Comment from Rita Costa Waite, head of payments business development and innovation, Millennium bcp
In the US, as of April 15, over 22 million people have filed for unemployment since the beginning of the Covid-19-related shutdowns. That is one out of every 10 workers. At the same time, 50% of small businesses have forecast that they will run out of cash. Worldwide, the number of businesses closing doors and the people without jobs is rising exponentially. The coronavirus pandemic is edging the world toward an abrupt economic crisis.
The historic antagonist in these stories…
