Covid-19 economic contraction will rival Great Depression, warns IMF

Ben NorrisApril 16, 2020
Capital loss and stock investment price falls and monetary loss. Prices in the red and angry investors sulk.
Credit: iStock/traviswolfe

Global GDP will fall 3% in 2020 as the economy takes a direct hit from Covid-19 and subsequent ‘Great Lockdown’, warns the International Monetary Fund (IMF), as the Swiss Re Institute predicts the pandemic will produce one of...

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Ben NorrisApril 16, 2020
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