FTSE down more than 8%

[brooklynite]

Source: The Guardian

Yhe FTSE 100 leading index of shares has plunged more than 8% in early trading as investors react to the oil price war launched by Saudi Arabia overnight, which wiped 30% of the price of a barrel of oil. It is on track for its worst one-day fall since 2008.

Read more: https://www.theguardian.com/world/live/2020/mar/09/coronavirus-live-updates-outbreak-italy-lockdown-quarantine-uk-usa-america-australia-recession-fears-update-latest-news?page=with:block-5e65f9df8f08c2df6d275d86#block-5e65f9df8f08c2df6d275d86

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Today should be fun on Wall Street...

[Squinch]

1. Oil crashing could be a good thing for the world. Problem is it comes at the expense of everything

else.

I feel like the sky is falling.

I want to go to sleep and wake up next January in a country run by President Joseph R. Biden.

[IronLionZion]

2. Trump will appoint Jared Kushner to fix this

in a conflict between Saudi Arabia and Russia, who's Trump's daddy?

This price war screws Canada and US oil companies too and Venezuela is already permanently screwed into being a failed state.

[djacq]

3. This, Coronavirus, and North Korea.

Trump is doing a bang up job.