NEWS: Death toll in Italy rose to seven

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In recent weeks, affected by the epidemic, some cities in China have entered a "closed city" state, causing disruption to the aviation industry, and affecting the global supply chain of products from automobiles to smartphones.
However, Bruce Aylward, the head of the World Health Organization's expert mission to China, said that China's "unbelievably difficult measures" in response to the new coronavirus outbreak at the end of last year may have protected hundreds of thousands of people in the country from infection. He urged the rest of the world to learn and act quickly.
"The current situation in China is that the number of patients discharged from the hospital every day is far more than the number of newly confirmed cases admitted for treatment," he said
But a surge in confirmed cases outside mainland China triggered a sharp fall in global markets, with investors buying safe haven assets. European stocks suffered their biggest decline since mid-2016, with gold prices soaring to seven-year highs and oil prices plummeting nearly 4%.
The Dow Jones Industrial Average fell to a two-month low on Monday, while the S & P 500 and Nasdaq both fell to their lowest levels in three weeks, falling more than 3%.


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