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Coronavirus Live Updates: U.S. May Extend Tax Deadline as Infections Pass 1,000 | Coronavirus Live Updates: U.S. May Extend Tax Deadline as Infections Pass 1,000 |
(32 minutes later) | |
新冠病毒疫情最新消息 | 新冠病毒疫情最新消息 |
The effort to stem the economic fallout of the coronavirus took on new urgency around the world on Wednesday as ever more sweeping restrictions on the free movement of people threatened to upend daily life in more than 100 countries dealing with the public health crisis. | The effort to stem the economic fallout of the coronavirus took on new urgency around the world on Wednesday as ever more sweeping restrictions on the free movement of people threatened to upend daily life in more than 100 countries dealing with the public health crisis. |
The Trump administration is considering extending the tax filing deadline from all Americans beyond April 15, while lawmakers are discussing a stimulus package. | The Trump administration is considering extending the tax filing deadline from all Americans beyond April 15, while lawmakers are discussing a stimulus package. |
The Bank of England joined central banks in the United States and Australia in taking steps to bolster investor confidence and ease pressures on the economy. | |
With the entire nation of Italy locked down and movements among its 60 million citizens severely restricted, the government announced a plan on Wednesday to spend $28 billion to combat the virus and ease economic suffering. | |
Concern still reigned among investors in the Asia-Pacific region, where stocks fell broadly, but European markets nudged higher. Futures markets indicated that Wall Street could be in for a tough opening. | |
Beyond the economic fallout, the rhythms of daily life continued to stutter as more countries announced school closures, employers urged people to work from home and high-profile events were canceled or curtailed. | Beyond the economic fallout, the rhythms of daily life continued to stutter as more countries announced school closures, employers urged people to work from home and high-profile events were canceled or curtailed. |
Matteo Renzi, a former prime minister of Italy, told the Times that the sacrifices being made in his country would serve all of Europe. | |
“Today, the red zone is Italy,” he said. But in 10 days, he warned, it will be Madrid, Paris and Berlin. Italy needs to show how to stop it, Mr. Renzi said. If it fails, “the red zone will be Europe.” | “Today, the red zone is Italy,” he said. But in 10 days, he warned, it will be Madrid, Paris and Berlin. Italy needs to show how to stop it, Mr. Renzi said. If it fails, “the red zone will be Europe.” |
Much can change in 10 days. | Much can change in 10 days. |
It was 10 days ago when New York announced its first confirmed case of the virus. On Wednesday morning, the National Guard was moving into the suburb of New Rochelle to help put the nation’s first “containment area” in place. Churches, schools and synagogues within a one-square-mile area were closed and people’s movements restricted in an effort to head off further spread of the virus, which has infected at least 170 people in the state. | It was 10 days ago when New York announced its first confirmed case of the virus. On Wednesday morning, the National Guard was moving into the suburb of New Rochelle to help put the nation’s first “containment area” in place. Churches, schools and synagogues within a one-square-mile area were closed and people’s movements restricted in an effort to head off further spread of the virus, which has infected at least 170 people in the state. |
In Washington State, Gov. Jay Inslee is expected to announce a prohibition on community gatherings of 250 or more people in the Seattle area, as the number of confirmed coronavirus cases approached 300 — the most in the country — and the number of deaths has reached 24. | In Washington State, Gov. Jay Inslee is expected to announce a prohibition on community gatherings of 250 or more people in the Seattle area, as the number of confirmed coronavirus cases approached 300 — the most in the country — and the number of deaths has reached 24. |
The speed at which the virus has spread has compounded the consequences of a series of missed chances by the federal government to ensure more widespread testing during the early days of the outbreak, when containment would have been easier. | The speed at which the virus has spread has compounded the consequences of a series of missed chances by the federal government to ensure more widespread testing during the early days of the outbreak, when containment would have been easier. |
The Treasury Department is considering delaying tax payments beyond the April 15 deadline, according to a person familiar with the plans, as taxpayers and the Internal Revenue Service brace for economic disruption from the spread of the coronavirus. | The Treasury Department is considering delaying tax payments beyond the April 15 deadline, according to a person familiar with the plans, as taxpayers and the Internal Revenue Service brace for economic disruption from the spread of the coronavirus. |
Treasury and White House officials have been discussing the idea of extending the tax deadline over the past week as the administration considers measures to relieve financial pressure on individuals and businesses struggling with fallout from a virus that has closed schools, kept workers at home and disrupted supply chains. | Treasury and White House officials have been discussing the idea of extending the tax deadline over the past week as the administration considers measures to relieve financial pressure on individuals and businesses struggling with fallout from a virus that has closed schools, kept workers at home and disrupted supply chains. |
Get an informed guide to the global outbreak with our daily coronavirus | |
newsletter. | |
The I.R.S. could extend the tax payment deadline or waive penalties and interest for late payments. | The I.R.S. could extend the tax payment deadline or waive penalties and interest for late payments. |
The plan, which was reported earlier by The Wall Street Journal, came as Democrats on the House Ways and Means Committee wrote to Charles Rettig, the I.R.S. commissioner, to ask for an update on the effect of the outbreak on tax filing season and for an evaluation of whether the agency needed to re-evaluate the traditional April 15 deadline. | The plan, which was reported earlier by The Wall Street Journal, came as Democrats on the House Ways and Means Committee wrote to Charles Rettig, the I.R.S. commissioner, to ask for an update on the effect of the outbreak on tax filing season and for an evaluation of whether the agency needed to re-evaluate the traditional April 15 deadline. |
On Monday, as stock markets plunged, President Trump said the administration would consider economic stimulus options, including a payroll tax cut and other relief. Larry Kudlow, the director of the National Economic Council, said on Tuesday that the administration could use executive authority to help individuals and businesses, noting that “we have leverage on tax deferral.” | On Monday, as stock markets plunged, President Trump said the administration would consider economic stimulus options, including a payroll tax cut and other relief. Larry Kudlow, the director of the National Economic Council, said on Tuesday that the administration could use executive authority to help individuals and businesses, noting that “we have leverage on tax deferral.” |
Delaying tax day would also ease logistical problems that the I.R.S. could face if more government workers were forced to work remotely. The tax collection agency has service centers across the country that require staff to have face-to-face contact with the general public. | Delaying tax day would also ease logistical problems that the I.R.S. could face if more government workers were forced to work remotely. The tax collection agency has service centers across the country that require staff to have face-to-face contact with the general public. |
Prime Minister Giuseppe Conte of Italy announced on Wednesday that his government was developing a plan to spend 25 billion euros, about $28 billion, to confront the coronavirus emergency. | Prime Minister Giuseppe Conte of Italy announced on Wednesday that his government was developing a plan to spend 25 billion euros, about $28 billion, to confront the coronavirus emergency. |
“We will do everything necessary,” Mr. Conte said at a news conference on Wednesday. | “We will do everything necessary,” Mr. Conte said at a news conference on Wednesday. |
The details of the plan will be outlined in more detail on Friday but are expected to include broader unemployment benefits and tax relief for companies, as well as the possibility of parents taking time off work or receiving a “babysitter voucher.” | The details of the plan will be outlined in more detail on Friday but are expected to include broader unemployment benefits and tax relief for companies, as well as the possibility of parents taking time off work or receiving a “babysitter voucher.” |
Schools in Italy remained closed on Wednesday as the country entered its second day under lockdown. With total infections numbering more than 10,000 — with more than 630 deaths — the country’s health system has showed signs of buckling under the pressure, and some of the money would be earmarked for hospitals and other medical facilities. | Schools in Italy remained closed on Wednesday as the country entered its second day under lockdown. With total infections numbering more than 10,000 — with more than 630 deaths — the country’s health system has showed signs of buckling under the pressure, and some of the money would be earmarked for hospitals and other medical facilities. |
Mr. Conte said that European Union officials had shown “openness” to Italy’s need for greater liquidity to “deal with this emergency.” | Mr. Conte said that European Union officials had shown “openness” to Italy’s need for greater liquidity to “deal with this emergency.” |
Roberto Gualtieri, the Italian economy minister, said that some of the measures that the government was deliberating could take advantage of European funds. | Roberto Gualtieri, the Italian economy minister, said that some of the measures that the government was deliberating could take advantage of European funds. |
Mr. Conte said that half of the $28 billion would be used immediately, while the remainder would be used “to deal with all the difficulties of this emergency.” | Mr. Conte said that half of the $28 billion would be used immediately, while the remainder would be used “to deal with all the difficulties of this emergency.” |
As the United States scrambled to understand the scope of the escalating public health crisis, the number of known U.S. cases of coronavirus infection passed 1,000 on Tuesday night, signaling that the virus was spreading widely in communities on both coasts and in the center of the country. | As the United States scrambled to understand the scope of the escalating public health crisis, the number of known U.S. cases of coronavirus infection passed 1,000 on Tuesday night, signaling that the virus was spreading widely in communities on both coasts and in the center of the country. |
In yet another sign that the pace of infections was increasing, more than a quarter of the country’s cases were announced on Tuesday. As of early Wednesday, people in 37 states and Washington, D.C., had tested positive for the virus. There were at least 31 related deaths. | In yet another sign that the pace of infections was increasing, more than a quarter of the country’s cases were announced on Tuesday. As of early Wednesday, people in 37 states and Washington, D.C., had tested positive for the virus. There were at least 31 related deaths. |
As health officials around the country take increasingly drastic measures to try to slow the virus’s spread, Gov. Jay Inslee of Washington State planned to announce on Wednesday a prohibition on community gatherings of 250 or more people in the Seattle area, according to a person involved in the discussions. The announcement is expected to target events such as sports games and entertainment gatherings while offering exceptions to schools and retail stores. | As health officials around the country take increasingly drastic measures to try to slow the virus’s spread, Gov. Jay Inslee of Washington State planned to announce on Wednesday a prohibition on community gatherings of 250 or more people in the Seattle area, according to a person involved in the discussions. The announcement is expected to target events such as sports games and entertainment gatherings while offering exceptions to schools and retail stores. |
In California, second only to Washington State in the number of cases, passengers continued to disembark from a cruise ship on which about two dozen people had tested positive for the virus. | In California, second only to Washington State in the number of cases, passengers continued to disembark from a cruise ship on which about two dozen people had tested positive for the virus. |
As of Tuesday evening, about 1,406 people had been able to leave the ship, the Grand Princess, after it docked in Oakland. Some passengers and state officials expressed frustration about what they said was the slow pace of the departures. | As of Tuesday evening, about 1,406 people had been able to leave the ship, the Grand Princess, after it docked in Oakland. Some passengers and state officials expressed frustration about what they said was the slow pace of the departures. |
“I don’t want to start crying, but I’m stressed,” said Denise Morse, from Davis, Calif., who has been quarantined in her stateroom since Friday. “This is very exhausting to experience.” | “I don’t want to start crying, but I’m stressed,” said Denise Morse, from Davis, Calif., who has been quarantined in her stateroom since Friday. “This is very exhausting to experience.” |
And across the country, more colleges canceled classes and told students not to return to campuses after their spring breaks. | And across the country, more colleges canceled classes and told students not to return to campuses after their spring breaks. |
Isabella Kwasnik, a senior at Harvard College, said the move was startling. “You spend four years at a university, and you work incredibly hard and expect that at the end you can tie a bow on it and wrap it up,” she said. | Isabella Kwasnik, a senior at Harvard College, said the move was startling. “You spend four years at a university, and you work incredibly hard and expect that at the end you can tie a bow on it and wrap it up,” she said. |
“But there’s this unexpected outcome,” she added. “It’s just a logistical and emotional nightmare.” | “But there’s this unexpected outcome,” she added. “It’s just a logistical and emotional nightmare.” |
The speed of the coronavirus spread across Europe — with Italy accounting for about half of the nearly 20,000 cases on the Continent — has left countries scrambling to come up with a coordinated containment plan. | |
At the end of February, European nations other than Italy had reported just a few dozen cases. Now, Britain, France, Germany and Spain have well over 1,000 cases each. | |
Hundreds of cases have also been reported elsewhere: the Netherlands, Norway and Switzerland each have at least 400 confirmed infections; Denmark and Belgium, which said a first person had died of the virus on Wednesday, have both reported more than 250 cases, and Sweden has more than 350. | |
Even the island nation of Iceland has not escaped, with 81 infections in a population of about 364,000, one of the highest number of cases per capita worldwide. | |
Some of the countries with the fewest cases are taking the most drastic actions. | |
Greece and Ukraine announced this week the closing of all schools, universities, and kindergartens. | |
Poland, which on Wednesday had 25 confirmed cases, will also shut down theaters, movie theaters, museums and art galleries for two weeks starting Friday. | |
Denmark has suspended naturalization ceremonies because a handshake is officially required for their completion. | |
In an unusual three-hour teleconference on Tuesday night, the European Council, which comprises the heads of government of the European Union states, decided to set up a $28 billion investment fund and to relax rules governing airlines. | |
But the leaders failed to overcome disagreements among bloc members about sharing medical equipment like face masks and respirators, given that health issues are the responsibility of national governments. | |
After the meeting, President Emmanuel Macron of France said: “What we are living is a true world crisis.” | |
Some workers in Hubei Province, the center of the global epidemic and site of more than 3,000 coronavirus-related deaths, are returning to their jobs, the government said, the first signs of normalcy after a weekslong lockdown. | Some workers in Hubei Province, the center of the global epidemic and site of more than 3,000 coronavirus-related deaths, are returning to their jobs, the government said, the first signs of normalcy after a weekslong lockdown. |
The partial easing of the lockdown, which includes the lifting of some travel restrictions, came one day after Xi Jinping, the leader of China, visited Wuhan, the provincial capital. Mr. Xi’s presence indicated the government’s confidence that it had begun to bring the outbreak under control even as the rest of the world was just waking up to the threat. | The partial easing of the lockdown, which includes the lifting of some travel restrictions, came one day after Xi Jinping, the leader of China, visited Wuhan, the provincial capital. Mr. Xi’s presence indicated the government’s confidence that it had begun to bring the outbreak under control even as the rest of the world was just waking up to the threat. |
The authorities said vital industries, including suppliers of medical equipment and agricultural products, would soon resume work. | The authorities said vital industries, including suppliers of medical equipment and agricultural products, would soon resume work. |
In high-risk parts of Hubei outside Wuhan, river ports, insurance companies and those operating in the country’s key supply chains can also return to work. | In high-risk parts of Hubei outside Wuhan, river ports, insurance companies and those operating in the country’s key supply chains can also return to work. |
The province’s social life remains curtailed. Movie theaters, gyms and karaoke bars — even those in low-risk areas — will stay closed. Schools will, too, until further notice. | The province’s social life remains curtailed. Movie theaters, gyms and karaoke bars — even those in low-risk areas — will stay closed. Schools will, too, until further notice. |
Train, automobile and airplane traffic can gradually restart in an “orderly” manner in the province’s lower-risk areas, the government said. | Train, automobile and airplane traffic can gradually restart in an “orderly” manner in the province’s lower-risk areas, the government said. |
Across China, there have been more than 80,000 confirmed cases and more than 3,000 deaths. In Hubei alone, where the epidemic has been most severe, there are a total of nearly 68,000 confirmed cases. Nearly all the coronavirus deaths in China have been in Hubei. | |
But also on Wednesday, Beijing announced tighter restrictions and quarantine measures on those entering the capital. | But also on Wednesday, Beijing announced tighter restrictions and quarantine measures on those entering the capital. |
All travelers entering Beijing will have to self-quarantine at home or at a designated site for 14 days. | All travelers entering Beijing will have to self-quarantine at home or at a designated site for 14 days. |
Those arriving in Beijing for a short business trip must stay at assigned hotels and are subject to testing. They cannot leave the premises until the results of the tests are determined, city officials said. | Those arriving in Beijing for a short business trip must stay at assigned hotels and are subject to testing. They cannot leave the premises until the results of the tests are determined, city officials said. |
Here are some of the most common questions that readers are asking about how they can prepare for the coronavirus, how they can boost their immune systems and how they should react to the market. (Don’t, probably.) | |
Nadine Dorries, a British health minister, confirmed reports late on Tuesday that she had tested positive for the coronavirus. She had attended a reception at Prime Minister Boris Johnson’s official residence two days earlier. | Nadine Dorries, a British health minister, confirmed reports late on Tuesday that she had tested positive for the coronavirus. She had attended a reception at Prime Minister Boris Johnson’s official residence two days earlier. |
Ms. Dorries said in a post on Twitter that she had felt “pretty rubbish,” but hoped that the worst of the viral illness had come and gone. British news reports said she was the first member of Parliament to test positive. | Ms. Dorries said in a post on Twitter that she had felt “pretty rubbish,” but hoped that the worst of the viral illness had come and gone. British news reports said she was the first member of Parliament to test positive. |
Health officials were rushing to trace her contacts, which included dozens of constituents and lawmakers, as well as co-workers at the Department of Health and Social Care, according to British news outlets. She was at 10 Downing Street, Mr. Johnson’s residence, on Sunday for International Women’s Day. | Health officials were rushing to trace her contacts, which included dozens of constituents and lawmakers, as well as co-workers at the Department of Health and Social Care, according to British news outlets. She was at 10 Downing Street, Mr. Johnson’s residence, on Sunday for International Women’s Day. |
The news prompted discussion in Britain about whether Parliament would need to be suspended. Lawmakers meet in the cramped House of Commons, sitting shoulder to shoulder on green leather benches and often spilling into the aisles and standing-room areas, creating fertile conditions for illness to spread. | The news prompted discussion in Britain about whether Parliament would need to be suspended. Lawmakers meet in the cramped House of Commons, sitting shoulder to shoulder on green leather benches and often spilling into the aisles and standing-room areas, creating fertile conditions for illness to spread. |
Some observers noted that Ms. Dorries appeared to have voted in the House of Commons about a week ago, meaning she had at least brief contact with other lawmakers at a time when she was presumably contagious. | Some observers noted that Ms. Dorries appeared to have voted in the House of Commons about a week ago, meaning she had at least brief contact with other lawmakers at a time when she was presumably contagious. |
But her most dangerous contact may have been with her 84-year-old mother, who is staying with her, Ms. Dorries wrote on Twitter late Tuesday night. “Thanks for so many good wishes,” Ms. Dorries wrote, adding that her mother had developed a cough. “She is being tested tomorrow,” she wrote. “Keep safe and keep washing those hands, everyone.” | But her most dangerous contact may have been with her 84-year-old mother, who is staying with her, Ms. Dorries wrote on Twitter late Tuesday night. “Thanks for so many good wishes,” Ms. Dorries wrote, adding that her mother had developed a cough. “She is being tested tomorrow,” she wrote. “Keep safe and keep washing those hands, everyone.” |
The Bank of England slashed its key borrowing rate on Wednesday before the opening of stock trading in London. | The Bank of England slashed its key borrowing rate on Wednesday before the opening of stock trading in London. |
Britain’s central bank cut the rate by half of a percentage point, bringing it down to one-quarter of a percent. The move to support the economy was approved unanimously in an emergency meeting of the central bank’s policymaking board, the Bank of England said. | Britain’s central bank cut the rate by half of a percentage point, bringing it down to one-quarter of a percent. The move to support the economy was approved unanimously in an emergency meeting of the central bank’s policymaking board, the Bank of England said. |
The move is intended “to support business and consumer confidence at a difficult time, to bolster the cash flows of businesses and households, and to reduce the cost, and to improve the availability, of finance,” the bank said. | The move is intended “to support business and consumer confidence at a difficult time, to bolster the cash flows of businesses and households, and to reduce the cost, and to improve the availability, of finance,” the bank said. |
The bank announced other measures to support small and midsize businesses. | The bank announced other measures to support small and midsize businesses. |
During testimony before the Treasury select committee last week, the Bank of England governor, Mark Carney, promised that the bank would “take all the necessary steps to support the U.K. economy and financial system.” | During testimony before the Treasury select committee last week, the Bank of England governor, Mark Carney, promised that the bank would “take all the necessary steps to support the U.K. economy and financial system.” |
Andrew Bailey, who takes over as governor on Monday, also spoke in front of the Treasury committee and said that coronavirus would be the “first and most pressing issue” that the bank would face. “It is evolving very quickly and in an unprecedented and unexpected fashion, so we have to be nimble,” he added. | Andrew Bailey, who takes over as governor on Monday, also spoke in front of the Treasury committee and said that coronavirus would be the “first and most pressing issue” that the bank would face. “It is evolving very quickly and in an unprecedented and unexpected fashion, so we have to be nimble,” he added. |
Wednesday’s move is the Bank of England’s first rate cut since the virus outbreak. The Federal Reserve in the United States did the same last week in the midst of a market sell-off. | Wednesday’s move is the Bank of England’s first rate cut since the virus outbreak. The Federal Reserve in the United States did the same last week in the midst of a market sell-off. |
Reporting was contributed by Steven Erlanger, Andrew Kramer, Joanna Berendt, Marc Santora, Megan Specia, Iliana Magra, Elian Peltier, Jason Horowitz, Emma Bubola, Nicholas Bogel-Burroughs, Jorge Arangure, Elaine Yu, Amy Qin, Alan Rappeport, Emily Cochrane, Sheri Fink, Mike Baker and Benjamin Mueller. | |