Outbreak Spreads to India; WHO Mulls Global Alarm: Virus Update

(Bloomberg) — The coronavirus death toll rose to 170 and confirmed cases in China soared past 7,700, as the outbreak spread to India and the Philippines for the first time.Asian and European stocks slumped with U.S. futures amid mounting evidence that the outbreak is disrupting China’s economy. Economists have started cutting growth forecasts as authorities tighten travel restrictions and lock down cities, while companies suspend their China operations.With the disease spreading across the globe, the World Health Organization is gathering Thursday to consider issuing a health emergency.Death toll rises to 170, China cases jump to 7,711Bloomberg is tracking the outlook …read more

Source:: Yahoo Finance

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