29 Feb 2020; MEMO: The rapid spread of the coronavirus increased fears of a pandemic on Friday, with six countries reporting their first cases and the World Health Organization (WHO) raising its global spread and impact risk alert to “very high”, Reuters reports.
World shares fell again, winding up their worst week since the 2008 global financial crisis and bringing the global wipeout to $6 trillion.
Hopes that the epidemic that started in China late last year would be over in months, and that economic activity would quickly return to normal, have been shattered.
WHO chief Tedros Adhanom Ghebreyesus said his organization was not underestimating the risk.
“That is why we said today the global risk is very high,” he told reporters in Geneva. “We increased it from ‘high’ to ‘very high’.”
WHO spokesman Christian Lindmeier said the scenario of the coronavirus reaching multiple or all countries “is something we have been looking at and warning against since quite a while.”
Switzerland joined countries banning big events to try to curb the epidemic, forcing cancellation of next week’s Geneva international car show, one of the industry’s most important gatherings.
Tedros said mainland China had reported 329 new cases in the last 24 hours, the lowest there in more than a month, taking its tally to more than 78,800 cases with almost 2,800 deaths.
China’s three biggest airlines restored some international flights and the Shanghai fashion show, initially postponed, went ahead online.
But as the outbreak eases in China, it is surging elsewhere.
Mexico, Nigeria, Estonia, Denmark, the Netherlands and Lithuania reported their first cases, all with travel history connected to Italy, the worst-affected European country. Mexico is the second Latin American country to register the virus, after Brazil.
Countries other than China now account for about three-quarters of new infections.
Bulgaria said it was ready to deploy up to 1,000 troops and military equipment to the border with Turkey to prevent illegal migrant inflows as it steps up measures against the coronavirus. It has not reported any cases.
Mongolia, which has yet to confirm a case, placed its president, Battulga Khaltmaa, in quarantine as a precaution after he returned from a trip to China, state media reported.
A Chinese official said some recovered patients had been found to be infectious, suggesting the epidemic may be even harder to eradicate than previously thought.
Lindmeier said the WHO was looking very carefully into reports of some people getting re-infected.
In addition to stockpiling medical supplies, some governments ordered schools shut and cancelled big gatherings to try to halt the flu-like disease.
US President Donald Trump’s administration was considering invoking special powers to expand production of protective gear.
In Europe, Germany warned of an impending epidemic and Greece, a gateway for refugees from the Middle East, announced tighter border controls.
The death toll in Italy rose to 17 and those testing positive rose to 655. Germany has nearly 60 cases, France about 38 and Spain 23, according to a Reuters count.