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Global economy could shrink by almost 1% in 2020 due to novel Coronavirus pandemic: United Nations
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Global economy could shrink by almost 1% in 2020 due to novel Coronavirus pandemic: United Nations

The global economy could shrink by up to one per cent in 2020 due to the coronavirus pandemic, a reversal from the previous forecast of 2.5 per cent growth, the UN has said, warning that it may contract even further if restrictions on the economic activities are extended without adequate fiscal responses. The analysis by...