COVID-19 Update 25 February 2020

Today's biggest headline:

Global markets plummeted while new extra-Chinese cases soared. America's government has finally come out swinging ahead of November's elections.

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Today's Biggest Developments

  • Global stock markets plummeted as pandemic fears grew. The UK's FTSE 100 hit a four-month low while the American Dow Jones tumbled over 1,000 points.
  • The US is planning a clinical trial of an experimental drug to fight the novel coronavirus. The drugmaker's shares were up 4.6%, or over $4B, on the news. No word yet on timelines.
  • A hotel in Spain's Tenerife has been locked down after a visiting Italian doctor tested positive for coronavirus. Hundreds of guests are affected.
  • Iran's deputy health minister, Iraj Harichi, has tested positive for the disease. So far the government has confirmed 95 cases and at least fifteen deaths.
  • An Iranian plane carrying more than 130 passengers and crew was diverted en route to Istanbul for quarantine in Ankara.
  • South Korea will surpass 1,000 confirmed cases today and has reported ten deaths, while Italy now reports 270 cases and seven deaths.
  • Two more European countries announced their first cases - Austria and Croatia.
  • The US is set to spend $2.5B fighting the disease as confirmed cases surpassed 50.
  • A number of schools in England have told students returning from Italian ski holidays.

Want to help? Click here to see a list of charities supporting communities affected by the outbreak.


The Latest Stats

CONFIRMED CASES

80,289

+4.1% since yesterday

CONFIRMED DEATHS

2,704

+4.3% since yesterday

RECOVERIES

27,840

+11.5% since yesterday

COVID-19 Growth

Confirmed Cases by Country / Region

  • 77,660 Mainland China
  • 977 South Korea
  • 691 Others
  • 270 Italy
  • 160 Japan
  • 90 Singapore
  • 84 Hong Kong
  • 61 Iran
  • 53 US
  • 37 Thailand
  • 31 Taiwan
  • 22 Australia
  • 22 Malaysia
  • 16 Germany
  • 16 Vietnam
  • 13 United Arab Emirates
  • 13 UK
  • 12 France
  • 11 Canada
  • 10 Macau
  • 8 Kuwait
  • 8 Bahrain
  • 3 Spain
  • 3 Philippines
  • 3 India
  • 2 Russia
  • 2 Oman
  • 1 Afghanistan
  • 1 Nepal
  • 1 Cambodia
  • 1 Israel
  • 1 Belgium
  • 1 Lebanon
  • 1 Finland
  • 1 Sweden
  • 1 Iraq
  • 1 Egypt
  • 1 Sri Lanka

Prognosis

South Korea is facing a crisis as numbers there soar. Shelves are emptying.

While COVID-19 is less deadly than SARS or MERS, it's far more contagious than either one. The economic and political impacts will be far-reaching.

For example, should the Chinese supply shock further penetrate the US, and should fear continue to mount, it could very well push the country into recession.

A strong economy is widely seen as American President Trump's best path to reelection. In a very real way, the most significant casualty of this disease could be Donal Trump's reelection campaign.

Carter Hopkins

Carter is a former US Army Ranger, US Army intelligence officer, and counterintelligence officer with the Defence Intelligence Agency. He has a BA in Political Science from UCLA and an MA in Security Studies from Georgetown.

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