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As global economy contracts sharply, U.S. and many others face prolonged, painful recovery

As global economy contracts sharply, U.S. and many others face prolonged, painful recovery

April 14, 2020

The International Monetary Fund on Tuesday said the coronavirus pandemic is causing the worst economic downturn since the Great Depression of the 1930s, as a return to normal activity in the United States appeared likely to take months longer than President Donald Trump has indicated.

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