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What is Economic Impact of Coronavirus Explained about?

The coronavirus outbreak originated in China and has infected over 550,000 people globally. Its spread has had major economic impacts around the world, with stock markets declining sharply, travel industries suffering, and factories in China slowing production. The economic growth forecast for 2020 has been cut due to expectations that the pandemic will significantly reduce economic activity as workplaces and businesses close temporarily. Growth is now predicted to be the slowest since 2009.

Author

باجي مختار

Language

EN