Cost of pandemic could reach $28trn, IMF warns
Worst crisis since Great Recession
The International Monetary Fund (IMF) is forecasting a less severe global recession than in June but has warned the cost of the pandemic could be as high as $28trn.
Gita Gopinath, the IMF's chief economist, described the coronavirus pandemic as the worst crisis as the worst seen since the Great Depression. "This crisis will likely leave scars well into the medium...
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