Coronavirus shock and oil price fall pummel world stocks

Coronavirus shock and oil price fall pummel world stocks
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11.03.2020

MOSCOW (MRC) -- Global stocks plunged on Monday and prices for crude oil tumbled as much as 33% after Saudi Arabia launched a price war with Russia, sending investors already worried by the coronavirus fleeing for the safety of bonds and the yen, reported Reuters.Saudi Arabia had stunned markets with plans to raise its production significantly after the collapse of OPEC's supply cut agree

Full article at mrcplast.com

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