Hardest-hit China, South Korea count 938 new COVID-19 cases

28 Février, 2020, 05:06 | Auteur: Anatole Charbonneau
  • People wear sanitary masks as they ride an empty tram in downtown Milan Italy

In Colombia, which has yet to report any cases, officials reminded residents they could be jailed for up to eight years if they violate containment measures.

In South Korea, American commanders had executed health protection conditions Charlie for 28,500 troops from the United States, including their families.

Their cancellation or relocation would be a massive blow for Japan, which said it was closing its entire school system for the next month in a bid to prevent spread of the virus.

The S&P 500 .SPX finished 12% below its February 19 record close, marking its fastest correction ever in just six trading days, while the Dow registered a record one-day points drop, which was also its fourth 1,000-point decline in history and the second this week.

With the coronavirus fears prevalent across the financial markets so far this Thursday, investors remain cautious and keep the demand for the safe-havens such as the yen and gold intact at the expense of the riskier assets, namely, Asian equities and S&P 500 futures.

The US and other countries are also bracing for more cases to be imported from overseas, with growing concern for poorer nations with weak health care systems.

An upcoming "command post training" usually conducted by members of the two militaries' Combined Forces Command will be postponed "until further notice", according to a statement from the combined command.

With new infections reported around the world now surpassing those in mainland China, World Health Organization (WHO) Director General Tedros Adhanom Ghebreyesus said even rich nations should prepare.

The latest numbers: There are more than 83,000 cases around the world, includingover 2,850 deaths.

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USA health authorities, managing 59 cases so far - mostly Americans repatriated from a cruise ship in Japan - have said a global pandemic is likely.

In Iran, the front line of Mideast infections, officials loosened rules barring the import of many foreign-made items to allow in sanitizers, face masks and other necessities, and removed overhead handles on Tehran's subways to eliminate another source of germs. It has reported 13 deaths. Most of the previously confirmed USA cases had travelled to China, were evacuated from the virus-stricken Diamond Princess cruise ship, or were family members of those cases.

With Brazil confirming the arrival of Latin America's first case, the virus has a toehold on every continent but Antarctica. "At this time, CDC does not recommend canceling or postponing travel to Italy".

Spooked by the impact on China, the heart of corporate supply chains, and the increasing effect on other countries, stocks sank deeper into the red on Thursday and oil prices fell.

Italy reported another 100 cases nationwide, taking the total in Europe's biggest hotspot to more than 400, while the death toll rose to 12. Countries from Denmark to Spain and Algeria have also reported infections linked to Italy.

There have been almost 50 deaths outside China, including 19 in Iran, according to a Reuters tally.

Iraq on Wednesday banned public gatherings and barred entry by travellers from Kuwait and Bahrain because of the spread of the new coronavirus.

In Japan, Prime Minister Shinzo Abe called for sports and cultural events to be scrapped or curtailed for two weeks as concern mounted for the 2020 Tokyo Olympics.


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