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Tag: Global

Coronavirus: Shares face worst week since global financial crisis

Coronavirus: Shares face worst week since global financial crisis

Business
Stock markets across the globe are suffering their worst week since the global financial crisis of 2008 as fears over the impact of the coronavirus continue to grip investors.Markets in Europe fell sharply on Friday morning, with London's FTSE 100 index sinking more than 3%.Asian markets saw more big falls, while in the US, the Dow Jones recorded its biggest daily points drop on Thursday.Investors are worried the coronavirus impact could spark a global recession.The news of more coronavirus cases, notably in Italy, has raised concerns of a much larger economic effect than previously expected. In an interview with Sky News, Bank of England governor Mark Carney warned that the coronavirus outbreak could lead to a downgrade of the UK's economic growth prospe...
Coronavirus poses greater global threat than terrorism, WHO warn

Coronavirus poses greater global threat than terrorism, WHO warn

World
The coronavirus is "the worst enemy you can ever imagine" and poses a greater global threat than terrorism, the World Health Organisation has warned.Urging the world to "wake up" and be as aggressive as possible in tackling the outbreak, the UN health agency has given a new name to the disease that has sickened more than 44,600 people. It is now going to be officially known as COVID-19 - CO stands for corona, VI for virus, D for disease and 19 for the year it emerged. Image: Leading doctors say the coronavirus must be treated as 'public enemy number one' Chinese health officials have expressed hope that the outbreak will be over in April, but the head of the World Health Organisation was far less optimistic.Dr Tedros Adhanom Ghebreyes...
What is a global health emergency and how could it affect you?

What is a global health emergency and how could it affect you?

World
The World Health Organisation (WHO) has declared the coronavirus outbreak a global public health emergency after the deaths of 170 people in China and the spread of the disease across the globe.The decision came in the WHO's third meeting to discuss the crisis, after it previously declined to take such a step. What is a global health emergency?Officially called a Public Health Emergency of International Concern (PHEIC), it is defined as "an extraordinary event" that poses a public health risk through the international spread of disease which could require an international response. Image: A worker in a protective suit disinfects the Dongxinzhuang village in Shandong province It suggests a situation that is "serious, sudden, unusual or...
Coronavirus deaths rise sharply as global emergency is declared

Coronavirus deaths rise sharply as global emergency is declared

World
The number of people who have died from the coronavirus has risen sharply to 213 - hours after the outbreak was declared a global public health emergency.Chinese health officials have said that 9,692 people have now contracted the illness. This is an increase of 1,981 cases and 81 deaths since Wednesday. WHO chief: We don't know what damage virus could do The World Health Organization (WHO) has now declared that ...
WHO declares coronavirus a global public health emergency

WHO declares coronavirus a global public health emergency

Health
Jan. 30 (UPI) -- World Health Organization officials on Thursday declared the 2019 novel coronavirus outbreak a public health emergency of international concern. The announcement was made following an hours-long meeting of the WHO's Emergency Committee. The move was expected after the agency opted against making the declaration last week. "Over the past few weeks, we have witnessed the emergence of a previously unknown pathogen and witnessed an unprecedented outbreak," said WHO Director-General Tedros Adhanom. "We must all act together now to limit further spread." There have been 7,766 confirmed cases of coronavirus in China thus far, with 170 deaths. Officials in the United States on Thursday announced the first person-to-person transmission of the virus in the country, bringing the to...