The 190-country lending agency now forecasts the global economy will expand 4.4% in 2022. That's down from an estimated 5.9% last year and from the 4.9% the IMF was forecasting for 2022 back in October.
The Chinese economy is forecast to grow 4.8% this year -- down from 8.1% last year and 0.8 percentage points slower than the IMF expected in October. China's zero-tolerance approach to COVID is likely to take an economic toll as is financial stress on the country's property developers, according to the agency.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia sets another daily virus record amid Omicron surgeNew coronavirus infections in Russia reached an all-time high on Sunday, the third consecutive daily record as the highly contagious Omicron variant spreads through the country. And how does that compare to Canada’s stats? (if you know)... Who cares Freedom Canada convoy 2022
Source: CTVNews - 🏆 1. / 99 Read more »
Coronavirus Update: After recovering from Omicron, what comes next is complicatedJan. 23: It’s still unclear how potent postinfection COVID-19 immunity actually is, how long it lasts or how widely it varies from person to person Another mutation, right? The fore runner to omicron / mf593268
Source: globeandmail - 🏆 5. / 92 Read more »
Beijing introduces more COVID-19 measures as cases mount before Olympics | CBC NewsBeijing's city government on Sunday introduced new measures to contain a recent outbreak of COVID-19, as China's capital continued to report new local cases just two weeks from hosting the Winter Olympics. Freedom Canada convoy 2022 ⚠️The Timeline of COVID-19⚠️ MUST WATCH‼️ Does experimental vaccines work with Covid ?! Only truth can end the pandemic ! CCPLiedPeopleDied CCP≠CHINESE CCPVirus
Source: CBCNews - 🏆 2. / 99 Read more »
Over 700,000 Canadians flew internationally in December despite Omicron surgeNice; glad they got a break from this endless nonsense in Canada. Justin has a credibility problem And truddy let in 400,000 imigrants last year dont forget them
Source: CTVNews - 🏆 1. / 99 Read more »