LONDON: Policymakers are staging emergency operations to inoculate the global economy against the coronavirus disease 2019 (Covid-19) pandemic, but risk running into financial and political constraints.

President Donald Trump speaks on television from the White House as traders work on the floor of the New York Stock Exchange on March 12, 2020 in New York. Wall Street stocks were deep in the red early Thursday, resuming after a 15-minute suspension as the economic pain from the coronavirus deepens and widens. About 25 minutes into trading, the Dow Jones Industrial Average was at 21,505.07, down more than 2,000 points or 8.7 percent.The broad-based S&P 500 tumbled 8.1 percent to 2,519.43, while the tech-rich Nasdaq Composite Index shed 7.9 percent to 7,323.31. / AFP / Bryan R. Smith

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