Stocks drop as Trump's Europe ban fans recession fears

  • 📰 rtenews
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 99%

United States News News

United States United States Latest News,United States United States Headlines

Losses on European markets deepened this morning as investors were rattled by dramatic travel restrictions imposed by US President Donald Trump in an attempt to halt coronavirus

The news came after the World Health Organization officially labelled the outbreak a pandemic and hit out at "alarming levels of inaction" for its spread.

Asian equity markets, already deep in the red in reaction to the WHO announcement, also sank after Trump's address. Manila crashed almost 10% after it emerged Philippines President Rodrigo Duterte would undergo a precautionary test for the virus.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Well at least he is putting his people first unlike the irish government who is putting money first

People before profit.

Major ression on way

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines