Global markets are in sell-off mode as a coronavirus outbreak spreads outside Asia. Milan Fashion Week saw Giorgio Armani live-streaming his show from an empty theatre as the Venice Carnival was cut short. G20 finance ministers say they are prepared to take all necessary measures to respond to the threat, though regulators still expect the impact on the global economy to be short-lived. Plus, a northern Indian state of Uttar Pradesh says it has discovered 3,000 tonnes of gold deposits, but the actual amount that can be extracted may be very small.
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