What damage is Covid-19 doing to the global economy?

The 16th of the March saw the biggest one day drop on the FTSE 100 and international markets since the financial crisis of 2008. At the centre of this crisis is Covid-19.

But, is this the first time that a disease outbreak has caused so much damage to the economy, and how prepared is the global economy to deal with a pandemic?

We explore the issues that have circled this crisis. And ask, what are the implications of a global economy that has become more and more interconnected in a pandemic?

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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

Global national: jan. 19, 2024 | health data shows influenza, covid-19 cases decreasing in canada 1

Global National: Jan. 19, 2024 | Health data shows influenza, COVID-19 cases decreasing in Canada

Stock market today: Dow, S&P 500 hit record highs as tech stocks soar | January 19, 2024

Stock market today: Stocks climb with techs ready to roar | January 19, 2023

Dr Anthony Fauci ‘became part of the problem’ when it came to the spread of Covid misinformation

WEF summit: Canada warns of future supply shocks amid global instability

In This Story: FTSE 100

The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the “Footsie”, is a share index of the 100 companies by capital value, listed on the London Stock Exchange with the highest market capitalisation.

2 Recent Items: FTSE 100

Sunak Faces Reckoning at the Polls: Bloomberg UK Show

The average pay for a FTSE 100 chief jumps by 39% to an average of £3.4 million

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