The coronavirus pandemic sweeping the world will turn global economic growth “sharply negative” in 2020, triggering the worst fallout since the 1930s Great Depression, with only a partial recovery seen in 2021, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva said. Georgieva painted a far bleaker picture of the social and economic impact of the new coronavirus than even[Read More...]
The post The pandemic will unleash worst recession since Great Depression, says IMF chief appeared first on Countercurrents.
Source