Guardian – Fears of a new global recession sent stock markets falling sharply acrossEurope and Asia on Monday morning, after International Monetary Fund chief Christine Lagarde warned that the world economy is on the brink of a new crisis.
In London, the FTSE 100 fell 101.33 points at the start of trading to 5190, down 1.9%. Germany’s Dax fell 2.3%, and France’s CAC index dropped 2.5%.