Stocks savaged, bars deserted, prisons in uproar as coronavirus spreads

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Stocks savaged, bars deserted, prisons in uproar as coronavirus spreads
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Italy’s prime minister vowed ‘massive shock therapy’ to beat the coronavirus and urged Europe to act decisively after markets plunged and his country sealed off much of its wealthy industrial north

ROME - Deserted bars, reeling share dealers and rioting prisoners made clear on Monday how the global coronavirus epidemic was extending its reach into all aspects of social and economic life.

Deaths in Milan’s Lombardy region - where cinemas, theaters and museums are closed, sporting events suspended and restaurant hours restricted - jumped 25% in a day to 333, while the national death toll soared by 97 to 463, the highest in the world after China. “It would be the first pandemic that could be controlled,” Tedros added. “The bottom line is we are not at the mercy of the virus.”In the United States, which has reported 566 cases including 22 deaths, the administration scrambled on Monday to assure Americans it was responding to the outbreak as stock markets plunged and top health officials urged some people to avoid cruise ships, air travel and big public gatherings.

Britain, with five deaths from almost 300 confirmed cases, said it would remain in that phase for now, allowing major gatherings and sporting events to continue, while making extensive preparations to move to the “delay phase”.See more stories In Spain, schools were closed in the town of Labastida near Vitoria in the Basque country after nearly 150 cases of coronavirus were identified nearby out of around 1,000 nationwide.In the Gulf region, where most cases stem from travel from Iran, the emphasis has been on border control. Saudi Arabia said it would fine people who did not disclose health information and travel details at entry up to $133,000.

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