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global markets crash on the news of detection of a new covid variant in south africa
a new variant of the covid 19 , deadlier than the existing delta variant was detected in south africa recently
this caused the global markets to crash – putting in jeopardy the recovery in the economy so far
austria is already in lockdown , a lot of european countries are debating if they will go into lockdown
crude prices are falling , and gold and silver are moving up as demand for safe havens go up