The new vaccine will be used on live coronavirus for the first time to determine how effectively it induces protection against infection. 9News
The coronavirus pandemic will turn global economic growth "sharply negative" in 2020, triggering the worst recession fallout since the 1930s Great Depression, with only a partial recovery seen in 2021, the head of the International Monetary Fund says.
She said the crisis would hit emerging markets and developing countries hardest of all, which would then need hundreds of billions of dollars in foreign aid. "We now project that over 170 countries will experience negative per capita income growth this year."
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