Economics
Second Winter of Woe Threatens Global Economy: Eco Week Ahead
- South Korea and New Zealand may raise interest rates
- Biden may stick with Powell or opt for Brainard for Fed chair
A visitor at the closed booths of the cancelled Christmas market in Munich, on Nov. 20.
Photographer: Lukas Barth/Getty Images
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The world economy is approaching the northern hemisphere winter in disarray, unable to shake off the coronavirus crisis amid persisting supply disruptions, soaring prices and resurgent outbreaks.