“This is the most aggressive and comprehensive effort to confront a foreign virus in modern history.”
Trump’s unexpected move in a primetime TV address from the Oval Office pummelled stock markets, as traders fretted about the economic impact of the outbreak that is on a seemingly relentless march across the planet.
Hardest-hit country Italy on Wednesday clocked more than 2,300 new cases in 24 hours and infections in Spain jumped by a quarter to more than 2,100. People in Italy have been told to keep at least a metre from each other and shun handshakes. Many are now talking to each other a few steps apart. Frankfurt and Paris plunged five percent at the open and the London market dropped more than four percent.
“We have never before seen a pandemic sparked by a coronavirus,” WHO chief Tedros Adhanom Ghebreyesus said, adding that its new designation would not change the response to the outbreak.
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