Global markets sink as pandemic deaths soar

London (AFP) – Stock markets suffered a further hammering Monday despite massive economic stimulus efforts worldwide, with investors spooked by a mounting death toll from the coronavirus pandemic.The negative mood was fuelled by the failure of US lawmakers to agree on a trillion-dollar emergency package to help the reeling American economy, analysts said.European equities tanked four percent at the open before trimming some losses — but still remained deep in the red in late morning deals and following heavy losses across Asia.The dollar scaled to a three-year pinnacle against the euro as inv…

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