has suspended its season because of the coronavirus and Tom Hanks said he and wife Rita Wilson have both tested positive. Global markets are sinking and U.S. futures point to another big drop. ‘We have rung the alarm bell loud and clear’A cascade of announcements marked a turning point in the coronavirus crisis, with ordinary life for many disrupted for the foreseeable future. Businesses and investors are adjusting to this new reality, in which everyday social interactions are altered, travel is restricted and general economic activity is limited — in some cases severely. The World Health Organization declared the outbreak a pandemic, and said it was “deeply concerned both by the alarming levels of spread and severity, and by the alarming levels of inaction.”• In sounding this alarm “loud and clear,” the agency noted that it hasn’t changed its assessment of the threat, nor did it want to cause “unreasonable fear.”

Source: New York Times March 12, 2020 10:41 UTC