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Vaccines to boost world economy | Business | The Journal Gazette

Briefs Staff, news services The rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a rebound from the pandemic recession, the International Monetary Fund says in its latest forecast. The 190-country lending agency said Tuesday it expects the world economy to expand 6% in 2021, up from the 5.5% it had forecast in January. In 2022, the IMF predicts, international economic growth will decelerate to 4.4%, up from its January forecast of 4.2%. The United States economy is now forecast to expand 6.4% in 2021 and 3.5% in 2022. The U.S. growth is being supported by President Joe Biden s $1.9 trillion coronavirus relief package, while an acceleration in the administering of vaccines nationwide is beginning to let Americans in many states return to restaurants, bars and shops in larger numbers.

Scammer using fake Trine University checks

ANGOLA — Trine University is warning consumers of a scam involving fraudulent checks that appear to be from the university. The university has received reports from around the United States of people receiving and attempting to cash the checks, most of which are connected to an online sale on sites like Craigslist. The perpetrator will send a fraudulent Trine check made out for an amount greater than the total sale, and ask the seller to deposit the check and send the excess money back. Sometimes, the scammer will ask for the seller’s bank account information. “Trine University does not purchase items from Craigslist, and we would never issue a check for this purpose,” said Jody Greer, vice president for finance.

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