Market Pukes As California Governor Says State 'Monitoring' 8,400 For Coronavirus; 33 Have Tested Positive; In New York, 700 Asked To 'Self-Isolate': Live Updates
by Tyler Durden
Thu, 02/27/2020 - 14:57
Summary:
- WHO says outbreak in Iran likely worse than official numbers suggest; outbreak could go in "any direction"
- Cali monitoring 8400, 28 cases in the state
- Dozens of hospital staffers who treated US coronavirus patient with 'unknown' origin being 'monitored'
- Facebook cancels annual 'F8' developers' conference
- 700 in New York asked to 'self-isolate'
- Iran confirms 26 deaths, vice president for women and family affairs infected
- The Netherlands has confirmed its first case
- Northern Ireland confirms first case
- Norway confirms three new cases
- Germany confirms 14 new cases
- Lagarde: Not yet time for ECB to intervene to fight economic backlash of outbreak
- HHS says risk to public remains "low"
- Italy reports 3 more deaths, bringing total to 17; total cases hit 650
- Pence, Azar appoint Mnuchin, Kudlow & Surgeon General Adams to Coronavirus Task Force
- Starbucks says it has reopened 85% of Chinese restaurants
- Azar: Sonoma case might be 'community transmission'
- Salvini meets with Italian president amid national unity government speculation
- South Korean new cases surpass China's new cases as SK confirms 505 new cases
- China, Japan close school nationwide
- CDC fears 'community outbreak' in Sonoma County after discovering first US case of "unknown origin"
- CDC says patient from Solano county
- Saudi Arabia suspends pilgrimages to Holy Sites
- Hawaiian Airlines suspends service to South Korea
- Brazil's neighbors take steps to keep virus out
* * *
Update (1535ET): Robert Redfield told Congress on Thursday that the CDC revised its definition for "persons under investigation". In other words, the US is possibly taking a play out of China's playbook to limit the numbers of people declared to be 'under surveillance'.
- CDC DIRECTOR REDFIELD TELLS CONGRESS THAT CDC REVISED ITS CASE DEFINITION FOR "PERSONS UNDER INVESTIGATION" FOR CORONAVIRUS
This comes after the NYT reported earlier on Thursday that the patient in California with the case of "unknown origin" wasn't tested for days because of restrictive federal criteria.
* * *
Update (1520ET): The Netherlands has confirmed its first case.
* * *
Update (1515ET): Mike Pence, the new captain of Trump's virus-response team, said that according to the government's "best estimate", the virus threat remains low.
If you keep saying it, it will come true.
* * *
Update (1450ET): 700 people in New York have been asked to 'self-isolate' for two weeks because of coronavirus fears, according to the New York State Health Department.
Over in Italy, Angelo Borelli, the head of the Italian Civil Protection, said 650 people have now tested positive for the virus as total cases increased by roughly 50% on Thursday.
Explaining the sudden jump, Borelli blamed Lombardy for not "properly updating" the Italian Civil Protection Agency - in effect, confirming that local officials were hiding or concealing cases, whether deliberately or inadvertently.
"The big jump from yesterday (Wednesday) is because yesterday we didn’t have the latest numbers from Lombardy," he said.
Some 35,000 masks have been sent to the affected areas, he added.
* * *
Update (1430ET): The Modesto Bee reports that UC Davis Medical Center in Sacramento, the hospital where the mysterious coronavirus patient with no link to China is being treated, has told several workers exposed to the virus to stay home and watch for symptoms.
Below, we reported some of the comments from Gov. Newsom's 11 am PT presser. He also insisted that the chances of an outbreak in California are "extremely low", and that the state is not planning on making an emergency declaration.
"Right now, I don't think it's necessary," he said.
Otherwise, the paper added, it's just "business as usual" at the UC Davis Medial Center (we're sure the thousands of freaked-out patients and staff would agree).
The hospital first became entangled in the crisis after local and federal health officials confirmed that the facility on Stockton Boulevard was treating the first US case of COVID-19 from an unknown origin.
* * *
Update (1405ET): France has reported its 38th case, as 20 new confirmations are announced.
- FRANCE NOW HAS 38 CONFIRMED CASES OF CORONAVIRUS - FRENCH HEALTH MINISTER
* * *
Update (1355ET): Norway has confirmed three more cases as the flow of coronavirus news accelerates dramatically.
Finally, some good news on Thursday: Apple CEO Tim Cook says he believes China is getting the coronavirus outbreak under control: "It feels to me that China is getting the coronavirus under control" during interview with Fox Business Network's Susan Li.
* * *
Update (1250ET): Minutes after Newsom's disturbing confirmation, the Trump Administration, in an obvious attempt to pump the market, leaked their plans to use the 'Defense Production Act' to force American companies to start manufacturing protective masks and other medical supplies.
More- https://www.zerohedge.com/geopolitic...ses-surpassing
Originally Posted by Hoppalong
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