General World News

Global Markets Continue Downward Trajectory Amid Coronavirus Fears

Global markets continued their downward trajectory Friday amid fear that are spreading faster than the coronavirus.

COVID-19 has disrupted supply chains, caused the initiation of travel bans and essentially wrecked business and trade around the world.

Analysts are predicting this week will be the worst week since the 2008 global financial crisis.

“These are highly uncertain times, no one really knows the answer and the markets are really panicking,” John Lau, SEI Investments Head of Asian Equities told Reuters.

Tokyo and Shanghai slumped Friday by a margin of 3.7%, while Seoul and Sydney also fell by more than 3%. European markets read more >>>

Source:: VOANews.Com