Governments and central banks are scrambling to find ways to keep businesses from going bankrupt as the virus outbreak grinds the world economy to a halt.
A day after Wall Street endured its worst daily drop since the crash fo 1987, markets were somewhat more stable in European trading hours, though volatility is huge as investors try to understand what will happen to the economy as business and travel is put on lock down around the world.
Here is a look at how the outbreak is reshaping the global economy and how individuals, businesses and authorities are responding.
___ AID: France's government is pledging 45 billion euros ($50 billion) in aid for small businesses hurt by the spreading virus.