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Covid, soaring inflation threaten second winter of woe for world economy

Among the outcomes anticipated by economists are slowing manufacturing and services activity throughout the euro zone and the U.K., and only modest improvement in the U.S.

Topics
global economic crisis | supply chain finance

Bloomberg | Craig Stirling 



Children leave a school in Shekou area of Shenzhen, Guangdong province, China April 20, 2021. REUTERS/David Kirton//File Photo
Children leave a school in Shekou area of Shenzhen, Guangdong province, China April 20, 2021. REUTERS/David Kirton//File Photo

The world is approaching the northern hemisphere winter in disarray, unable to shake off the crisis amid persisting supply disruptions, soaring prices and resurgent outbreaks.

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First Published: Sun, November 21 2021. 07:59 IST

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