Sunday , 24 May 2026

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Europe widens lockdown, moves to limit economic damage amid virus

Bloomberg Europeans were faced with increasingly draconian restrictions on public life on Sunday, as governments from Spain to Scandinavia and the Baltic tried to check the spread of the coronavirus and limit the damage to continent’s fragile economies. With Europe now the epicenter of outbreak, Austria banned gatherings of more than five people, urged citizens to self-isolate and said it …

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Historic market fall exposes Canada’s economic fault lines

Bloomberg Never in modern trading history have Canadian stocks fallen so much in a single day of trading as they did this week. Growing alarm over the coronavirus and plummeting oil prices have been catalysts for the slump. But one historian sees two underlying factors at play: a fractured geopolitical environment that has coincided with market volatility the world over, …

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Bitcoin drops 50% in epic tumble since ’19

Bloomberg Bitcoin is proving to be no haven asset amid the current global market meltdown. The price of the largest digital currency continued to swing wildly as a rout that began in earnest showed no signs of slowing down. Bitcoin dropped as much as 32% to $3,915, its weakest since March 2019, before clawing back loss, according to consolidated pricing …

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