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Evacuation Flights to Start, China Vows Stimulus: Virus Update

(Bloomberg) -- Chartered jets are being arranged by foreign governments to evacuate passengers from the Diamond Princess cruise ship in Japan, where 355 people have the coronavirus. At least 40 Americans are among those who fell ill.China will act to cut corporate taxes and government expenses as the virus hurts production. China has 68,500 total cases and 1,665 deaths. The global infection total is nearing 70,000.Malaysia blocked any more passengers from the Westerdam luxury liner docked in Cambodia after an American fell ill in Kuala Lumpur. The first death was reported in Taiwan: a taxi driver in his 60s.Key DevelopmentsU.S. charter flights won’t include sick passengersTaiwan’s first death is a taxi driverChina pledges more economic stimulusMalaysia Bars Westerdam Cruise Passengers From EntryCases soar aboard Diamond Princess in Japan‘Demand shock’ for copperSingapore, U.A.E. report new casesHubei had 1,843 new cases, down from 2,420 a day earlier.Click VRUS on the terminal for news and data on the novel coronavirus and here for maps and charts. For analysis of the impact from Bloomberg Economics, click here.Virus to Cause ‘Demand Shock’ for Copper (4:30 p.m. NY)Disruptions from the coronavirus and other “significant” knock-on effects will lead to a full-year demand loss for copper of 300,000 metric tons, Goldman Sachs Group Inc. said in an analysis that assumes the outbreak is contained to the first quarter.Disruptions at smelters could reduce production, partially offsetting the impact of declining demand.Read the full story here.Briton on Ship Feels ‘Forgotten’ (4:15 p.m. NY)The U.K. is ignoring British citizens trapped on the quarantined Diamond Princess in Japan as other nations charter aircraft for evacuation flights, one passenger said in a video posting.David Abel, traveling with his wife, Sally, said passengers on the ship docked in Yokohama are aware that the U.S., Canada and Italy are flying their citizens home. Passengers are getting despondent, he said.“Every country, except the U.K., has become involved and that is really wonderful,” he said in a video message on YouTube. “Can I just tell you, U.K., how this makes me really feel? It feels that we have been forgotten, that you don’t really care about us and that you’re actually not wanting us to come home.”Abel said the couple is confined to the cabin and wear a mask when they open the door. They’ve been interviewed by British TV during the ordeal. He said fewer than 80 Britons are on the ship.Separately, Australia is considering plans to bring back its citizens this week, and a decision could be made as soon as Monday, Australian Associated Press said.The ship, with 355 ill passengers, is the largest infection cluster outside China.China, Asia Bulk Up Against Virus (3 p.m. NY)China, Hong Kong and Singapore are pledging extra fiscal stimulus to counter the economic hit from the coronavirus.China will enact more-efficient stimulus measures, including lower corporate taxes. Hong Kong faces “tsunami-like” shocks that may lead to a record budget deficit. Singapore, which is losing as many as 20,000 tourists a day to travel curbs, will get a “strong” package of...

(Bloomberg) — Chartered jets are being arranged by foreign governments to evacuate passengers from the Diamond Princess cruise ship in Japan, where 355 people have the coronavirus. At least 40 Americans are among those who fell ill.

China will act to cut corporate taxes and government expenses as the virus hurts production. China has 68,500 total cases and 1,665 deaths. The global infection total is nearing 70,000.

Malaysia blocked any more passengers from the Westerdam luxury liner docked in Cambodia after an American fell ill in Kuala Lumpur. The first death was reported in Taiwan: a taxi driver in his 60s.

Key Developments

U.S. charter flights won’t include sick passengersTaiwan’s first death is a taxi driverChina pledges more economic stimulusMalaysia Bars Westerdam Cruise Passengers From EntryCases soar aboard Diamond Princess in Japan‘Demand shock’ for copperSingapore, U.A.E. report new casesHubei had 1,843 new cases, down from 2,420 a day earlier.

Click VRUS on the terminal for news and data on the novel coronavirus and here for maps and charts. For analysis of the impact from Bloomberg Economics, click here.

Virus to Cause ‘Demand Shock’ for Copper (4:30 p.m. NY)

Disruptions from the coronavirus and other “significant” knock-on effects will lead to a full-year demand loss for copper of 300,000 metric tons, Goldman Sachs Group Inc. said in an analysis that assumes the outbreak is contained to the first quarter.

Disruptions at smelters could reduce production, partially offsetting the impact of declining demand.

Read the full story here.

Briton on Ship Feels ‘Forgotten’ (4:15 p.m. NY)

The U.K. is ignoring British citizens trapped on the quarantined Diamond Princess in Japan as other nations charter aircraft for evacuation flights, one passenger said in a video posting.

David Abel, traveling with his wife, Sally, said passengers on the ship docked in Yokohama are aware that the U.S., Canada and Italy are flying their citizens home. Passengers are getting despondent, he said.

“Every country, except the U.K., has become involved and that is really wonderful,” he said in a video message on YouTube. “Can I just tell you, U.K., how this makes me really feel? It feels that we have been forgotten, that you don’t really care about us and that you’re actually not wanting us to come home.”

Abel said the couple is confined to the cabin and wear a mask when they open the door. They’ve been interviewed by British TV during the ordeal. He said fewer than 80 Britons are on the ship.

Separately, Australia is considering plans to bring back its citizens this week, and a decision could be made as soon as Monday, Australian Associated Press said.

The ship, with 355 ill passengers, is the largest infection cluster outside China.

China, Asia Bulk Up Against Virus (3 p.m. NY)

China, Hong Kong and Singapore are pledging extra fiscal stimulus to counter the economic hit from the coronavirus.

China will enact more-efficient stimulus measures, including lower corporate taxes. Hong Kong faces “tsunami-like” shocks that may lead to a record budget deficit. Singapore, which is losing as many as 20,000 tourists a day to travel curbs, will get a “strong” package of budget measures this week.

Read full story here.

U.S., Canadian Planes Set for Evacuation Flights (1:30 p.m. NY)

A pair of aircraft chartered by the State Department is ready to fly back home Americans evacuated from a ship in Japan, but more than 40 U.S. citizens infected by the virus will stay behind in hospitals.

The planes are headed to Travis Air Force Base in California and Kelly Field at Lackland Air Force Base in Texas. The passengers — quarantined on the ship — will be kept in quarantine for 14 days, separate from other travelers who, because they visited China, are isolated at the U.S. bases.

Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases, on CBS said 40 Americans were infected on the ship. Later, he told the Washington Post 44 became ill. Anybody who shows symptoms will not be on the evacuation flight, he said.

Canada is using a chartered plane to repatriate Canadians from the ship. The Canadians are heading Cornwall, Ontario, for a further 14-day quarantine, Global Affairs Canada said.

Hong Kong plans to send a plane for its nationals. An estimated 330 Hong Kong residents are on board, the Japan Times reported.

U.A.E. Reports Ninth Case (12:10 p.m. NY)

A 37-year-old Chinese man in the United Arab Emirates has been confirmed with the coronavirus, the Ministry of Health & Prevention said Sunday, becoming the nation’s ninth case. His condition is stable, the ministry said in a Facebook post.

40 Americans Infected on Japan Liner (10:45 a.m. NY)

Forty U.S. passengers from the Diamond Princess liner are infected and will go to a Japanese hospital rather than take a State Department evacuation flight, a top U.S. health official said.

Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases, said anybody from the ship, docked in Yokohama, showing symptoms virus will be kept off the flight, which is due to leave Japan early Monday morning.

Fauci said the outbreak that began in China last month and has spread to more than two dozen nations is on the verge of becoming a global pandemic if containment steps fail to show more success.

He dismissed President Donald Trump’s suggestion the virus will diminish in warmer weather, saying on “Face the Nation” on CBS, “we do not know what this particular virus is going to do.” Trump has linked weather and the virus in a tweet.

Malaysia Says Westerdam Passengers Negative for Virus (9:42 a.m. NY)

Six passengers who were quarantined after arriving in Malaysia from the Westerdam cruise ship in Cambodia have tested negative for the virus, Malaysia’s health ministry said. The two Americans and four Dutch nationals arrived on a flight with an 83-year-old woman who tested positive for the coronavirus twice after arrival.

Taiwan Victim Worked as Taxi Driver (9:23 a.m. NY)

The deceased was a taxi driver, Taiwan’s Centers for Disease Control said in a statement late Sunday. He carried three passengers returning to Taiwan from China, Hong Kong and Macau, who later visited doctors for respiratory symptoms. CDC is tracking the three people and all close contacts of the man who died.

Singapore Reports Three New Cases (9 a.m. NY)

Singapore’s Ministry of Health said in a statement it has verified three additional cases of COVID-19 infection. Two are linked to the cluster at Grace Assembly of God and the other to a previous case.

Hospital Head Says Coronavirus Turning Point Reached (8:45 a.m. NY)

The turning point for the novel coronavirus epidemic has been reached and the number of new outbreaks is declining, the state-run China Central Television reports, citing Wang Xinghuan, head of Wuhan Leishenshan Hospital.

The number of people with a fever has been sliding steadily and has never rebounded, Wang was cited as saying.

Some Positive Economic Signs From Epidemic, Xinhua Says (8:05 a.m. NY)

The novel coronavirus epidemic had some temporary impact on China’s economy but won’t overwhelm it, the official Xinhua News Agency said in a commentary on its website. The Chinese economy is a sea, not a small pond, it said.

U.S. Charter Flights Are Last Chance to Leave for Weeks (7 a.m. NY)

The U.S. Embassy in Tokyo told Americans on the Diamond Princess that the charter flights leaving today are the only opportunity to fly to the U.S. until March 4 at the earliest. No symptomatic or infected passengers will be allowed to board. Passengers who remain on the ship until Feb. 19 will be subject to a 14-day quarantine before they can board commercial flights to the U.S.

Taiwan Confirms First Death From Coronavirus (6:13 a.m. NY)

Taiwan reported the first death from coronavirus on Sunday, and added two more confirmed cases, bringing the total to 20, according to a statement from the country’s Centers for Disease Control via text message. The man in his 60s had a history of hepatitis B and diabetes, the CDC said in a statement on its website. He went to the hospital on Feb. 3 with shortness of breath and died from pneumonia and sepsis on Feb. 15.

–With assistance from Abeer Abu Omar, Ryan Beene, Dong Lyu and Jing Jin.

To contact the reporters on this story: Steve Geimann in Washington at [email protected];Karen Leigh in Hong Kong at [email protected]

To contact the editor responsible for this story: James Ludden at [email protected]

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