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Added on the 02/12/2020 13:00:00 - Copyright : EFE Inglés
Optimism that new vaccines will bring the pandemic under control and allow economic activity to resume coupled with stimulus in major economies has boosted the growth forecast this year to 5.5 percent, the IMF says in its latest World Economic Outlook. SOUNDBITE
Hanoi, Aug 10 (EFE/EPA).- Students in Vietnam on Monday attended their graduation ceremony, complying with all the health measures recommended by health authorities to prevent the spread of the novel coronavirus.So far, Vietnam has recorded 841 confirmed cases and 13 deaths from COVID-19. (Camera: LINH LUONG THAI). SHOT LIST: STUDENTS IN HANOI, VIETNAM, ATTEND THEIR GRADUATION CEREMONY.
Global trade growth is expected to plummet by up to a third in 2020 due to the new coronavirus pandemic, the World Trade Organization says. "If the pandemic is not brought under control then governments failing to coordinate policy responses, the the decline could be 32% or more," World Trade Organization chief Roberto Azevedo says during a virtual news conference in Geneva. IMAGES
Britain will gradually boost its defence spending to 2.5 percent of GDP by 2030, Prime Minister Rishi Sunak announces during a visit to Poland. "Over the next six years, we'll invest an additional 75 billion pounds in our defence," Sunak says alongside Jens Stoltenberg, NATO chief. SOUNDBITE
Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its outlook for the global economy this year and next, while warning that the situation could get much worse. SOUNDBITE
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