Skip to content
Subscriber Only
Markets
Economics

Global Economy Crashes on Mass Virus Business Shutdowns

  • PMI around the world plunged to record lows in March
  • Economists predict severe slump in first half of the year
Video player cover image
Europe Dragged Into Record Recession in Battle to Halt Virus
Updated on

We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know.

The global economy is taking a battering not seen in decades, the outcome of severe restrictions on businesses and households by governments desperately trying to contain a pandemic that’s killed almost 17,000 people worldwide.