Emerging-Market Economies Brace for Coronavirus Hit

MEXICO CITY—After slamming made economies in Asia, Europe and North The us, the coronavirus pandemic

MEXICO CITY—After slamming made economies in Asia, Europe and North The us, the coronavirus pandemic is coming for economies throughout the establishing planet.

Economic output in emerging marketplaces is forecast to fall 1.five% this yr, the to start with decline considering the fact that trustworthy records began in 1951, according to investigation organization Cash Economics. In Mexico, the U.S.’s greatest trading companion, the economic climate could contract by up to eight%, its steepest decline considering the fact that the Wonderful Depression, Financial institution of The us Corp. has believed.