V-shaped or U-shaped? Some economists upbeat on virus recovery

Washington (AFP) – The coronavirus pandemic has hit like a worldwide hurricane, shutting activity in most economies simultaneously, but some forecasters are more optimistic about the prospects for recovery once the worst has past.International Monetary Fund chief Kristalina Georgieva has called it the worst crisis since the Great Depression a century ago, and warned the damage could linger.And yet there are private economists betting on a solid rebound as soon as people can get back to work.With 1.5 million confirmed cases and 100,000 deaths, the virus has forced economies worldwide to shut do…

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