Please ensure Javascript is enabled for purposes of website accessibility
Virus Closes Sites Around the World; Stocks, Oil Prices Sink
gvw_ap_news
By Associated Press
Published 5 years ago on
March 9, 2020

Share

SOAVE, Italy — Fear over the new coronavirus epidemic sent global stock markets and oil prices plunging Monday, touched off prison riots in Italy and caused a cascading shutdown of sites and events ranging from Saudi schools to a Holocaust march.
While many of Beijing’s white-collar workers returned to work as new infections subsided in China, some 16 million people under a widespread lockdown in northern Italy struggled to navigate the new rules of their mass isolation.

In all, more than 110,000 people have tested positive for the disease and more than 3,800 people with the virus have died, most of them in China. 
Global oil prices suffered their worst percentage losses since the start of the 1991 Gulf War, and the S&P 500 plunged so quickly in the first few minutes of trading that it triggered a 15-minute halt in trading.
In all, more than 110,000 people have tested positive for the disease and more than 3,800 people with the virus have died, most of them in China. Some 62,000 people have already recovered, but realization seemed to be dawning on investors that they underestimated the long-term effects of widespread quarantines.
Meanwhile, inmates at more than two dozen Italian prisons rioted against restrictions on family visits and other containment measures, and six died after they broke into the infirmary and overdosed on anti-psychotic medicine.
Travelers at Milan’s main train station had to sign police forms self-certifying that they are traveling for “proven work needs,’’ situations of necessity, health reasons or to return home. They also needed to provide identity documents, contact numbers and an exact reason for travel.
Photo of soldiers spraying disinfectant as a precaution against a new coronavirus at an apartment building in Daegu, South Korea
Army soldiers spray disinfectant as a precaution against a new coronavirus at an apartment building in Daegu, South Korea, Monday, March 9, 2020. The world’s largest economies delivered more worrisome cues Monday as anxiety over the virus outbreak sent stock and oil prices plunging around the world. (Kim Ju-sung/Yonhap via AP)

Trying to Send a Message of Confidence in the Economy

Italy’s financial hub, Milan, and the popular tourist city of Venice were among the places under the quarantine lockdown. Across Italy, museums and archaeological sites were closed, weddings were canceled and restaurants were told to keep patrons a meter (more than 3 feet) apart. The country has counted 7,375 cases of COVID-19 virus and 366 deaths, more than any other country outside of Asia.
Pope Francis celebrated Mass by himself Monday at the Vatican hotel where he lives, live-streaming the event, but he did resume some meetings.
Trying to send a message of confidence in the economy, French President Emmanuel Macron and his wife walked on Paris’ famous Champs-Elysees avenue, but kept a one-meter security distance from passersby. “I’m shaking hands using my heart,” he said, as he waved to people from a distance.
He called for a proportionate government response.
“We cannot shut down the country but we need to protect the most fragile people,” he said.
China’s slow re-emergence from weeks of extreme travel restrictions offers a grim sense of the longer-term effects the virus can have on a country’s economy.
“Our business is one-fifth of what it was before,” said Cheng Sheng, who helps run a stand in Beijing that sells sausages and noodles. “There’s much less foot traffic. There are no people.”
Infections were reported in more than half the world’s countries, and flashpoints were erupting around the globe.

Buses and Planes Were Ready to Whisk the More Than 2,000 Passengers to Military Bases

“We are working for valuable time, time in which scientists can research medicines and a vaccine” and in which governments can help stock up on protective equipment, said German Chancellor Angela Merkel, whose country has reported over 1,000 cases but not yet any deaths.

“We are working for valuable time, time in which scientists can research medicines and a vaccine  [and in which governments can help stock up on protective equipment].” — German Chancellor Angela Merkel, whose country has reported over 1,000 cases but not yet any deaths 
In Iran, state television said the virus had killed another 43 people, pushing the official toll up to 237, with 7,161 confirmed cases. But many fear the scope of illness is far wider there.
In the United States, where more than 500 infections have been reported, the Grand Princess cruise ship, which has at least 21 confirmed virus cases, was expected to dock in Oakland, California, amid elaborate protective procedures.
Fleets of buses and planes were ready to whisk the more than 2,000 passengers to military bases or their home countries for a 14-day quarantine.
In Florida, passengers disembarked from the Regal Princess after it received clearance to dock. Two crew members eyed as possible carriers had negative tests for the virus.
The Caribbean Princess cruise ship, meanwhile, cut short a Fort Lauderdale-Mexico cruise because crew members had been on another ship where people were infected.
In Washington, the Capitol’s attending physician’s office said “several” members of Congress had contact with a person who attended a recent political conference and subsequently developed COVID-19, the illness caused by the new coronavirus. They “remain in good health,” the office said. Two members of Congress, Sen. Ted Cruz and Rep. Paul Gosar, said they are isolating themselves after determining they had contact with the person.
Photo of empty shelves in Paris
Empty shelves are seen at a supermarket in Paris, Monday, March 9, 2020. Global share markets have plunged as panicked investors fled to the safety of bonds and the yen to hedge the economic trauma of the coronavirus, while oil plunged more than 30 per cent after Saudi Arabia opened the taps in a price war with Russia.(AP Photo/Michel Euler)

China Reported 40 New Cases of the Virus Monday, Its Lowest Number Since Jan. 20

Countries around the world showed a willingness to take tough steps to try to stop the virus’ spread.
After earlier closing off its land borders, Saudi Arabia cut off air and sea travel to and from Bahrain, Egypt, Iraq, Italy, Kuwait, Lebanon, South Korea, Syria and the United Arab Emirates. All Saudi schools and universities closed beginning Monday.
Qatar cut off travel to 15 countries and announced it would shut down schools and universities beginning Tuesday.
The Czech Republic banned visits to hospitals and retirement homes and began random checks on vehicles arriving at border crossings, including taking the temperatures of occupants.
Organizers of the annual Holocaust remembrance march in southern Poland postponed the event this year due to coronavirus fears, and soccer authorities announced that at least four major matches — in France, Germany and Spain — would take place with no fans.
China reported 40 new cases of the virus Monday, its lowest number since Jan. 20. More than three-quarters of the country’s surviving virus patients have been released from treatment. South Korea reported 165 more cases Monday, bringing its total to 7,478.
Albania and Brunei announced their first cases of COVID-19, and the president of the Philippines declared a public health emergency.
[activecampaign form=29]

DON'T MISS

Trump Administration Directs All Federal Diversity, Equity and Inclusion Staff Be Put on Leave

DON'T MISS

Baseball’s Newest Hall of Famers: Suzuki, Sabathia, Wagner

DON'T MISS

‘Once in a Lifetime’ Snow Hits Parts of the US South

DON'T MISS

Trump Temporarily Halts Leasing and Permitting for Wind Energy Projects

DON'T MISS

Fresno Man Who Dealt Deadly Fentanyl Pill Gets 80-Month Prison Term

DON'T MISS

What’s Next for EVs as Trump Moves to Revoke Biden-Era Incentives?

DON'T MISS

US Throws out Policies Limiting Arrests of Migrants at Sensitive Locations like Schools, Churches

DON'T MISS

Visalia Police Find Man Shot Near Shopping Center. Tips Sought.

DON'T MISS

Convicted Jan. 6 Rioter Benjamin Martin Still Going to Prison

DON'T MISS

Is Lawsuit on Planned Reedley Job Center a ‘Shakedown’?

UP NEXT

Israel’s Top General Resigns over Oct. 7 Failures, Adding to Pressure on Netanyahu

UP NEXT

Musk’s Straight-Arm Gesture Embraced by Right-Wing Extremists

UP NEXT

Facing Setbacks and Desertions at the Front, Ukraine Detains Commanders

UP NEXT

Palestinians Confront a Landscape of Destruction in Gaza’s ‘Ghost Towns’

UP NEXT

Trump’s Executive Orders: Reversing Biden’s Policies

UP NEXT

Canada Relieved Trump Doesn’t Impose Tariffs on the Major US Trading Partner on First Day

UP NEXT

Ceasefire: Hamas Returns 3 Israeli Hostages, Israel Frees 90 Palestinian Prisoners

UP NEXT

Trump Returns to Power After Unprecedented Comeback, Emboldened to Reshape US

UP NEXT

Trump to Release Records on the Assassinations of the Kennedys and Martin Luther King

UP NEXT

Walmart Breaks into Luxury Resale Market, Will Offer Chanel, Fendi, Prada, Other Brands

Trump Temporarily Halts Leasing and Permitting for Wind Energy Projects

5 hours ago

Fresno Man Who Dealt Deadly Fentanyl Pill Gets 80-Month Prison Term

5 hours ago

What’s Next for EVs as Trump Moves to Revoke Biden-Era Incentives?

5 hours ago

US Throws out Policies Limiting Arrests of Migrants at Sensitive Locations like Schools, Churches

5 hours ago

Visalia Police Find Man Shot Near Shopping Center. Tips Sought.

6 hours ago

Convicted Jan. 6 Rioter Benjamin Martin Still Going to Prison

6 hours ago

Is Lawsuit on Planned Reedley Job Center a ‘Shakedown’?

7 hours ago

Much of the Damage from the LA Fires Could Have Been Averted

8 hours ago

CA Sued the Tar Out of Trump the First Time Around. How Did It Do?

9 hours ago

Israel’s Top General Resigns over Oct. 7 Failures, Adding to Pressure on Netanyahu

9 hours ago

Trump Administration Directs All Federal Diversity, Equity and Inclusion Staff Be Put on Leave

WASHINGTON — President Donald Trump’s administration is directing that all federal diversity, equity and inclusion staff be put on pai...

2 hours ago

President Donald Trump signs an executive order as he attends an indoor Presidential Inauguration parade event at Capital One Arena, Monday, Jan. 20, 2025, in Washington. (AP/Evan Vucci)
2 hours ago

Trump Administration Directs All Federal Diversity, Equity and Inclusion Staff Be Put on Leave

Ichiro Suzuki in Yankee Pinstripes
5 hours ago

Baseball’s Newest Hall of Famers: Suzuki, Sabathia, Wagner

People walk past the 1900 Storm memorial sculpture on Seawall Blvd. during an icy winter storm on Tuesday, Jan. 21, 2025 in Galveston, Texas. (Brett Coomer/Houston Chronicle via AP)
5 hours ago

‘Once in a Lifetime’ Snow Hits Parts of the US South

The five turbines of Block Island Wind Farm operate, Dec. 7, 2023, off the coast of Block Island, R.I., during a tour organized by Orsted. (AP File)
5 hours ago

Trump Temporarily Halts Leasing and Permitting for Wind Energy Projects

Photo of Mexican Oxy, fentanyl laced blue pills
5 hours ago

Fresno Man Who Dealt Deadly Fentanyl Pill Gets 80-Month Prison Term

President Donald Trump talks about the Endurance all-electric pickup truck, made in Lordstown, Ohio, at the White House, Sept. 28, 2020, in Washington. (AP File)
5 hours ago

What’s Next for EVs as Trump Moves to Revoke Biden-Era Incentives?

A Border Patrol truck rides along the border wall in Sunland Park, N.M., Tuesday, Jan. 21, 2025. (AP/Andres Leighton)
5 hours ago

US Throws out Policies Limiting Arrests of Migrants at Sensitive Locations like Schools, Churches

Police are investigating after a man was found shot near a Visalia shopping center and transported to Kaweah Health.
6 hours ago

Visalia Police Find Man Shot Near Shopping Center. Tips Sought.

Help continue the work that gets you the news that matters most.

Search

Send this to a friend