- Analytics
- News and Tools
- Market News
- New Covid outbreaks a top risk to economic recovery - OECD chief
New Covid outbreaks a top risk to economic recovery - OECD chief
CNBC reports that the OECD’s secretary-general has warned that new outbreaks of Covid-19 remain one of the top risks to a global economic recovery.
“We must do what we can to get as many people as we can, all around the world, vaccinated. There is a particular responsibility for developed economies and it’s not just a matter of charity or benevolence, it’s actually a matter of self interest both in terms of making sure we keep our populations safe ... and also to ensure the economic recovery can be sustained,” Mathias Cormann, secretary-general of the OECD, said.
“New outbreaks are still one of the biggest downside risks in terms of the sustained economic recovery moving forward,” he told.
“There is a race on between getting as many people vaccinated all around the world including and in particular in developing economies and the risk of new variants appearing, and variants that may be resistant to the vaccines currently available,” he noted.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
