World Economic Forum
Slow vaccine rollout delays world economic recovery
Double-dip recessions are now expected in Japan, the eurozone and UK
24 January 2021 - 19:28
The world economy is facing a tougher-than-expected start to 2021 as coronavirus infections surge and it takes time to roll out vaccination programmes.
While global growth is still on course to rebound from the recession of 2020, it may take longer to ignite and not be as healthy as previously forecast. Already this month the World Bank has trimmed its prediction to 4% in 2021, while the IMF will update its own outlook this week...
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