New Atlanticist
Mar 9, 2020
Italy imposes “massive shock therapy”; Oil, stock markets tumble
By
Atlantic Council
The number of cases of Coronavirus surpassed 110,000, while oil prices had their sharpest falls in almost thirty years, roiling stock markets worldwide. Italy imposed a lock-down of swathes of the wealthy north of the country, affecting 16 million people, in a bid to contain the spread of the virus.