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ASX to rise; Metcash supermarket sales up 14.4pc

ASX to rise; Metcash supermarket sales up 14.4pc
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

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World Economic Situation and Prospects 2021

A once-in-a-century crisis—a Great Disruption unleashed by the Covid-19 pandemic—hit the world economy in 2020. The pandemic reached every corner of the world, infecting more than 90-million and, so far, has killed close to 2-million people worldwide. Governments around the world responded rapidly—and boldly—to stem the health and economic contagion of the crisis. Fiscal and monetary stimulus packages were quickly rolled out to save the economy. The crisis responses, however, entailed difficult choices between saving lives and saving livelihoods, between speed of delivery and efficiency, and between short-term costs and long-term impacts. ....

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Indian economy estimated to contract by 9.6% in 2020, grow at 7.3% in 2021: UN

Indian economy estimated to contract by 9.6% in 2020, grow at 7.3% in 2021: UN
International
Published: Wednesday, January 27, 2021, 8:18 [IST]
United Nations, jan 27: India s economy is projected to grow at 7.3 per cent in 2021, even as it is estimated to contract by 9.6 per cent in 2020 as lockdowns and other efforts to control the COVID-19 pandemic slashed domestic consumption, the UN has said.
The World Economic Situation and Prospects 2021, produced by the United Nations Department of Economic and Social Affairs (UN DESA), said the world economy was hit by a once-in-a-century crisis a Great Disruption unleashed by the COVID-19 pandemic in 2020.
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The global economy shrank by 4.3 per cent last year, over two-and-a-half times more than during the global financial crisis of 2009. The modest recovery of 4.7 per cent expected in 2021 would barely offset the losses of 2020. ....

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What Changed For The Market While You Were Sleeping? Top 10 Things To Know

Trends on SGX Nifty indicate a lower start for the broader index in India. It is down around 106 points from its January 25 closing of 14,239. ....

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Indian economy estimated to grow at 7.3 per cent in 2021: UN

United Nations, January 26
India's economy is projected to grow at 7.3 per cent in 2021, even as it is estimated to contract by 9.6 per cent in 2020 as lockdowns and other efforts to control the COVI ....

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