Word: h1n1
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...media has been hyper-focused this weekend on the news that more than 1,000 people in Mexico have become infected with Swine flu, also known as Influenza A H1N1. Nearly 90 people have died from the outbreak. The strain appears to have spread to several countries including the United States. One of the most notable pieces of information about this outbreak is that in the U.S. and Canada the cases have been described as "mild...
...authorities around the world rush to work out where swine flu will turn up next, the movement of markets Monday was far more predictable. With cases of the new H1N1 virus confirmed from Mexico to Spain - and tests on possible cases underway from New Zealand to Britain - investors battled their own nerves. Recovering slightly from earlier losses, Britain's FTSE 100 index of leading shares was down just under 1% in early afternoon trading. Indices in France and Germany, likewise up on their earlier lows Monday, were nonetheless subdued amid the global jitters triggered by the spread...
...long stocks hold those positions in the face of the threat from H1N1 remains to be seen. The fact that shares hit hard early had regained lost ground Monday suggests markets had earlier "responded in the time honored fashion," says Howard Wheeldon, senior strategist at BGC Partners in London, namely with "a degree of overreaction...
...Though the World Health Organization (WHO) is referring to the situation as a "public-health emergency of international concern," the apparent emergence in several countries of an entirely new strain of H1N1 flu virus has led some scientists to believe that it is only a matter of time before the WHO declares pandemic status, a move that could prompt travel bans to infected countries. "We are clearly seeing wide spread," says Michael Osterholm, a pandemic risk expert who runs the University of Minnesota's Center for Infectious Disease Research and Policy. "There is no question." (See a photogallery on swine...
...declaration of a public-health emergency is part of what federal officials termed an "aggressive response" to the outbreaks. In addition to releasing from the national stockpile some 12.5 million doses of the antiviral drugs Tamiflu and Relenza - which scientists say has so far been effective against the H1N1 swine flu virus - the Department of Homeland Security will begin "passive surveillance" to screen people entering the U.S. Any traveler coming from a country with a confirmed human swine flu infection will be questioned, checked for symptoms and potentially isolated if they are found ill. Though the CDC has issued public...