A crash in crude oil prices spreads to the stock markets, in what analysts are calling “Black Monday” – with some of the worst drops since the 2008 financial crisis as Saudi Arabia announces production hikes and price cuts amid a dispute with OPEC+ ally Russia. Meanwhile, coronavirus fears also take a major bite out of the global tourism industry as travellers stay home and an increasing number of countries restrict access to major destinations.
Subscribe to France 24 now:
FRANCE 24 live news stream: all the latest news 24/7
Visit our website:
Subscribe to our YouTube channel:
Like us on Facebook:
Follow us on Twitter: