Severe job losses around the world very likely: Economist

Given the inter-connectivity in global economy nowadays, Gergory Daco from Oxford Economics says the sudden stop in discretionary spending from U.S. consumers will send shock waves across the world as the coronavirus pandemic continues. As countries around the world are at very different stages in virus containment, there will be lingering effects on economic contraction.
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Fri, Mar 27 202012:15 AM EST