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Coronavirus Global Impact
Coronavirus Impact To Put Asian Economies With Zero Growth This Year! Warns IMF
- Economies in Asia will see zero growth this year for the first time in 60 years.
- Global economy will face the “worst recession since the Great Depression”.
- China’s expected growth figure is a significant fall from the 6% growth estimate forecast in January.
- The world’s second-largest economy is expected to see a rebound later this year, with growth bouncing back to 9.2% next year.
The International Monetary Fund (IMF) warns that the global economy will face the “worst recession since the Great...
http://mfame.guru/coronavirus-impact-to-put-asian-economies-with-zero-growth-this-year-warns-imf/
Coronavirus Global Economic Slowdown To Affect the Small & Mid Size Companies
In a major development, McKinsey has put forward their insight on the Coronavirus pandemic stating that a range of outcomes is possible and decision-makers should not assume the worst, says a press release published on their website.
BackdropLess than ten weeks have passed since China reported the existence of a new virus to the World Health Organization. This virus, now known as SARS-CoV-2, causing COVID-19 disease, spread quickly in the city of Wuhan and throughout China. The country has...
http://mfame.guru/coronavirus-global-economic-slowdown-to-affect-the-small-mid-size-companies/
Coronavirus Effected Container Shortages Exposes Nations’ Recession Vulnerability!
According to an article published in the Sunrise Read, Several countries are in recession and several others are verging towards it as the the most deadliest virus outbreak in recent times, the coronavirus has been declared ‘Pandemic’. Of this, Germany is the worst hit ad the country is heading for its longest recession since reunification in 1990 because the coronavirus exposes its vulnerability to disruptions in world commerce, enterprise affiliation BDI stated on Thursday.
The World Economic...http://mfame.guru/coronavirus-effected-container-shortages-exposes-nations-recession-vulnerability/
Global Economy in Times of Coronavirus Outbreak, What Lies Ahead?
An article published in the Harvard Business Review written by Philipp Carlsson-Szlezak , Martin Reeves and Paul Swartz highlights the extent of the global impact of the coronavirus outbreak and what it means for the global economy. All the major sectors are hit and it has become impossible to alter this effect.
Here’s a detailed insight into the article
Markets React StronglyHaving largely ignored Covid-19 as it spread across China, global financial markets reacted strongly last week when the...
http://mfame.guru/global-economy-in-times-of-coronavirus-outbreak-what-lies-ahead/