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Global economy strongly affected by coronavirus

En­tire economies in Asia have come to a still­stand. In­ter­na­tion­al com­pa­nies are fac­ing mas­sive dis­rup­tions to their val­ue cre­ation process­es. From pro­duc­tion to de­liv­ery, process­es are in­ter­rupt­ed or even stopped. As a re­sult, com­pa­nies are forced to an­nounce prof­it warn­ings. Stock mar­kets re­act sen­si­tive­ly to this cri­sis sit­u­a­tion. In Blick on­line, Prof. Ralph Ossa com­ments on the coro­na virus’ ef­fect on the glob­al econ­o­my.

Read ar­ti­cle (in Ger­man) on Blick on­line

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