Coronavirus Could Halve Worldwide Growth, OECD Projects

The organization claims that the global economy will grow 1.5 percent in 2020 in the worst-case scenario, compared to 3.2 percent last year.

RIO DE JANEIRO, BRAZIL - The coronavirus seems particularly aggressive among people weakened by other health conditions, and the world economy was an already frail patient even before the onset of the new virus that slowed down business activity around most of the planet.

That this will negatively impact global growth, is something no one doubts at this point. The question is how much. The Organization for Economic Cooperation and Development (OECD), an organization that includes industrialized countries, sends a clear warning: there is a bad scenario, and an even worse one.

The less bad one, which is currently the one . . .

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