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OECD: Virus harmed G20 more than financial crisis
9/15/2020

The harm inflicted upon the Group of 20 economies by the coronavirus pandemic was four times as severe as the damage caused by the 2008-2009 global financial crisis, the Organisation for Economic Co-operation and Development said. The collective loss of gross domestic product was 6.9% in this year's second quarter, against a 1.6% decline in the first quarter of 2009, the OECD said.

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