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Stocks and oil slide on fears over China virus outbreak – business live

  • 📰 The Guardian
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Equities sell off and oil slumps below $59 as death toll from coronavirus rises, sparking fears over economic impact

Saudi Arabia, the world’s biggest oil producer, is closely monitoring developments in global oil markets as the deadly coronavirus spreads, amid “gloomy expectations” for the impact on the Chinese and global economy, the country’s energy minister said on Monday.

 

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When every death or potential death is seen as a commodity lost by the market so humane

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