COVID19 attacks global economy as Europe, US deaths mount
The coronavirus pandemic is battering the world's major economies and could spiral into the deepest global recession in generations, experts warned Wednesday, as deaths rocketed up in Europe and the US.
In the US and Europe, which has born the brunt of the world's fatalities, heavy death tolls suggest the hardest-hit countries are far from mirroring Wuhan's turnaround. New York, the centre of the US outbreak, saw a record 779 deaths in 24 hours though the state's Governor Andrew Cuomo said the epidemic appeared to be stabilising.The economic fallout from the crisis "may well be the deepest economic recession or downturn of our lifetimes", warned chief the World Trade Organization, Roberto Azevedo.France has already recorded its worst economic performance since 1945 during the first quarter, shrinking some six percent.
Meanwhile, many Jews around the world marked the start of Passover without the large family gatherings normally organised for the Seder meal, with some turning to virtual platforms.In the ground-zero city of Wuhan, which led the world with its unprecedented lockdown in January, strict measures appear to have paid off.
In Spain, home to the world's second deadliest outbreak, another 757 deaths were reported Wednesday, bringing the toll up for a second day after several days of decline.
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