IMF: COVID-19 crisis will cost economy $9 trillion over two years

The International Monetary Fund says the coronavirus pandemic will cost the world’s economies $9 trillion over the next two years.
The extreme warning comes as countries around the world face prolonged lockdown as they try to contain the outbreak.
The IMF’s chief economist described the crisis as the worst economic shock since the Great Depression of the 1930s

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In This Story: COVID-19

Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

Symptoms of coronavirus

The main symptoms of coronavirus are:

  • a persistent new cough (non productive, dry)
  • a high temperature (e.g. head feels warm to the touch)
  • shortness of breath (if this is abnormal for the individual, or increased)

Latest News about Covid-19

Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

5 Recent Items: COVID-19

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  • COVID, climate and racial equality top Biden’s agenda
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