Title : These Eight Charts Show The Impact That The Covid-19 Coronavirus Pandemic Has Had On The World Economy
link : These Eight Charts Show The Impact That The Covid-19 Coronavirus Pandemic Has Had On The World Economy
These Eight Charts Show The Impact That The Covid-19 Coronavirus Pandemic Has Had On The World Economy
BBC: Coronavirus: Eight charts on how it has shaken economies
The coronavirus outbreak, which originated in China, has infected tens of thousands of people. Its spread has left businesses around the world counting costs.
Here are eight key maps and charts to help you understand the impact seen on different economies and industries so far.
Global shares take a hit
Read more ....
WNU Editor: The U.S. stock market has lost $16 trillion in the past few weeks. Throw in the other markets and on how much they have lost. WOW!!!! I can easily see a market lost approaching $35 trillion (if not more). And if the economies of Europe, Asia, and the U.S. are forced into a shut down that could last from 2 weeks to 2 months, the loss of global GDP is going to be approaching numbers that have never been reached in the modern era.
Update: But all is not doom and gloom. The Chinese economy is starting to recover albeit slowly .... Coronavirus: China’s economy suffered dramatic collapse in warning to rest of world (SCMP).
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