Coronavirus spreads in 3 continents; $5 trillion wiped off markets

Countries on 3 continents reported their first cases of the coronavirus on Friday as the world prepared for a pandemic and investors dumped equities in expectation of a global recession. Coronavirus panic sent world share markets crashing again, compounding their worst week since the 2008 global financial crisis and bringing the wipeout to $5 trillion.

from Times of India https://ift.tt/2VtPmWB