The United Nations has raised its GDP growth forecast to 5.4% (from 4.7% in January) in 2021. This is stated in the report of the organization.
According to the UN, after a sharp decline of 3.6% in 2020, the world economy is expected to grow by 5.4% this year.
It is noted that global growth is due to “strengthening economic activity in the United States and China”, as well as economic recovery after the pandemic. In addition, the UN added, world trade has already reached pre-pandemic levels.
At the same time, there is an uneven economic recovery in different regions of the world. For example, for some countries in South Asia, sub-Saharan Africa, Latin America and the Caribbean, GDP growth prospects are called “fragile and uncertain”, and for European countries – “modest”.
The reason for this is the inequality in the distribution of coronavirus vaccines between countries and regions, the UN said.
“Timely and universal access to COVID-19 vaccines will mean a rapid end to the pandemic and the transition of the world economy to a sustainable recovery trajectory,” the report said.
The Fund for Economic Stability (WSF), created by the German government, saved the largest German airline from bankruptcy after the collapse of air traffic in March 2020 with billions of infusions, but now there is a way out of the crisis, the concern said. Lufthansa intends to return to the state by the end of […]
The German concern Lufthansa plans to remove the state from its co-owners by increasing its capital by 2.14 billion euros and returning the state anti-crisis aid received during the COVID-19 pandemic. These measures will begin before the elections to the Bundestag on September 26, the airline said on Sunday evening, September 19. From September 22 […]
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Exports of goods accounts for a third of Ukraine’s GDP.But we sell primarily raw materials abroad. It is a marker of underdeveloped countries and a path that does not contribute to economic development. Our state’s strategic task is to increase the exports of high-tech goods with high added value: that is, not just to grow […]
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There are no grounds for devaluation of the hryvnia to UAH 30 / $. This was stated by Finance Minister, Serhiy Marchenko in an interview with Focus. “I do not see the preconditions for the course to reach such a value. And I do not see any tools with which anyone can influence the course […]Next
The Commercial Court of Odessa region initiated a bankruptcy proceeding of the Odessa oil-and-fat production Plant, one of the largest oil and fat enterprises of Ukraine. According to the information of the National Commission on Securities and Stock Market the application of instituting proceedings was filed by Lenintal Ltd. (Odessa region). The reason for initiation […]Next
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Facebook in Australia will block the ability to view and share the news. The head of the Australian branch of the company William Easton stated this on Thursday, February 18. This decision is a response to the bill of the Australian government, which will force Google and Facebook to pay the media for the original […]Next
Belarusian airline Belavia has extended its decision to refuse flights to Ukraine until the end of September, the company’s press service reports. “The Ukrainian side informed about the extension of the ban on Belavia flights until September 30, 2021. This is their official position. In this regard, the suspension of all flights to Ukraine has […]Next
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The British medical regulator is considering restricting the use of the coronavirus vaccine by the British-Swedish company AstraZeneca and Oxford University among young people due to concerns about the formation of blood clots. This was reported on Tuesday by The Times. A similar decision could be made, according to her, the Agency for the Control […]Next
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European airline Airbus will lay off 15,000 employees worldwide due to the restoration of the quarantine restrictions on the flights. This was stated by the Airbus Chief Operating Officer Michael Schollhorn. Prospects for the aviation industry deteriorated again due to the growing number of the coronavirus infections, he said. According to Schollhorn, the situation in […]Next
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