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Showing posts with label outlook. Show all posts
Showing posts with label outlook. Show all posts

Monday, December 6, 2021

USA: CEOs across economy agree on one 2022 prediction: No Covid end - USA: CEOs across economy agree on one 2022 prediction: No Covid end -

Chief executive officers of companies from sectors including healthcare, restaurants, packaged food, manufacturing, logistics and chip sector tell CNBC that any hope of a “return to normal” in 2022 is misguided and volatility will remain a primary business challenge. CEOs see opportunity in the changes already made during Covid to become permanent competitive advantages, and for global economic growth to remain strong, but it won’t be without a high level of uncertainty and volatility.

Read more at: https://www.cnbc.com/2021/12/02/ceos-across-economy-agree-on-one-big-2022-prediction-more-volatility.html

Wednesday, November 25, 2020

UK economy to suffer 'largest fall in output for 300 years' as GDP down 11.3% in 2020, says Sunak

Debt would be 91.9% of GDP this year, rising to 97.5% in 2025-26, he said. In comparison, government debt in the eurozone stood at 95.1% of GDP in the second quarter of 2020, according to Eurostat, the EU statistics agency.

The OBR said that if the UK trades with the EU under World Trade Organization (WTO) terms, as would happen should no trade deal be reached by the end of the transition period on December 31, the effect would "reduce real GDP by a further 2% in 2021". Bottom line, the economic picture for Britain looks quite bleak.

UK economy to suffer 'largest fall in output for 300 years' as GDP down 11.3% in 2020, says Sunak | Euronews