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COVID-19 Summary
•The
disruption in global financial markets has
been pronounced and if the cases/deaths
continue to grow outside China (which they
will) the markets stand to be affected
adversely.
•United
States, Europe and other countries have
imposed strict travel advisories and
restrictions which will affect the travel
industry.
•There
have been school closures in Italy, US,
Saudi Arabia, Pakistan and other countries
to slow down the spread.
•Multiple
counties are using social distancing as a
tool to control the outbreak.
•Saudi
Arabia has suspended visas for pilgrims
wishing to visit Makkah to perform Umrah
(Muslim pilgrimage..
•Italy
took a page from China’s playbook Sunday,
attempting to lock down 16 million people —
more than a quarter of its population — for
nearly a month to halt the relentless march
of the new coronavirus across Europe.
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