THE DUBLIN ST Patrick Day Cancelled parade has been cancelled in response to the #Covid19outbreak.
The decision was taken at a cabinet sub-committee this afternoon. #STPatrickDayCancelled It follows the advice of public health officials. the jurnal st-patricks-day-celebrations-postponed-5029661-Mar2020/ #Marketcollapse The dizzying oil drop sent investors fleeing for safety alongside mounting fears over the global economic impact of the worsening coronavirus, which has seen Italy lock down a swathe of its north. While governments and central banks have unleashed or prepared stimulus measures, the spread of Covid-19 is putting a huge strain on economies and stoking concerns of a worldwide recession.
“This will be remembered as Black Monday,” said analyst Neil Wilson at trading site Markets.com. “If you thought it couldn’t get any worse than the last fortnight, think again. The blood really is running in the streets, it’s utter carnage out there.” Australia has seen some of the biggest falls, with the Australian dollar shedding more than 7% of its value against the US dollar since the beginning of the year. Today brought the steepest fall for the Australian share market since October 2008, with major energy producers worst-hit amid a crash in global oil prices. - With reporting by © – AFP, Press Association and and Associated Press
