The 360 | Will the coronavirus infect the global economy?
For the past several weeks, leaders around the world have worked to stifle the spread of the coronavirus that has sickened 60,000 people and led to more than 1,300 deaths.
The epidemic is caused by a virus similar to the one behind SARS, which killed 774 people in 2002 and 2003. SARS also slowed China’s economic growth and caused an estimated $40 billion in losses worldwide. The current outbreak has disrupted a number of industries over the past few weeks as factories have shut, travel has been restricted and uncertainty has dampened financial markets.
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