Stock markets plunge, set for worst week since financial crisis

London (AFP) – Stock markets plunged further Friday, with equities on course for the largest weekly drop since the global financial crisis more than a decade ago on fears that the coronavirus could devastate the world economy, while oil prices tanked as well.Frankfurt headed the losses in Europe, diving more than five percent at one point in morning deals.Leading European stock markets have tumbled around 12 percent in just one week, while London’s FTSE 100 is back at levels seen in late 2018.”Stock markets are well on their way to their worst week since the global financial crisis,” said Crai…

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