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Businesses Sputter and Shutter on COVID-19 Fears


Businesses Sputter and Shutter on COVID-19 Fears
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on Wall Street tumbled once again Monday, triggering halts to trading designed to slow panic-selling that has gripped markets across the globe in recent weeks. The latest sell-off came despite Sunday’s strong medicine administered by America’s central bank, which slashed interest rates to nearly zero. Meanwhile, far from the trading floor, local economies are feeling the pain. VOA’s Arash Arabasadi reports.

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