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GENEVA/BEIJING (Reuters): The rapid spread of the coronavirus increased fears of a pandemic on Friday, with six countries reporting their first cases and the World Health Organization (WHO) raising its global spread and impact risk alert to “very high”.
World shares fell again, winding up their worst week since the 2008 global financial crisis and bringing the global wipeout to $6 trillion.
Hopes that the epidemic that started in China late last year would be over in months, and that economic activity would quickly return to normal, have been shattered.
WHO chief Tedros Adhanom Ghebreyesus said his organization was not underestimating the risk.
“That is why we said today the global risk is very high,” he told reporters in Geneva. “We increased it from ‘high’ to ‘very high’.”
WHO spokesman Christian Lindmeier said the scenario of the coronavirus reaching multiple or all countries “is something we have been looking at and warning against since quite a while.”
As the outbreak eased in China, it is surging elsewhere.
Mexico, Nigeria, Estonia, Denmark, the Netherlands and Lithuania reported their first cases, all with travel history connected to Italy, the worst-affected European country. Mexico is the second Latin American country to register the virus, after Brazil.
Countries other than China now account for about three-quarters of new infections.
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