These are some of the latest developments Wednesday in the world's coronavirus pandemic:
— PRESIDENT TRUMP INVOKES EMERGENCY AUTHORITY
President Donald Trump invoked emergency authority to marshal industry to fight the coronavirus as the economic fallout from the crisis mounted. The entire U.S. auto industry announced it was shutting down its North American factories. Stocks tumbled again on fears of a prolonged recession, falling so fast they triggered another automatic trading halt. The Dow Jones Industrial Average shed more than 1,300 points, or over 6 percent, and has now lost nearly all of the big gains it had posted since Trump’s inauguration.
— NUMBER OF WORLDWIDE CASES TOPS 200,000
The number of people infected worldwide surpassed the 200,000 mark. Deaths topped 8,700, but the number of people considered recovered reached over 83,000, according to a tally kept by Johns Hopkins University. The countries with the most confirmed cases were China, Italy, Iran, Spain and Germany. The countries with the most confirmed deaths were China, Italy, Iran, Spain and France. The United Nations warned that the pandemic could lead to the loss of nearly 25 million jobs around the world.
— BORDERS SLAM SHUT
More borders slammed shut across Europe and North America, with the U.S. and Canada closing their boundaries to all but essential travel. Trump says he plans to assert extraordinary powers to immediately turn back to Mexico anyone who crosses over the southern border illegally. European Union leaders agreed to shut down the bloc’s external borders and ban entry of most foreigners for 30 days.
— CANCER, HEART SURGERIES DELAYED