Economic devastation from coronavirus could eventually kill more than virus, report says
The United Nations has predicted that the economic fallout from the worldwide coronavirus outbreak may end up killing more people than the actual disease itself, a report said Monday.
The virus’ outbreak has decimated the world economy and threatens the lives of millions around the globe who had been emerging from poverty.
The Los Angeles Times reported that economists forecast a global recession that will result in up to 420 million people plunging into extreme poverty, or making less than $2 a day. The U.S. has seen its unemployment levels reach levels not seen since the Great Depression while vulnerable poorer countries consider the virus’ impact on those already impoverished.