FOLLOW US

Wed

June 24, 2026

America March 9, 2020 5 mins read

Coronavirus closes sites around the world, sinking stock and oil prices

America ı By Catherine Davis

0 Comments

Coronavirus

Fear over the new coronavirus epidemic sent global stock markets and oil prices plunging Monday, touched off prison riots in Italy and caused a cascading shutdown of sites and events ranging from Saudi schools to a Holocaust march.

While many of Beijing’s white-collar workers returned to work as new infections subsided in China, some 16 million people under a widespread lockdown in northern Italy struggled to navigate the new rules of their mass isolation.

Global oil prices suffered their worst percentage losses since the start of the 1991 Gulf War, and the S&P 500 plunged so quickly in the first few minutes of trading that it triggered a 15-minute halt in trading.

In all, more than 110,000 people have tested positive for the disease and more than 3,800 people with the virus have died, most of them in China. Some 62,000 people have already recovered, but realization seemed to be dawning on investors that they underestimated the long-term effects of widespread quarantines.

Meanwhile, inmates at more than two dozen Italian prisons rioted against restrictions on family visits and other containment measures, and six died after they broke into the infirmary and overdosed on anti-psychotic medicine.

Travelers at Milan’s main train station had to sign police forms self-certifying that they are traveling for “proven work needs,” situations of necessity, health reasons or to return home. They also needed to provide identity documents, contact numbers and an exact reason for travel.

Italy’s financial hub, Milan, and the popular tourist city of Venice were among the places under the quarantine lockdown. Across Italy, museums and archaeological sites were closed, weddings were canceled and restaurants were told to keep patrons a meter (more than 3 feet) apart. The country has counted 7,375 cases of COVID-19 virus and 366 deaths, more than any other country outside of Asia.

Pope Francis celebrated Mass by himself Monday at the Vatican hotel where he lives, live-streaming the event, but he did resume some meetings.

Trying to send a message of confidence in the economy, French President Emmanuel Macron and his wife walked on Paris’ famous Champs-Elysees avenue, but kept a one-meter security distance from passersby. “I’m shaking hands using my heart,” he said, as he waved to people from a distance.

He called for a proportionate government response.

“We cannot shut down the country but we need to protect the most fragile people,” he said.

China’s slow re-emergence from weeks of extreme travel restrictions offers a grim sense of the longer-term effects the virus can have on a country’s economy.

“Our business is one-fifth of what it was before,” said Cheng Sheng, who helps run a stand in Beijing that sells sausages and noodles. “There’s much less foot traffic. There are no people.”

Infections were reported in more than half the world’s countries, and flashpoints were erupting around the globe.

“We are working for valuable time, time in which scientists can research medicines and a vaccine” and in which governments can help stock up on protective equipment, said German Chancellor Angela Merkel, whose country has reported over 1,000 cases but not yet any deaths.

In Iran, state television said the virus had killed another 43 people, pushing the official toll up to 237, with 7,161 confirmed cases. But many fear the scope of illness is far wider there.

In the United States, where more than 500 infections have been reported, the Grand Princess cruise ship, which has at least 21 confirmed virus cases, was expected to dock in Oakland, California, amid elaborate protective procedures.

Fleets of buses and planes were ready to whisk the more than 2,000 passengers to military bases or their home countries for a 14-day quarantine.

In Florida, passengers disembarked from the Regal Princess after it received clearance to dock. Two crew members eyed as possible carriers had negative tests for the virus.

The Caribbean Princess cruise ship, meanwhile, cut short a Fort Lauderdale-Mexico cruise because crew members had been on another ship where people were infected.

In Washington, the Capitol’s attending physician’s office said “several” members of Congress had contact with a person who attended a recent political conference and subsequently developed COVID-19, the illness caused by the new coronavirus. They “remain in good health,” the office said. Two members of Congress, Sen. Ted Cruz and Rep. Paul Gosar, said they are isolating themselves after determining they had contact with the person.

Countries around the world showed a willingness to take tough steps to try to stop the virus’ spread.

After earlier closing off its land borders, Saudi Arabia cut off air and sea travel to and from Bahrain, Egypt, Iraq, Italy, Kuwait, Lebanon, South Korea, Syria and the United Arab Emirates. All Saudi schools and universities closed beginning Monday.

Qatar cut off travel to 15 countries and announced it would shut down schools and universities beginning Tuesday.

The Czech Republic banned visits to hospitals and retirement homes and began random checks on vehicles arriving at border crossings, including taking the temperatures of occupants.

Organizers of the annual Holocaust remembrance march in southern Poland postponed the event this year due to coronavirus fears, and soccer authorities announced that at least four major matches — in France, Germany and Spain — would take place with no fans.

China reported 40 new cases of the virus Monday, its lowest number since Jan. 20. More than three-quarters of the country’s surviving virus patients have been released from treatment. South Korea reported 165 more cases Monday, bringing its total to 7,478.

Albania and Brunei announced their first cases of COVID-19, and the president of the Philippines declared a public health emergency.

12

Previous Article

Kamala Harris Latest to Endorse Joe Biden for President

Read More
Catherine Davis
225 Posts

Catherine Davis

Catherine Davis is a contributor to the USA Herald. She covers politics and reports on issues of the times.

Discussion

No comments yet. Be the first to join the discussion!

Don’t Miss It
High Profile Court Cases June 23, 2026
€100,000 Reward Offered in Hunt for Barcelona Watch Thief
By – Tyler Brooks
Arizona January 11, 2025
Kelly Warner Law Firm Blames USA…

In what appears as a desperate attempt to defend multiple…

By – USA Herald
Arizona January 4, 2025
Aaron Kelly Law Firm Resorts To…

Attorney Aaron Kelly and his law partner Daniel Warner are…

By – Jeff Watterson
Arizona December 12, 2024
Arizona Bar Opens Investigation on Attorney…

USA Herald recently reported on a developing story involving Attorneys…

By – Paul O'Neal
High Profile Court Cases June 23, 2026
The Sleight-of-Hand City

How Barcelona became Europe’s pickpocket capital — and the night…

By – Tyler Brooks
America June 23, 2026
Was Marilyn Monroe Murdered?

Marilyn Monroe remains one of the most recognizable and influential…

By – Jackie Allen
America June 23, 2026
‘I Have Met Non-Human Intelligence in…

By Samuel López | USA Herald They walk among us.…

By – Samuel Lopez
America June 23, 2026
Biden Cognitive Issues: Court Fight Over…

Questions about Biden cognitive issues surround the former President. This…

By – Jackie Allen
Entertainment June 23, 2026
Kourtney Kardashian Celebrates Travis Barker on…

Kourtney Kardashian had plenty of love to share this Father’s…

By – Tyler Brooks
Entertainment June 23, 2026
Jay-Z and Roc Nation Win Major…

The legal war between rap mogul Jay-Z and Houston-based attorney…

By – Tyler Brooks
America June 23, 2026
Tesla Self-Driving Car Crashes Into Texas…

Federal safety regulators in the United States have launched a…

By – Tyler Brooks
America June 23, 2026
NASA Astronaut Heading to Space Station…

For decades, the question of whether life exists beyond Earth…

By – Tyler Brooks
America June 22, 2026
Chevron Locks in 20-Year Deal to…

In a landmark partnership that underscores the growing energy demands…

By – Rihem Akkouche
America June 22, 2026
World Cup History Made as Lionel…

World Cup history was made Monday afternoon in Arlington, Texas,…

By – Jackie Allen
America June 22, 2026
Lucid Motors Slashes 18% of U.S.…

Lucid Group, the luxury electric vehicle maker once seen as…

By – Rihem Akkouche
America June 22, 2026
Federal Judge Slams Trump DOJ for…

A federal judge has delivered a blistering rebuke to the…

By – Rihem Akkouche
America June 22, 2026
Final Wish: Oliver Tree’s Family Honors…

Final Wish is how the family of singer Oliver Tree…

By – Jackie Allen
America June 21, 2026
Reflecting Pool Incident Leads to Arrest…

The Reflecting Pool at the Lincoln Memorial has become the…

By – Jackie Allen
America June 21, 2026
Nuclear Talks Begin in Switzerland as…

Nuclear Talks between the United States and Iran officially began…

By – Jackie Allen
America June 20, 2026
Pizza Hut to Be Sold in…

Pizza Hut is entering a new chapter after parent company…

By – Jackie Allen
America June 19, 2026
Jane Street Emerges from the Shadows…

Jane Street is one of the most secretive and profitable…

By – Jackie Allen
America June 19, 2026
Peace Agreement Between US and Iran…

A proposed Peace Agreement framework between the United States and…

By – Jackie Allen
America June 19, 2026
Peace Agreement Between US and Iran…

A proposed Peace Agreement framework between the United States and…

By – Jackie Allen
America June 18, 2026
Internet’s First Serial Killer Used Early…

The story of Serial Killer John Edward Robinson remains one…

By – Jackie Allen
America June 18, 2026
The 9-Second Disaster: The Edge of…

The tech industry is learning that AI autonomy can be…

By – Jackie Allen
America June 17, 2026
Southern Poverty Law Center Indictments Linked…

The Southern Poverty Law Center (SPLC), one of the nation’s…

By – Jackie Allen
America June 16, 2026
Anna Kepner Killing: Federal Judge Orders…

The legal proceedings surrounding the cruise ship murder of Anna…

By – Jackie Allen
America June 16, 2026
Russia Shadow Fleet Captain Faces UK…

The captain of a Russian Shadow Fleet tanker intercepted by…

By – Jackie Allen
Entertainment June 23, 2026
Jay-Z and Roc Nation Win Major…

The legal war between rap mogul Jay-Z and Houston-based attorney…

By – Tyler Brooks
Entertainment June 22, 2026
GTA 6 Music File Discovered in…

With GTA 6 pre-orders officially opening on Thursday, June 25,…

By – Tyler Brooks
Business June 22, 2026
Toy Story 5 Shatters Box Office…

When the lights dimmed and the familiar Pixar lamp bounced…

By – Tyler Brooks
Entertainment June 22, 2026
BTS Comeback Tour Ticket Chaos: Fans…

The long awaited return of global K-pop sensation BTS has…

By – Tyler Brooks
America June 20, 2026
Ubisoft Co-Founder Claude Guillemot Dies at…

Claude Guillemot, the co-founder of one of the world’s largest…

By – Rihem Akkouche
America June 19, 2026
Anne Hathaway, 43, Stuns Fans with…

In a beautiful and unexpected moment that has sent the…

By – Rihem Akkouche
Health June 23, 2026
Your Blood Pressure Reading May Be…

Millions of people living with high blood pressure believe that…

By – Tyler Brooks
America June 6, 2026
Nichelle Nichols’ Final Mission Ends in…

By Samuel López | USA Herald The woman who helped…

By – Samuel Lopez
America June 5, 2026
Cannabis Giants Hit with Sweeping Class…

A major class action filed May 4, 2026, accuses five…

By – Samuel Lopez
Health June 1, 2026
New Pill Doubles Survival for Pancreatic…

Pancreatic cancer pill doubles life to 13 months By Tyler…

By – Tyler Brooks
California News May 31, 2026
FDA warns public as cookie firm…

FDA warns public as cookie firm rejects urgent recall request…

By – Tyler Brooks
Health May 31, 2026
Trump orders CDC to slash childhood…

Trump orders CDC to slash childhood vaccines from 17 to…

By – Tyler Brooks
America June 22, 2026
Lionel Messi, at 39, Shatters All-Time…

Lionel Messi has done it again. The Argentine superstar etched…

By – Rihem Akkouche
Pennsylvania June 22, 2026
Will a Massive Storm Derail the…

The 2026 FIFA World Cup is already delivering unforgettable moments…

By – Tyler Brooks
Sports June 18, 2026
Extraterrestrial Kickoff? Viral Psychic Warns of…

Football fans around the globe are currently deep in the…

By – Tyler Brooks
Business June 16, 2026
Dana White Declares The Historic UFC…

WASHINGTON D.C. — It was 3:00 a.m. on Monday, and…

By – Tyler Brooks
Sports June 15, 2026
Pulisic Is Not Training. What Happens…

Mauricio Pochettino pulled Christian Pulisic at halftime of the USMNT’s…

By – Nicolas Carreno
America June 14, 2026
New York Chaos Erupts After Knicks…

New York Chaos unfolded across the city after the New…

By – Jackie Allen

No posts found.

No posts found.

Signup for the USA Herald
exclusive Newsletter