Sunday , February 28 2021

Live updates: Coronavirus defies travel curbs; markets stage cautious recovery on stimulus hopes – the washington post, the washington post

In the United States, where two deaths were reported over the weekend but tests have taken place at a far slower pace, a genetic analysis has suggested that the novel coronavirus has probably been spreading undetected for about six weeks in Washington state. The U.S. Food and Drug Administration on Saturday took steps to sharply expand testing.

Italy now has more than 1 , 823 confirmed cases, while Iran surpassed 1, , with deaths. Travelers from both countries appear to have spread the virus to other nations in the Middle East and Europe. Elsewhere, Indonesia, one of the few large nations thought to be free of the virus, said Monday that it had two confirmed cases, while others were reported from Australia to India and Portugal.

Stock markets staged a cautious recovery in Asia and Europe after Japan’s central bank chief said policy makers would take steps to stabilize market conditions. Still, investors appeared set for a choppy week as fears grow that consumers could curb spending.

Here are the latest developments:

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