Putin compares nature of COVID-induced global economic crisis to Great Depression

Putin compares nature of COVID-induced global economic crisis to Great Depression

Lokmat

Russian President Vladimir Putin on Saturday at the G20 summit called the economic crisis caused by the ongoing COVID-19 pandemic 'a major world crisis' since the Great Depression.

Russian President Vladimir Putin on Saturday at the G20 summit called the economic crisis caused by the ongoing COVID-19 pandemic 'a major world crisis' since the Great Depression.

"The scale of the challenges that humty faces in 2020 is truly unprecedented. The coronavirus epidemic, global lockdown and freezing of economic activity have triggered a systemic economic crisis that the modern world has probably not known since the Great Depression," Putin said at the summit as quoted by Sputnik.

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