Economics

Global Virus Resurgence Threatens Vigorous Growth Momentum

WHO warns that infections are increasing around the world
World Bank says developing nations may lose growth momentum

WATCH: BofA’s Savita Subramanian discusses how investors can prepare for the post-pandemic economy.(Source: Bloomberg)

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By Enda Curran and Eric Martin

April 21, 2021 at 11:00 PM UTC

Updated on

April 22, 2021 at 9:07 AM UTC

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The renewed surge in Covid-19 infections is threatening to further divide the world economy between the rich and poor, potentially damaging overall global growth if the fresh outbreaks spread or if key sources of demand falter.