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Day: March 9, 2020

Thousands prepare to get off ship hit by virus in California

SAN FRANCISCO — Federal and state officials in California were preparing Monday to receive thousands of people from a cruise ship that has been idling off the coast of San Francisco with at least 21 people aboard infected with the coronavirus. Fences were being installed at an 11-acre […]

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Stocks, oil prices plunge as virus closes sites around world

BANGKOK — The world’s largest economies delivered more worrisome cues Monday as anxiety over the virus outbreak sent stock and oil prices plunging and closed sites from the Sistine Chapel to Saudi Arabian schools. Shares in Asia, the Mideast and Europe, and U.S. futures were down sharply, reports […]

Confirmed Coronavirus may force Americans to avoid crowds and cancel cruises; U.S. cases near 550

WASHINGTON/NEW YORK – Older Americans, especially those with chronic medical concerns, should probably avoid big social gatherings and airline flights, given the rapid spread of coronavirus, a top U.S. health official said on Sunday, as investors braced for another volatile week in financial markets. Anthony Fauci, the head […]

Nazi salutes, Molotov cocktails rock massive Mexico women’s march

MEXICO CITY – A group of women outside Mexico City’s main cathedral clashed on Sunday with men protesting abortion who made Nazi salutes, among scuffles that left dozens injured during a protest of tens of thousands of people on International Women’s Day. The incidents reflected an undercurrent of […]

Cheap oil prices likely to reduce inflationary pressures in India: government adviser

NEW DELHI – A fall in global crude oil prices will likely reduce inflationary pressures in India, a senior government adviser said on Monday, paving the way for further central bank easing as the coronavirus outbreak hits economic activity. Saudi Arabia slashed its oil prices over the weekend […]

India inflation likely fell to a three-month low in February: Reuters poll

BENGALURU – India’s retail inflation likely cooled from recent highs to a three month low in February, due to moderating food prices, but remained above the Reserve Bank of India’s target band, a Reuters poll of economists found. Inflation eased to 6.80%, significantly lower than January’s 7.59%, according […]

Indian stocks suffer worst day in 4-1/2 years on virus panic, oil price crash

BENGALURU – Indian stocks on Monday recorded their worst single-day fall in more than four years, tracking global markets lower, as panic over the economic fallout of the coronavirus outbreak intensified and oil prices plummeted. The NSE Nifty 50 index closed down 4.90% at 10,451.45, its worst daily […]

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