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First British Death From Coronavirus is Passenger From Cruise Ship

Virus-Driven Supply Chain Anxiety Mounts as Wall Street Plunge Continues

As key Wall Street indexes extended their losing streak on Feb. 27, experts pointed to a growing concern among investors that the effects of broken global supply chains due to the novel coronavirus (COVID-19) may be greater than previously thought. “COVID-19 brought the production and transportation of many goods to a near standstill from which they have not yet recovered, and at a time when pandemic concerns are still rising,” said Allen Sukholitsky, chief macro strategist at Xallarap Advisory. He told The Epoch Times in an email that concerns over broken supply chains are one reason investors are fleeing risky assets. “Quarantines. Closed borders and ports. Suspended flights and freight,” he said, adding that “equities are reacting to the implied impact of almost 80,000 confirmed cases of COVID-19.” “Records are…

First British Death From Coronavirus is Passenger From Cruise Ship

The first British national to die from the new COVID-19 virus was on the Diamond Princess cruise ship before being hospitalized in Japan, where the ship docked earlier this month.

Four British nationals had to stay in Japan after they tested positive for the new virus as the rest of the nationals on the ship, docked in Yokohama, were evacuated from Japan last week after testing negative.

One of those four died, the Japanese Ministry of Health said on Friday. He’s the sixth passenger from the ship,聽and the first foreigner, to perish.

The patient was not named. It wasn’t clear how old he was.

Princess Cruises, which operates the Diamond Princess, said in a statement: “All of us at Princess Cruises, including the crew of Diamond Princess, offer our sincere condolences to family members and friends for their loss.”

First British Death From Coronavirus is Passenger From Cruise Ship The Diamond Princess cruise ship is seen at the Daikoku Pier Cruise Terminal in Yokohama port on Feb 27, 2020. (Kazuhiro Nogi/AFP via Getty Images)

UK Health Minister Jo Churchill said that a British man who was on the ship was in poor condition.

Speaking on BBC Radio, according to the Guardian, she said:聽鈥淭he Foreign Office are supporting the family of a British man who has been very poorly and was a passenger onboard the Diamond Princess.”

“I haven鈥檛 had confirmation, but I was aware there was a gentleman who was very, very poorly,” she added.

Japan has confirmed 705 infections from the Diamond Princess and 200 domestically. Fourteen others were evacuated from China to Japan.

Countries around the world sent chartered flights into Japan to evacuate citizens who were on the ship earlier this month, starting with the United States.

The last passengers left the ship in recent days, as did crew members. Many who tested positive are hospitalized in Japan.

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Panasonic Pulls out of Tesla Solar Power Joint Venture

Japanese electronics giant Panasonic says it is pulling out of its ‘Gigafactory’ solar roof joint venture with Tesla, according to a聽company statement. Panasonic will wind down production of photovoltaic cells and modules as part of streamlining its global solar strategy. The company’s U.S. solar manufacturing operations will cease by the end of May and it will vacate the Buffalo, New York, facility by the end of September. Panasonic expects that some of its workforce will find employment with Tesla, as Elon Musk’s company seeks to continue the development of its operations in New York. “The decision to transition away from U.S. solar manufacturing in Buffalo aligns with our global solar strategy, our efforts to optimize development and production, and supports Tesla鈥檚 long-term plans to continue and expand its operations,” said…