Coronavirus outbreak likely to cost world economy $1 trillion

The coronavirus-triggered uncertainty is likely to cost the global economy $1 trillion in 2020 with possible ramifications for all countries, the UN’s trade and development agency said Monday in its latest report as stocks plunged in several countries. “We envisage a slowdown in the global economy to under two per cent for this year, and … Continue reading Coronavirus outbreak likely to cost world economy $1 trillion