Skip to main content

Markets tumble as coronavirus cases grow within the US and northern Italy goes into lockdown

The number of cases of the novel coronavirus has risen to quite 108,000 globally, with a minimum of 27,000 cases outside of China, because the economic trauma caused by the outbreak continues to impact global share markets.

At least 3,821 people have died as a results of the virus thus far, with the bulk in Asian country. But figures outside of the country where the virus was first reported are growing, whilst China slowly starts to induce back to normal.
Almost 100 countries and territories have now confirmed cases, and dozens of deaths have occurred in Italy, Iran and Asian nation. Italian authorities have placed much of the northern a part of the country on lockdown , affecting nearly 15 million people, while other regions will face varying sorts of travel restrictions. quite 7,300 cases and 366 deaths are confirmed in Italy.
In neighboring France, the quantity of cases has grown to over 1,100, with a minimum of 19 deaths, as fears of a Europe-wide epidemic still grow. Germany and Spain have both also reported many cases.
Markets tumbled overnight Sunday within the US, with Dow futures falling quite 1,000 points and also the S&P 500 plunging the maximum amount as 5%, triggering a limit that stops futures trading below that mark. The sell-off continued across Asia-Pacific, where both Australian and Japanese markets fell on Monday opening.
Wall Street has faced heavy losses for the past several weeks thanks to fears surrounding the coronavirus. During the last week of February, US stocks had their worst week since the financial crisis, and also the economic disruption caused by the virus doesn't appear to be letting up.

Slowdown in Asian nation
South Korea confirmed 248 new cases of the coronavirus as of Monday morning, bringing the national total to 7,382. There was one additional death from the virus on Sunday, bringing the national toll to 51.
While Asian nation remains one of the worst outbreaks outside of Asian country, the new figures are rock bottom increase per day within the country since February 26, raising hopes that the virus could also be coming in restraint.
Around 90% of cases nationwide are from Daegu and North Gyeongsang province, where the outbreak first began. it's been linked to the Shincheonji religious group, one amongst an oversized number of latest religious movements in Asian nation , which has come under intense scrutiny since the outbreak, amid allegations leaders haven't done enough to share information with the authorities.
In neighboring Democratic People's Republic of Korea, no cases are officially confirmed of the coronavirus, but global health experts have warned the country is very at risk of an epidemic given its close proximity to China and limited medical capabilities.
An evacuation flight with foreign diplomats who were quarantined in Democratic People's Republic of Korea landed in Vladivostok Monday morning with 103 people onboard, a source on the flight told CNN.
Foreign diplomats stationed in Democratic People's Republic of Korea had been kept in complete isolation since early February, amid concerns a couple of potential outbreak there. the precise number of foreign diplomats stationed within the country is unknown, but is estimated to be just some hundred.
Italy on lockdown
Even as there have been signs of improvement in Asia -- with China too continuing a decline within the number of latest cases -- things in Europe and North America appears to be worsening.
Italian Prime Minister Giuseppe Conte signed a decree early Sunday which will put scores of people across northern Italy on lockdown . The sweeping move puts the complete Lombardy region, still as 14 other provinces, under travel restrictions, and is one amongst the toughest responses implemented outside of Asian country to induce the Covid-19 epidemic in restraint.

Slideshow by photo services
Announcing the new measures, Conte said: "There are an obligation to avoid any movement of individuals who are either entering or leaving" the affected areas. "Even within the areas on the move will occur just for essential work or health reasons," he said, in keeping with Reuters.
While the lockdown only applies to northern Italy, other measures are applied to the complete country. These include the suspension of faculties, university classes, theaters and cinemas, still as bars, nightclubs, and sports events. Religious ceremonies, including funerals, will be suspended.
The World Health Organization (WHO) has called on "all countries to continue efforts that are effective in limiting the quantity of cases and slowing the spread of the virus."
In a statement, the WHO said: "Allowing uncontrolled spread shouldn't be a choice of any government, because it will harm not only the citizens of that country but affect other countries still."
US outbreak grows
In the US, almost 500 cases of the virus are confirmed, together with 19 deaths. The worst outbreaks are in big apple state and California, where a cruise liner has been stuck off the coast for several days, as passengers were tested onboard. Health officials said the Grand Princess liner will dock in Oakland on Monday, and passengers are transferred to federal military installations.
Multiple governors have declared states of emergency in their territories, as cases were reported across the US, including in Washington DC. An attendee finally week's Conservative Political Action Conference (CPAC) in Maryland, at which President Donald Trump and vp Mike Pence were guests, has also tested positive for the virus.
Senator Ted Cruz and Representative Paul Gosar both said they'll self-quarantine after interacting with the individual who tested positive. While neither man was showing any symptoms, they're isolating themselves out of what Gosar described as a desire to be "proactive and cautious."

Asked if he was worried a couple of potential exposure, the 73-year-old Trump said, "I'm not concerned in the least."
"We're doing all right," he said of the US response to the virus. "We've done an incredible job, with relation to that subject, on the virus."
Trump has faced intense criticism for appearing to downplay the severity of the outbreak and dangers posed to the US , still as spreading conspiracies, like that the media is exaggerating the virus so as to harm his administration.
Two of Trump's key methods for encouraging his supporters are suffering from the virus: a booming exchange and mass rallies. He has sought answerable the downturn within the markets on the opposition Democrats' prolonged primary process, though few experts accept as true with this analysis, then far has not canceled any rallies, whilst health officials warned people to avoid large crowds.
"These were founded a protracted time ago," Trump said within the government office when asked if it had been an honest idea to proceed along with his planned rally on Monday evening in North Carolina. "I think it's totally safe."


Popular Posts

Kiddwaya reveals why he picked Erica over other girls in BBNaija house(Watch Video)

Kiddwaya and Erica are in Sierra Leone for a three days tour as they visited housemates in a Sierra Leone reality TV Show. During a conversation with Salone housemates in Sierra Leone, Kiddwaya was asked why he choose with Erica more than other housemates in Big Brother’s house. READ ALSO:  Nigerian Man vows not to eat until he sees Nigeria gets better For Good In his response, He said that he loves her because of her confidence, especially when she wears her clothes, It also stated that Erica dresses with so much confidence, no matter what she wears. Erica interrupting his speech however, said it is not about the dress but the person wearing the dress. WATCH VIDEO BELOW Kiddwaya reveals why he picked Erica over other girls in BBNaija house #BBN #BBNaija #KiddricaXHousematesSalone #BBNaijia #Trending #Erica — elizabeth blog (@elizabethblogng) November 30, 2020 SHARE:

Bobrisky and his lover in bed in a hotel room enjoying themselves (Watch Video)

  Nigerian Barbie doll, Bobrisky took to Snapchat to share a video of himself and his lover in bed at a hotel.   READ ALSO:  Man arrested for having s*x with chickens and his own dog, resulting in the death of 15 chickens READ ALSO:  White man Beaten up Mercilessly by a Black man after calling him a Monkey (Watch Video) READ ALSO:  Argentina legend Diego Maradona dies at age 60 READ ALSO:   Acting DG of NABDA arrested over alleged N400m fraud READ ALSO:  White man Beaten up Mercilessly by a Black man after calling him a Monkey (Watch Video) In the video, the man refused to reveal his face as the cross-dresser tried to introduce him to his fans on Snapchat.  WATCH THE VIDEO BELOW View this post on Instagram A post shared by Elizabethblog (@elizabethblogng)

A real Ghost Caught on Camera in an Abandoned Hospital

A Ghost was seen to have appeared in an Abandoned mental hospital as Urban Explorers sight this on Camera. According to the two explorers, Jamie Osborne and Michael Cosgrove stated that they both went to Rosslynlee Hospital which was abandoned in Scotland near Roslin in Midlothian as they went to explore. READ ALSO:  A Man arrested and Jailed for 21 months after throwing eggs at police station Rooms inside the eerie derelict mental health facility had remained untouched for over a decade when it closed its doors. They had been taking it in turns to pose in a wheelchair that had been left in one of the hospital's rooms when they checked one image which appeared to capture a woman wearing a white gown "reaching over" Michael. READ ALSO:  Teacher In Trouble after Flogging a Student to death Over a Mathematics Question Jamie, from Edinburgh, described how the "air turned cold" when they entered the spooky facility and that they could see their breat

Kiddwaya Spotted Kissing Erica , days after she called him rude (Watch Video)

Erica and Kiddwaya are back with the PDA and romance on social media as they were seen Kissing. READ ALSO:  Rihanna Officially dating A$AP Rocky after months of romance rumors This came days, after Erica told Kiddwaya he was rude on National Tv, after he interrupted a question she was asked by a housemate in Sierra Leone. READ ALSO:  Gunmen Abduct A Lady On Her Way To Church in Port Harcourt, Nigeria In the new viral video that was shared on Social Media, Kiddwaya was seen kissing Erica as they go on a jet skit in Sierra Leone. WATCH THE VIDEO BELOW View this post on Instagram A post shared by Kidd💘Erica show (@kiddericashow) SHARE:

White man Beaten up Mercilessly by a Black man after calling him a Monkey (Watch Video)

A white man was beaten by a black man after calling him a Monkey. It was recorded that this Inicident happened in South Africa. The white man was beaten without mercy by a petrol attendant last night for the racist attack. READ ALSO:  A thief set ablaze in Delta for snatching phone with toy gun (Pictures) READ ALSO:  Bride-To-Be Kidnapped Just Three Weeks To Her Wedding In Jigawa state, Nigeria He was being attacked by the fuel attendant and his colleagues. And he even tried to fight back at a point but was overpowered by the fuel attendants who used a stick and a whip on him for allegedly calling one of them a ‘Monkey.’ WATCH THE VIDEO BELOW View this post on Instagram A post shared by Lindaikejiblog (@lindaikejiblogofficial)

Wizard returning from coven mistakenly lands on roof top in Delta state (Watch video)

According to the reports, A young man has been allegedly accused of being a wizard as he Crashed on a Roof top Building at the Okpokpor street in Okpara-Inland in Ethiope-East local government area of Delta State in the afternoon on Saturday November 28. READ MORE:  Child rapist Fainted after being lashed 146 times with cane in Indonesia The man who was holding a hundred naira note in his hand, was identified as Omamuyovwi. He is said to be a commercial motor cycle operator who is well known in the community and married with two kids. It was also gathered that he was beaten with plantain Leaves and also almost set ablazed by was saved by the community Vigilante. READ ALSO:  "Call me evil names, idolator, juju worshipper, God is the final judge of all our actions" - Nigerian man says publicly as he denounced Christianity Eyewitnesses disclosed that Omamuyovwi was taken to his family compound at Igberhe street by the vigilante, where he reportedly confessed t

Nigerian Soldiers assault lady because she refused to greet them (Watch Video)

On Wednesday, November 25, A lady who is Identified as Olaide Oluwo has reposted on social media to demand Justice after she was beaten by Nigerian Army Personnel in Sangotedo, Lagos for not greeting them. READ ALSO:  White man Beaten up Mercilessly by a Black man after calling him a Monkey (Watch Video) According to a video shared online, Olaide said she was assaulted by the military personnel because she did not greet them READ HER STATEMENT BELOW ”This happened to me around 5pm. I did nothing to these people ..I didn’t even look at them until one of them flogged me ! I was walking and this guy insulted me ran after me and then flogged me with koboko! When people confronted them they said it’s cuz I didn’t greet them”   WATCH VIDEO BELOW — Luu ❤🕊 (@Lucy_Anaaa) November 25, 2020