U.S. Set to Power Global Economic Recovery From Covid-19 | Hellenic Shipping News Worldwide
U.S. Set to Power Global Economic Recovery From Covid-19 The U.S. could help drive a powerful global economic recovery this year, as it plays a more central role in the comeback than after the financial crisis, reflecting the unusual nature of the Covid-19 shock and the flexibility of the American economy. The world economy is likely to grow by around 6% this year, according to Oxford Economics, the fastest rate in almost half a century, as vaccine campaigns allow pandemic restrictions to be lifted and businesses to snap back. For the first time since 2005, the U.S. is expected this year to m...