IB cancels May 2020 Exams due to Coronavirus

IB has sent an email to all examiners detailing the cancellation of the May 2020 IBDP exams due to the coronavirus pandemic. IB will probably be updating this info on their website tomorrow.
Further details (e.g. how your final grades will be awarded; uni apps) are not readily available. We will update them as IB provides further information in the coming days.

Here is the full text of the email to coordinators notifiying them of cancellation:

Dear member of the IB Examiner community,
We hope that this email finds you safe and healthy, during these difficult times.
Our students, their well-being and their progression in future stages of life have been at the forefront of our thinking as we respond to this extraordinary pandemic. Our days and deliberations have been 24x7 focusing on what is the ethical and responsible action in these trying times.
With considerable advisement from stakeholders across the globe including schools, students, universities and qualification bodies, we have determined the most responsible and ethical way forward.
The IB will be taking the following actions for the 2020 May Examination session:
--The May 2020 examinations, as scheduled between 30 April and 22 May, for Diploma Programme and Career-related Programme students will no longer be held.
--Depending on what they registered for, the student will be awarded a Diploma or a Course Certificate. This is based on student’s submitted coursework and the established assessment expertise, rigor and quality control already built into the programmes.
In order to provide all students with a Diploma or Course certificate we thank examiners currently engaged in marking student work and we are thankful that they will continue to do so.
We also know that you may have planned on expected income from this session. We are very sorry that this situation has occurred.
This will continue to be a time of great anxiety for us all. We will do everything we can to support our communities as we navigate these challenges together. Please stay in touch and send your comments to examiners@ibo.org.
Your thoughts are very important to us. We look forward to hearing from you, a valued IB community.
Keep Well,
Matt Costello, IB Director of Operations
Dr. Peter Hoeben, Chair of the Examining Board