“Defendant Princess chose to place profits over the safety of its passengers, crew and general public in continuing to operate business as usual, despite their knowledge of the actual risk of injury to plaintiffs, who are elderly with underlying medical conditions,” the complaint said.

A preliminary downside scenario sees a USD 2 trillion shortfall in global income with a USD 220 billion hit to developing countries (excluding China). The most badly affected economies in this scenario will be oil-exporting countries, but also other commodity exporters, which stand to lose more than one percentage point of growth, as well as those with strong trade linkages to the initially shocked economies.