As authorities across the globe asked or mandated people to stay home to slow the spread of the novel coronavirus, they may have also triggered a plunge in global trade that hasn't been seen since the Great Depression, according to the World Trade Organization.
The result will be "painful consequences" for households and businesses across the globe, WTO Director-General Roberto Azevêdo said in aWednesday. Even the WTO's most optimistic forecast for global trade amid the pandemic, a 13% reduction, is worse than what happened during that Great Recession. A plunge the size of the Geneva-based organization's most pessimistic prediction, 32%, hasn't been seen since the Great Depression in the 1930s..
WHO is stating the obvious that everyone knows already. What they need to do is to change their position on mask that will save lives and also the economy. See thread pls.
No need to be a rocket scientist You shutdown world's economy You get mother of all economic crises 🤦
Creating. Huff.
it already did euh
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Source: THR - 🏆 411. / 53 Read more »