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China factories are feeling some heat as U.S., Europe demand slows | Hellenic Shipping News Worldwide

China factories are feeling some heat as U.S., Europe demand slows | Hellenic Shipping News Worldwide
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The Year Of The Vaccine | Global Finance Magazine


The Year Of The Vaccine
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January 06, 2021
As 2020 came to a close and the new year opened up, Covid-19 infection rates went soaring again in a second wave that included a new, apparently more contagious, strain of the virus.
Nevertheless, at the same time, a wave of optimism washed through world economies as vaccine excitement took hold, especially in the West. In December, the Pfizer-BioNTech vaccine got emergency approval and the EU, UK, US and Canada opened vaccination campaigns. News of government approvals and successful trials, video of frontline workers and political leaders getting injections, and above all the prospect of returning to business as before, inspired some revisions to growth forecasts. Capital Economics, for example, lifted its estimate for 2021 world GDP to 6.8%. ....

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