Global markets and crypto plunge as US recession fears loom

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6 Aug 2024

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A rebound has followed a day of despair on Japan's financial markets, with the Nikkei index bouncing back by around 10%. Other Asian markets are also recovering from the shock. Meanwhile, US shares took a beating, losing almost $2 trillion in the first 15 minutes of the week's trading. RT's Caleb Maupin reports on the global sell-off sparked by US recession fears.

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