Economic outlook seen brightening but dangers remain
PARIS – The world economy will bounce back to its pre-pandemic levels by the end of next year, a global watchdog predicted Tuesday, though that recovery will be uneven across the countries and big risks remain.In a wide-ranging report on the economy, the Organization for Economic Cooperation and Development said that progress on coronavirus vaccines means that the outlook has improved for the first time since the pandemic began.“The road ahead is brighter, but challenging,” wrote Laurence Boone, chief economist at the OECD, in the report.It predicts the global economy will shrink about 4.2% this year and rebound by the same rate in 2021 before growing 3.7% the following year.China, which has brought its virus infections under control better.
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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