Ford shares fell amid grim forecasts today. As the auto industry slows down, car makers look for ways to combat COVID.
The share price of the US electric-car maker nosedived by around 10% at the end of the trading day after Tesla's CEO tweeted that the company's price was "too high." Elon Musk is also critical of the COVID-19 lockdown.
The WHO highlighted the growing share of cases in less wealthy countries as cause for concern. Meanwhile, Jean-Claude Juncker criticized Berlin's handling of the Luxembourg border closure. Follow DW for the latest.
EU officials have forecast "the deepest economic recession" in the bloc's history as a result of the coronavirus. Failure to agree on common solutions for the post-pandemic recovery could undermine the European project.
Despite a moderate pickup in growth, the International Monetary Fund has said uncertainty in US-China trade tensions, along with sluggish growth in India, will put a drag on the global economy in 2020.
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