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Coronavirus Pummels Financial Markets As Deadly Outbreak Rages - Foreign Affairs - Nairaland

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Coronavirus Pummels Financial Markets As Deadly Outbreak Rages by Righteousness89(m): 10:33am On Feb 28, 2020
Fears that a coronavirus pandemic could tip the world economy into recession sent global stocks into a tailspin Friday, with markets on track for their worst week since the financial crisis.
European markets fell sharply in early trading, led by losses in the travel and resources sectors. Earlier, benchmark indexes in Tokyo, Hong Kong and Shanghai all slumped, despite indications that the coronavirus outbreak may be slowing in China.

But new cases of the virus continued to surge outside of China, which on Friday announced 327 new cases and 44 deaths. South Korea’s tally surpassed 2,300, while countries from New Zealand to Belarus confirmed their first cases, among almost 50 nations now afflicted, as governments respond by shutting schools and canceling events. A day earlier, infections soared in Europe and the Middle East, while the first known case in sub-Saharan Africa was confirmed in Nigeria.

Here are the latest developments:

Stocks in Europe and Asia tanked as the specter of prolonged economic disruption haunted investors. Japan’s Nikkei index ended 3.7 percent lower.

There looked set to be far more coronavirus cases confirmed outside China, the epicenter of the crisis, than within it. China announced 327 new cases and 44 deaths. South Korea announced 571 new cases Friday, bringing its total to 2,337, while New Zealand announced its first case.

President Trump tweeted that the virus was spreading “very slowly in the U.S.” and suggested his political opponents were blaming him for the outbreak.

Organizers of the Tokyo 2020 Olympics said they would announce next week how they plan to hold the torch relay, which is likely to be scaled down. On Thursday, Japan asked schools to close until early April.

https://www.washingtonpost.com/world/2020/02/28/coronavirus-live-updates/?outputType=amp
Re: Coronavirus Pummels Financial Markets As Deadly Outbreak Rages by Righteousness89(m): 10:45am On Feb 28, 2020
Personally, I have come to understand that this World Cannot get better .. except you wanna DECIEVE yourself.....

You Cannot go against your Owner and have things your way..

So many innocent bloods have been shed. Killings for Believing in JESUS Christ, killings in wars, killings in abortions, Ritual killings, etc.
The Heart of Man is Desperately Wicked..

The World is Folding up...

The Truth is that we are yet to see anything...
Once JESUS Christ breaks through and takes out His people, then this World will witness Wickedness and Tribulations such as has never been...

These Events should draw us closest to GOD ALMIGHTY.. There is nothing to be scared of Especially if you Have Accepted JESUS CHRIST. But if you don't have JESUS, you have everything to be Scared of.

My Prayer Everyday is that All men and Women Come to Accept JESUS Christ so as to avoid the Destruction coming on this Earth ..

May GOD Give us Understanding

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