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Bloomberg’s spending surpasses $500m as Sanders closes in on Biden in South Carolina – live

  • Ex-mayor’s spending dwarfs that of any of his opponents
  • Biden’s lead over Sanders narrows to five points
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That’s it from me today. My west coast colleague, Kari Paul, will take over the blog for the next few hours.

Here’s where the day stands so far:

The US stock market has closed down by more than 1,000 points as fears intensify of a spreading coronavirus.

The Washington Post reports:

The Dow Jones industrial average sank by more than 1,000 points or 3.5 percent, as Wall Street interpreted disease clusters in South Korea, Italy and Iran as a sign that the disease has outraced confinement efforts in China.

Factories around the world are grappling with parts shortages as their Chinese suppliers struggle to resume normal operations. As global economic engines sputter, the Federal Reserve and other central banks are facing calls for emergency help.

Continue reading…


Source: US Politics - theguardian.com


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