Analysts have estimated global GDP losses from the coronavirus at a trillion dollars. This will be the case if a global pandemic occurs. If the boundaries of the large-scale spread of COVID-19 are limited to Asia, the economic damage will be less severe. But money aside, lives are more important. The World Health Organization states that every country must be prepared. With the right measures, the spread of the virus can be contained.
The WHO is not seeing a huge number of severe cases and deaths. Yes, the list of countries with confirmed cases is growing. But the number of recoveries is also growing. There are certainly reasons for cautious optimism, although information coming from around the world indicates the gravity of the situation. The main thing to remember: panic is definitely not a means of prevention.
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