New York Governor Andrew Cuomo said in a press conference today that the state of New York is likely to see a similar spread of COVID-19 as China, South Korea and Italy. "I've said the same thing to you every day fro the past three weeks I think. You are going to see these numbers are going to go up...What makes you think that the virus in China, the virus in South Korea, the virus in Italy wasn't going to react any differently than the virus here? You are going to see the same trajectory that you saw in China, South Korea and Italy and it is going to happen here as the virus spread because of the way it is actually contagious."
Total Number of Cases: Over 127,000
Total Deaths: At least 4,700
Total Recovered: About 69,000
Here's What Happened Today:
The U.S. stock market saw its worst one-day decline since Black Monday in 1987 on Thursday, as global markets plunged lower over COVID-19 uncertainty infecting investor confidence. The U.S. Federal Reserve pumped more than $1 trillion of emergency funding into financial markets to help aid businesses during this new bear market.
Human trials of a potential vaccine could begin within a few weeks, U.S. Director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci told the House Oversight and Reform Committee during a hearing. "I would hope within a few weeks we may be able to make an announcement to you all that we've given the first shot to the first person.
Norwegian Air (OTC: NWARF) cut 4,000 flights and temporarily laid off about half of its employees due to the growing number of travel restrictions and falling demand. American Airlines (NASDAQ: AAL) has capped its fares on U.S. routes from Europe as heightened travel volume is expected under President Donald Trump's 30-day travel ban between the U.S. and Europe. Carnival's (NYSE: CCL) Princess Cruises pauses global operation for 60 days.
New York Governor Andrew Cuomo issued a ban on gatherings of 500 or more people in the state. This ban was met with similar measures made by major sports leagues and public school systems around the world.
Tracking the Spread:
Americas: The Untied States reported 357 new cases and 2 new deaths, Canada-32, Brazil-25, Chile-10, Argentina-9, Peru-5, Bolivia, Costa Rica, Trinidad, Guyana and Mexico-1
Europe: Italy reported 2,651 new cases and 189 new deaths, Spain-869 new cases and 31 new deaths, Germany- 779 new cases and 3 new deaths, France-595 new cases and 13 new deaths, Switzerland-216 new cases and 3 new deaths, Sweden-187, Norway-170 new cases and 1 new death, Denmark-160, Netherlands-111, United Kingdom-130 new cases and 2 new deaths, Austria-115 new cases and 1 new death, Belgium-85, Finland-44, Slovenia-39, Ireland-27, Poland-20, Iceland-24, Czechia and Luxembourg-19, Greece-18 new cases and 1 new death, Portugal-17, Bulgaria-16, Romania and Belarus-12, Estonia and Slovakia-11, Croatia and Albania-8, Algeria-6 and 2 new deaths, Latvia-6, Bosnia and Herzegovina-4, San Marino-3 new cases and 2 deaths, Hungary, Moldova and Reunion-3, Malta and Ukraine-2, Channel Island, Georgia and Liechtenstein-1
Middle East: Iran reported 1,075 new cases and 75 new deaths, Israel-12, Bahrain-2, Iraq-12 new cases and 1 new death, United Arab Emirates-11, Kuwait-8, Serbia-6, Azerbaijan-4 new cases and 1 death, Cyprus-4, Palestine and Pakistan-1
Asia: South Korea reported 114 new cases and 6 new deaths, Japan-52 new cases and 4 new deaths, India-12 new cases and 1 new death, Thailand-11, Singapore and Malaysia-9, Russia-6, Armenia-5, China only 3 new cases, Philippines-3, Taiwan, Sri Lanka and Brunei-1
Africa: Egypt-13 new cases and 1 new death, Tunisia and Senegal-6, South Africa-4
Oceania: Australia-28