Is the Coronavirus Affecting Israel’s Economy?

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DAILY DOSE | Dan Catarivas, the Director-General of the Manufactures’ Association of Israel, speaks to Jeff Smith on the coronavirus and its potential impact on Israel’s economy.  

Story (related): The World Health Organization said Tuesday that the outbreak of the deadly novel coronavirus, which has spread from China to two dozen countries, does not yet constitute a “pandemic.”

“Currently we are not in a pandemic,” Sylvie Briand, head of WHO’s Global Infectious Hazard Preparedness division, told reporters in Geneva.
Instead, she said, “we are at the phase where it is an epidemic with multiple foci.”
The disease has killed more than 425 people and infected a further 20,000 in China, nearly all of them in central Hubei province — the epicenter of the outbreak — and spread to two-dozen countries since it emerged in December.
Briand said that while there is rapid spread of transmission in Hubei, outside the province there are mainly “spillover cases” with sporadic clusters of transmission.
“In these other places in China, the strategy currently is to stop transmission,” she said, adding that the same was true for affected countries outside of China.
“We would like to make sure that we don’t have a second Hubei type of scenario,” she said.
Authorities in China have taken dramatic measures to halt transmission, while other affected countries have put in place steps to rein in the spread.