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The decision to scrap the F1 Australia Grand Prix just before it got underway was met with boos from spectators. The PGA Tour teed off without fans, then canceled the Players Championship after one round. It’s one of few major sporting events still unaffected by coronavirus fears. Organizers are downsizing the torch arrival ceremony but are committed to the Games going ahead. Trump has become the first world leader to suggest postponing this summer’s Olympics in Tokyo. The case of a man who boarded a JetBlue flight while awaiting his coronavirus results – only to find out he tested positive halfway between New York and Florida – hasn’t helped to allay concerns. Travelers are increasingly on edge, as other countries issue US-style bans, flights are canceled and events suspended. The ban – which only applies to foreign nationals, not American citizens – has triggered widespread confusion, extortionate re-booking fees and frantic Googling. “I see Americans crying at the airport right now worried about their jobs and coming home,” said one California man who was scrambling to find flights back from Spain before Trump’s travel ban on 26 European countries comes into force tonight at 11:59 p.m. US stocks futures advanced and some European markets bounced back today after their worst day in history yesterday. But many benchmarks traced back some of their losses by the end of trading. Major indexes across Asia-Pacific plunged in early trading, prompting some exchanges to activate circuit breakers and bring trading to a temporary halt. A historic sell-off eased this morning as nervous investors looked to central banks and governments for support as the economic costs of the outbreak continued to mount, Jill Disis and Laura He write. “Virtually everyone is scratching their heads at the moment,” said Stephen Innes, global chief markets strategist at AxiCorp, reacting to signals that global stocks were pulling back from the brink after Wall Street suffered its worst day since 1987.

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Lindsey Graham, a close ally of Trump, has become the latest lawmaker to self-quarantine, as negotiators try to iron out differences on a legislative aid package for Americans that is expected to include paid leave, expanded food assistance, extended unemployment insurance and free coverage for coronavirus testing. Trump’s remarks yesterday were so thoroughly inaccurate it was a challenge to figure out which to fact check first, though Daniel Dale took a stab at it here.Ī source close to Trump, however, did tell CNN that the President is indeed concerned about coming into contact with people who have contracted the virus, including a Brazilian official who tested positive days after meeting Trump at Mar-a-Lago. Trump worries as Congress wrangles over aid packageĪ day after sparking confusion with his travel ban announcement, President Donald Trump falsely claimed that anybody returning to the US from Europe would be tested for the virus. But there are concerns about what will happen when hundreds of millions of Chinese citizens are allowed out of quarantine and back to work.

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And there is still no coordinated global plan for how to tackle the outbreak.Īs global cases top more than 130,000, the new number of cases in China dwindled into single digits today.

Many officials are now remote working – including Canadian Prime Minister Justin Trudeau, who is in self-isolation after his wife contracted the virus.

Politicians on four continents have either tested positive for the disease or put themselves in quarantine.

The virus has also breached the world’s inner sanctums of power, showing that no one is beyond its reach. Investors are craving a more ambitious plan to tackle the crisis, and there are hopes that they could soon get that reassurance, as the US nears a deal on an economic aid package and central banks across Asia prepare to discuss similar relief next week. Global markets suffered their worst losses yesterday since Black Monday in 1987 after the Trump administration announced a European travel ban. Baseball, basketball, hockey, soccer and golf have been suspended or delayed, while Europe’s richest soccer leagues have halted play as more players test positive for the virus. In the US, schools are being closed, large gatherings are being banned, and public places are being shuttered. From Space Mountain to Mount Everest, New York’s Broadway to the English Premier League, countries and companies across the world are ordering shutdowns to halt the spread of the coronavirus pandemic – and that’s just in the past 24 hours.