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Walter Jopp

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WEF: Nearly 70 Percent of Businesses Fear Prolonged Global Recession
May 20th, 2020 - 10:30 GMT

WEF: Nearly 70 Percent of Businesses Fear Prolonged Global Recession

Global business leaders are overwhelmingly worried about the possibility of a prolonged recession because of the coronavirus disease (COVID-19), according to the World Economic Forum (WEF). In a survey of corporate and business decision-makers, the WEF found that nearly 70 percent thought that a prolonged recession of the global economy was the most likely result of the pandemic, followed by a surge in bankruptcies and the failure of whole industries ...
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