World economy to grow 5.6 percent, the highest level since 1973

Associated Press
Tue, 08 Jun 2021 12:40:35 -0400

The World Bank is upgrading the outlook for global growth this year, predicting that COVID-19 vaccinations and massive government stimulus in rich countries will power the fastest worldwide expansion in nearly five decades. In its latest Global Economic Prospects report, out Tuesday, the 189-country anti-poverty agency forecasts that the world economy will grow 5.6 percent...