An Italian man who arrived in Nigeria was confirmed as the first coronavirus case in Africa’s most populous country. And a person who returned on a flight from Iran became the first in New Zealand.
GENEVA/BEIJING - Countries on three continents reported their first cases of the coronavirus on Friday as the world prepared for a pandemic and investors dumped equities in expectation of a global recession.
“These are highly uncertain times, no one really knows the answer and the markets are really panicking.” Ratings agency Moody’s said a pandemic - usually taken to mean a disease spreading quickly in different places - would trigger global and U.S. recessions in the first half of the year.Mongolia, which has yet to confirm a case, placed its president, Battulga Khaltmaa, in quarantine as a precaution after he returned from a trip to China, state media reported.
US President Donald Trump’s administration was considering invoking special powers to expand production of protective gear.
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