The President of the United States, Donald Trump told why international markets show falling prices.
He published the corresponding post on his Twitter page.
Saudi Arabia and Russia are arguing over the price and flow of oil. That, and the Fake News, is the reason for the market drop!
— Donald J. Trump (@realDonaldTrump) March 9, 2020
“Saudi Arabia and Russia are arguing over the price and level of oil production. This, as well as the false media, is the reason for the fall of the markets,” he wrote.
On March 9, the main US stock indexes opened down 7%.
Before that, it was reported that European exchanges collapsed, including the German Dax – by 8%, the British FTSE 100 – by 9.5%, the French CAC 40 – by 6.4%, and the Italian FTSE MIB- by more than 11%.