The global economy is expected to see a strong rebound this year, but the coronavirus crisis is causing severe damage. Economies will also recover at different speeds, IMF Deputy Director Petya Koeva Brooks told DW.
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Critics say Brazilian President Bolsonaro played down the coronavirus for too long. A lack of central coordination to fight the pandemic has led to a huge number of deaths, which experts say were unnecessary.
As Ghana becomes the first country to receive vaccines from the UN-led COVAX scheme, the West has been warned that a post-COVID economic recovery is dependent on vaccinating the developing world.
The Johnson & Johnson one-shot vaccine is next in line for authorization in the US. Meanwhile, Denmark and Switzerland are easing some restrictions. Follow DW for the latest.
The relief package was approved after a 219-212 vote, and will now go to the Senate. The money is aimed at galvanizing a still-faltering US economy.
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