Coronavirus live updates: IMF lowers global growth forecast; cases surge in South Korea

  • The World Health Organization confirmed that over 77,794 people are infected with the coronavirus, with 2,348 deaths in China and 11 deaths outside of China.

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The World Health Organization confirmed that over 77,794 people are infected with the coronavirus, with 2,348 deaths in China and 11 deaths outside of China.

The number of coronavirus cases tripled in South Korea on Saturday, according to the Korea Centers for Disease Control and Prevention, with the number of confirmed cases in the country surging to 433 from 156 over a 24-hour period. The surge in cases adds to fears among health officials that the virus, which has spread to 28 countries, could turn into a global pandemic.

More than half of the cases in South Korea are connected to the Shincheonji Church of Jesus, and over a thousand members have reported potential symptoms of the virus. The area surrounding the Christian sect’s church in Daegu, a major city in South Korea, has become empty as businesses there shutter.

World Health Organization (WHO) Director General Tedros Adhanom Ghebreyesus met with African officials from Geneva on Saturday morning to urge them to prepare for a potential spread of the coronavirus across Africa.

Just one case has been confirmed on the continent, but health officials fear the increasing global spread of the virus, especially to countries with less developed health-care systems.

WHO says it has shipped more than 30,000 sets of personal protective equipment to six countries in Africa, and is set to ship 60,000 more sets to 19 countries in upcoming weeks. It has also provided online training courses to 11,000 African health workers, as well as advice to countries on how to conduct screening, testing and treatment.

The International Monetary Fund (IMF) said on Saturday that the virus will likely cut off 0.1% from global growth, and drag down growth for China’s economy to 5.6%, which is 0.4% lower from its January outlook.

“But we are also looking at more dire scenarios where the spread of the virus continues for longer and more globally, and the growth consequences are more protracted,” said International Monetary Fund Managing Director Kristalina Georgieva at the G20 Finance Ministers and Central Bank Governors Meeting.

Source: https://www.cnbc.com/2020/02/22/coronavirus-live-updates-imf-lowers-global-growth-forecast.html

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