CEO, Comtek Network Systems UK Ltd and chair DBF According to the World Bank report published on January 5, 2021, the outlook for the global economy appears very fragile and varies from region to region. The collapse of the world economy due to the Covid-19 pandemic compares with the deep recessions after both the First and Second World Wars. The vast majority of countries have borrowed eyewatering sums of money in order to prevent a sudden crash of their economies. David Malpass, the World Bank’s president, believes: “To overcome the impacts of the pandemic and counter the investment headwind, there needs to be a major push to improve business environments, increase labour and product market flexibility, and strengthen transparency and governance.”
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Ms Oliver has decided to commit to Barry town centre. She said: “I have an ideal opportunity to move my business forward in the town I grew up in. “With the current climate, Thompson street is a vibrant community and such a busy location, it is perfect for my business to move forward. “2019 was an amazing year. “2020 was going to be even better. “December 2020 was totally booked up with Christmas events in the three hotels I supply. “And weddings were coming in faster than I could imagine. “I had a new team of workers lined up to take the workload of myself as I cannot be in two places at once.