Roberto Azevêdo, director-general of the World Trade Organization. Picture: REUTERS/DENIS BALIBOUSE
Estimates of the expected recovery in 2021 are equally uncertain, with outcomes depending largely on the duration of the outbreak and the effectiveness of the policy responses, the WTO said. Keeping markets open and predictable, as well as fostering a more generally favourable business environment, will be critical to spur the renewed investment the world will need.
“The unavoidable declines in trade and output will have painful consequences for households and businesses, on top of the human suffering caused by the disease itself.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IN PICTURES | Largest supermoon of 2020 rises on a world battling Covid-19The largest, brightest supermoon of 2020 rose in the night sky on Tuesday over hushed cities, stilled factories and countries in lockdown due to the novel coronavirus that has killed tens of thousands worldwide. What a headline mabena_bob that moon 🌙 you saw
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Chief of SANDF describes fight against Covid-19 as World War IIIShoke told the soldiers their mission was to protect lives and they should do so in a manner that was disciplined and befitting of the SANDF. ai ? What? They're not going to give USA a hiding anymore Agge shame tog. Covid19inSA Chemical warfare
Source: TheCitizen_News - 🏆 6. / 75 Read more »
SANDF chief describes fight against Covid-19 as World War IIIAlexMitchley And yet he has never been to a single world war AlexMitchley Ahhh what world war not even once have I seen the SANDF.. as an essential worker going to work every morning people are still roaming up and down in the streets. Big heads upSAPoliceService JoburgMPD for the hard work. AlexMitchley He is so correct absolutely if we all including Sandf can fight this pandemic and won against it eventually we will all be proud ppls and great nation among nations CoronaVirusSA Let's all hold our hands together to do this national duty.
Source: News24 - 🏆 4. / 80 Read more »
Covid-19’s silver lining: A taste of a post-development world - The Mail & GuardianThe coronavirus epidemic has thrown issues such as gross income and ownership inequality into the spotlight, as we try to find ways to navigate through this crisis We’re going to take at least 12 months to recover from the effects of the lockdown. It’s insane! It triggered the downgrade! Unemployment skyrocketing! Domestic violence (the most unreported crime) through the roof! Poor people hungry! Stop this lockdown Now!
Source: mailandguardian - 🏆 2. / 92 Read more »
British Open cancelled for first time since World War II due to virusThe British Open has been cancelled for the first time since World War II due to the coronavirus. Wow 😳
Source: TimesLIVE - 🏆 28. / 59 Read more »
Queen Elizabeth thanks health workers around the worldBritain's Queen Elizabeth sent a message of 'enduring appreciation and good wishes' to health workers around the world for World Health Day. If she gives out gold we will be happy How did the virus miss her? Haai tsek
Source: eNCA - 🏆 49. / 51 Read more »