Corona virus is one of the main negative drivers of the Global economy. The global economy is set to grow only 2.4% in 2020 down from a forecast of 2.9% in November 2019. The global growth could drop as low as 1.5% in 2020 if the Corona virus spreads throughout Asia, Europe and North America, but if the virus is contained in 2020, the global economy could recover up to 3.3% growth in 2021.
Reuters