COVID-19 could lead to deepest economic recession of our lifetime: WTO

WTO Chief Roberto Azevêdo has said that the coronavirus pandemic may lead to the deepest economic recession of our lifetime. WTO said global trade would fall this year by between 13% and 32%, adding that the numbers "are ugly". Azevêdo said keeping markets open would be significant for stimulating investment, adding that countries would have to work together than alone.