Ebola ‘fear factor’ risks economic disaster

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WASHINGTON D.C.: The World Bank warned on Wednesday that fear of the deadly Ebola virus is choking off economic activity in West Africa with potentially “catastrophic” results. The “fear factor” is spurring even people unaffected by the disease to pull back on their work activities—in farming, mining, manufacturing or other areas—so that they are producing less, earning less and spending less. That is exacerbating the already heavy burden Ebola is exacting on the finances and health systems of the three hardest-hit countries.

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