EU Economy Faces Historic Recession As China, US Spar Over Virus Origins
A passenger wearing a face mask and gloves as a preventive measure pushes a trolley at the Madrid-Barajas Adolfo Suarez Airport in Barajas on March 20, 2020. JAVIER SORIANO / AFP.The EU on Wednesday forecast a historic recession on the continent battered by the deadly coronavirus pandemic, as the US and China escalated their war of words over the origins of the disease.
The pandemic has now killed more than 257,000 people globally and officially infected nearly 3.7 million, although with only the most serious cases being tested the number is believed to be far higher. So far only some shops and schools have been open, and sports matches across the country have been suspended.
The vote comes as Spain said foreign tourist arrivals plummeted by 64 percent in March, a major blow one of the country’s key economic lifelines. China once again batted away accusations from Washington that the virus originated in a lab, accusing US politicians of peddling the theory for political gain.
China’s envoy to the UN said Wednesday an investigation into the origins of the pandemic should only be carried out once the crisis is over. The US is by far the worst hit by the pandemic, with 71,000 deaths and 1.2 million infections — numbers that experts predict will continue to rise.
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