The WHO still has not put out a global pandemic alert.

However, it's clear the virus is spreading exponentially in many countries and on at least two continents.

Italy Update

  • 11 towns, 50,000 people, placed in lockdown.
  • Armed forces and police forces have been mobilized to form an insurmountable "health belt" around contagion areas. Roadblock violators risk up to a 3 months prison sentence.
  • Schools closed in Lombardy, Veneto, Friuli Venezia Giulia, Emilia Romagna, Liguria, and in Trentino Alto Adige regions. Universities closed in Piedmont.
  • Mayor of one of the towns in lockdown says they've run out of coronavirus testing kits.
  • 78 new cases in Italy and 1 new death.
  • Carnival in Venice and all sport and public events in Veneto cancelled.
  • All public and private events, including sport, cultural, and religious events in Lombardy cancelled. Movie theaters closed.
  • More than 40 football matches, including at least 4 Serie A games, postponed.
  • Armani cancels his fashion show today in Milan.
  • Teatro alla Scala in Milan suspends all performances.

Japan Update

  • 12 new cases
  • One new case was a woman in her 50s who works as a part-time school lunch attendant in Hokkaido. She had sore throat on February 15. She wore a mask, a white coat, and gloves, and carried lunches to 194 school children from the serving room to each classroom using a wagon.

South Korea Update

  • President Moon Jae-in raised the alert level to maximum (Level 4: Serious) thus empowering the government to lock down cities and restrict travel. “The coming few days will be a critical time for us” he said in an emergency meeting.
  • 166 new cases and 4 new deaths in South Korea.

South Korea Progression

  1. Feb. 18: 31 cases
  2. Feb. 19: 58 cases
  3. Feb. 20: 111 cases
  4. Feb. 21: 209 cases
  5. Feb. 22: 433 cases
  6. Feb 23: 602 cases

The above from Worldometers

US Equity Futures

  • S&P 500: -40 Down 1.22%
  • Nasdaq: -159 Down 1.7%

South Korea Kospi Index Plunges 3%

China Race against the Clock

China Lockdown Stats

New Iran Officials Soon Needed

Jim Bianco on South Korea

60% Decline in French Tourists

Iran Schools Closed

Mike "Mish" Shedlock

Coronavirus Update and Tweets of the Day

Tweets of the Day: Expensive Words, Death Rate Comparison, Containment, Forward Guidance, and Trump Says

Coronavirus Update and Tweets of the Day

US schools shut, more Princess Cruise Ship disasters, Huge hotel cancellations, airline index plunge.

Tweets of the Day: US Woefully Unprepared for Coronavirus

The coronaviris is spreading rapidly outside China. The US is not close to being prepared if we get hit.

Italy and Iran Spreading the Coronavirus Like Mad

Global coronavirus cases outside of China growing exponentially. The main sources of global transfer are Italy and Iran.

Coronavirus Update and Tweets of the Day

As expected, an increased number of tests in the West led to an increased number of cases in the US and elsewhere.

Coronavirus Can Spread in Poop and On Doorknobs

Let's take a look at some of the latest reports on the spread of the coronavirus.

Coronavirus Global Update and Tweets of the Day

People in 5 States with 23% of the US are under stay home orders as the number of cases jumps 25% in a day.

Containment Fails: Coronavirus Tweets of the Day

Containment has clearly failed. A global recession is on the way.

Coronavirus Tweets of the Day

Here's some interesting Tweets from the elbow bump to long 21-day quarantines to deaths to toilet paper thefts.