President Donald Trump's announcement of a 30-day ban on "all travel

The New York Stock Exchange resumed buying and selling after a short halt caused by way of a 7% decline quickly after the market opened. Also Thursday, President Donald Trump's announcement of a 30-day ban on "all travel" to the U.S. from continental Europe – the U.K. is exempted – drew a sharp rebuttal from the European Union, which lashed out at the “unilateral” decision.

In a joint statement, EU Council President Charles Michel and European Commission President Ursula von der Leyen insisted that the coronavirus pandemic is a “global crisis, no longer restricted to any continent and it requires cooperation."

“The European Union disapproves of the reality that the U.S. choice to impose a journey ban was once taken unilaterally and besides consultation,” they said.

The duo mentioned Italy’s nationwide tour lockdown and different measures taken via all the bloc’s 27 members, disregarding Trump’s advice that the EU has no longer carried out adequate in battle the disease.

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Thomas Bossert, a former Trump Homeland Security adviser, additionally wondered the fee of the journey restrictions. Bossert tweeted that it used to be a "poor use of time & energy. Earlier, yes. Now, tour restrictions/screening are much less useful. We have almost as a whole lot sickness right here in the US as the international locations in Europe. We MUST focal point on layered neighborhood mitigation measures-Now!"

Vice President Mike Pence, who is main the administration coronavirus effort, defended the coverage in TV interviews Thursday. He burdened that mitigation efforts are in full swing.

"Our fitness specialists would disagree very strongly with the view that the acts the president took final night time had been now not referred to as for," Pence said. "We realized the previous day that 70% of all the new instances of coronavirus in the world took place in Europe."
Here's the cutting-edge on the outbreak of COVID-19:

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Stocks, economy: Coronavirus shakes up the markets
US demise toll reaches 38, greater than 1,300 cases
The U.S. demise toll was once at 38 early Thursday, with greater than 1,323 validated cases. All however six states had been contaminated after Arkansas, Mississippi and Wyoming had been amongst the states to file their first encounters. The solely states besides pronounced cases, in accordance to USA TODAY facts gathering: Alabama, Alaska, Idaho, Maine and West Virginia.

Dow Jones plummets again
The Standard and Poor's 500 slid into undergo territory Thursday for the first time in view that the monetary disaster after President Donald Trump banned journey from Europe to stem the monetary fallout from the coronavirus, a pass that threatened in addition disruption to the world economy. The S&P 500 fell 7% quickly after the opening bell, triggering an computerized buying and selling halt for 15 minutes. The index prolonged losses after buying and selling resumed, sliding 8%.

“Markets reacted negatively to what used to be perceived as a solemn however burdened speech that positioned blame on different nations, not noted to center of attention on on the spot moves to relieve the most affected individuals, and lacked in concrete fiscal and fitness measures to tackle the monetary and economic influence of the virus,” Gregory Daco, chief U.S. economist at Oxford Economics, stated in a note.

– Jessica Menton

Pence: There will be ‘thousands’ greater coronavirus cases
Pence stated each American and criminal resident who returns from Europe over the subsequent 30 days will be funneled into thirteen airports and requested to self-quarantine for 14 days. There will be “thousands” extra instances throughout the nation, he warned.

“We’re attempting to maintain that range down as a whole lot as possible,” Pence informed NBC’s “Today” show. During Trump’s go to to the Senate on Tuesday, he informed journalists that the virus “will go away" and in contrast coronavirus to the flu. Pence stated Thursday that the coronavirus is greater serious than the flu. But no matter his personal office's recommendations, Pence stated he plans to proceed shaking hands.

"I'm nevertheless shaking fingers right here at the White House," Pence advised CNN. "I'm additionally washing my fingers very many times via the day."

– Maureen Groppe

Summer may want to convey 'normal life' returned to Italy
Italian Health fitness ministry guide Walter Ricciardi, additionally a member of the World Health Organization's govt council, advised Italian TV that his countrymen "should begin getting used to a lengthy war" towards the coronavirus. He mentioned that the SARS pandemic, which was once much less contagious, ended round May and June.

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