The World Health Organization declared the coronavirus outbreak a pandemic, saying cases outside China have risen 13-fold. The U.S.’s top infectious-disease specialist told lawmakers the pathogen is 10 times more deadly than the seasonal flu.
Britain announced a $39 billion stimulus package, hours after the Bank of England cut interest rates. German Chancellor Angela Merkel pledged to do “whatever is necessary,” and the European Central Bank’s president warned of a significant shock. U.K. cases jumped 22% to 456.
New York reported 20 more cases. The state will ask businesses to consider staggering shifts and allowing employees to work from home, Governor Andrew Cuomo said.