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Coronavirus panic sent world share markets crashing again yesterday, compounding their worst week since the 2008 global financial crisis and bringing the wipeout in value terms to $5 trillion (Sh500 trillion).
The rout showed no signs of slowing as Europe’s main markets slumped 2-3 per cent early on and the ongoing dive for safety sent yields on US government bonds, seen as probably the securest asset in the world, to fresh record lows.
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