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Deutsche Bank bullish about the 2021 economic recovery — but there are two key risks

Deutsche Bank bullish about the 2021 economic recovery — but there are two key risks

Posted By: Editorial Teamon: November 26, 2020In: ECONOMY, NEWSNo Comments

Deutsche Bank upgraded its global growth outlook for 2021 but cautioned that two key risks could still spoil the economic recovery from the coronavirus crisis. In the bank’s latest report out Wednesday — entitled “Hope on the horizon” — Deutsche Bank researchers updated their calls due to what it called “the incredibly positive” coronavirus vaccine news […] Read more

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IMF reveals 2021 forecasts for oil prices and the Middle East economy

IMF reveals 2021 forecasts for oil prices and the Middle East economy

Posted By: Editorial Teamon: October 19, 2020In: ECONOMYNo Comments

United Arab Emirates — The International Monetary Fund downgraded its outlook for Middle East and Central Asian economic recovery, predicting a 4.1% contraction for the region as a whole — 1.3 percentage points worse than its previous assessment in April — in its latest regional outlook report released Monday. Jihad Azour, director of the IMF’s […] Read more

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