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Fri, Feb 28th
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45 Times Nature Successfully Took Back
It seems that no matter how hard us humans try to create something, nature always finds a way to take it all back.



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Reuters BusinessFeb 28, 2020
Factbox: Global central bankers on coronavirus, possibility of rate cuts
With the rapid global spread of the new coronavirus and the U.S. stock market suffering its worst week since the Great Recession, central bankers around the world are under rising pressure to reduce borrowing costs to create a cushion against economic harm. So far they have largely resisted. Following are some of their recent remarks:

Reuters Company NewsFeb 28, 2020
WRAPUP 14-Global downturn looms as countries struggle to contain coronavirus outbreak
The coronavirus spread further on Friday, with cases reported for the first time in at least six countries across four continents, battering markets and leading the World Health Organization (WHO) to raise its impact risk alert to "very high."

UPDATE 3-Coronavirus now poses 'very high' risk at global level -WHO (Reuters Company News)

Reuters BusinessFeb 28, 2020
Cooling consumer spending, inflation put spotlight on Fed amid coronavirus
U.S. consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived fears of a recession, causes households to tighten their purse strings.

Reuters BusinessFeb 28, 2020
S&P 500 drops for seventh day, posts biggest weekly fall since 2008 crisis
The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial crisis on growing fears the fast-spreading coronavirus could lead to a recession, although stocks cut losses at the end of the day's session.

US STOCKS SNAPSHOT-S&P 500 drops for 7th day, posts biggest weekly fall since 2008 crisis (Reuters Company News)

Reuters BusinessFeb 28, 2020
Corona beer maker says U.S. sales remain strong despite virus outbreak
Corona beer maker Constellation Brands Inc said on Friday sales of its Corona Extra beer remained strong in the United States in the four weeks to Feb. 16, amid the rapid global spread of the coronavirus.

CNBC BusinessFeb 28, 2020
Rolls Royce's China sales fall 'close to zero' due to coronavirus
Sales of Rolls-Royces have fallen "pretty close to zero" in China due to the spread of coronavirus, but the company sees early signs of possible recovery, the company's CEO told CNBC.

FT.com - China, Economy & TradeFeb 28, 2020
Coronavirus: the latest figures as the outbreak spreads
The countries affected, the number of deaths and the economic impact

Coronavirus outbreak: World Health Organization gives latest update on virus | LIVE - Global News (Google Business News)

Reuters BusinessFeb 28, 2020
Oil prices sink to lowest in over a year, biggest weekly drop since 2016
Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, causing futures to drop by the most in a week since 2016, as the spread of coronavirus stoked fears that a slowing global economy would hit energy demand.

Reuters Company NewsFeb 28, 2020
WRAPUP 13-'Risk is very high,' warns WHO, as coronavirus wipes $6 trillion off markets
The coronavirus spread further on Friday, with cases reported for the first time in six countries across three continents, battering markets and leading the World Health Organization (WHO) to raise its impact risk alert to "very high."

NPR Topics: BusinessFeb 28, 2020
Stock Market Continues Plummet As Coronavirus Fears Continue Rise
Financial markets have suffered their worst week since the 2008 financial crisis. The drubbing continued as coronavirus spread and fears grew that its impact will damage the global economy.
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