Fra Zerohedge:
Summary:
- UK confirms first two coronavirus cases after multiple scares
- Confirmed cases in China rise to 9,692 from 7,700 a day earlier
- Risk-off mood hits stocks
- Impact of virus “not fully reflected” in rigged China PMI number
- At least two-thirds of China’s economy to stay shut.
- Goldman disagrees with Ross, says virus blowback will wipe 0.4% off US GDP growth
- ‘The U.K. health department confirmed two cases of coronavirus in England on Friday, while the U.S. and Japan advised citizens to avoid traveling to China.
- Hong Kong schools shuttered until March 2
- Singapore closes borders to Chinese travelers, first southeast Asian nation to do so.
- More than 43 airlines cancel flights to China
- France successfully evacuates citizens
- 1,000 suspected virus cases ‘under observation’ in India
- Confirmed cases near 10,000 as Russia confirms 2
- JPM cuts global growth forecast
- United and Delta allow pilots to decline trips
- Delta expands China cancellations through April
- Research suggests 75,800 infected in Wuhan
- Iran cancels flights to and from China
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Update (1045ET): After its pilots’ union sued the airline to try and force cancellations, American has acquiesced and joined Delta in cancelling all flights to and from China, though the exact timeframe of the cancellations hasn’t yet been reported. Analysts expect the airline will wait a week to start cancelling flights to give customers a way out of China.
CNBC Now✔@CNBCnow
BREAKING: American Airlines to also halt all U.S.-China flightshttp://cnbc.com/id/106366995
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Update (1030ET): More videos of China’s ghost-like roads and public transit platforms have reached twitter.
@kinkumpoop
Subway completely empty at 1:30pm in Beijing. Kind of creepy #coronarvirus #WuhanCoronovirus
Meanwhile roads are being blocked leading out of Wuhan.
Gabe@Lmaooitsnot only airports and trains but even the roads going in and out of Wuhan, China. Dude something is way more fucked about about this corona virus then we actually think.
Not wearing a mask in public has been banned.
Bai@n1Qm6RAIvI8VS1U#Wuhan #coronavirus
in China,A railway policeman inD5319 train found a woman without a mask (which is banned)and she tried to cover her face with clothes. She explained that she couldn’t buy a mask which is in short supply,crying. so he gave her a one and comforted her.
Considering it doesn’t have the resources to combat the virus should it arrive, Iran is cutting off all flights to and from China indefinitely due to the outbreak.
That’s right: Iran cancelled flights before the US.
CNBC reported that travel on Beijing’s public transit shrank 84% from a year earlier on Jan. 30, given that it’s traditionally the first day after the LNY holiday.
The NYT published the following chart comparing the official infectiousness of the Wuhan virus with other recent pandemics.
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