The deadly coronavirus could have a far more significant effect on the world economy than the severe acute respiratory syndrome (SARS) did in 2003, says the Russian National Credit Ratings (NCR) agency. According to NCR as cited by TASS, “Even a minor fall in the Chinese economy may add to the volatility of the world oil market and global trade.” The agency explained that “The number of tourist and business trips to China is dwindling. The first bans have been introduced already, which will influence the industries servicing tourists and businessmen.” Also on rt.com Coronavi
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