18
Mar
With more than 60.000 Europeans infected and European stocks down 30% this year, European and G7 leaders spent the past week in crisis mode imposing drastic and unprecedented measures aimed at containing and slowing the spread of the virus.
For the first time since its establishment, countries in the EU’s Schengen area began closing their borders over the weekend to personal travel to tackle further cross-border spread and prevent cross-border shopping for stockpiling. While borders remained open for freight transport,...