×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Global economy hit by severest shock since World War 2

Recessions often start with a small drop in activity which then progressively deepens over subsequent months as the second and higher-round effects on the economy start to occur.

But the current business cycle downturn looks very different. In terms of its scale and sudden onset, there is no parallel since the end of the Second World War.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in

Related Topics

World War 2