Coronavirus update: COVID-19 likely to cost economy $1 trillion during 2020, says UN trade agency
“We envisage a slowdown in the global economy to under two per cent for this year, and that will probably cost in the order of $1 trillion, compared with what people were forecasting back in September,” said Richard Kozul-Wright, Director, Division on Globalization and Development Strategies at UNCTAD. Launching the UNCTAD report as world financial markets tumbled over concerns about…
Read More
