Corona Virus: WHO increases Global threat; US postpones ASEAN; Geneva International Motor Show Cancelled

The COVID-19 (Corona Virus), that began in China has now spread to more than 45 countries. Outside China, South Korea has the highest number of COVID-19 victims.

Highlights

On February 29, 2020, the World Health Organization increased the global risk of COVID-19. This was because the endemic has now spread to sub-Saharan Africa and has plunged financial markets. WHO also says that more than 20 vaccines for the virus are under development globally.

India has banned travel to China and Iran. Several airlines have restricted their flights to Hong Kong and Singapore.

The stock markets have weakened to their lowest levels since the global financial crisis 2008.

US postpones ASEAN

The United States has postponed the ASEAN summit to March 14, 2020 due to the corona virus outbreak. Today, confirmed Corona Virus cases in the United States is 60.

Geneva International Motor Show

The Geneva International Motor Show one of the biggest annual auto-show circuit has been cancelled amid Corona Virus fears. The show brings in innovation and experiences.

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