A wave of panic has swept across the world’s stock exchanges, which have continued to plummet since March 8. Last week saw a significant drop for the exchanges in Paris (-5.75%), Frankfurt (-5.31%), London (-4.01%), Milan (-6.10%) and Sydney (-9.7%). The exchange in Tunis has also yielded to general panic, continuing its descent since last week. On March 16, the country’s stock market index, Tunindex, finished up the day in the red at -4.10%. In New York, the Dow Jones dropped 12.93% and the Nasdaq 12.32%. Specialists are talking about a crash of unprecedented proportions since the notorious « Black Monday » of 19 October 1987.