It had been their longtime dream to take a cruise. Instead, one couple's holiday on a Holland America cruise ship has turned into a 'nightmare scenario.'
Asia's developing countries may face "global financial shock and recession" if they don't act fast, World Bank says
Countries in East Asia and the Pacific will be dealing with a recession if they do not act immediately to combat the economic shocks caused by the novel coronavirus pandemic, the World Bank is warning. It also estimated that the pandemic’s economic effects could drive millions of people in the region into poverty.
Much of the world is now experiencing the same economic hardships that China went through weeks ago. The global push to keep people at home to stop the virus' transmission is severely impacting manufacturing, production and supply chains while also hurting consumer demand. Increased border restrictions are also slowing the movement of goods and people across the planet.
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