Tag Archives: Coronavirus

Coronavirus pandemic threatens to knock $1 trillion off global economy

By Adam Vaughan Markets are falling around the worldTomohiro Ohsumi/Getty Images Financial markets around the world have suffered their worst week since the 2008 financial crash, as the economic impact of the covid-19 coronavirus edging towards a pandemic becomes clearer. Around $ 5 trillion has been wiped off share markets globally this week, with the… Read More »

ScoMo warns of coronavirus ‘pandemic’

Prime Minister Scott Morrison has warned Australians to prepare for a coronavirus “pandemic” as the government implements its emergency response plan. Mr Morrison told reporters there is “every indication the world will soon enter the pandemic phase of the virus”. He said the government had moved ahead of the World Health Organisation and was now… Read More »