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Coronavirus Australia latest updates: Sydney school closed as 1,000 troops deploy to Victoria – live

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Coronavirus Australia latest updates: virus closes Sydney school as 1,000 defence force personnel deployed to Victoria – live news

In less than cheery news, the IMF is predicting an even deeper depression then it did in April because of what it calls ‘the Great Lockdown’. But there is some slightly good news for Australia in the rather depressing report: Following the release of the April 2020 WEO, the pandemic rapidly intensified in a number of emerging market and developing economies, necessitating stringent lockdowns and resulting in even larger disruptions to activity than forecast.

 

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