IMF chief warns the global economy is already stuck in a coronavirus-fueled recession — and says only a coordinated worldwide effort will save it

Business Insider

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· The global economy is facing threats never seen before that necessitate cross-border cooperation, International Monetary Fund chief Kristalina Georgieva told CNBC on Friday.
· The world "is now in recession," she said, adding that the downturn's length and depth depend on "containing the virus and having an effective,...

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