Tag: Pandemic
World Bank lowers Malaysia GDP growth due to pandemic.
The World Bank has reduced Malaysia's GDP growth projection to 4.5% from 6% in 2021, citing concerns about COVID-19 resurgence, healthcare system capacity, and economic disruptions. The downgrade reflects a slower pandemic containment strategy and vaccination rollout, impacting both families and businesses.
The World Economy Is Suddenly Running Low on Everything
The coronavirus pandemic has triggered massive economic shifts, causing supply shortages, panic buying, and significant disruptions in global markets, with industries struggling to recover despite initial vaccination efforts.
