COVID-19 variants, rising debt, threaten global economic growth: World Bank |

While economic growth experienced a strong rebound in 2021, it is expected to decline markedly from 5.5 per cent last year to 4.1 per cent in 2022, and drop to 3.2 per cent in 2023. Disruption and deceleration Given the rapid spread of the Omicron variant, the COVID-19 pandemic will continue to disrupt economic activity […]

European Stocks Close Lower As Rising Virus Cases Trigger Growth Worries

Shelli Sun

January 1, 2022

Virus

(RTTNews) - European stocks closed notably lower on Monday amid fears of fresh disruptions across supply chains globally following tighter restrictions in Europe amid rapidly...

Vermont Is a Vaccination Star. Why Cases Are Rising There, and What It Means for Investors.

Shelli Sun

December 5, 2021

Vaccination

Call it the Vermont Problem: Why are daily Covid-19 case counts doubling in New England states with vaccination rates that top 70%, and what does...

Hospitalizations rising among fully vaccinated in U.S., Fauci says

Shelli Sun

November 26, 2021

Vaccination

As cases of Covid-19 rise throughout the U.S., health officials warn that an increasing number of fully vaccinated people are being hospitalized or going to...

IMF slashes US growth forecast and warns of rising risks to the global economy

Shelli Sun

October 19, 2021

Growth

The IMF on Tuesday slashed its 2021 growth forecast for the United States by one full percentage point to 6%, the biggest reduction suffered by...

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