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Added on the 07/12/2021 17:31:05 - Copyright : France 24 EN
The International Monetary Fund's World Economic Outlook now sees world growth of 6.0 percent this year after the contraction of 3.3 percent in 2020 amid the Covid-19 pandemic, IMF chief economist Gita Gopinath says. SOUNDBITE
Optimism that new vaccines will bring the pandemic under control and allow economic activity to resume coupled with stimulus in major economies has boosted the growth forecast this year to 5.5 percent, the IMF says in its latest World Economic Outlook. SOUNDBITE
Images of the Covid-19 monument opposite Madrid's Cibeles Palace in memory of the victims, as the global coronavirus death tolls nears two million. IMAGES
The global economic crisis will not be quite as grim as feared this year, but GDP will still contract 4.4 percent, the IMF says in its latest World Economic Outlook. "This upgrade owes to somewhat less dire outcomes in the second quarter, as well as signs of a stronger recovery in the third quarter, offset partially by downgrades in some emerging and developing economies," IMF chief economist Gita Gopinath says. SOUNDBITE
The coronavirus pandemic has claimed more than 200,000 deaths worldwide, nearly 90 percent of which were in Europe or the United States, according to an AFP tally at 1900 GMT on Saturday based on official figures. ANIMATED VIDEO
If you're wondering how the ultra wealthy live, there is no better place to find the ultimate luxury items than Switzerland. Super wealthy clients are turning to Swiss company Prime Computer AG based in the city of St. Gallen, to get their hands on a limited edition PC made of 15 pounds of solid gold. Each is worth a cool $1,000,000. IT specialists applied the finishing touches to the extravagant PC before delivering it over to a customer.