Nations where large parts of their economy was due to turism, are gonna be hit hard by this virus.
Saudi-Arabia just released news about budget deficits of 9,1+ billion USD, for the first 3 months of this year.
Largly due to demand of oil, being so low, in combination with prices also being so low for it.
Apparently their GDP is down by over 22%.
Oil and turism....
In denmark, our national bank estimates growth over the year, could be about -3% (perphaps abit higher).
Its intresting to see how differnt countires cope, with this virus outbreak, and their handleing of things.