Coronavirus exacts grim economic toll
Workers with masks in a lorry going through a police check in San Salvador, El Salvador, yesterday. El Salvador’s security authorities imposed an ‘absolute’ and ‘rigid’ quarantine throughout the country to try to stop the massive contagion of Covid-19 and prevent the collapse of its health system. – EPA pic, May 8, 2020.
A NEW raft of bleak economic data laid bare the crippling worldwide impact of the coronavirus pandemic yesterday, as hard-hit Europe moved to further ease lockdown measures in a bid to get people back to work. The United States said another 3.2 million people filed unemployment claims last week, while Germany and France reported major slumps in industrial production and Britain said its economic output would plummet by 14% this year.
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