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.
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According to an information of Reuters, Two large Chinese companies plan to construct a solar power station with a capacity of 1 gigawatt in the Chernobyl . For project implementation, the GCL System Integration Technology company intends to get a business with the China National Complete Engineering Corporation (CNCEC). CNCEC was founded in 1985. in […]
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Huawei Technologies Co. Ltd. is going to open the department in Ukraine. The representatives of Ukrainian delegation who had visited the Eastern country with diplomatic purpose informed about it. The parties have discussed the perspectives of countries cooperation in the sphere of economy and business. The main thing was R&D centre and laboratory opening on the […]
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The American corporation Microsoft has received permission from the New Zealand Department of Foreign Investment to build data centers in Auckland. This is stated in a statement issued by the agency on Wednesday. “New Zealand subsidiaries of Microsoft Corporation received management’s approval of foreign investments to purchase business assets, including various land, to further creation […]
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The Antimonopoly Committee drew the line under the proceedings between the Ukrainian “daughter” of the German firm Rehau and its namesake – the Kyiv production company Rehau. Both work in the window market under the Rehau brand. By the decision of the AMCU the Rehau production company is obliged within a month to abandon from […]
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