World Stock Markets Plunge Over Fear of Coronavirus; WHO Raises Contagion Risk

The IBOVESPA stock indix, which had been breaking records in recent weeks, fell by 3.29 percent. World Health Organization now classifies international contamination risk as "high".

RIO DE JANEIRO, BRAZIL - The effects of the coronavirus have 'infected' stock markets around the world, which awoke on Monday with declines stemming from the fear of the 2019-nCoV advancing, or the Wuhan virus - as it was also named, in reference to the Chinese city where the micro-organism was first passed from an animal to a human being.

On Monday, the fear of the disease's advance, which has infected over 4,000 people and killed 106, impacted the financial markets: Spain's main stock exchange index, the Ibex 35, closed the day with a two percent drop . . .

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