A little known financial mechanism set up by the World Bank could be behind the decision not to declare the coronavirus a pandemic reports
Yet, in light of the growing coronavirus outbreak, the investors who purchased those products could lose millions if global health authorities were to use that label in relation to the surge in global coronavirus cases.
On Tuesday, federal health officials at the Center for Disease Control and Prevention (CDC) announced that they are preparing for a “potential pandemic” of the novel coronavirus that first appeared in China late last year. The World Health Organization (WHO) has stated that an estimated 80,000 worldwide have contracted the disease, most of them in China, while more than 2,700 have died.(READ MORE)