Economy

WHO officials warn of ‘vicious cycle’ of economic and health disasters if restrictions are lifted too quickly

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Easing coronavirus restrictions and reopening the economy too quickly could lead to a “vicious cycle” of economic and health disasters, the World Health Organization warned Wednesday.

“This is what we all fear, is a vicious cycle of public health disaster followed by economic disaster followed by public health disaster followed by economic disaster,” Dr. Mike Ryan, executive director of the WHO’s emergencies program, said at a press conference at the organization’s Geneva headquarters Wednesday. “If you reopen in the presence of a high degree of virus transmission, then that transmission may accelerate.”

It’s a “false equation” to choose between the economy and public health, he added….



Source cnbc.com

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