Richard Quest on the economic impacts of Covid-19 around the world

Author
Newstalk ZB,
Publish Date
Thu, 24 Sep 2020, 11:35AM
Photo / Getty Images
Photo / Getty Images

Richard Quest on the economic impacts of Covid-19 around the world

Author
Newstalk ZB,
Publish Date
Thu, 24 Sep 2020, 11:35AM

The global Covid 19 pandemic could be about to worsen, and so could the resulting recession.

Sweden is trying to stem another potential outbreak in its capital Stockholm.

It has followed a policy of not imposing hard lockdowns like most other countries, with a goal of creating herd immunity.

Other countries are again introducing, or considering, tougher restrictions.

CNN analyst Richard Quest told Mike Hosking the ongoing lockdowns could push the world's economies closer to "K-shaped" recoveries.

"What’s really worrying and troubling is the top bit gets richer, and the bottom bit goes down as the jobs still haven't come back."

LISTEN ABOVE

;