Coronavirus live updates: WHO warns world is 'dangerously unprepared' for pandemic, HHS says may tap more funds
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Summary
"The oil market has been subject to many supply shocks over recent years, but an acute demand shock has not been felt since the 2008 financial crisis," RBC's Michael Tran said in a note to clients, adding that the coronavirus has "roiled the oil market." China is the world's largest oil importer and the second-largest oil consumer, so a demand slowdown could have a big impact on prices.Princess Cruises said it is holding a ship for 24 hours while Japanese health authorities assess the 3,700 passengers and crew on board. Upon arrival in the U.S., Dr. Nancy Messonnier, director of the National Center for Immunization and Respiratory Diseases, said those passengers will be quarantined for 14 days.While the new coronavirus ravages much of China and world leaders rush to close their borders to protect citizens from the outbreak, the flu has quietly killed 10,000 in the U.S. so far this influenza season. At a World Health Organization executive board meeting in Geneva, Tedros urged the 196 member countries to "invest in preparedness," not "panic." He said funding for outbreak preparedness in surrounding countries "has remained grossly inadequate" in the past.Apple stock has been knocked off its all-time high of $324.34 per share amid concerns that the coronavirus outbreak will disrupt company operations in China.
As said here by Berkeley Lovelace Jr.