The latest available GDP data showed strong growth in both advanced economies and emerging markets in Q2 2021. More recent indicators, such as purchasing manager indices, point to weaker conditions in Q3 – in a large part reflecting the impact of COVID-19 restrictions (particularly in China). • COVID-19 remains the main risk to our global economic outlook, with emerging market economies more exposed to the risk of outbreaks due to their typically lower vaccination rates than advanced economies. The latest forecasts from the Economist Intelligence Unit suggest that much of Africa and South East Asia will not reach ... (full story)