Friday, November 15, 2024
 
Coronavirus Crisis Tests Leadership Everywhere, Especially America’s

WASHINGTON, D.C. Mar. 12 (DPI) – Donald Trump gave a 10-minute prime-time speech announcing a 30-day ban on flights to Europe to contain the coronavirus and generally trying to reassure an anxious nation, but the reaction – among readers, pundits and financial markets – was uninspired.

“A travel ban with lots of loop holes does not address the actual problems that need to be solved,” one popular post on WSJ.com pointed out shortly after Trump’s speech. “How will a travel ban slow a pandemic already inside the US?” asked another. “It’s going to make the economic free-fall even worse.”

Shortly after the speech Trump had to tweet a correction that the travel ban did not include a suspension of trade between the US and Europe.

Stock market futures sold off last night and this morning following Trump’s speech, as the leaders of the world’s nations sought to contain the virus’s spread. Currently the virus seems to be proliferating at an exponential rate, and governments are forcing the cancellation of events of many people. The National Basketball Association took the unprecedented step of suspending its season immediately after it was determined that one its players tested positive for the virus.

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