COVID-19 likely to cost economy $1 trillion during 2020: UN trade agency
UN economists have warned that the deadly coronavirus epidemic could cost the global economy $1.0 trillion this year and called on governments to ramp up spending to mitigate its impact. Richard Kozul-Wright, Director, Division on Globalization and Development Strategies at UNCTAD said, “We envisage a slowdown in the global economy to under two per cent for this … Read more