In uncertain times like these, with lockdowns and collapsing markets, our basic instinct is to follow the majority. But why? Economists say that's not smart.
The COVID-19 public health crisis and the resulting economic downturn have dealt a severe blow to the Hong Kong economy. Small business owners have had a particularly hard time.
US stock markets recorded their worst performance since Black Monday in 1987, while Germany's DAX index logged a historic drop. Global shares have tumbled due to uncertainty over the COVID-19 outbreak.
The spread of the new coronavirus and COVID-19 has had a profound effect on the global economy in a staggeringly short space of time. The longer-term impact depends on how quickly the virus can be tackled.
The coronavirus epidemic has triggered several warnings from officials about an impending pandemic. Follow DW for the latest updates across the globe as public health authorities struggle to contain the virus.
© 2020 Deutsche Welle |
Legal notice |
| Mobile version