Coronavirus outbreak could cost global economy up to $2 trillion: UNCTAD
The UN agency said that apart from the tragic human consequences of the COVID-19 epidemic, the economic uncertainty it has sparked will likely cost the global economy $1 trillion in 2020.
The coronavirus outbreak could cost the global economy up to $2 trillion this year, the UN's trade and development agency said, warning that shock from the epidemic will cause a recession in some countries and depress global annual growth to below 2.5 per cen
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