Advanced economies can weather the coronavirus for a season: Morningstar

DBRS Morningstar, the US financial services and data firm, has said it considers that most advanced economies have adequate fiscal space to implement temporary measures to mitigate the adverse impact of the coronavirus in the short to medium term. Morningstar, in a report released this morning, said the response to coronavirus places governments in a difficult dilemma. Efforts to slow the spread of the virus are needed to avoid overwhelming health care systems. However, the immediate economic impact of aggressive social distancing and widespread travel restrictions cannot be fully of...