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What is the economic impact of the Coronavirus pandemic on the globalfinancial markets?
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The economic impact of the Coronavirus pandemic on the global financial markets has been far reaching. Stock markets around the world have seen significant decreases in value, as investors are selling off their holdings as they become concerned about the economic outlook. Businesses are being affected as countries around the world impose restrictions on movement, reducing economic activity. Unemployment is on the rise, and spending continues to decrease in both individuals and businesses. This has caused a global recession, with some countries faring worse than others. In addition, many countries have put stimulus packages in place to help mitigate the effects of the pandemic, but the end result is still uncertain.