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Monday, February 24, 2020

Brief Covid 19 Update, 2/24/20

Via Zerohedge:

  • First cases reported in Oman, Bahrain
  • Italy reports sixth death; confirmed cases >200
  • WHO kowtows to China in statement
  • Wuhan issues order to loosen lockdown, then U-turns
  • NHC says outbreak is fading, though situation remains "grim"
  • Iranian lawmaker says more than 50 deaths in Qom; officials say 12
  • Hong Kong bars South Koreans
  • more cases reported in SK

IOW, the virus appears to be spreading from Iran to surrounding Middle East countries. The Chinese government admits the situation in Wuhan remains "grim." Surrounding East Asian countries are beginning to take measures against the spread coming from South Korea. Not included in the summary, I read that Austria closed its border with Italy.

Global travel and trade will be hit hard.

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