Coronavirus threatens global economy as experts warn no country will be spared

GENEVA/DUBAI - All countries need to prepare to combat the coronavirus, the World Health Organization said on Thursday, as authorities raced to contain the epidemic’s rapid global spread and Wall Street looked set for its biggest weekly fall since the 2008-2009 financial crisis.

The death rate appears to be around 2 percent, although it could be lower if there are many mild, undiagnosed cases, experts say. The head of the WHO’s emergency program, Dr. Mike Ryan, said discussions were being held with organizers about the fate of the 2020 Olympics, scheduled for July in Tokyo, although no decision was expected soon.

Global equity markets have dropped for six straight days, wiping out more than $3.6 trillion in value .MIWD00000PUS.finished 12% below its Feb. 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.

President Donald Trump’s administration was considering invoking special powers to rapidly expand U.S. production of protective gear, two officials told Reuters. [nL2N2AR1RK]

What's going to happen to all the face masks if we survive this, dump them in the sea perhaps ?

Adedigold This is getting out of hand 🥴

Corona Virus is feared it'll reach epidemic in the very near future & when that happens the annihilation is expected to be astronomical; yet Ethiopian airlines is still flying to china? Do I hear, see, smell mayhem; should the virus reach our shore? If it hasn't already? Anxious!

What are they spraying all over? It looks worse than the virus. Is it safe to inhale? The applicants are well suited.

Did he go and buy a new suit? I guess those donations are rolling in.

HOW did the virus get stuck to an overhead sign, 12' above the ground?! Did someone jump up and sneeze on it within the last 2 hours?!

i love iran females

This is making me sick

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No body armor?

They say the same shit EVERY day. How can it ALWAYS be at a “decisive point”! QTRResearch DavidBCollum

So basically we're all fucked.

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