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Showing posts with label Corona Virus. Show all posts
Showing posts with label Corona Virus. Show all posts

March 9, 2020

US Economy Meltdown: Dow plunges over 2,000 points, oil collapses amid price war and coronavirus - by Jonathan Garber

U.S. equity markets tumbled Monday after an oil price war broke out between Saudi Arabia and Russia and amid new cases of coronavirus, especially in America.

TickerSecurityLastChangeChange %
I:DJIDOW JONES AVERAGES23851.02-2,013.76-7.79%
SP500S&P 5002758.65-213.72-7.19%
I:COMPNASDAQ COMPOSITE INDEX7985.59538-590.02-6.88%




The Dow Jones Industrial Average closed over 2,000 points lower, coming back from a point drop of more than 2,150 points, or 8.2 percent, at session lows while the S&P 500 and Nasdaq Composite were lower by 7.9 percent and 7.2 percent, respectively.

Monday's sharp selloff, which caused the major averages to be temporarily halted due to volatility, caused the New York Federal Reserve to increase its daily cash injections into the banking system to $150 billion from $100 billion.

The stock-market's steep slide comes after a production dispute between OPEC members, led by Saudi Arabia, and Russia sent West Texas Intermediate crude oil, the U.S. benchmark, plunging by as much as 33.8 percent, the most since the outbreak of the 1991 Persian Gulf War, to a low of $27.34 a barrel in overnight trading. The energy component finished the day down 24.59 percent at $31.13 a barrel.

Note EU-Digest: This is what happens when the US elects a President who is a complete "ignoramas", lies like there is no tomorrow, says he knows more about the Corona Virus than the medical profession, brags he is the best deal maker in the world, wants only "yes men" in his cabinet, and unfortunately, that is "only the top of the Trump iceberg drama".

Read more at: Dow plunges over 2,000 points, oil collapses amid price war and coronavirus | Fox Business

The Netherlands: Two more die of coronavirus in Netherlands, total stands at 265

Two more patients in the Netherlands have died as a result of contracting coronavirus, according to latest figures from the public health institute RIVM. In its latest update on Sunday the RIVM said the number of confirmed infections stands at 265, a rise of 77 since Saturday.

The figure is the biggest increase for a single day, although in percentage terms it is smaller than Saturday’s rise (41.0% compared to 46.9%).

The latest casualties are an 86-year-old man who was admitted to the Bernhoven Hospital in Uden, Noord-Brabant, and an 82-year-old man who was being treated in the Zuyderland Medical Centre in Sittard-Geleen, Limburg. The source of both infections is being investigated.

The RIVM said 144 of the 265 patients who had tested positive for coronavirus had travelled abroad, 131 of them to northern Italy. In 47 cases the source of the infection is not yet known.

 Read more at: Two more die of coronavirus in Netherlands, total stands at 265 - DutchNews.nl

March 8, 2020

Spain-Coronavirus: Spain confirms almost 400 cases as death toll jumps to eight

There have now been eight deaths connected to the coronavirus in Spain, authorities confirmed late on Friday, as the number of confirmed cases continues to rise. Here's the latest news.

Read more at:
https://www.thelocal.es/20200307/spain-reports-first-coronavirus-death

March 6, 2020

Coronavirus panic buying in Japan, France, Netherlands, and Poland

As the coronavirus spreads, Business Insider sent some of its international editors to take photos inside local stores where items are low in stock.

Read more at:
https://www.businessinsider.com/coronavirus-panic-buying-france-japan-netherlands-poland-2020-3

March 4, 2020

Netherlands: coronavirus total rises to 24 with new Covid-19 cases confirmed

 Public health institute RIVM confirmed six new coronavirus diagnoses in the Netherlands. These patients were reported to the RIVM on Monday and are all currently quarantined at home, the health service said.

The Ministry of Foreign Affairs also updated its travel advice for Japan due to the virus.

According to the RIVM, a total of 24 people have now been diagnosed with Covid-19 in the Netherlands. "Almost all persons diagnosed with the coronavirus are travelers from northern Italy or are family contacts of a previous patient," the health service said. "The source of the infection is still unknown for a few patients. This is still under investigation."

Local departments of municipal health service GGD are currently investigating who the new patients were in contact with.

A spokesperson for the RIVM told NL Times that around 200 people have been tested for Covid-19 in the country so far. The service is working on an interactive map so that Netherlands residents can better track affected areas.

 Read more at: Netherlands coronavirus total rises to 24 with new Covid-19 cases confirmed | NL Times

March 2, 2020

Coronavirus latest: Germany′s COVID-19 cases almost double

The number of coronavirus cases in Germany has risen sharply; official data shows infections have reached 129, compared with 66 on Saturday. More than half are in North Rhine-Westphalia. Follow the latest from DW here.

March 1, 2020

EU Threat of Corona Virus: Coronavirus could be a bigger test for the EU than the refugee crisis

The coronavirus pounded the European Union this week with the biggest test of its political, economic and social fabric since the refugee crisis of five years ago.

Most dramatically, the Turkish government this week backed off from its commitment made in 2016, in return for 6 billion euros in EU funds, to prevent Syrian refugees from entering Europe. That followed a Thursday airstrike by Russian-backed Syrian forces in Syria’s Idlib province, killing at least 33 Turkish troops, with some turkish sources claiming more than 150 troops killed.

Even as Turkey ordered police, coast guard and border security officials to allow would-be refugees to pass into the EU, Bulgaria responded by sending an extra 1,000 troops to the frontier with Turkey and Greek police launched smoke grenades at one crossing to dissuade migrants.

Containing pathogens is a much different business than managing waves of refugees. However, what unites the two issues is how dramatically the European Union’s response will shape public attitudes about the institution’s relevance, responsiveness, and effectiveness at a crucial historic moment.

The impact of coronavirus on Europe’s future has the potential to be even more significant than the migrant crisis, particularly as it unfolds in almost biblical fashion atop a plague of other European maladies.

Tourist wearing protective respiratory mask tours outside the Colosseo monument were a common sight in the center of Rome..
The coronavirus pounded the European Union this week with the biggest test of its political, economic and social fabric since the refugee crisis of five years ago.

The ripples from the European migrant crisis of 2015 continue until today with its dual shock to the EU’s unity and domestic politics. It triggered a wave of populism and nationalism, the United Kingdom’s withdrawal from the EU, and Germany’s political fragmentation behind the weakening of Chancellor Angela Merkel.

Even as Turkey ordered police, coast guard and border security officials to allow would-be refugees to pass into the EU, Bulgaria responded by sending an extra 1,000 troops to the frontier with Turkey and Greek police launched smoke grenades at one crossing to dissuade migrants.

Containing pathogens is a much different business than managing waves of refugees. However, what unites the two issues is how dramatically the European Union’s response will shape public attitudes about the institution’s relevance, responsiveness, and effectiveness at a crucial historic moment.

The impact of coronavirus on Europe’s future has the potential to be even more significant than the migrant crisis, particularly as it unfolds in almost biblical fashion atop a plague of other European maladies.

They include, but by no means are limited to: economic slowdown and possible recession (made more likely by coronavirus), the rise of populism and nationalism (stoked as well by the virus), disagreements about how to handle trade talks with a departing United Kingdom (which start Monday), internecine fights over the European budget, and ongoing German leadership crisis and French social upheaval.

The coronavirus morphed this past week into an increasingly global phenomenon that experts agree can no longer be contained. The hit to stock markets was $6 trillion, the biggest weekly fall since the 2008 financial crisis. By Friday, the WHO reported more than 78,000 cases and more than 2,790 deaths ion China – and 70 deaths in 52 other countries.

In Europe, what began as northern Italian phenomenon – where there have been more than 800 infections – has now reached Spain, Greece, Croatia, France, the UK, Switzerland, Romania, the Netherlands, Austria, Germany, Sweden, Norway, Belgium, Denmark, Estonia, North Macedonia, and San Marino.

For Europe the Corana Virus is certainly a wake-up call and a national European Medical Emergency. 

Read more at: Coronavirus could be a bigger test for the EU than the refugee crisis

February 29, 2020

The Netherlands: Second Dutch coronavirus patient identified, was also in Lombardy, Italy

A woman from Diemen on the outskirts of Amsterdam has been diagnosed with coronavirus, making her the second Dutch victim of the disease, the public health institute RIVM said on Friday lunchtime.

The woman has no connection with the first Dutch victim, from the south of the country, but had also recently been in Lombardy in Italy, where the virus is rampant, health officials say.

Read more at: Second Dutch coronavirus patient identified, was also in Lombardy - DutchNews.nl

February 27, 2020

Corona Virus hits Northern Europe: Norway announces first case of coronavirus as Sweden treats citizen returning from Italy

Norwegian health authorities on Wednesday announced the first case of coronavirus in the Nordic nation in someone who returned from China last week, but said the patient was not "in danger".

In Sweden a man in his 30s is being treated in hospital for the new coronavirus after visiting Italy, Swedish health authorities confirm.

The patient fell ill after returning from Italy.
Read more at:
https://www.thelocal.no/20200226/breaking-norway-announces-first-case-of-coronavirus and
https://www.thelocal.se/20200226/new-coronavirus-case-confirmed-in-gothenburg-sweden

February 26, 2020

The Netherlands: Coronavirus: no new measures following outbreak Italy - by William Nehra

The outbreak of Coronavirus in Northern Italy has not phased the RIVM, who insist they are prepared for a possible outbreak in the Netherlands.

We are well prepared for a possible introduction of the virus in the Netherlands. That structure stands, whether it is in China or in Italy,” said a spokesperson for the RIVM.

Read more at: Coronavirus: no new measures following outbreak Italy

February 3, 2020

Coronavirus latest: Rescue flight lands in France as European cases rise to 23

European coronavirus cases have risen to 23 as a plane carrying 254 evacuees from Wuhan landed in France — including 36 people with symptoms.

Read more at:
https://www.euronews.com/2020/01/22/watch-live-who-director-general-statement-on-coronavirus-outbreak

January 26, 2020

Coronavirus | About | Prevention and Treatment | CDC

CDC Coronavirus: About prevention and treatment - Describes how to reduce your risk of getting coronavirus infection, and how to relieve symptoms if you get infected.

Read more at :
https://www.cdc.gov/coronavirus/about/prevention.html