PHOTOS-COVID19 PANDEMIC?- 12.01.2019 -Day 98: Coronavirus infections rise above 100,000 worldwide as outbreak wreaks financial havoc

An increasing number of people were asked to stay home from work, schools were closed, large gatherings and sports and music events were cancelled, stores were cleared of staples like toiletries and water, and face masks became a common sight.

The outbreak has killed more than 3,400 people and spread across more than 90 nations, with six countries reporting their first cases on Friday.

The World Health Organisation (WHO) said every country should make containing the epidemic its top priority, pointing to Iran’s national action plan to combat one of the worst outbreaks after a slow start.

Iran’s death toll from the virus jumped to 124, as more than 1,000 new cases were diagnosed over 24 hours.

In the United States, the world’s economic powerhouse, at least 57 new cases of coronavirus were confirmed as the virus struck for the first time in Colorado, Maryland, Tennessee and Texas, as well as San Francisco in California. Some 230 people have been infected in total and 12 have died.

MARKETS HIT

Yields on US Treasuries plunged to historic lows on Friday as fears the outbreak will slam the global economy drove investors to snap up risk-adverse assets and dump equities, overshadowing data highlighting a strong US labour market.

MSCI’s gauge of stocks across the globe shed 1.87 per cent and emerging market stocks lost 2.43 per cent.

LONDON/LOS ANGELES (REUTERS) –

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How lethal is the coronavirus? Experts differ over disease’s death rate

Medical workers wearing protective gear collect samples at a drive-through clinic in Goyang city, South Korea, on March 6, 2020.
Medical workers wearing protective gear collect samples at a drive-through clinic in Goyang city, South Korea, on March 6, 2020.PHOTO: EPA-EFE
Magdalene Fung – Assistant Foreign Editor

SINGAPORE – As the world enters its third month of grappling with the fast-spreading coronavirus, one question that has dogged governments and medical practitioners is exactly how dangerous the new disease is.

The World Health Organisation (WHO) this week put the Covid-19 global death rate at about 3.4 per cent – far higher than the seasonal flu’s 0.1 per cent – but US President Donald Trump has cast doubt on its accuracy.

A doctor looking at a patient’s CT scan at a temporary hospital in Wuhan on March 5, 2020. PHOTO: AFP

READ MORE: https://www.straitstimes.com/world/united-states/how-lethal-is-the-coronavirus-experts-differ-over-diseases-death-rate

The epidemic has infected more than 98,000 people worldwide and killed over 3,300 as of Friday afternoon

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THE EPICENTER: CHINA

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Mainland China has seen more than 3,000 deaths, but the epidemic is now spreading faster elsewhere. The death toll in Italy, which has suffered Europe’s worst outbreak, rose to 197.

About 3.4 per cent of confirmed cases of the new coronavirus – known as Covid-19 – have died, far above seasonal flu’s fatality rate of under 1 per cent, the WHO said this week.

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