Most European and US markets followed Asia lower after Hong Kong slumped 2.8 per cent by the close and Shanghai ended with a loss of 1.4 per cent.
The virus has now infected more than 88,000 people and spread to over 60 countries after first emerging in China late last year. South Korea, the biggest nest of infections outside China, reported nearly 500 new cases on Monday, bringing its total past 4,000.
Protesters in smoke-covered Sydney kicked off a fresh round of global protests against climate change on Friday, with activists and schoolchildren picketing the headquarters
Restrictions in Italy to continue till April 3; over 400 dead; Malta, Norwegian Air stop flights to country; fashion industry badly affected.
With India’s 1.3 billion people under lockdown, a third of the planet — some 2.9 billion people according to an AFP tally — is now under orders to stay home, and this certainly is one of the most challenging periods for humanity.
They are the frontliners and have been hailed as “heroes” we could not live without in these distressing times.
Most of the coronavirus articles talk about the planet being the beneficiary of all the lockdowns and almost zero economic activity. However, that’s not entirely correct.
Moscow and Lagos joined the roll call of cities around the world with empty streets, while Virginia and Maryland became the latest US states to announce stay-at-home orders, followed quickly by Washington DC.
A total of 75,538 deaths have been recorded, including 53,928 in Europe, the continent worst hit by the virus. The official tallies probably reflect only a fraction of the actual number of cases. Many countries are testing only the most serious cases.