Monday, April 27, 2009

World Bank estimates that 'severe' swine flu could kill 70 million, wipe $4.4 off world markets

SHOOT: We're taking a lot of hits lately - anyone noticed? Feels like our species is at a sort of threshold level where Nature starts to dig in her heels.
clipped from

* The World Bank estimated in 2008 that a flu pandemic could cost $3 trillion (£2 trillion) and result in a nearly 5pc drop in world gross domestic product. The World Bank has estimated that more than 70m people could die worldwide in a severe pandemic.

* Australian independent think-tank Lowy Institute for International Policy estimated in 2006 that in the worst-case scenario, a flu pandemic could wipe $4.4 trillion off global economic output.

* Two reports in the United States in 2005 estimated that a flu pandemic could cause a serious recession of the US economy, with immediate costs of $500bn-$675bn.

* SARS in 2003 disrupted travel, trade and the workplace and cost the Asia
Pacific region $40bn. It lasted for six months, killing 775 of the 8,000
people it infected in 25 countries.

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