Malaysia declares state of emergency ahead of new Covid-19 lockdown

Malaysian authorities declared a state of emergency on Tuesday, citing “the threat of the Covid-19 pandemic,” which Prime Minister Muhyiddin Yassin said “has directly become a major threat to the economic life of the people in this country.” The announcement came less than one day after Muhyiddin’s government declared that several regions, including the biggest city Kuala Lumpur, will face a two-week lockdown from Wednesday in response to rising new daily case numbers of the novel coronavirus. King Abdullah made the surprise announcement early on Tuesday, after a meeting held the day before wi…

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HEDGE accordingly