... of global demand and as rising global economic powers.
In case current growth trends were to persist for the next 3-4 years, China could overtake the US in terms of the absolute level of its GDP (based on market exchange rates) by 2024-2025.
New rounds ... ... pandemic and testing of new effective vaccines. According to RAND’s estimates the creation of a new effective vaccine against Covid-19 can deliver dividends to the world economy equivalent to 3.4 trn dollars, which is more than 4% of global GDP per annum. At the same time the costs of the so-called ...
China is an obvious target of criticism for the U.S. President, who is adamant about ... ... deliver an efficacious response to the pandemic, which has already put the country's economy at risk of
recession
with a gloomy long-term economic outlook.
Russia can no... ... Despite a minuscule
slide
in bilateral trade (a 4% decline compared to 2019) amid COVID-19, political cooperation has been developing. In early July, both countries ...
... the country's economy. The introduction of strict quarantine measures in Cairo, as in China and some European countries, seems inappropriate.
Half of the measures taken by... ... leadership to combat the coronavirus are already causing significant damage to the economy. Egypt's foreign exchange reserves
fell
by $5 billion in March. Due to injections... ... Central Bank, it will last only eight months to maintain a local stock market. The COVID-19 pandemic
caused
the postponement of the opening of the new administrative...
