IMF warns 'Great Lockdown' global recession will be worst economic meltdown since Great Depression

Business Insider

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· The coronavirus outbreak will drive a "Great Lockdown" poised to be the worst recession in nearly a century, the International Monetary Fund estimated on Tuesday.
· Global gross domestic product will shrink by 3% in 2020 before recovering by 5.8% in 2021, according to the agency's base case.
· A pandemic lasting through...

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