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Globally, the number of confirmed coronavirus cases topped 300,000 over the weekend, only four days after going above 200,000. In recent periods, the number of new cases has been around 30,000 daily.
Italy appears to have been the front-runner in Europe, but worryingly Switzerland and Spain are on a faster trajectory, once adjusted for population and time of the outbreak. The rest of Europe and most of the rest of the world looks set to experience – at least for the next few days – exponential growth rates, until the social distancing and travel restrictions rules start to slow down the virus spread. Speaking of which, it is now clear that the policies enacted by China, Japan, S Korea and Singapore have been successful at stemming and eventually stopping the outbreaks. The rest of the world must follow suit now!
Note: This information is from Update #24 from the Platts Coronavirus Dashboard for Energy Demand released on March 16, 2020. This information is updated daily for subscribers.