coronavirus:

Stocks Rebound Fizzles Out Os Virus Response Disappoints

Stocks Rebound Fizzles Out Os Virus Response Disappoints

March 10, 2020 5:49 pm

A rebound in global stocks following their biggest one-day drop in more than a decade fizzled out Tuesday as hoped-for action to inoculate the economy from a coronavirus-induced recession failed to materialize.

Meanwhile oil prices jumped more than seven percent, having plunged by a third the previous day, in the biggest price swing since the 1991 Gulf War, as Russia reached out to Saudi Arabia, possibly in a bid to mitigate an oil price war.

Global stock markets collapsed on what has become known as “Black Monday”, with the Dow on Wall Street plunging more than 2,000 points, as a …

Coronavirus - Chinese President Visits Wuhan

Coronavirus: Chinese President Visits Wuhan

March 10, 2020 11:08 am

Chinese President Xi Jinping on Tuesday made his first visit to Wuhan since coronavirus outbreak forced an unprecedented lockdown of the central city of 11 million people.

According to the president, this is a sign that authorities’ efforts to control the virus are working.

“4 Xi’s arrival came on the same day that Wuhan shut the last of 14 makeshift hospitals opened to manage a surge in coronavirus patients that had overwhelmed the city’s health care system,’’ news website The Paper reported.

Earlier on, China announced that it had just 19 new coronavirus infections on Monday, down from 40 a …

Coronavirus In Nigeria - Lagos Govt Declares Two Wanted

Coronavirus In Nigeria: Lagos Govt Declares Two Wanted

March 10, 2020 3:48 am

The Lagos State government has declared two people, who had contact with the country’s index coronavirus case, wanted.

The Lagos State Ministry of Health has identified them as Enwelunta Obumnore Godfrey and Salami Abiodun Sadeeq.

This was announced by the Commissioner for Health, Prof. Akin Abayomi, on Monday during a briefing.

Abayomi also disclosed that suspects who had been in contact with the secondary case of coronavirus, will begin a 14-day isolation process.

The secondary case of coronavirus is the individual, who had direct contact with index coronavirus case, the 44-year-old Italian man who is currently being quarantined at an

…
Coronavirus Pummels US Stocks, Worst Day On Wall Street

Coronavirus Pummels US Stocks, Worst Day On Wall Street

March 10, 2020 3:47 am
US stocks suffered their biggest one-day loss since the 2008 financial crisis on Monday as recession worries loomed large in the wake of tumbling oil prices and ongoing coronavirus fears.

The combination of factors prompted investor panic on the anniversary of the U.S. stock market’s longest-ever bull run.

All three major U.S. stock averages plunged sharply at the opening bell, triggering trading halts put in place in the wake of 1987’s “Black Monday” crash. The Dow plummeted a record 2,000 points out of the starting gate on the day marking the current bull market’s 11th year.

During the session, the …

How The Coronavirus Has Hit Global Sport

How The Coronavirus Has Hit Global Sport

March 9, 2020 4:50 pm

AFP looks at the effects on sport of the coronavirus, which by 1100 GMT on Monday had killed over 3,800 people while infecting more than 110,000 in over 100 countries.

FOOTBALL

— In Italy, the hardest-hit European country with 366 deaths from COVID-19, Serie A descended into controversy when Italian sports minister Vincenzo Spadafora called for the league season to be put on hold.

Italian Footballers’ Association president Damiano Tommasi tweeted that “stopping football is the most useful thing for our country right now. The teams to cheer are playing in our hospitals, in emergency rooms.”

However, five Serie A …

Trump Congratulates Self On Coronavirus Response

March 9, 2020 4:48 pm

Donald Trump is doing bang-up work fighting the coronavirus — just ask him. “We’ve done a fantastic job,” he said on Saturday, before confirmed US cases of the virus soared to more than 550.

A botched response or a related economic slump could damage his reelection hopes, so the US President appears to be intensely focused on downplaying the problem and publicly congratulating himself. Over the last few weeks, he’s forecast infections on US soil will drop to zero, hoped for a “miracle” to drive the virus away, and predicted warm weather will kill it off. He keeps praising himself
…
Coronavirus Outbreak Spreads Across The World

Coronavirus Outbreak Spreads Across The World

March 9, 2020 4:22 pm

Do people who have recovered from novel coronavirus become immune to it?

Your coronavirus questions, answered

It’s too early to know for sure. But other coronaviruses, like ones that cause the common cold, might give us clues.With “common cold coronaviruses, you don’t actually have immunity that lasts for very long, and so we don’t know the answer with this specific coronavirus,” said Dr. Celine Gounder, a professor of medicine and infectious diseases at the New York University School of Medicine.”If you recover, are you immune? And if you are immune, how long does that last? And that’s actually going to …

A view of North Korea's missile launch

North Korea Not Bothered By Coronavirus, Tests Missiles

March 9, 2020 5:44 am

Not bothered by coronavirus fears, North Korea fired three unidentified projectiles into the sea on Monday, Seoul’s military said, the second such weapons test by Pyongyang in a week.

The three devices were fired in a northeasterly direction from the Sondok area in South Hamgyong province, the South’s Joint Chiefs of Staff said in a statement, without further details.

“The military is monitoring for additional launches and maintaining readiness,” it added.

A spokesman at Japan’s defence ministry said North Korea launched what appeared to be “ballistic missile(s)”, adding there had been no indication of anything coming down in Tokyo’s territory …

Coronavirus - Britain Fears 100,000 Could Die

Coronavirus: Britain Fears 100,000 Could Die

March 8, 2020 4:15 pm

Officials in the UK fear that up to 100,000 people could die before they could contain the spread of the deadly coronavirus, as 64 new cases were announced today, the biggest increase ever since the recording of the infections.

The Prime Minister Boris Johnson will hold an emergency Cobra meeting on Monday to discuss how to halt the spread of the killer bug.

The Department of Health and Social Care said 273 people had tested positive – up from 209 yesterday. According to The Sun, the jump of 64 cases comes after the “worst case scenario” of 100,000 deaths were …

Coronavirus - Italy Puts 15million People Under Lockdown

Coronavirus: Italy Puts 15million People Under Lockdown

March 8, 2020 6:40 am

About 15 million people, a quarter of the Italian population, were locked down Sunday as the government takes drastic steps to stop the spread of the deadly new coronavirus that is sweeping the globe.

The quarantine zones include the regions around Venice and financial capital Milan, while cinemas, theatres and museums will be closed nationwide.

The measures in place until April 3 bar people from entering or leaving vast areas of northern Italy without good reason, according to a decree signed by the prime minister and published online.

Italy has seen the most deaths from the COVID-19 disease of any …

Fresh Tragedy Hits China

Fresh Tragedy Hits China

March 8, 2020 6:39 am
Amidst coronavirus carnage in China, at least six people were killed east of the country after the collapse of a hotel used as a quarantine facility.

Rescuers retrieved 43 people from the rubble, of whom 37 are still alive, the ministry said on its firefighting department’s social media account.

The coastal city of Quanzhou has recorded 47 cases of the COVID-19 infection and the hotel had been repurposed to house people who had been in recent contact with confirmed patients, the People’s Daily state newspaper reported.

Video posted by the firefighting department showed rescuers putting a surgical mask on …

2 Test Positive For Coronavirus At Pence's US Conference

2 Test Positive For Coronavirus At Pence’s US Conference

March 7, 2020 4:34 pm

Two people have tested positive for the new coronavirus after taking part in a pro-Israel lobby group’s conference in Washington which Vice President Mike Pence, Secretary of State Mike Pompeo and dozens of lawmakers also attended.

The influential American Israel Public Affairs Committee said in an email to attendees, speakers and congressional offices that the infected pair had traveled from New York to go to the March 1-3 event.

“We have confirmed that at least two Policy Conference attendees from New York have tested positive for the Coronavirus,” AIPAC said in the message, posted to its Twitter account.

Officials said …

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