'It's possible we are exaggerating the scale of COVID-19 economic crisis' – CGTN Posted by Editor - Business News | May 23, 2020 | Financial | 0 | 09:20 The International Monetary Fund (IMF) estimates the accumulative loss of global GDP is eight trillion U.S. dollars. Economist and former chairman of Goldman Sachs Asset Management Lord Jim O’Neill tells The Agenda’s Stephen Cole that despite initial weakness in March, the stock markets have since recovered to their highest levels of the year. He adds how the lasting impact of the current COVID-19 pandemic is still immeasurable and that it’s possible the scale of the economic crisis may turn out to have been exaggerated. Read More At Article Source | Article Attribution Share: Rate: PreviousLiving Through 5 Economic Resets; How Life Prepared Me For The Pandemic – Forbes NextThe Trump Administration Should Propose More Economic Stimulus in Response to the Coronavirus Pandemic – Foreign Policy About The Author Editor - Business News Related Posts A staggering 3.3 million people filed for unemployment as economic toll mounts – The Boston Globe March 26, 2020 Jair Bolsonaro’s contentious first year in office – The Economist January 5, 2020 LO Jobs; Valuation Products; Agency/Investor Changes; Mortgage-COVID-Video; Powell Sees Prolonged Tough Times – Mortgage News Daily May 14, 2020 State East-West Rail project could deliver more economic growth for Worcester – Worcester Telegram February 17, 2020 Leave a reply Cancel replyYou must be logged in to post a comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.