Coronavirus: Stocks plunge amid US-Europe travel ban
The negative impact of the COVID-19 pandemic on the global economy appears to be increasing by the day. A 30 day ban on EU-US travels by President trump is taken negatively by the markets. The BBC reports on the expected costs and inconvenience this decision will bring to businesses and individuals across the globe. The uncertainty in the market will likely result in higher default rate, which makes Deriveum especially needed to address the CDS issues facing the global financial system.
For more information, please follow the BBC report
