World economic recovery from Covid-19 ‘may take five years’-World Bank

WASHINGTON-(MaraviPost)-United States President Donald Trump continues to claim there will be a coronavirus vaccine in weeks, contradicting the head of the Centers for Disease Control and Prevention.

The World Bank’s chief economist Carmen Reinhart says the global economic recovery from the crisis originated by the pandemic may take as much as five years.

The world’s biggest rubber glove maker – Malaysia’s Top Glove – is expected to announce record profits as the pandemic boosts demand.

More than 29.7 million people around the world have been diagnosed with the coronavirus and 938,820 have died, according to Johns Hopkins University. Some 20.2 million people have recovered.

Source: SOURCE: AL JAZEERA AND NEWS AGENCIES

Lloyd M’bwana

I’m a Lilongwe University of Agriculture and Natural Resource (LUANAR)’s Environmental Science graduate (Malawi) and UK’s ICM Journalism and Media studies scholar. Also University of Malawi (UNIMA) Library Science Scholar. I have been The Malawi Country Manager and duty editor for the Maravi Post since 2019. My duty editor’s job is to ensure that the news is covered properly, that it is delivered on time, and that it is created to the standards set out in the editorial guidelines of the Maravi Post.