Money Talks

IMF maintains global economic outlook at 6% for 2021 | Money Talks

The International Monetary Fund says the global economy is recovering at an uneven pace, with the gap between rich and poor countries expected to widen this year. The lender says it's a result of rising coronavirus infections from the Delta variant and inadequate vaccine access. And that could slow the global economic recovery in 2022. In its latest World Economic Outlook, the IMF says it expects global GDP to grow by 6 percent this year, unchanged from its April forecast. While next year's expansion will be slower at 4.9 percent. The fund says advanced economies are leading the recovery with the US and the UK both likely to grow by 7 percent. That's because they and other wealthy economies have had efficient COVID-19 vaccine roll-outs, and better fiscal support programmes. But the IMF has cut its growth forecast for emerging markets, where vaccine distribution has been slow. It says only 11 percent of people in developing countries are fully vaccinated. Many countries, including India, Indonesia, Brazil and Thailand, are also struggling to contain the the Delta variant. #IMF #GlobalEconomicOutlook #Pandemic

Picture This: Brussels Attacks Anniversary

Picture This: Brussels Attacks Anniversary

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

Showcase: 'I Am Not Madame Bovary'

Showcase: 'I Am Not Madame Bovary'

Biz in 60

Biz in 60

Biz in 60

Biz in 60

Biz in 60

Biz in 60

Emmy Awards dominated by streaming services | Money Talks

Emmy Awards dominated by streaming services | Money Talks

PM's party wins but misses out on parliamentary majority | Money Talks

PM's party wins but misses out on parliamentary majority | Money Talks

Australia's nuclear submarine deal with US, UK angers France | Money Talk

Australia's nuclear submarine deal with US, UK angers France | Money Talk

Markets slump as major Chinese builder faces default | Money Talks

Markets slump as major Chinese builder faces default | Money Talks

Biz in 60

Biz in 60

Biz in 60

Biz in 60

New York firm operates eco-friendly vessel to ship goods | Money Talks

New York firm operates eco-friendly vessel to ship goods | Money Talks

Bitcoin mining surge worsens global e-waste pileup | Money Talk

Bitcoin mining surge worsens global e-waste pileup | Money Talk

African firms seek more business with Turkish counterparts  |  Money Talks

African firms seek more business with Turkish counterparts | Money Talks

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