News Headlines - 02 March 2020
▽Dow roars back from coronavirus sell-off with biggest gain since 2009, surges 5.1%
Stocks rebounded sharply from their worst week since the financial crisis on Monday, with the Dow Jones Industrial Average posting its best day in more than a decade. Expectations that the Federal Reserve would cut rates drove the gains, which accelerated aggressively into the close.
The Dow closed 1,293.96 points higher, or 5.1%, at 26,703.32. The move on a percentage basis was the Dow’s biggest since March 2009. It was the largest-ever points gain for the 30-stock average.
Shelves at commissaries on military bases across Japan ran short of toilet paper over the weekend as service members prepared for possible quarantines due to COVID-19.
Shoppers in Japan faced long lines over online rumors that Chinese-made toilet paper wouldn’t be exported, The Japan Times reported Saturday, in spite of industry and official assurances that enough toilet paper for everyone is made in Japan.
▽Dustin Johnson to sit out Tokyo Olympics - The Boston Globe
On the fence about the Olympics since the start of his golf season, Dustin Johnson decided he won’t be going to Tokyo this summer. David Winkle, Johnson’s manager, said in a text message Monday that the FedEx Cup playoffs hold as much importance to Johnson as chasing an Olympic gold medal. “I feel certain he would choose otherwise if the timing were different, but feels he is making the best decision under the circumstances,” Winkle said. Ranked No. 5 in the world, the 35-year-old Johnson would have been No. 3 among Americans behind Brooks Koepka and Justin Thomas.
▽Defiant Iranian Directors Speak Out About Censorship, Onscreen and Off - The New York Times
When “There Is No Evil,” the new drama by the celebrated Iranian director Mohammad Rasoulof, debuted at the Berlin Film Festival on Friday, it was a bittersweet moment for Rasoulof.
Speaking through an interpreter before the film won the Golden Bear, the festival’s top prize, he explained that he could not attend the premiere because he had been banned from leaving Iran and faces a year in prison, the result of the government’s reaction to his previous film, a sharp critique of the country’s clerical leadership called “A Man of Integrity.”
▽France's winter 'is the warmest ever recorded' | Euronews
The last three months have been the warmest temperatures ever recorded in France, according to data published on Friday.
Météo France, the country's weather agency, said the 1 December- 29 February period had been the hottest since 1900.
Temperatures in France were 2.7℃ above the 1981-2010 average, with conditions in February especially mild... The average temperature during France's meteorological winter is 5.4℃, but the mercury hit more than 20℃ in February in the south.
