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14.04.2020United States: IMF: Global economy will suffer worst year *** ARCHIVE

ASSOCIATED PRESS | GLOBAL MEDIA SERVICES


IMF: GLOBAL ECONOMY WILL SUFFER WORST YEAR
IMF HEADQUARTERS & WALL STREET | 14 APRIL 2020

The International Monetary Fund says the world economy, beaten down by the coronavirus outbreak, will suffer its worst year since the Great Depression of the 1930s.

The global economy will shrink 3% this year before rebounding in 2021 with 5.8% growth, according to the IMF. It acknowledges, that prospects for a rebound next year are clouded by uncertainty. Governments battling the virus are pinning their hopes on tests, technology and a coordinated approach to ease the tight social-distancing restrictions that have slowed the pandemic but strangled the global economy.


IMF HEADQUARTERS
The Associated Press will set up live positions outside the IMF Headquarters in Washington DC. Custom live shots are also available (see below)

WALL STREET
The Associated Press is now operational with live stand-up positions outside the New York Stock Exchange. Additional broadcast facilities are available at the AP New York bureau, a few minutes away from Wall Street.

CUSTOM LIVE SHOTS AND NEWS PACKAGES
AP's affiliate reporter Philip Crowther will be standing by at the IMF Headquarters in Washington DC to provide customized coverage in 6 different languages:
English, Spanish, German, French, Portuguese, Luxembourgish.

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