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Global shares bounce after Wall St dive, recession warning

Hong Kong Australia city Bangkok city Tokyo virus outbreak
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BANGKOK – Shares rebounded in Europe and Asia on Tuesday after a brutal sell-off that gave the U.S. stock market its worst loss in over 30 years, with many economies grinding to a standstill in hopes of containing the spread of the coronavirus.

Paris, London, Hong Kong and Sydney logged solid gains while Tokyo's benchmark was flat. “Market experts actually originally predicted at least a 1,000 point crash for the Hang Seng index.

But surprise, surprise, there was bottom fishing. Investors went bargaining hunting,” said Francis Lun, a stock analyst in Hong Kong.

Australia's benchmark led the gains, jumping 5.8% after a 7% plunge on Monday as investors snapped up miners and banks. Tokyo's Nikkei 225 climbed 0.8% at one point but barely

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Affordability for Ontario vehicle owners becoming major Ford reelection theme
The latest announcement by the Ford Government again focuses on wooing Ontario’s drivers ahead of the election. While conceding people need more money in their pockets, the opposition says the government needs to do more on childcare and housing.
Matthew Bingley Government reports Matthews
Maria Van-Kerkhove - BA.2 variant of Omicron coronavirus no more severe than original strain BA.1: WHO - livemint.com - India - Denmark
livemint.com
67%
695
BA.2 variant of Omicron coronavirus no more severe than original strain BA.1: WHO
Omicron coronavirus strain is not more severe than the original, the World Health Organization said on Tuesday.
Maria Van-Kerkhove India Denmark covid-19 strain Coronavirus
Hank Flynn - Lower Merion - Local motorists try to swerve potholes, avoid costly repairs - fox29.com - state Pennsylvania - city Philadelphia
fox29.com
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153
Local motorists try to swerve potholes, avoid costly repairs
PHILADELPHIA - Anyone who has driven in Philadelphia knows how badly some streets are pitted with potholes that can inflict costly damages to your vehicle. FOX 29's Hank Flynn spoke to frustrated motorists whose accidental thud on a cratered street cost them big bucks. Pearl, a Philadelphia driver, said she clanked into a pothole at Broad and Pike streets last week and completely blew out her front passenger's side tire and skewed another."I went into the pothole, It threw me onto the pavement, I had to replace this tire, It blew completely out and that one had a bubble," Pearl said. The whole fix cost her $400.Anyone who has driven in Philadelphia knows how badly some streets are pitted with potholes.
Hank Flynn Lower Merion state Pennsylvania city Philadelphia guidelines Twitter Citi
COVID-19
United States
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