Coronavirus Scenario By The OBR - Coming Soon!

At midday today we’ll publish results of a coronavirus scenario illustrating the possible effects on the economy and public finances of a 3-month shutdown and the Government’s policy responses. This is *not* a forecast, just 1 scenario of many that could unfold. #OBRcovidscenario pic.twitter.com/znxkoDXBOW

— Office for Budget Responsibility (@OBR_UK) April 14, 2020

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Beware The Coronavirus Container Crunch

Lars Jensen from SeaIntelligence in Copenhagen said the loss of traffic , as a result of the coronavirus shutting down China's ports and container business, is running at 300,000 containers a week.

This will cause a logistical crunch in Europe in early March even if the epidemic is brought under control quickly.

This will lead to shortages and price rises.

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China's Economy Tanking

BEIJING, Feb 11 (Reuters) - Chinese President Xi Jinping warned top officials last week that efforts to contain the new coronavirus had gone too far, threatening the country's economy, sources told Reuters, days before Beijing rolled out measures to soften the blow.

— Vincent Lee (@Rover829) February 11, 2020

This will be a difficult balancing act; on the one had trying to kick start the economy, on the other hand trying to kill to coronavirus. 

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Nissan Halts Production at Kyushu Due To Coronavirus

Reuters: NISSAN MOTOR TO TEMPORARILY HALT PRODUCTION AT KYUSHU PLANT DUE TO CORONAVIRUS -NIKKEI

— Vincent Lee (@Rover829) February 10, 2020

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China Attempting To Stabilise Corona Infected Economy

Exclusive: As virus fallout widens, China readies more measures to stabilize economy - sources https://t.co/Cq3sRwYSr0 pic.twitter.com/yuANLx7uBF

— Reuters (@Reuters) February 4, 2020

Measures include:

- loosening monetary policy
- reducing growth forecasts
- increasing government expenditure
- reducing banks' capital requirements
- cutting taxes

Chinese Economy Catches The Coronavirus

#China's securities regulator CSRC has reportedly notified brokerages to suspend short selling of stocks from Feb 3, according to the 21st Century Business Herald.

— YUAN TALKS (@YuanTalks) February 2, 2020