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World Could Need $26 Trillion Stimulus, Top Global Fund Says

Ann empty street in Montpellier, southern France, on March 18.

Ann empty street in Montpellier, southern France, on March 18.

Photographer: Sylvain Thomas/AFP via Getty Images

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The size of the fiscal response required to counter the economic impact of the coronavirus could be as much as an unprecedented 30% of global output, according to one of Australia’s top-performing fund managers.