Coronavirus fears led to a historic drop in U.S. stocks, shut borders and disrup...
- Coronavirus fears led to a historic drop in U.S. stocks, shut borders and disrupted daily life around the world, as governments took increasingly drastic measures to try to reduce the severity of the global outbreak.
- Ohio will postpone its presidential nominating election planned for Tuesday, despite a judge’s refusal to endorse a postponement. - Mexico’s health ministry said on Monday that confirmed cases of coronavirus infection in the country have risen to 82 from 53 a day earlier. - Stock market regulators in the two European countries hardest hit by the coronavirus, Italy and Spain, on Monday imposed bans on short-selling.
- Ireland expects the number of cases to increase to around 15,000 by the end of the month from 169, Prime Minister Leo Varadkar said on Monday. - Hong Kong will quarantine for 14 days all people entering the city starting midnight on Thursday to prevent an “explosion” of coronavirus cases around the world.
- Compared to other countries, Australia has so far experienced relatively low exposure to the coronavirus, with around 400 cases and five deaths. - New Zealand’s central bank slashed interest rates to a record low as it prepared for a “significant” hit to the economy.- Georgia on Monday banned all foreigners from entering the country.
- The United States is unlikely to ease sanctions on Iran despite an appeal from China that it do so because of the coronavirus pandemic. - The European Union will go through a recession this year due to the impact of the coronavirus, EU internal market Commissioner Thierry Breton said on Monday.
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