Coronavirus to cost global economy more than $280bn in Q1 but supply chain risk uncertain

Credit: iStock/Robert Wei

Economic disruption caused by the coronavirus will cost the world economy more than $280bn in the first quarter of this year and means global GDP will not grow on a quarter-by-quarter basis for the first time since 2009, according to leading independent economic research company Capital Economics. The research firm produced this worrying estimate on the basis that the virus…

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