The coronavirus panic has wiped $9 trillion off global markets since Feb. 24, the Bank of America reports. Looking ahead, Bloomberg calculates that the virus could cost the global economy $2.7 trillion this year – about 3% of world GDP.
The coronavirus panic has wiped $9 trillion off global markets since Feb. 24, the Bank of America reports. Looking ahead, Bloomberg calculates that the virus could cost the global economy $2.7 trillion this year – about 3% of world GDP.