The International Monetary Fund forecasts that the world economic output will contract by 4.4 per cent this year. However this is a better projection that the one it gave in June due to a partial and better-than-expected rebound in advanced economies from the impact of Covid-19 pandemic.
However, the Middle East and North Africa region remains at risk from the pandemic and a recovery next year is far from assured, according to the Fund.
It is hosting a live discussion titled ‘Coping with COVID-19: Challenges and Policy Priorities for the MENA Region and the Global Economy’.
Gita Gopinath, the IMF’s chief economist, Jihad Azour, its Middle East and Central Asia director, Reza Moghadam, vice chairman of global capital markets at Morgan Stanley and Nasser Saidi, former Lebanon economy minister, will debate the outlook for the region and beyond. CNBC’s Hadley Gamble moderates.
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Read more here:
Pandemic worsens challenges of fragile states in Middle East and Central Asia, IMF says
IMF revises economic outlook on partial recovery and calls for multilateral co-operation
IMF forecasts 'partial and uneven recovery' as it warns of record debt levels
The specs: 2018 Mercedes-Benz S 450
Price, base / as tested Dh525,000 / Dh559,000
Engine: 3.0L V6 biturbo
Transmission: Nine-speed automatic
Power: 369hp at 5,500rpm
Torque: 500Nm at 1,800rpm
Fuel economy, combined: 8.0L / 100km
THE BIO
Bio Box
Role Model: Sheikh Zayed, God bless his soul
Favorite book: Zayed Biography of the leader
Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet
Favorite food: seafood
Favorite place to travel: Lebanon
Favorite movie: Braveheart
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Squads
India (for first three ODIs) Kohli (capt), Rohit, Rahul, Pandey, Jadhav, Rahane, Dhoni, Pandya, Axar, Kuldeep, Chahal, Bumrah, Bhuvneshwar, Umesh, Shami.
Australia Smith (capt), Warner, Agar, Cartwright, Coulter-Nile, Cummins, Faulkner, Finch, Head, Maxwell, Richardson, Stoinis, Wade, Zampa.
The specs
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Transmission: nine-speed
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Torque: 700Nm
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Company%20Profile
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COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
Joker: Folie a Deux
Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson
Director: Todd Phillips
Rating: 2/5
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Company%20Profile
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DEADPOOL & WOLVERINE
Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin
Director: Shawn Levy
Rating: 3/5
Jigra
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
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