Given global economic trends, Ukraine seems destined to fall into a recession this year, along with much of the rest of the world. Stocks on the New York’s S&P dropped 12% Monday, the worst fall since Oct. 1987. The index is down 30% since Feb. 19, the severity of the coronavirus epidemic started to become clear. Goldman Sachs predicted Monday that the US., the world’s largest economy, will register zero growth this quarter and will shrink by 5% in Q2.
Given global economic trends, Ukraine seems destined to fall
