For the past several weeks, leaders around the world have worked to stifle the spread of the coronavirus that has sickened 60,000 people and led to more than 1,300 deaths.
The epidemic is caused by a virus similar to the one behind SARS, which killed 774 people in 2002 and 2003. SARS also slowed China’s economic growth and caused an estimated $40 billion in losses worldwide. The current outbreak has disrupted a number of industries over the past few weeks as factories have shut, travel has been restricted and uncertainty has dampened financial markets.
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Bank of Japan official warns of coronavirus impact on Japan's economyThe Bank of Japan expects the country's economy to continue expanding moder... When was the new stress test due? JohnWayneName 3 economy now FujiwaraCarol
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China's Xi pledges to minimise impact of virusChina will definitely be able to minimise the impact of the coronavirus outbreak... Sounds scarier when it comes from the leader of the CCP. I mean, historically they are really good at killing their own people. He thinks he can bully virus too? Chinese say: better never than late?
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GS: Coronavirus to hit GDP this quarter 10 times harder than a hurricane - Business InsiderGOLDMAN SACHS: Coronavirus will hit global growth 10 times harder than a major US hurricane — but only in the short term o ffs.
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This European company isn’t sugarcoating its coronavirus problemThe maker of Absolut vodka isn't sugarcoating its coronavirus problem. The company cut its annual profit growth outlook as it said China’s coronavirus epidemic was likely to have a “severe” impact on its third-quarter performance. Bullish I was wondering who drank that crap. The Chinese! Probably made there too with the best quality ingredients! 😂 But vodka prevents getting infected by viruses and bacterium 🧐🤔 I speak from experience!
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Chinese economy clobbered by coronavirus but set to recover soon: Reuters pollThe coronavirus-hit Chinese economy will grow at its slowest rate since the fina... Surrreeeeee it is propaganda......they will lose 30-40 % of there orders. Oh great. Set to recover soon! With zero data to support that claim. Love it.
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