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Italy Closes Most Stores; U.S. Eyes Europe Ban: Virus Update

Bloomberg business news
WHO Declares Coronavirus Outbreak a Pandemic as Cases Soar
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The World Health Organization declared the coronavirus outbreak a pandemic. President Donald Trump is said to be weighing whether to restrict non-essential travel from Europe to the U.S. He will address the nation later Wednesday.

Local and state officials across the U.S. took several steps to discourage or ban large gatherings, and Seattle became the first major American city to close its public schools. Italy closed all businesses except pharmacies and grocery stores.