Coronavirus makes global economy utterly unstable, like never before

The outbreak of coronavirus in Italy forced Paramount film company to suspend the filming of  "Mission Impossible VII" in Venice. According to the plan, actor Tom Cruise was supposed to spend three weeks in Italy for shooting. "Out of an abundance of caution for the safety and well-being of our cast and crew, and efforts of the local Venetian government to halt public gatherings in response to the threat of coronavirus, we are altering the production plan for our three week shoot in Venice, the scheduled first leg of an extensive production for 'Mission: Impossible 7,'" Paramount said in a statement. Meanwhile, economic markets seasaw against the background of coronavirus news. On Monday, February 24, the Dow Jones Industrial stock index dropped by more than 1000 points against the outbreak of the disease in Italy and South Korea (the latter has already recorded more than 1,200 cases of the infection) for the third time in the history of US markets. On Tuesday, February 25, Dow Jones declined by 3.2 percent as the spread of the virus in Iran exacerbated investor concerns. Thus, over the past four days, the stock index of major companies has lost 2,267 points and is now at eight percent lower in comparison with recent record levels.