The CDC and US government is taking this very seriously. The Mexican government has declared a state of emergency and will likely cancel large scale events where large numbers of people are congregating and create an enviornment where this new strain of Swine flu, a combination of human bird and pig flu’s can spread. Here is a small bit of info with links from the CDC’s own web site
Swine Influenza (Flu)
Swine Influenza (swine flu) is a respiratory disease of pigs caused by type A influenza that regularly cause outbreaks of influenza among pigs. Swine flu viruses do not normally infect humans, however, human infections with swine flu do occur, and cases of human-to-human spread of swine flu viruses has been documented. See General Information about Swine Flu.
From December 2005 through February 2009, a total of 12 human infections with swine influenza were reported from 10 states in the United States. Since March 2009, a number of confirmed human cases of a new strain of swine influenza A (H1N1) virus infection in California, Texas, and Mexico have been identified. An investigation into these cases is ongoing. For more information see Human Swine Flu Investigation.
General Information about Swine Flu
Questions and answers and guidance for treatment and infection control
Human Swine Flu Investigation Apr 24, 2009
Information about the investigation of human swine flu in California
Stratfor has sent out a report on the matter and also considers this something important to watch as while the CDC has not yet declared this a pandemic, it has the potential to become one very quickly.
This is not to say that there are no precautions that can be taken. Government officials in the United States and Mexico have announced school closures and advised individuals to avoid crowded areas. In response to the spread of the disease, Mexican President Felipe Calderon has declared a state of emergency, giving him broad powers to cancel public events. Basic precautionary measures such as frequent hand washing and avoiding contact with infected persons are also being promoted. The CDC is publishing its own findings on the new strain of flu (updated information can be found at http://www.cdc.gov/flu/swine/).
At this point, the information is too limited to make any real predictions about the possible impact of the disease. STRATFOR is taking this seriously and is awaiting the results from the CDC’s ongoing study. In the event of too little information or bad news from the CDC’s analysis, it is possible that the financial markets could react very poorly come Monday, April 27. However, the situation is developing extremely rapidly, and the CDC may be able to present more concrete findings before the weekend is through.