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The Graphic Truth: COVID-19 pandemic vs 2009 recession

The International Monetary Fund has said that the coronavirus pandemic will cause the world's worst economic catastrophe since the Great Depression in the 1930s. It will vastly surpass what happened in 2009 during the recession. If there's a silver lining, it's that the recovery from what the Fund calls "The Great Lockdown" is set to be much faster than what we saw in 2010. Here's a comparison of the dip and the recovery between then and now, for some of the world's largest economies, based on IMF data and projections.

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A view of Iranian-flagged cargo ship Touska as USS Spruance (DDG 111) conducts its interception in a location given as the north Arabian Sea, in this screen capture from a video released on April 19, 2026.
CENTCOM/Handout via REUTERS

The US Navy isn’t just intercepting Iranian-linked ships outside the Strait of Hormuz. It’s redirecting Iranian-linked ships in Asian waters, too.