Skip to content
Subscriber Only
Markets
Economics

Virus Pushes the Global Economy Closer to a Contraction

  • OECD slashes 2020 economic forecast to 2.4% from 2.9%
  • Sees need for coordinated action if situation doesn’t improve
Video player cover image
First Half Technical Recession a Real Risk for Global Economy: NatWest
Updated on

Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. Sign up here

Global economic growth will sink to levels not seen in over a decade as the coronavirus outbreak hammers demand and supply, challenging central banks and governments to respond to a fast-changing situation, according to the OECD.