The same in other media
21.04 - 04:55
Global recession is already here. Take a look at these evidences
Reading now: 768
The evidence is mounting that March marked the start of a deep global recession. The breadth of the collapse is beginning to appear in the initial trickle of economic data across the world, revealing a cratering of trade, reined-in business investment, cowering consumers and surging unemployment that’s sparing few industries.
The hit to demand is visible on the world’s oceans, where a measure of US export volumes in the first two full weeks of March showed shipments abroad at less than half the year-earlier level, IHS Markit data compiled by Bloomberg showed.
The damage is acute for autos: The number of anchored ships used to transport vehicles has jumped to 19% of the fleet, up from 11% a year ago, according to Bloomberg data.
Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
COVID-19
United States
|
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
|
India
|
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
|
Brazil
|
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
|
United Kingdom
|
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
|
Russia
|
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
|
