Coronavirus Panic Goes Global: S.Korea Warns Of ‘Watershed Moment’ As Italy Quarantines 12 Towns, Cancels Venice Carnival

Posted on February 23, 2020 8:25 am
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Bernie Sanders has won the Nevada caucus, and coronavirus outbreaks are taking root in a handful of countries outside China, threatening a genuine pandemic and threatening to pop the market’s dismissive bubble by proving unequivocally that this is not ‘just another flu’.

We’re starting our Sunday roundup with South Korea which, along with Italy and Japan, is one of a handful of countries outside China that is genuinely in crisis. On Sunday, the South Korean government raised the national threat level to “red alert”, its highest threat level (like, North Korean troops on the move to Seoul-level)