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Coronavirus leads to worst week for markets since financial crisis

Coronavirus leads to worst week for markets since financial crisis

More than $5tn wiped off global stocks with travel, retail and manufacturing all hit

The rapid spread of the coronavirus has triggered the biggest plunge in global stock markets since the financial crisis, amid rising fears over the impact on the world economy of the deadly disease and the efforts to contain it.

An increasing number of countries and companies are imposing tough measures to limit the spread of the Covid-19 disease, with mounting costs for company profits and growth.

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