Bahrain's Formula One race 'participants only' due to virus | iNFOnews | Thompson-Okanagan's News Source

Current Conditions

Partly Cloudy

Bahrain's Formula One race 'participants only' due to virus

A man wearing protective gear disinfects Health Ministry headquarters because of the new coronavirus, in Tehran, Iran, Saturday, March 7, 2020. (AP Photo/Vahid Salemi)
March 08, 2020 - 1:30 AM

DUBAI, United Arab Emirates - Bahrain on Sunday said its Formula One race this month will only allow “participants only” over fears about the new coronavirus.

Bahrain’s Crown Prince Salman bin Hamad's announcement was carried by the state-run Bahrain News Agency. The crown prince said the decision was “to preserve the safety of citizens, residents and racing fans.” The race is scheduled for March 22.

Stock markets across the Mideast suffered sharp drops in early trading Sunday over fears about the new coronavirus and falling demand for crude oil, amid a failure by OPEC and allied nations to cut production.

The Dubai Financial Market saw stocks drop by over 8% in a steep selloff. Boursa Kuwait stopped trading as shares fell below 7%. The Abu Dhabi Securities Exchange dropped by 6%. Saudi Arabia’s Tadawul stock exchange fell over 6% as the market opened.

OPEC and key ally Russia failed to agree on a cut to oil production Friday. That saw crude oil prices, the bedrock commodity of the Mideast, drop. Benchmark Brent crude sold Sunday for around $45 a barrel, down some 11% from the year prior.

The demand for oil has dropped as air travel has been affected by the outbreak of the virus.

The wider Mideast now has over 6,000 confirmed cases of the new coronavirus and COVID-19, the illness it causes.

In hard-hit Iran, the Health Ministry said Saturday that 21 more people had died from the virus, bringing the death toll to 145. More than 1,000 new infections were also confirmed overnight, bringing the total to 5,823 cases nationwide.

Among the dead was Fatemeh Rahabar, a 55-year-old newly elected lawmaker who passed away in Tehran, the state-run IRNA news agency reported Saturday. She'd been elected to the next parliament that begins work in May. Earlier this week, Iranian lawmaker Abdolreza Mesri told state television that 23 members in the current parliament had the coronavirus, and urged all lawmakers to avoid the public.

Tehran's mosques authority banned any collective prayer and religious ceremonies in Tehran's mosques starting Saturday. They'll still remain open individual prayers.

Meanwhile in Egypt, a cruise ship on the Nile River with over 150 tourists and local crew was in quarantine Saturday in the southern city of Luxor, as 45 people on board tested positive for the new coronavirus, authorities said.

News from © The Associated Press, 2020
The Associated Press

  • Popular kamloops News
View Site in: Desktop | Mobile