Tuesday, December 08 2020

The IMF warned the world economy’s recovery may be fading as the resurgence of the coronavirus forces fresh restrictions to be imposed on households and companies… noted progress on a vaccine, but elevated asset prices point to disconnect from the real economy and a potential threat to önancial stability. “While global economic activity has picked up since June, there are signs that the recovery may be losing momentum, and the crisis is likely to leave deep, unequal scars," officials said. “Uncertainty and risks are exceptionally high."

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