The World Health Organization has revised its assessment of the coronavirus threat. The virus from Wuhan is now officially a global pandemic.
Dr. Tedros Adhanom Ghebreyesus, director general of the World Health Organization: The number of cases of COVID-19 outside China has increased 13-fold and the number of affected countries has tripled. We have therefore made the assessment that COVID-19 can be characterized as a pandemic.
So as of right now, the official count in this country is 1,100 cases of coronavirus. That figure is growing quickly.
In Italy, which experts say is only a few weeks ahead of where we are in the development of the outbreak, the entire nation is on lockdown. The disease has killed almost 200 people in Italy in just the past 24 hours.
Markets are responding to this. The Dow dropped almost 6 percent on Wednesday. The NCAA announced that March Madness, the basketball tournament, will be played without fans in attendance this year and that ought to tell you something.
-Read More
Get the Exclusive
11.27.2024