WASHINGTON– After decades of progress versus worldwide hardship, world leaders are facing a problem due to the coronavirus pandemic and struggling to come up with a reaction that matches the scale of the problem.
Finance ministries and central banks around the world have actually hurried to boost their economies, enacting unmatched spending steps and slashing interest rates. While those actions are cushioning the blow from the pandemic and financial lockdowns, a consensus is emerging that the actions most likely will not prevent a large …
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