Tuesday , April 20 2021
Home / South China Morning Post / Coronavirus: World Bank cuts global growth estimate, but sees big Chinese recovery

Coronavirus: World Bank cuts global growth estimate, but sees big Chinese recovery

Summary:
[unable to retrieve full-text content]The World Bank on Tuesday downgraded its outlook for the global economy, and warned the situation could deteriorate if Covid-19 infections accelerate or the vaccine roll-out is delayed.The coronavirus pandemic also has worsened the risks surrounding the rising debt load in developing nations, and it will take a global effort to avoid a new crisis in those economies, the bank cautioned.After shrinking 4.3 per cent in 2020, the world economy is projected to grow by 4.0 per cent this year, two…

Topics:
Agence France-Presse considers the following as important:

This could be interesting, too:

Tyler Durden writes Japan’s Hardest-Hit Regions Push For COVID State Of Emergency As Olympics Safety Review Looms

Tyler Durden writes The Media Lied Repeatedly About Officer Brian Sicknick’s Death. And They Just Got Caught

Tyler Durden writes Lordstown Motors’ “Endurance” All-Electric Pickup Fails To Endure Baja Race

Tyler Durden writes China Launches New App Allowing Citizens To Report Others For Expressing “Mistaken Opinions”

[unable to retrieve full-text content]
The World Bank on Tuesday downgraded its outlook for the global economy, and warned the situation could deteriorate if Covid-19 infections accelerate or the vaccine roll-out is delayed.The coronavirus pandemic also has worsened the risks surrounding the rising debt load in developing nations, and it will take a global effort to avoid a new crisis in those economies, the bank cautioned.After shrinking 4.3 per cent in 2020, the world economy is projected to grow by 4.0 per cent this year, two…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.