WASHINGTON/CHICAGO (Reuters) – The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday alerted Americans to begin preparing for the spread of coronavirus in the United States after infections surfaced in several more countries. The announcement signaled a change in tone for the Atlanta-based U.S. health agency, which had largely been focused on efforts …
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Italy’s coronavirus outbreak spread south on Tuesday to Tuscany and Sicily, as the civil protection agency reported a surge in the number of infected people and Rome convened emergency talks. Prime Minister Giuseppe Conte has blamed poor management in a hospital in the country’s north for the outbreak, which has caused seven deaths in Italy …
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The U.S. should prepare for community transmission of the COVID-19 coronavirus, CDC officials said on Tuesday. “We expect to see community spread [of COVID-19] in this country. It’s not a question of ‘if’ anymore,” said Nancy Messonnier, MD, director of the CDC’s National Center for Immunization and Respiratory Diseases, on a media call. Currently, the …
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Washington (CNN)President Donald Trump on Tuesday predicted the coronavirus is “going to go away” despite warnings from Democrats that his White House is asleep amid cresting fears in Washington that the outbreak could spark a pandemic. The President maintained his sunny optimism about the virus that is showing signs of spreading around the world from …
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BEIJING — Retail sales of passenger cars in China crumbled 92% on an annual basis in the first 16 days of February, according to China Passenger Car Association (CPCA), as the coronavirus outbreak slammed the brakes on businesses across the country. China’s passenger vehicle sales recorded 4,909 units in the first 16 days, down from …
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Cleveland Federal Reserve Bank President Loretta Mester said on Monday that the US economy should continue to perform well this year and monetary policy is currently well-positioned. “The economy has been performing well and I expect that to continue,” Mester said in prepared remarks to the National Association for Business Economics conference in Washington. She …
All three major indices plummeted Monday as fears grew that the epidemic would begin to choke supply chains worldwide. The challenge investors face is that no one knows how long this epidemic will last, or how dangerous it ultimately will be to populations. Wall Street was rocked in a volatile trading session on Monday that …
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Latest coronavirus drug research indicates that based on early results from clinical trials by Chinese researchers, Chloroquine Phosphate, an antimalarial drug, has a certain curative effects on the novel coronavirus disease (COVID-19). China National Center for Biotechnology Development deputy head Dr Sun Yanrong said that chloroquine, an anti-malarial medication, was selected after several screening rounds …
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Dow futures drop about 700 points U.S. stock market futures sank Monday as the spread of coronavirus raised worries that global economic growth could take a hit. Authorities in northern Italy canceled some public events, including Venice’s Carnival, in an effort to reduce the spread of the virus. Italian officials said Sunday they have 152 …
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London Goldman Sachs is worried that leaves investors vulnerable to surprises. The investment bank told clients this week that a near-term correction, in which the market slides at least 10% from a recent peak, “is looking much more probable.” The thinking: Equity markets look “increasingly exposed” to disappointing earnings growth due to the new coronavirus …
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