Tue Apr 28, 2009 11:39am EDT
By Catherine Bremer
MEXICO CITY (Reuters) - The new strain of swine flu virus that has killed 149 people in Mexico spread to more countries on Tuesday, raising the specter of a pandemic and hurting financial markets and airline stocks.
The World Health Organization has raised its alert level to indicate a significantly increased risk of pandemic, or global outbreak of serious illness, but is not recommending travel restriction and border closures.
But the United States and the European Union advised their citizens to avoid non-essential travel to Mexico, and companies adopted travel restrictions for their staff in response to a potential flu pandemic, which would be the first in 40 years.
Global markets slumped for a second day on Tuesday on fears the flu outbreak could snuff out fragile signs of economic recovery.
Read the rest of the article at Reuters...
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