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BUSINESSTODAY 5 March 2020

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€1.50 PAGE 5 ANALYSIS PAGES 10 & 11 Committee set up to review building rules and practices Bloomberg suspends campaign, endorses Biden after Super Tuesday wins THURSDAY 5 MARCH 2020 • ISSUE 48 WWW.BUSINESSTODAY.COM.MT KURT SANSONE GLOBAL stock markets lost almost $7 trillion in value last week as a re- sult of the coronavirus outbreak, a situation last seen during the 2008 financial crisis. But understanding whether this is a blip or the start of a global recession will take some time to determine, according to economist Philip Von Brockdorff. "It is difficult to quantify the impact of the coronavirus outbreak on GDP but the tangible measurement so far has been the performance of world stock markets and what we have seen there is an indication of a global econ- omy that is slowing down," he said. PAGE 3 Five MOUs signed by Malta trade delegation to Ghana PAGE 2 Editorial PAGE 9 COVID-19: VIGILANCE, TRANSPARENCY AND PREPAREDNESS Coronavirus hits markets but is it a blip or the start of a global recession?

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