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DW News is a global English-language news and information channel from German public international broadcaster Deutsche Welle, established in summer 2015.
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DW News published this video item, entitled “OECD gives potentially optimistic outlook for 2021 | DW News” – below is their description.
The global output will return to pre-pandemic levels by the end of 2021 after witnessing a sharp 4.2% decline this year, the Organization for Economic Co-operation and Development (OECD) said in its economic outlook released on Tuesday.
The 37-member OECD projects global GDP to rise by around 4.2% in 2021 and by a further 3.7% in 2022, helped by COVID-19 vaccine rollouts and accommodative fiscal and monetary policies. The recovery will be led by China, which is forecast to grow by 8% next year, accounting for over one-third of world economic growth.
Currently this year the world economy is on course to plunge into its worst recession since the Second World War as the coronavirus forced half the world’s population to remain indoors, virtually shutting global businesses, trade and travel. Any hopes of a quick recovery were dashed by subsequent waves of the virus, which has killed about 1.5 million people.DW News YouTube Channel
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In This Story: China
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Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.
Symptoms of coronavirus
The main symptoms of coronavirus are:
- a persistent new cough (non productive, dry)
- a high temperature (e.g. head feels warm to the touch)
- shortness of breath (if this is abnormal for the individual, or increased)
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Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.
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In This Story: Vaccine
A vaccine is a biological preparation that provides active acquired immunity to a particular infectious disease. A vaccine typically contains an agent that resembles a disease-causing microorganism and is often made from weakened or killed forms of the microbe, its toxins, or one of its surface proteins.