Coronavirus fear spreads faster than virus itself, US experts

Coronavirus fear spreads faster than virus itself, US experts

Coronavirus has taken the lives of over 2000 people at the global level so far. The disease is still spreading quickly all across the world. According to the Centers for Disease Control (CDC), 14000 flu-related deaths are reported in the US this season. There is very little comparison between the flu-related deaths and the coronavirus deaths.

According to the US medical experts, the fear of coronavirus is spreading more quickly as compared to the virus itself. The fear of the respiratory illness rose due to the daily death toll updates, news about the lockdown, and quarantines. Dr. Emily Landon, an epidemiologist at the University of Chicago Hospital, said, “The exact mortality rate is still a big question.”

Dr. Landon added that there was no cure for the disease yet. There are several reasons that are creating an alarming situation related to coronavirus. It is not clear yet whether the antiviral medicines are effective or not. Dr. Landon said, “Everyone is susceptible, and there is no vaccine yet.” According to Dr. Landon, the mortality rate for the coronavirus is higher than the mortality rate for the influenza virus.

Moreover, the fear of coronavirus is impacting the global financial markets badly. China is expected to lose billions while it is still unclear how much financial loss the US will bear. Phillip Braun, a clinical professor of finance at Kellogg School of Management of Northwestern University, said, “Fear has driven the Chinese response to the crisis.”

Major US companies including Apple, Walmart, and Starbucks have been hurt by the coronavirus outbreak. The suspension of flights, closure of stores, and disruption of the supply chain are the major impacts of the disease. Apple has already announced that their earnings are going to be reduced due to the closure of their factories in China. Dr. Landon said that they were being vigilant about the identification and isolation of the virus.

Senior editor of the Chicago Morning Star

Related Posts
Hazard pay, more COVID testing demanded by Hospital Workers
Hospital workers have called for hazard pay and more COVID-19 testing as these labors are
US Senate passes COVID-19 stimulus bill on Wednesday
After days of wrangling, the coronavirus stimulus bill has been passed by the US Senate
Coronavirus spreads in US
The coronavirus pandemic continues to grow in US as China has reported no domestic cases
Pritzker launches new website related to state’s response to COVID-19 pandemic
JB Pritzker, the governor of Illinois, has been giving a daily briefing to the media
Illinois suffers its first death due to COVID-19 pandemic
The first coronavirus-related death has been reported in Illinois on Tuesday. JB Pritzker, the governor
UAE suspends prayers in mosques and other social events amid coronavirus outbreak
The government of the United Arab Emirates issued a decree that suspended prayers in the
COVID-19 affects Area Museums
Coronavirus has taken a toll on everyone and everything as many public events have been
State officials move to ban public gatherings for one month across Illinois
32 cases of coronavirus have been confirmed by the relevant authorities in Illinois so far.
US describes lockdown situation in Italy amid coronavirus outbreak
Italy is one of the most affected countries from the current coronavirus outbreak. According to
Biden announces suspension of campaign events amid coronavirus
Joe Biden, the former vice-president of the US, announced the suspension of campaign events due