Global shares drop sharply

The fall follows a sharp selloff on US and European markets amid fears of another world economic downturn.

Stock markets in Japan, South Korea and Australia fell sharply in early trading on Friday after Wall Street had suffered its biggest one day loss since the Global Financial crisis.

The benchmark Dow Jones Industrial Average fell more than 4 per cent on fears America may be falling back in to recession.

Al Jazeera’s Scott Heidler reports from New York.

Source : Al Jazeera

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