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COVID-19 Brings Increased Recession Risk

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Mar 26, 2020

March 26, 2020

The COVID-19 pandemic comes at a time when the global economy is already struggling. “Fact is,” said Jérôme Haegeli, group chief economist at Swiss Re, “the coronavirus is hitting the global economy when economic resilience is already weak to start with.”

What dangers does COVID-19 pose in a weakened global economy?

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