Washington Post

IMF says global economic collapse caused by coronavirus will be even worse than feared

No major economy is escaping the pandemic. Foto: Cliff Owen/AP

The International Monetary Fund on Wednesday painted a bleak portrait of the global economy, saying the coronavirus pandemic has caused more widespread damage than expected and will be followed by a sluggish recovery.

The global economy will shrink this year by 4.9%, worse than the 3% decline predicted in April, the IMF said...

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