The pandemic is expected to wipe out $8.5 trillion in global output and could send 130 million people into the ranks of extreme poverty, according to the UN. Already, more than 100 countries have appealed to the International Monetary Fund for help as the coronavirus eradicates key sources of revenue such as tourism and travel.
~ Bloomberg, "Pandemic Shatters World Order, Sowing Anger and Mistrust," May 17, 2020, article by Nick Wadhams
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