World prepares for coronavirus pandemic

Updated February 28 2020 - 7:23pm, first published 7:20pm
The spread of the coronavirus outbreak has prompted fears of a global recession.
The spread of the coronavirus outbreak has prompted fears of a global recession.

Countries on three continents have reported reported their first cases of the coronavirus as the world prepared for a pandemic of the disease and investors dumped equities in expectation of a global recession.

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