The organization predicts worldwide trade will plummet 11% this year and then grow 8.4% in 2021
Workers in the travel, sports and restaurant sectors will be hard hit
"Everyone will come out of this feeling a little less wealthy," Dodig says
A report suggests the recovery in North America may not be as quick
Canada's fiscal efforts will cushion the blow and set the stage for a rebound
Each month of containment cuts annual GDP by 2%, the organization says
Economists expect GDP to turn negative in the first quarter of this year
GDP forecasts slashed, worldwide contraction possible
Outlook highly uncertain amid unprecedented efforts to contain Covid-19 outbreak
The ECB decided to buy up to 120 billion euros more in bonds this year