IMF warns supply snarls slowing global recovery

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by Heather SCOTT WASHINGTON, United States (AFP) — Worldwide supply chain disruptions are driving price increases and draining momentum out of economies recovering from the Covid-19 pandemic, the IMF warned on Tuesday. The ongoing hit from the pandemic and the failure to distribute vaccines worldwide is worsening the economic divide and darkening prospects for developing nations, the IMF said in its latest World Economic Outlook. The global economy is expected to grow 5.9 percent this […]