Just Earth News | @justearthnews | 09 Mar 2020, 09:43 pm Print

Karachi: With nine more cases of coronavirus infection being reported from Karachi city, the total number of the cases in Pakistan has touched 16, officials said.
Special Assistant to Prime Minister on Health Dr Zafar Mirza tweeted: "I can confirm 9 new cases of #COVID19 in Karachi. All these cases are contacts of an already confirmed case. Further contacts are being traced and tested. This makes a total of 16 cases in Pakistan."
240/ I can confirm 9 new cases of #COVID19 in Karachi. All these cases are contacts of an already confirmed case. Further contacts are being traced and tested. This makes a total of 16 cases in Pakistan.
— Zafar Mirza (@zfrmrza) March 9, 2020
Apart from the tragic human consequences of the COVID-19 coronavirus epidemic, the economic uncertainty it has sparked will likely cost the global economy $1 trillion in 2020, the UN’s trade and development agency, UNCTAD, said on Monday.
“We envisage a slowdown in the global economy to under two per cent for this year, and that will probably cost in the order of $1 trillion, compared with what people were forecasting back in September,” said Richard Kozul-Wright, Director, Division on Globalization and Development Strategies at UNCTAD.
Launching the UNCTAD report as world financial markets tumbled over concerns about supply-chain interruptions from China, and oil price uncertainty among major producers, Mr. Kozul-Wright warned that few countries were likely to be left unscathed by the outbreak’s financial ramifications.
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