Reported 25 days ago
A recent study by Lloyd's of London predicts that another deadly pandemic could result in global economic losses of up to $42 trillion, potentially reversing economic progress by two decades. If an infectious virus with a death rate exceeding 5% were to spread, global GDP could drop by 6.4%. The analysis underscores the significant financial impacts from pandemic-induced lockdowns and travel restrictions, urging preparedness for such catastrophic events.
Source: YAHOO