The Corona Pandemic is having a significant impact on human health, societies and economies worldwide. There are no events in recent history that are directly comparable and there is no “blueprint” as to how the world can move forward.
Previous fears about US trade wars or the long-term impact of a Brexit, now pale in significance to the massive blow that a microscopic virus has dealt to global economies.
Almost two thirds of the world’s economic output were shut down in April. Although the Chinese economy is now slowly picking up speed again, in Europe and the US there is little prospect of new momentum until before the end of May.
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