China, it is accelerating elsewhere.

Germany, which has around 20 cases, said it was already impossible to trace all infection chains and health minister Jens Spahn called on regional authorities, hospitals and employers to review their pandemic planning.

“A large number of people have had contact with patients, and this is a big change for the 16 patients we have had so far where the chain could be traced back to origins in China,” he said.

The US Centers for Disease Control and Prevention also spoke on Tuesday about a nascent pandemic. “It’s not a matter of” if “. It’s about” when “and how many people will be infected,” said its deputy chief executive, Anne Schuchat.

“PANDEMIC” – OR NOT?

The World Health Organization (WHO) said China reported 411 new cases on Tuesday – compared to 427 in 37 other countries.

However, WHO chief Tedros Adhanom Ghebreyesus advised diplomats in Geneva on Wednesday not to talk about a pandemic.

“Using the word pandemic carelessly has no tangible benefit, but presents a significant risk in terms of unnecessary and unwarranted amplification of fear and stigma and crippling systems,” he said.

“It could also signal that we can no longer contain the virus, which is not true.”

Dr Bruce Aylward, head of a WHO-Chinese joint mission at the outbreak, told reporters on his return to Geneva:

“He thinks the virus will show up tomorrow. If you don’t think so, you won’t be ready … This is a rapidly growing epidemic in several places that we have to face super fast to prevent a pandemic.”

Trump tweeted that he would attend a briefing on Wednesday. But the White House denied a Politician outlet report that was considering appointing a “coronavirus czar”.

WHO claims that the epidemic peaked in China around February 2 after measures that included isolation from Hubei province.

A woman wearing a mask is seen on a street in central Shanghai, China, while the country is hit by a new coronavirus outbreak on February 26, 2020. REUTERS / Aly Song

The Chinese National Health Commission reported 406 new infections on Wednesday, down from 508 a day earlier and bringing the total number of confirmed cases in mainland China to 78,064. The death toll increased from 52 to 2,715.

WHO said that only 10 new cases were reported on Tuesday in China outside Hubei.

FEAR OF THE OLYMPICS

South Korea, which with 1,261 cases has the largest number outside of China, reported 284 new ones including an American soldier, while the authorities were preparing to test more than 200,000 members of a Christian church at the center of the epidemic.

Brazil reported the first case in Latin America, according to a source: a 61-year-old who had visited Italy.

In Japan, Prime Minister Shinzo Abe requested that sporting and cultural events be demolished or reduced for two weeks to stem the virus as a concern raised for the 2020 Tokyo Olympics.

Japan has nearly 170 cases, in addition to 691 connected to a cruise ship that was quarantined off its coast this month. Six people died there, including four from the ship.

There have been nearly 50 deaths outside of China, including 12 in Italy and 19 in Iran, according to a Reuters count.

While Iran reported only 139 cases, epidemiologists say that the mortality rate of around 2% seen elsewhere suggests that the real number of cases in Iran must be many times higher and that Iran-related cases have been reported across the Middle East.

In Europe, Italy has become at the forefront of the global outbreak with 322 cases. Italians or people who have recently visited Italy have tested positive in Algeria, Austria, Croatia, Romania, Spain and Switzerland.

Presentation (21 pictures)

Two hotels, one in Austria and one in Tenerife, in the Canary Islands of Spain, have been locked up in cases related to Italy.

Authorities said over 700 guests at Tenerife’s four-star Costa Adeje Palace may leave their rooms after a day of confinement, but should stay in the hotel for 14 days.

“It is very scary because everyone is out in the pool spreading the virus,” said 45-year-old British Lara Pennington, fearing for her two young children and her elderly in-laws.

(Interactive global spread of graphical tracing of coronavirus here)

Reporting by Julie Steenhuysen and Susan Heavey in Washington, Diane Bartz in Chicago, Gavin Jones, Francesca Piscioneri and Crispian Balmer in Rome, Ryan Woo, Yilei Sun and Lusha Zhang in Beijing, Kate Kelland in London, Hyonhee Shin and Josh Smith in Seoul, Geert De Clercq in Paris, Paresi Hafezi and Alexander Cornwell in Dubai and Stephanie Nebehay and Michael Shields in Geneva; Written by Michael Perry, Nick Macfie and Kevin Liffey; Editing by Pravin Char and John Stonestreet

Our standards:Thomson Reuters’ principles of trust.

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Coronavirus: 12 myths about the deadly virus

As countries around the world work to combat the spread of coronavirus, disinformation has made it more difficult to fight the deadly virus.

Currently, there are over 81,000 confirmed coronavirus cases in 43 countries and territories.

In an effort to minimize the impact of the virus, federal health organizations are working to keep the public updated on ways we can stay healthy and safe from the disease.

While precautions such as properly washing your hands and covering your mouth when coughing are effective methods of preventing the spread of germs, the World Health Organization (WHO) has compiled a list of myths that will not help protect you from coronavirus, rinsing of the nose with saline solution to eat garlic.

1 Can regular rinsing of the nose with saline help prevent coronavirus?

According to the WHO, “there is no evidence” that regular rinsing of the nose with saline solution protected people from the virus.

“There is limited evidence that regular rinsing of the nose with saline can help people recover from the common cold more quickly,” says the organization. “However, regular rinsing of the nose has not been shown to prevent respiratory infections.”

2 Are antibiotics effective in the prevention and treatment of coronavirus?

Since coronavirus is a virus, antibiotics don’t work in treating the disease.

Currently, there is no specific vaccine or treatment for the virus, however, WHO says that those hospitalized for coronaviruses can receive antibiotics because “bacterial co-infection is possible.”

According to the organization, some specific treatments for coronavirus are currently being studied, but need to be tested through clinical trials.

3 Are towels effective in killing the virus?

WHO says that towels are not effective in killing coronavirus. To protect against the virus, the organization recommends that you wash your hands frequently with an alcohol-based hand or wash them with soap and water.

You can find more information on how to wash your hands here.

4 How effective are thermal scanners in detecting people infected with coronavirus?

According to the WHO, thermal scanners are effective in detecting people who have developed fever, a symptom of the virus.

However, scanners are unable to detect people who have been infected but are not yet suffering from fever, which can take two to 10 days to develop after a person has been infected.

5 Is it safe to receive a letter or package from China?

It is safe to receive mail from China, according to the WHO, despite the Wuhan virus, because “from previous analyzes, we know that coronaviruses do not survive for long on objects, such as letters or packages”.

6 Can pets spread coronaviruses?

Despite multiple claims circulating on social media, “there is no evidence that pets / pets such as dogs or cats can be infected with the coronavirus,” according to the WHO.

The organization advises those who come into contact with pets to wash their hands afterwards, however, as it can protect you from various common bacteria such as E Coli and Salmonella.

7 Can eating garlic help prevent coronavirus infection?

According to the WHO, although garlic is a “healthy food that may have some antimicrobial properties”, “there is no evidence” that consuming garlic has protected people from coronavirus.

8 Does the virus affect only older people or are younger people sensitive too?

Coronavirus can infect people of all ages, according to the organization, however, the elderly and those with pre-existing medical conditions such as asthma or diabetes “appear to be more vulnerable to becoming seriously ill with the virus.”

9 Do pneumonia vaccines protect you from coronavirus?

According to the health agency, pneumonia vaccines do not provide protection against the virus, nor any existing vaccinations, since the virus is “so new and different that it requires its own vaccine”.

10 Can spraying alcohol or chlorine all over the body kill coronavirus?

In addition to not killing viruses that have already entered your body, spraying substances such as alcohol or chlorine can be harmful to clothing or mucous membranes such as eyes and mouth, recommends the WHO.

Alcohol and chlorine can be helpful in disinfecting surfaces, however, if used correctly.

Other chemical disinfectants include “bleach / chlorine based disinfectants, solvents, 75% ethanol, peracetic acid and chloroform”.

11 Can an ultraviolet disinfection lamp kill the virus?

According to WHO, UV lamps should not be used to sterilize hands since UV radiation can cause skin irritation.

12 Does the application of sesame oil prevent the virus from entering the body?

“No. Sesame oil doesn’t kill the new coronavirus,” says WHO.

13 Should you stop kissing?

According to experts, a precaution you can take sounds like a myth but is actually effective in preventing the spread of coronavirus is to limit contact, especially kissing.

“If coronavirus circulates in your community, it’s a very prudent thing to do,” said Michael Osterholm, an infectious disease expert at the University of Minnesota. “It’s one of the few things you can do on your own to actively reduce your risk.”

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Wall Street bounces after the virus-driven selloff

(Reuters) – U.S. equities attempted a recovery Wednesday after a difficult start to the week that shaved more than 6% from the major growth problem indices resulting from a global coronavirus spread.

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, the United States, on February 26, 2020. REUTERS / Lucas Jackson

Marquee manufacturers, including Apple Inc, Microsoft Corp and Amazon.com, were among the most prominent in favor of the S&P 500, going from 1.6% to 3%.

Ten of the 11 main S&P sectors were black, with technology leading the charge with a 2.4% gain. The energy sector fell by 0.2%.

“There has been pressure on some high-quality names, particularly in areas that may be most affected by the wider spread of the coronoavirus,” Charlie Ripley, senior investment strategist, adding that investors are looking for some business.

However, caution prevailed as the U.S. Centers for Disease Control and Prevention urged Americans to prepare for the spread of the virus in the United States. President Donald Trump said he would hold a coronavirus press conference at 18:00. ET (2300 GMT).

The magnitude of the economic blow remained unclear as the virus spread further to South Korea and Italy, while Greece and Brazil reported their first virus cases on Wednesday.

“There could certainly be more volatility in stores and markets could again test their minimum selloff,” Rick Swope, vice president of investor training at E * TRADE Financial Corp.

The main indices have declined in the past four sessions and the Dow has lost more than 1,900 points in the past two days.

The S&P 500 index, which fell 7.8% from its all-time high, has lost about 1.74 trillion dollars in market capitalization in the past two sessions, according to S&P senior analyst Howard Silverblatt of S&P Dow Jones.

At 11:40 ET, the industrial average of Dow Jones was up 404.82 points, equal to 1.49%, to 27.486,18 and the S&P 500 to 47.29 points, or 1, 51%, at 3,175.50. The Nasdaq Composite rose 166.56 points, or 1.86%, to 9,132.18.

Among stocks, TJX Cos Inc jumped 8.3% as the retailer beat quarterly sales estimates in the same store.

Walt Disney Co slipped 0.9% on the news that Robert Iger will step down as CEO, handing over the reins to Disney Parks chief Bob Chapek.

Beyond Meat Inc has grown by 6.2% since Starbucks Corp has stated that its Canadian stores will start selling its vegetable-based breakfast sandwich next week.

The anticipated issues exceeded the declinations of a 2.38 to 1 ratio on the NYSE and a 2.25 to 1 ratio on the Nasdaq.

The S&P index recorded two new 52-week highs and 18 new lows, while the Nasdaq recorded 17 new highs and 98 new lows.

Reporting of Medha Singh and Shreyashi Sanyal in Bangalore; Editing by Anil D’Silva and Arun Koyyur

Our standards:Thomson Reuters’ principles of trust.

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The coronavirus pandemic is inevitable, the United States warns as the disease spreads worldwide

SHANGHAI / SEOUL (Reuters) – Asia today reported hundreds of new coronavirus cases, including the first US soldier to become infected, as the United States warned of an inevitable pandemic, and outbreaks in Italy and Iran have occurred. popular in other countries.

Asian equities fell on Wednesday as the U.S. warning to Americans to prepare for a probable coronavirus pandemic rocked Wall Street again and pushed Treasury yields into refuge to record lows.

Equity markets around the world have wiped out $ 3.33 trillion in value over the past four trading sessions, measured by the MSCI all-country .MIWD00000PUS index which includes stocks in 23 developed and 26 emerging markets.

The disease is believed to have originated in a market selling wild animals in the Chinese city of Wuhan at the end of last year and has infected around 80,000 people and killed over 2,700, the vast majority in China.

Adding to the growing sense that rapid spread of the virus in multiple places is inevitable, a senior official from the World Health Organization (WHO) urged that preparations be made now.

In the United States, the U.S. Centers for Disease Control and Prevention also urged Americans to prepare, saying that while the immediate risk was low, the global situation suggested that a pandemic was likely.

“It’s not a question of whether. It’s a question of when and how many people will be infected,” CDC chief vice-director Anne Schuchat said on Tuesday.

The United States has reported 57 virus cases.

Dr Bruce Aylward, head of a WHO-Chinese joint mission at the outbreak, told reporters on his return to Geneva that preparations should not wait.

“He thinks the virus will show up tomorrow. If you don’t think so, you won’t be ready,” he said.

“This is a rapidly growing epidemic in several places that we need to tackle super fast to prevent a pandemic.”

Aylward said that China’s “extraordinary mobilization” has shown how aggressive public health policy could curb its spread.

Olympic concerns

WHO claims that the epidemic peaked in China around February 2, after authorities isolated Hubei province and imposed other containment measures.

The Chinese National Health Commission reported another 406 new infections on Wednesday, down from 508 a day earlier and bringing the total number of confirmed cases in mainland China to 78,064. The death toll increased from 52 to 2,715.

South Korea, which with 1,261 cases has the largest number outside of China, reported 284 new ones including an American soldier, as authorities prepared an ambitious plan to test more than 200,000 members of a church in the center of the epidemic.

Of the new cases, 134 came from the city of Daegu, where the virus is believed to have passed among members of the Church of Jesus Shincheonji, say the Korean Centers for Disease Control and Prevention.

The U.S. military claimed that a 23-year-old soldier based in Camp Carroll, about 20 km (12.4 miles) from Daegu, had been infected and was self-quarantined at home.

A man wears a shopping mask in a market in the Chinatown section of San Francisco, California, USA, 25 February 2020. REUTERS / Shannon Stapleton

In Japan, Prime Minister Shinzo Abe asked that sporting and cultural events be demolished or reduced for two weeks to stem the virus as a concern raised for the 2020 Tokyo Olympics, although officials have repeatedly denied that the Games will be affected. .

Japan has nearly 170 virus cases and 691 connected to a cruise ship that was quarantined this month. Six people died in Japan, including four from the ship.

There have been nearly 50 deaths outside of China, including 11 in Italy and 16 in Iran, the most outside of China, according to a Reuters count.

The Iranian deputy minister of health – seen drying his forehead in a television press conference – was among the infected.

Cases related to Iran have been reported across the region.

Kuwait said it had two new coronavirus cases, some of which came from Iran, which brought its count to 18, while Bahrain said its infections increased to 26 after three new ones on a flight from Iran.

CHINESE STOCK GAIN

In Europe, Italy has become at the forefront of the global outbreak with 322 cases. The Italians or people who have recently visited the country have proved positive in Algeria, Austria, Croatia, Romania, Spain and Switzerland.

Two hotels, one in Austria and one in the Spanish Canary Islands, were locked after cases related to Italy emerged. Spain also reported its top three cases on the mainland.

China’s containment efforts have thwarted the world’s second largest economy, with growth set to decline further from a three-decade low of 6.1% last year.

Presentation (13 images)

But an increasing number of Chinese regions are decreasing the level of emergency response after assessing that the risks have diminished and that the authorities are asking for a return to work.

The effects of the epidemic are reverberating across the region and most of its major economies are expected to slow or decrease in this quarter, according to Reuters polls.

The economists’ forecasts collected by Reuters from 19 to 25 February show that Australia, South Korea, Taiwan, Singapore and Thailand should record the worst performance of the years in this quarter.

(Interactive global spread of graphical tracing of coronavirus here)

Reporting by Julie Steenhuysen in Washington, Diane Bartz in Chicago, Gavin Jones, Francesca Piscioneri and Crispian Balmer in Rome, Ryan Woo, Yilei Sun and Lusha Zhang in Beijing; Hyonhee Shin and Josh Smith in Seoul; Paresi Hafezi in Dubai; Stephanie Nebehay and Michael Shields in Geneva; Written by Michael Perry; Editing by Stephen Coates and Simon Cameron-Moore

Our standards:Thomson Reuters’ principles of trust.

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Coronavirus increases Iran’s isolation, puts a strain on South Korea and Italy

DUBAI / BEIJING (Reuters) – The Iranian coronavirus death toll rose to 16 on Tuesday, the highest out of China, increasing its international isolation as dozens of countries from South Korea to Italy have accelerated emergency measures to curb the global spread of the epidemic.

It is believed that it comes from wild animals in Wuhan city late last year, the flu-like illness infected 80,000 people and killed 2,663 in China. But the World Health Organization (WHO) says the outbreak has peaked and has been waning since February 2.

Beyond mainland China, however, it has jumped to around 29 countries and territories, with around three dozen dead, according to a Reuters count. Growing outbreaks in Iran, Italy and South Korea are of particular concern.

“We are close to a pandemic but there is still hope,” said Raina MacIntyre, head of a biosafety program at the University of New South Wales, using the term for a widespread global epidemic.

Global equities plummeted to their lowest levels in over two months on Tuesday anxious about the spread of coronavirus and its damage to the world economy.

The outbreak of Iran amid growing pressure from U.S. sanctions threatens to leave it further interrupted. Several countries have suspended flights due to cases of travelers from Iran to Canada, Lebanon, the United Arab Emirates and Iraq.

Some neighbors have also closed the borders, while the Omani Khasab port has blocked imports and exports with Iran.

“He is an uninvited and inauspicious visitor. God willing, we will be able to overcome … this virus, “Iranian President Hassan Rouhani said in a televised speech.

The deputy minister of health was among the infected ones.

Iran has canceled concerts and football matches nationwide and schools and universities have been closed in many provinces. Many Iranians have turned to social media to accuse the authorities of hiding facts.

Popular anger was high over the handling of a Ukrainian plane crash in January, which the military took three days to recognize was caused by an Iranian missile fired by mistake.

Authorities say U.S. sanctions are hindering its response to the coronavirus by preventing the import of masks and medicines.

CHURCH UNDER CONTROL

South Korea has the largest number of virus cases outside China, with 977 infections and 10 deaths, most related to the Shincheonji church of Jesus in Daegu city, where the epidemic is believed to have started with a 61 year old woman.

The authorities were to test all church members, estimated by the media at around 215,000 people. President Moon Jae-in acknowledged that the situation was “very serious”.

In Europe, Italy is at the forefront, with over 280 cases and seven deaths, most in the northern regions of Lombardy and Veneto, but one case is emerging in Sicily, the first in the country south of Rome.

The Italian tourism industry, which represents around 13% of the economy, fears a leap amid restrictions on public events affecting football matches, cinemas and theaters.

A man wearing a mask rides a bicycle in Wuhan, the epicenter of the new coronavirus outbreak, Hubei province, China, February 24, 2020. REUTERS / Stringer

Filming scheduled for three weeks in Italy for the seventh release of Tom Cruise in the “Mission: Impossible” series has also been postponed, while the cathedral of Milan has been closed and the Venice carnival has been canceled.

Airlines have started to limit flights to Italy, while mask and gel prices have skyrocketed.

Scott Rosenstein, a Eurasian consultant, said bad news from Iran, South Korea and Italy had less security than human-to-human transmission can be limited to China.

“This worsening narrative on disease containment overshadowed the cautious narrative of optimism coming out of China,” he said. “The markets responded accordingly.”

“DO NOT HANG”

Afghanistan, Bahrain, Iraq, Kuwait and Oman reported their first new coronavirus cases, all in people who had been to Iran.

With dozens of sporting events already affected, Japan, which had four deaths and 850 cases, said it was premature to speak of the cancellation of the Tokyo Olympics, which is expected to begin on July 24th.

The United States has promised $ 2.5 billion to fight the disease, with over $ 1 billion earmarked for the development of a vaccine.

China has reported an increase in new cases in Hubei province, the epicenter of the epidemic. But excluding those, he only had nine new infections on Monday, the lowest since January 20.

As the pace of new infections slows down, Beijing has said that travel and movement restrictions that have paralyzed activities in the world’s second largest economy should begin to be lifted.

Presentation (14 images)

An official from the Beijing Center for Disease Prevention and Control noted that supermarkets were becoming busier, but offered some suggestions for buyers.

“Choose a supermarket with relatively low traffic and good ventilation, and prepare a shopping list before actually going to the store,” Liu Xiaofeng told reporters.

“Don’t go around. Don’t chat.”

(Interactive global spread of graphical tracing of coronavirus here)

Reporting by Ryan Woo, Yilei Sun and Lusha Zhang in Beijing; Hyonhee Shin and Josh Smith in Seoul; Jeff Mason and Phil Stewart in Washington; Ritvik Carvalho in London; Written by Andrew Cawthorne; Curated by Nick Macfie and Timothy Heritage

Our standards:Thomson Reuters’ principles of trust.

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