WASHINGTON (Reuters) – The coronavirus pandemic has caused more extensive and profound damage to economic activity than previously thought, the International Monetary Fund said Wednesday, prompting the institution to further cut its global output forecasts by 2020. The IMF said it now expects 2020 global output to shrink by 4.9%, …
Read More »global economy to contract with slow coronavirus recovery
The Brazilian indigenous Anita, from the Marubo ethnic group, is notified that she contracted the new coronavirus by a member of the Brazilian Armed Forces medical team. EVARISTO SA The International Monetary Fund cut its economic forecasts once again on Wednesday and warned that public finances will deteriorate significantly as …
Read More »Coronavirus cases increase in the US. USA, Brazil and increase in Germany
An increase in coronavirus cases in the US USA And Brazil, and new outbreaks in Germany, where the disease’s rate of reproduction has increased substantially, worry global health experts, but international financial markets don’t seem too concerned. The largest single-day increase in global coronavirus cases was on Sunday, according to …
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