Number Of Confirmed Covid-19 Cases In US Passes 5,000 As Global Total Nears 200K: Live Updates

Tuesday, March 17, 2020
By Paul Martin

by Tyler Durden
ZeroHedge.com
Tue, 03/17/2020

Summary:

Fed reportedly plans to throw vital lifeline to Commercial Paper market
Confirmed coronavirus cases in the US pass 5k
WH planning $850 billion economic rescue package
2nd rescue package still stalled over Senates’ ‘minor’ changes
Cuomo reports 432 new cases, bringing state total over 1,000 and retaking No. 1 spot
Trump doubles down on “Chinese virus” phrasing after Beijing complains
Kentucky Derby postponed until September
Goldman says “world is in a recession”
Luxembourg declares ‘state of emergency’
Mick Mulvaney self-isolating in SC after niece had contact with Brazilian official
EU eases rules, allows some state aid to companies
France says deficit will blow out to 3.9%
NYC Mayor says “absolutely considering” shelter-in-place order
Amazon stops shipments of “non-essential” goods to warehouses
Moscow denies reports of citywide quarantine
Turkey jails 19 over ‘provocative’ social media posts
Spain turns away 500 cars after setting up border checkpoints
Pakistan reports first death
S&P warns “sudden economic stop” will trigger deep recession
Tom Hanks, Rita Wilson leave quarantine
Poland says minister has caught the virus
8 US banks access discount window
Trump slams Michigan’s Democratic Gov.
* * *

Update (1250ET): The number of confirmed coronavirus cases in the US has climbed above 5k, another grim milestone, as the global case total breaks above 190,000, on track to surpass 200,000 by the end of the week.

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