The World Health Organization (WHO) still hasn’t declared the novel coronavirus a global pandemic, but you wouldn’t know it from Monday’s convulsions in financial markets. The economic slowdown that started in China is now infecting global supply chains, and the economic harm may be broader than predicted.

The trigger for the 3.5% or so plunge in stock indexes was a spike in new coronavirus cases over the weekend in Japan, South Korea, Italy and Iran. This suggests a global breakout that may take longer to contain with more…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Coronavirus LIVE: 14 infected cruise passengers deemed ‘FIT TO FLY’ tested positive moments before boarding pl – The Sun

MILLIONS of sick Brits with flu-like symptoms could be ordered to self-isolate…

Live updates: Rate of new coronavirus infections slows but China remains largely shut down – The Washington Post

YOKOHAMA, Japan — Japan’s Health Ministry said a quarantine officer who worked…

Live updates: Rate of new coronavirus infections slows but China remains largely shut down – The Washington Post

YOKOHAMA, Japan — Japan’s Health Ministry said a quarantine officer who worked…