Japan and the United States prepare evacuations of the epicenter of China’s virus

Japan and the United States prepared on Wednesday to transport hundreds of their citizens from the zero zone of China’s deadly virus epidemic, which has so far claimed more than 100 lives.

More than 50 million people have been locked in and around Wuhan, the central industrial city where the outbreak began, in an attempt by authorities to stop an infection that has since spread to more than 15 countries.

Thousands of foreigners are effectively trapped in the area, and many countries are developing plans to evacuate their citizens.

Chinese President Xi Jinping called the virus “demon” during Tuesday’s talks with the head of the World Health Organization in Beijing, and promised a “timely” publication of updates on the crisis.

Chinese President Xi Jinping speaks during a meeting with the head of the World Health Organization, Tedros Adhanom Ghebreyesus (not pictured) in the Great Hall of the People in Beijing: he described the epidemic as “demon”

Read more: China records the first death by coronavirus in Beijing while the number rises to 106

But the United States questioned the transparency of Beijing and urged the country to show “more cooperation” amid growing global fears about a new coronavirus that has infected more than 4,500 people in China and dozens more elsewhere.

Japan sent a first plane to pick up its Wuhan citizens Tuesday night. The plane was due to return to Tokyo on Wednesday morning.

About 200 people are expected to be on board the first flight, of about 650 Japanese citizens in the area who have said they want to be repatriated.

“We will continue to take all possible measures to bring all people home with the hope of returning to Japan,” Prime Minister Shinzo Abe told lawmakers on Tuesday, according to Jiji Press.

Officials will be on board the plane to monitor passengers during the return flight, but there are no plans to isolate those arriving from Wuhan.

“We will carry out a quarantine on board upon return,” an official with the Japanese health ministry told AFP.

– Rising response of nations –

An American charter flight is also expected to leave the city on Wednesday for an airport in the Los Angeles area.

The plane will transport personnel from the local US consulate. UU., As well as some US citizens, who will be asked to reimburse the cost of their flights.

“These travelers will be carefully selected and monitored to protect their health, as well as the health and safety of their fellow Americans,” said State Department spokesman Morgan Ortagus.

The Alaska Department of Transportation said earlier this week that the flight would stop to refuel in the US state. UU. And transport 240 Americans.

The European Union will take its citizens aboard two French planes this week, and South Korea should do the same. Several other countries were evaluating their options.

The United States and several other countries have urged their citizens to “reconsider” all trips to China.

– “Serious fight” –

Many streets in Beijing are almost empty amid fears about the coronavirus epidemic: with the death toll above 100, China and foreign governments are taking steps to try to contain it.

Chinese President Xi Jinping said his country was fighting a “serious fight” against the “demon” epidemic during talks with WHO chief Tedros Adhanom Ghebreyesus in Beijing on Tuesday.

China has extended its Lunar New Year holidays to keep people indoors as much as possible, and suspended a wide range of train services.

After the Xi-Tedros talks, WHO said the two sides agreed to send international experts to China “as soon as possible … to guide the global response efforts.”

“Stopping the spread of this virus both in China and worldwide is the top priority of WHO,” said Tedros.

Until Tuesday, all cases reported in more than a dozen countries had involved people who had been in or around Wuhan, but Japan and Germany reported the first person-to-person infections outside of China.

Some experts praised Beijing for being more reactive and open about this virus compared to its management of the Severe Acute Respiratory Syndrome (SARS) epidemic of 2002-2003.

But others say that local cadres had previously focused more on projecting stability than responding to the outbreak when it began to spread earlier this month.

Since then, the number of cases has skyrocketed, doubling to more than 4,500 in 24 hours until Tuesday.

The United States said Tuesday it was working on a vaccine, but it would take months to develop it.

The Secretary of Health and Human Services, Alex Azar, asked Beijing to show “more cooperation and transparency”, saying that the United States had offered its help three times, until now without success.

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Actions crumble as China’s toll increases, demand for safe shelters

SYDNEY: Asian stocks extended a global liquidation on Tuesday when China took more drastic measures to combat a new deadly coronavirus, while bonds shone on expectations that central banks would have to maintain the stimulus to offset the likely economic burden.

When the death toll reached 106 in China, some health experts questioned whether Beijing can contain the virus that has spread to more than 10 countries, including France, Japan and the United States. So far no deaths have been reported outside of China.

China has already extended the Lunar New Year holidays to February 2 nationwide and to February 9 to Shanghai. On Tuesday, the country’s largest steel city in the northern Hebei province, Tangshan, suspended all public transportation in an effort to prevent the spread of the virus.

With the closure of Chinese markets, investors were selling the offshore yuan CNH = and the Australian dollar AUD = D3 as a proxy for risk. Oil was also under pressure as fears about the wider consequences of the virus increased.

The largest MSCI index of Asia-Pacific stocks outside of Japan .MIAPJ0000PUS fell 1% in the first Asian operations on Tuesday. Japan’s Nikkei .N225 fell 0.9%, Australian shares stumbled 1.4% and South Korea’s Kospi index .KS11 slipped 3%.

“The wild card is not the death rate, but how infectious the Wuhan virus is,” Citi economists wrote in a note.

“The economic impact will depend on how successfully this outbreak is contained.”

Analysts said that travel and tourism would be the most affected sectors along with retail and liquor sales, although health services and online purchases were considered to have superior performance.

On Monday, key indices for British, French and German equity markets fell more than 2%, as did pan-European markets because of concerns about the possible economic impact of the deadly virus. Shares on Wall Street fell more than 1%.

E-Mini futures for the S&P 500 ESc1 reversed some of the losses after falling 1.6% overnight due to its largest single-day percentage loss since last October. They were until the last 0.25%.

Investors were still trying to determine the potential impact of the coronavirus, since it would be at least a couple more months before the official economic data were published.

“How do we fully assess the risk, if we have such limited visibility of how bad this could be, not only in terms of contagion, but also the impact this will have on the economy?” Said Chris Weston, Pepperstone runner strategist .

JPMorgan analysts said the coronavirus outbreak was an “unexpected risk factor” for the markets, although they see contagion as a regional shock rather than a global one.

“The increase in risk aversion and the worry of a demand shock across the region … means that the market reaction will probably enrich low-yield government bonds,” JPMorgan analysts wrote in a note.

“Concerns about the spread of the coronavirus have reduced yields and it is the last risk of a series that has boosted the US Treasury (UST) yields well below what the fundamentals indicate. We remain short UST of 30 years. “

10-year Treasury bonds yield US10YT = RR sank as deep as 1,598% on Monday, the lowest since October 10. The two-year returns on paper US2YT = RR also fell sharply while Fed fund futures <0#FF:> It recovered when investors assessed the risk of a rate cut later this year.

Futures involve about 35 basic relaxation points for FEDWATCH at the end of the year. The Federal Reserve is expected to remain firm at its policy meeting this week, but markets will be sensitive to any changes in their economic outlook.

The Australian and New Zealand bonds won on Tuesday as did the Japanese government bonds (JGB) with yields in the JGB at 10 years set for their fourth consecutive day of losses. JP10YT = RR

JPMorgan said they have not yet altered their forex forecasts for developed or emerging markets, although they were taking gains in their “bullish” EUR / USD positions and remain “considerably long” in Swiss francs that benefit from the demand for safe haven.

The brief accumulation in the Australian was another risk coverage. The currency fell 0.1% for the last time to $ 0.6752, on its way to its third consecutive day of losses.

The euro EUR = remained stable at $ 1.1018.

The JPY = yen, which has been increasing over the past five sessions, fell slightly to 108.98 per dollar.

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China’s virus deaths rise to 80 when Hong Kong bans Wuhan visitors

SHANGHAI: The death toll from China’s new coronavirus grew to 80 on Monday when residents of Hubei province, where the disease originated, were banned from entering Hong Kong amid global efforts to stop the rapid outbreak propagation

The number of deaths from the flu-like virus in Hubei province increased from 56 to 76 overnight, health commission officials said, with four deaths elsewhere. The total number of confirmed cases in China had increased by approximately 30% to 2,744.

The futures of the e-mini S & P500 of the USA. UU. More than 1% fell in Asian trade on Monday due to growing concerns that the outbreak of the virus could seriously affect the Chinese economy, an engine of global growth.

At the start of the Asian trading day, New Zealand shares fell with travel and tourism related actions among the worst performers, as the speed of the outbreak spread aroused the alarm about its future impact on the movement.

The Chinese cabinet said it would extend the Lunar New Year’s weekend vacations by three days until February 2 in an attempt to curb the spread of the virus. The city of Wuhan, in Hubei, the epicenter of the outbreak, is already under virtual blockade, with severe movement restrictions in other Chinese cities.

Beijing has called for transparency in crisis management, after public confidence was eroded by the cover-up of the spread of SARS, a coronavirus that originated in China and killed almost 800 people worldwide in 2002 and 2003 .

The newly identified coronavirus has created an alarm because much is still unknown about it, how dangerous it is and how easily it spreads among people. It can cause pneumonia, which has been fatal in some cases.

The virus, which is believed to have originated in a seafood market in Wuhan that illegally sold wildlife, has already spread to cities such as Beijing and Shanghai.

HONG KONG BAN, GLOBAL EXAM

The World Health Organization (WHO) last week did not call the outbreak a global health emergency, but some health experts question whether China can contain the epidemic.

WHO Director General, Tedros Adhanom Ghebreyesus, said on Saturday he was heading to Beijing to meet with officials and health experts dealing with the coronavirus.

“My colleagues at @WHO and I would like to understand the latest developments and strengthen our partnership with China to provide greater protection against the outbreak,” he said on Twitter.

Hong Kong, ruled by Chinese, has six confirmed cases and said it would ban Monday’s entry to people who visited Hubei Province in the last 14 days. The ban does not apply to Hong Kong residents.

Airports around the world have intensified China’s passenger control, although some health officials and experts have questioned the effectiveness of these efforts.

France, Italy, Japan and the United States said they were working to evacuate Wuhan citizens.

France said it hoped to repatriate a few hundred of its 800 citizens living in the Wuhan area. Evacuees would have to spend 14 days in quarantine to prevent the spread of the virus in France.

Hubei Governor Wang Xiaodong told a news conference on Sunday that he felt “agonizing” and responsible for the outbreak. He described the situation as severe and said medical supplies were still scarce.

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The number of deaths from viruses in China increases to 41, more than 1,300 infected worldwide

BEIJING: China said 41 people have died from a new coronavirus that has infected more than 1,300 people worldwide, while health authorities around the world strive to prevent a global pandemic.

The total number of confirmed cases in China is now 1,287, the National Health Commission said in a statement on Saturday.

The list of dead has increased from 26 reported on Friday. All the latest deaths occurred in Wuhan, the epicenter of the outbreak that has been in virtual quarantine while China struggles to contain the spread of the virus.

The vast majority of cases and all deaths confirmed to date have occurred in China, but the virus has also been detected in Thailand, Vietnam, Singapore, Japan, South Korea, Taiwan, Nepal, France and the United States.

Person-to-person transmission has been observed in the virus, which health authorities believe originated from a market in Wuhan that traded illegally with wildlife.

The World Health Organization (WHO) declared the new coronavirus an “emergency in China” this week, but failed to declare it of international concern. However, the virus continues to spread worldwide: the French authorities reported the first confirmed cases of Europe on Friday night.

Read more: First case of coronavirus diagnosed in Pakistan: sources

Wuhan, a city of 11 million and the capital of the central province of Hubei, is in virtual closure. Almost all flights at Wuhan airport have been canceled and checkpoints block the main roads that leave the city. Since then, authorities have imposed similar blockades in more than 10 cities near Wuhan as part of the ongoing containment effort.

As Wuhan falls into isolation, pharmacies have begun to run out of supplies and hospitals have been flooded with nervous residents. The city is rushing to build a 1,000-bed hospital by Monday, state media said.

The newly identified coronavirus has created alarm because there are still many unknowns surrounding it, how dangerous it is and how easily it spreads among people.

It can cause pneumonia, which has been fatal in some cases.

Symptoms include fever, shortness of breath and cough. The majority of deaths have been in elderly patients, many with pre-existing conditions, WHO said.

Airports around the world have intensified China’s passenger control, although some health officials and experts have questioned the effectiveness of such controls and the blockade.

Health officials fear that the transmission rate may accelerate as hundreds of millions of Chinese travel to their homes and abroad during a week’s holiday for the Lunar New Year, which began on Saturday.

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China virus demise toll mounts to 25, infections unfold

BEIJING: A brand new coronavirus has killed 25 individuals in China and contaminated greater than 800, the federal government mentioned on Friday, because the World Well being Group declared it an emergency however stopped in need of declaring the epidemic of worldwide concern.

China’s Nationwide Well being Fee mentioned 830 instances had been confirmed thus far and 25 individuals had died as of Thursday. A lot of the instances are within the central Chinese language metropolis of Wuhan, the place the virus is believed to have originated late final yr.

Non-fatal instances have been present in not less than seven different international locations.

Well being officers concern the transmission fee may speed up as tons of of tens of millions of Chinese language journey at residence and overseas throughout week-long holidays for the Lunar New 12 months, which begins on Saturday.

Nonetheless, it was a “bit too early” to think about the outbreak a “Public Well being Emergency of Worldwide Concern,” WHO Emergency Committee panel chair Didier Houssin mentioned after the physique met in Geneva. Such a designation would have required international locations to step up the worldwide response.

“Make no mistake, although, that is an emergency in China,” mentioned WHO chief Tedros Adhanom Ghebreyesus.

“It has not but change into a worldwide well being emergency. It might but change into one,” he mentioned.

Scrambling to comprise the outbreak, the native authorities in Wuhan, a metropolis of 11 million individuals in Hubei province, suspended most transport on Thursday, together with outgoing flights, and folks have been advised to not depart. Hours later, neighboring Huanggang, a metropolis of about 7 million individuals, introduced comparable measures.

“The lockdown of 11 million individuals is unprecedented in public well being historical past,” mentioned Gauden Galea, the WHO’s consultant in Beijing.

The group mentioned, nonetheless, that it was not but recommending any broader restrictions on journey or commerce.

The beforehand unknown virus pressure is believed to have emerged from illegally traded wildlife at an animal market in Wuhan.

It has created alarm as a result of there are a variety of unknowns surrounding it. It’s too early to know simply how harmful it’s and the way simply it spreads between individuals.

There isn’t a vaccine for the virus, which may unfold via respiratory transmission. Signs embody fever, issue respiratory and coughing.

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Oil costs fall for third day amid rising concern over China virus

TOKYO: Oil costs fell to their lowest in seven weeks on Thursday on issues that the unfold of a newly recognized respiratory virus from China could decrease gasoline demand on the identical time a report confirmed oil inventories in the US rose final week.

The so-called novel coronavirus has killed 17 folks due to respiratory sickness because it emerged late final yr within the Chinese language metropolis of Wuhan. The potential for a pandemic has stirred reminiscences of the Sudden Acute Respiratory Syndrome (SARS) epidemic in 2002-2003, which additionally began in China, and dented financial development and led to a droop in journey.

Brent crude futures LCOc1 had been down $1.05, or 1.7%, to $62.16 a barrel by 0125 GMT, and earlier dropped to the bottom since Dec. 4, after falling 2.1% the earlier session.

US West Texas Intermediate futures CLc1 fell 95 cents, or 1.7%, to $55.78 a barrel after earlier falling to the bottom since Dec. 3. The contract declined 2.7% on Wednesday.

Greater than 540 instances of the brand new virus have been confirmed and authorities in Wuhan have shut transportation networks and are urging residents to not depart to assist forestall the contagion spreading.

“We estimate a worth shock of as much as $5 (a barrel) if the disaster develops right into a SARS fashion epidemic based mostly on historic oil worth actions,” JPM Commodities Analysis mentioned in a word.

The US financial institution maintained its forecasts for Brent to common $67 a barrel within the first quarter and $64.50 a barrel all through 2020.

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