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Efforts to contain the Wuhan coronavirus and fears that it can spread and form a global pandemic have slowed industries around the world.
Shipping is delayed, cars and electronics are stalled on the assembly line, and commodity markets around the world are predicting losses because of the virus. Fears around the virus even have Olympic officials worried that it could impact Tokyo's planning for the summer games scheduled for the end of July, according to CNN.
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In a stunning reversal, the U.S. Environmental Protection Agency (EPA) said it is suspending its effort to reverse an Obama-era plan to restrict mining in Bristol Bay, Alaska based on a controversial mine project's risks to the region's important salmon fisheries and natural resources.
The unexpected move from President Trump's pro-business administration was a blow to Pebble Limited Partnership, a subsidiary of Canadian mining company Northern Dynasty Minerals. The mine developer is proposing to extract one of the world's largest copper and gold deposits from the pristine watershed. Shares fell as much as 26 percent on Monday following the EPA's surprise decision.