Coronavirus doesn't only take human lives, but also causes money losses in almost every vital sector in economy.\r\n\r\nAmid fears of global economic repercussions with regard to the virus, <a href="https:\/\/www.bloomberg.com\/news\/articles\/2020-04-01\/dean-deluca-files-for-bankruptcy-protection-from-creditors?srnd=premium">Bloomberg reported<\/a> on the first victim company which has just filed for bankruptcy.\r\n\r\n<a title="Company Overview" href="https:\/\/www.bloomberg.com\/quote\/DEAN:US">Dean & Deluca Inc.<\/a>, the pioneering gourmet grocer that was already struggling to survive, filed for Chapter 11 protection from creditors as the coronavirus brought New York City shoppers to a virtual standstill.\r\n\r\nThe company listed liabilities of as much as\u00a0<span class="" data-value="500000000" data-original="$500 million" data-symbol="$">$500 million<\/span>\u00a0and assets of no more than\u00a0<span class="" data-value="50000000" data-original="$50 million" data-symbol="$">$50 million<\/span>\u00a0in a bankruptcy petition filed in Manhattan. Its owner, Thailand\u2019s\u00a0Pace Development Corp.,\u00a0defaulted\u00a0on a total of 9.5 billion baht (about\u00a0<span class="" data-value="315000000" data-original="$315 million" data-symbol="$">$315 million<\/span>) of debt last year.\r\n\r\nDean & DeLuca\u2019s New York stores introduced Americans to international delicacies more than four decades ago and spawned a cohort of upscale gourmets. But the chain\u00a0faltered\u00a0amid heightened competition and lackluster sales.\r\n\r\nEarlier, <a href="https:\/\/see.news\/g20-leaders-to-inject-5-trillion-into-global-economy-to-fight-pandemic\/">G20 leaders said during a Thursday\u2019s summit<\/a> that they will inject more than $5 trillion into the global economy \u201cas part of targeted fiscal policy, economic measures and to guarantee schemes to counteract the social, economic and financial impacts of the pandemic.\u201d\r\n\r\nDuring a video-conference of the world\u2019s 20 largest economies, the leaders said they are committed to restoring confidence, maintaining financial stability and reviving growth, vowing to form a united front against the coronavirus pandemic. They added that facing the current health, social and economic repercussions is a \u201ctop priority\u201d.\r\n\r\nAnalysts earlier speculated that coronavirus will cost businesses billions, while insurance may not help. On its part, the\u00a0<a class="css-1g7m0tk" title="" href="http:\/\/www.oecd.org\/berlin\/publikationen\/Interim-Economic-Assessment-2-March-2020.pdf" target="_blank" rel="noopener noreferrer">Organization for Economic Cooperation and Development<\/a>\u00a0laid out just how bad things could get: If the coronavirus continues to spread, it could cut the year\u2019s global growth by half, to 1.5 percent for the year instead of the 2.9 percent that the Paris-based research group had forecast before the epidemic took off.