$3 trillion wiped off global markets over coronavirus fears

Around $3 trillion has been wiped off the value of global shares this week, as investors fear the consequences of the spread of the coronavirus. European markets plunged at the open of trading this Thursday. Also today, workers at carmaker PSA get a bonus after the company reported record profits for 2019.

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In This Story: France

France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.

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