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redpencil

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21/01/20

11:44

Post #: 42489940
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Originally posted by Agent-86 ↑

No one can predict at this stage how wide spread this will become. Often risk mitigation plans are activated early if the authorities believe it may become serious. Investment in prevention / risk mitigation may be an outcome. World authorities are becoming more concerned as it has now spread to other countries - Japan, Thailand & Korea. Time will tell.

WHO calls for emergency meeting on new virus in China, as cases spread to health care workers
By HELEN BRANSWELL @HelenBranswell
JANUARY 20, 2020
https://www.statnews.com/2020/01/20...china-as-cases-spread-to-health-care-workers/

The World Health Organization announced Monday that it would convene an expert panel to determine whether a fast-developing outbreak caused by a new virus in China should be declared a global health emergency.The news came as China reported confirmed cases in Beijing and in Guangdong province, 14 cases in health care workers — a first — and a confirmed incident involving human-to-human spread of the new virus, known provisionally as 2019-nCoV. It is a coronavirus, from the same family as the viruses that caused the 2003 SARS outbreak, which sickened more than 8,000 people globally, killing nearly 800.It also comes as China prepares to celebrate the lunar New Year, when people throughout the country travel to be with family. Experts fear this event could spread the virus widely.

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I would be more concerned about a "green swan" event triggering a new GFC. Lots of of financial institutions now predicting this. When it occurs is the big question.

CSL Price at posting: $303.29 Sentiment: Hold Disclosure: Held
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