


| Coronavirus could cost the global economy $4.1 trillion - Asian Development Bank warns |
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The Manila-based bank said a shorter containment period could pare the losses to $2 trillion. The crisis has sent equity markets spinning as traders fret over the long-term impact on the world economy, though governments and central banks have stepped in to ease the pain, pledging more than $5 trillion in stimulus and easing monetary policy.
Posted: 2020-04-04 00:39:00
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