Countries on 3 continents reported their first cases of the coronavirus on Friday as the world prepared for a pandemic and investors dumped equities in expectation of a global recession. Coronavirus panic sent world share markets crashing again, compounding their worst week since the 2008 global financial crisis and bringing the wipeout to $5 trillion.

from Times of India https://timesofindia.indiatimes.com/business/international-business/coronavirus-spreads-in-three-continents-5-trillion-wiped-off-markets/articleshow/74393308.cms