Covid-19’s Economic Fallout Seen Lingering

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The World Economic Forum’s annual risk report showed a significant increase in pessimism about global prospects, with executives and leaders worried about the longer-term fallout from the pandemic.

The report said that 84% of the nearly 1,000 experts from business, technology and politics surveyed world-wide were concerned about the global outlook, while fewer than 4% were optimistic. Many respondents expected the next three years to be characterized by consistent volatility and surprises.

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