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Financial markets are reeling from a new “Black Monday” which saw oil prices tumble and stocks plunge in the most brutal day for the market since the global financial crisis of 2007-2009. Slumping demand caused by the spread of the novel coronavirus has sparked a crude-oil price war. What are the ramifications? And, how the virus is boosting a fledgling Chinese industry. Patrick Lane hosts
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Please subscribe to The Economist for full access to print, digital and audio editions:
www.economist.com/radiooffer
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Hosted on Acast. See acast.com/privacy for more information.
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Financial markets are reeling from a new “Black Monday” which saw oil prices tumble and stocks plunge in the most brutal day for the market since the global financial crisis of 2007-2009. Slumping demand caused by the spread of the novel coronavirus has sparked a crude-oil price war. What are the ramifications? And, how the virus is boosting a fledgling Chinese industry. Patrick Lane hosts
____________________
Please subscribe to The Economist for full access to print, digital and audio editions:
www.economist.com/radiooffer
____________________
Hosted on Acast. See acast.com/privacy for more information.
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