Cecil Kilpin | March 2020 Newsletter

By |2022-01-20T12:45:56+02:00March 30th, 2020|Business, Finance + Economics, Goverment, Newsletter, Tax|

Covid-19 and The Economy   Globally, a once-healthy economic growth outlook has been revised down sharply due to the outbreak and spread of Covid-19. This coronavirus will negatively affect global and domestic economic growth through the first half of 2020, and potentially longer depending on steps taken to limit its spread.     The Covid-19 outbreak will have a major health and social impact, as well as forecasting global and domestic activity presents significant uncertainty. The Chinese economy, where the virus originated, is expected to contract by 1% in the first half of 2020. Economic activity is likely to also contract in the United States and Europe as governments there take actions to contain the spread of the virus. In response to all these developments, [...]