Coronavirus live updates: China accuses US of spreading fear, Saudis reportedly weigh oil cuts

Business

This photo taken on February 2, 2020 shows medical staff members from Shenyang bidding farewell with family members and friends before leaving for Wuhan, where a novel virus originally outbreak, at Xiantao International Airport in Shenyang in China’s northeastern Liaoning province.

STR | AFP | Getty Images

This is a live blog. Please check back for updates.

All times below are in Eastern time.

8:00 am: China says it has ‘unblocked’ channels of communication with Taiwan over coronavirus

China told the World Health Organization that channels of communication with Taiwan had been”unblocked,” with Beijing sharing full information on the coronavirus with authorities across the Strait. Taiwan, which is not a WHO member due to China’s objections, has 10 confirmed cases of the coronavirus. China considers self-governing Taiwan a wayward province to be brought under its control.

7:02 am: Saudi Arabia is weighing large oil cuts due to coronavirus

Saudi Arabia is debating a short-term oil product cut as the deadly coronavirus continues to spread, the Wall Street Journal reported, citing OPEC officials. The Organization of the Petroleum Exporting Countries and its allies are expected to meet Tuesday and Wednesday to discuss the possible actions, according to the Journal.

4:03 am: The US is spreading fear and panic over coronavirus outbreak, China says

Articles You May Like

Acurx Pharmaceuticals to add up to $1 million in bitcoin for treasury reserve, following MicroStrategy’s playbook
U.S. ‘industrial renaissance’ is fueling a rebound in fundraising, Apollo CEO Marc Rowan says
The Medicare Prescription Payment Plan: Yay Or Nay?
The founder of the biggest gold ETF is still bullish 20 years later
Making Friends After Retirement, According To Dr. Ruth

Leave a Reply

Your email address will not be published. Required fields are marked *