Welcome back to Axios World. No lockdowns here — we're taking a global tour tonight in 1,570 words (6 minutes).
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Italy is entering a nationwide lockdown, all travelers to Israel are being placed in quarantine, Spain is closing schools and several countries are further tightening their borders.
Driving the news: It has been a day of worrying headlines around the world as the number of coronavirus cases continues to rise and markets continue to fall.
Italy’s nationwide quarantine policy means all public gatherings are banned at least through April 3. People across the country are not to leave their homes unless necessary, and travel will only be allowed for urgent reasons.
Israel went further than any country to date in restricting its contact with the outside world by declaring that anyone arriving in the country will have to spend at least two weeks in quarantine.
Saudi Arabia and Russia helped set off what became one of the worst days in the history of U.S. stock markets when they diverged in their responses to a sharp fall in global oil prices.
French Culture Minister Franck Riester became the latest high-ranking politician to test positive for the virus.
Japan has seen 12 deaths from the coronavirus, but also a significant reduction in flu cases due at least in part to public consciousness around hand washing and other good practices, the Economist points out.
Photo: Win McNamee/Getty Images
The current collapse in global equities markets is mirroring a broader collapse in global public confidence, former Australian Prime Minister Kevin Rudd writes for Axios.
The big picture: Both financial markets and public sentiment are reacting to uncertainty at three levels: the future trajectory of the coronavirus outbreak, the adequacy of the policy response, and the impact on the economy and financial institutions.
At the heart of all three is a growing gap in public trust in our various national governments.
Flashback: There are echoes of the global financial crisis. After the Lehman Brothers collapse in September 2008, markets were in free fall as businesses and consumer confidence collapsed and lines of credit dried up.
What to watch:
The last patient being treated for Ebola in the Democratic Republic of the Congo was released last week.
"The patient’s release from hospital in the eastern city of Beni, feted by hospital staff who sang, danced and drummed on trash cans, marks the first time there have been no active cases since the outbreak was declared in August 2018."— Reuters
Photo Illustration: Sarah Grillo/Axios. Photos: Mahmoud Hjaj/Anadolu Agency via Getty Images, Marwan Naamani/picture alliance via Getty Images, and Anwar Amro/AFP via Getty Images
Women across Mexico stayed home from work and school today to protest violence against women and give a glimpse of "A World Without Women."
Zoom out: That followed a year in which women were on the front lines of some of the world's largest protest movements, Axios' Rashaan Ayesh writes:
In Sudan, Alaa Salah, 22, quickly became the symbol of national protests sparked by a rise in the price of bread.
In India, women were among the first to protest Prime Minister Narendra Modi's citizenship law, which excludes Muslims, and a citizenship register, which threatens to make millions stateless.
In Lebanon, women came out en masse to protest the government after it attempted to implement a tax on popular message service WhatsApp amid an already dire economic situation.
Why it matters: There's a direct correlation between the success of protest movements and the participation of women, Harvard Professor Erica Chenoweth finds.
Illustration: Aïda Amer/Axios
Sri Lanka's Sirimavo Bandaranaike became the modern world's first female head of state in 1960.
The big picture: 71 women have taken power since, with Finland and New Zealand leading the way with three female leaders each, Axios' Ursula Perano writes:
Where things stand: There are few women at the top table among the world's most powerful nations. In the G20, Germany's Angela Merkel is the only national leader, while Ursula von der Leyen represents the EU as president of the European Commission. Of the G20:
Merkel's 14-year tenure makes her the longest-serving woman currently in office and the longest-serving leader of any liberal democracy. She has said she'll step aside in 2021.
Ghani's swearing in. Photo: Sayed Khodaiberdi Sadat/Anadolu Agency via Getty Images
1. Kabul hosted two presidential inaugurations today, with incumbent Ashraf Ghani and his rival Abdullah Abdullah both continuing to insist they won September’s election.
2. Saudi Crown Prince Mohammed bin Salman detained senior royals — including his uncle and cousin, both former heirs to the throne — on Friday in an apparent bid to secure the line of succession.
3. Sudanese Prime Minister Abdalla Hamdok survived an apparent assassination attempt this morning in Khartoum.
Americans tend to think the U.S. relationship with Germany is going just fine. Germans ... do not, according to a Pew survey.
Breaking it down:
What to watch: Armin Laschet, the front-runner to replace Angela Merkel as CDU leader and potentially as chancellor, "has warned against demonizing Russian President Vladimir Putin for his annexation of Crimea" and "voiced support for deepening the relationship with Beijing," per Foreign Policy.
Migrants met by water cannons near the Turkey-Greece border. Photo: Bulent Kilic/AFP via Getty Images
"Wuhan virus"— The use of that phrase by Mike Pompeo and others led to a vigorous debate about stigmatization. But China's response was odd: A foreign ministry spokesman falsely claimed there was no evidence the outbreak began in China.