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

U.S. President Donald Trump delivers remarks on judicial appointments during a brief appearance in the Diplomatic Room at the White House in Washington, U.S., September 9, 2020. REUTERS/Jonathan Ernst
 [Daylife]
U.S. President Donald Trump delivers remarks on judicial appointments during a brief appearance in the Diplomatic Room at the White House in Washington, U.S., September 9, 2020. REUTERS/Jonathan Ernst [Daylife]

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

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