Easing of Covid-19 restrictions in China and lower inflation in the US are good news for the new year
The World Bank says it is optimistic for 2023, with the global economy not likely to enter a recession despite the turbulence of 2022.
In a podcast this month World Bank chief economist Indermit Gill said even though the past 12 months were “turbulent” for the global economy — underscored by conflict, inflation, food supply crises and the long tail of the Covid-19 pandemic which caused shock waves across the world — the easing of Covid-19 restrictions in China and lower inflation in the US were good news...
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