Business - Page 177

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A new study shows COVID-19 may cause brain disorders even in people with mild coronavirus symptoms

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Preliminary clinical data indicate that severe acute respiratory syndrome coronavirus infection is associated with neurological and neuropsychiatric illness. A new study shows that some coronavirus patientssuffered either temporary brain dysfunction, strokes, nerve damage or other serious brain effects. Another dozen patients observed in the study had swelling in their central nervous systems.

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30 million unemployed go missing and with them USD14bn of monthly consumption

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An unprecedented rise in the inactive population since February has seen more than 30 million workers going missing from official unemployment statistics across selected OECD and Emerging Market economies. Because of this” hidden unemployment,” the true monthly hit to household consumption could be underestimated by USD14bn, according to Euler Hermes, one of the global leaders

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A Bridge to Economic Recovery: Be Aware of Financial Stability Risks

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Despite a global economic crisis comparable only to the Great Depression, near-term financial stability risks have been contained with the help of unprecedented monetary policy easing and massive fiscal support across the globe. But many economies had pre-existing vulnerabilities—which are now intensifying, representing potential headwinds to the recovery.

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