Boris Johnson Britain covid-19 travelers strain Coronavirus Boris Johnson Britain

New Covid-19 strain inflicts pain on global stocks, threatens more volatility

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London: European shares fell 2% on Monday, the dollar strengthened and market volatility surged amid growing unease over the economic impact of a new coronavirus strain in Britain which has seen several European countries shut their borders to the UK.The news of the new strain, said to be up to 70% more transmissible than the original, has put some 16 million Britons under tougher lockdowns and has overshadowed U.S.

lawmakers' agreement over a long-awaited stimulus bill.Prime Minister Boris Johnson will chair an emergency response meeting to discuss international travel and the flow of freight in and out of Britain.Coinciding with the lack of a post-Brexit trade deal ahead of the Dec.

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