Monday, April 12, 2021

Today in Global Small Business: Global Recovery Will Be Divergent

What's affecting me, my clients, my colleagues and other global small business owners:

  • The International Monetary Fund (IMF) revised this year’s growth forecast upward for the Middle East and North Africa region and says recovery will be 'divergent.'
  • Speaking of the latest developments in the global economy, the IMF has upgraded the world growth forecast!
  • Millions of small shops in India have now become the next big target of tech firms to integrate technology into local shopping experiences.
  • Global and local technology and financial services giants have embarked on a range of projects aimed at enhancing skills and diversity among small businesses in South Africa.
  • Quote of the week:  “The world will not be destroyed by those who do evil, but by those who watch them without doing anything.” – Albert Einstein
  • Managing divergent economies (by the IMF).  We are on firmer ground but there is a high degree of uncertainty.

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