World economy

The IMF expects the five largest developing economies in Southeast Asia to collectively grow by 4.9% in 2021, down from its previous projection of 5.2%.

Analysts polled by Reuters had expected the Singapore economy to shrink 0.2% in the first quarter from a year ago.

China’s trade surplus shrank to $13.8 billion in March, much narrower than the $52.05 billion forecast by analysts in a Reuters poll.

Federal Reserve Chairman Jerome Powell is participating in a virtual debate on the global economy presented by the International Monetary Fund.

The U.K. and EU have pre-ordered up to 455 million doses of CureVac’s mRNA vaccine, subject to regulatory approval.

Experts have highlighted why it’s in everybody’s interests to make sure adequately supplied inoculation programs are rolled out across the globe.  

One in 3 COVID survivors has suffered a neurological or psychiatric disorder within six months of infection with the virus, an observational study of more than 230,000 patient health records has estimated.

When asked whether coronavirus vaccinations will be necessary in order to fly, the CEO said: “I think this will be the trend initially.”

The International Monetary Fund’s projections suggest the U.S. will experience a solid economic recovery in 2021, in contrast to many other countries.

“China is really an impressive example of an outlier in the positive sense,” the IMF’s Tobias Adrian told CNBC Tuesday.

South Asia faces “wake up moment” as it trails the world in its efforts to address gender equality.

Compared with the strong condemnations and sanctions by the west, China’s response to the Feb. 1 Myanmar coup has been far more cautious.

Global leaders have jointly called for a pandemic treaty, although the U.S. and China are missing from the list.

Captain Andrew Kinsey warns about the fallout from the nearly week-long Suez Canal blockage.

Algeria, Chad, Iraq and Nigeria will be among the first countries to experience political instability if the “energy transition” occurs, says Verisk Maplecroft.

The Ever Given, a more than 200,000 ton container ship, is stuck in the Suez Canal.

A BofA Securities report said India should touch Japan’s nominal GDP in dollar terms in 2031 if it grows at 9% annually.

That number for India accounts for nearly 60% of the global increase in poverty in 2020, an analysis by Pew Research Center showed.

“Targeted sanctions are useful … that is why we keep asking the international community to impose targeted sanctions on military regime,” said Kyaw Moe Tun.

Michael Tien, a pro-Beijing lawmaker in Hong Kong, said he supports the planned overhaul to the semi-autonomous region’s electoral system.