Major auto event axed as world markets suffer their worst week since the 2008 crisisMarkets lose $5trn in worst week since 2008Geneva Motor Show cancelledFTSE 100 fell again this morningMark Carney: UK economy could be hitIntroduction: recession fears stalk marketsDow suffered record points fall last night 2.01pm GMT Canada’s economy barely grew in the last quarter of 2019, fresh data shows.Canadian GDP increased by just 0.1% in October-December, which highlights that the world economy was already weak, before the coronavirus struck.Canada’s economy slid to a near halt in the fourth quarter https://t.co/2LmC4ZTaz3 pic.twitter.com/0BXKlkoSkJ 1.38pm GMT There’s no sign that this week’s rout is over. The world’s stock markets are either trading sharply lower (Europe), closed deep in the red (Asia-Pacific), or waiting nervously to open (US)The only lines that aren’t red are the markets that aren’t open yet. A breathtaking screen. pic.twitter.com/4vXKr6czyi Continue reading…
Via: Geneva motor show cancelled; worst week for markets since 2008 – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…