Latest numbers: There are now more than 132,500 cases of the coronavirus and nearly 5,000 deaths worldwide, according to the World Health Organization. Over 68,000 patients have recovered globally, according to a tally by Johns Hopkins University.
European markets opened higher: European shares have opened higher today after yesterday’s huge losses. The main markets in Europe were all up, with the FTSE 100 up more than 6%, the French CAC 40 up 4% and the German Dax gained more than 3%.
Infection rate in hard-hit Asian continues to slow: Mainland China reported only eight new infections Thursday, with five in Wuhan, ground zero for the pandemic. China has reported 80,813 cases and 3,176 deaths since the outbreak began last December. More than 64,000 patients have recovered and been discharged from hospital.
South Korea, which is home to the second-biggest outbreak in East Asia, only reported 110 new cases on Wednesday — the lowest daily increase since February 22.
Meanwhile, India reported a first coronavirus-related death today, and Hong Kong recorded its fourth.
Australia takes big steps: Australian Minister Prime Minister Scott Morrison announced today the government now advises against mass gatherings of more than 500 people. Several sporting events in the country will go ahead behind closed doors.
Australia has identified more than 150 coronavirus cases, including Home Affairs Minister Peter Dutton and celebrity couple Tom Hanks and Rita Wilson.
Coronavirus fallout continues in US: Daily life in the United States has been turned upside down as the country continues to grapple with the coronavirus pandemic.
The effects now go beyond Wall Street and travel. Schools are shutting and businesses are asking employees to work from home. Mass gatherings are being called off. Sports leagues have suspended operations. Stores in some parts of the country are running low on certain goods. The novel coronavirus is, essentially, putting America on hold.
As of the end of the day Thursday, there were 1,665 cases in the US. Forty-seven states and the District of Columbia have all reported infections. Forty-one people have died.
Canada’s first lady tests positive: Canadian Prime Minister Justin Trudeau’s wife, Sophie Grégoire Trudeau, tested positive for coronavirus, according to a statement from Trudeau’s office. She is feeling well, only has mild symptoms, and will remain in isolation, the statement said.