Showing posts with label high degree of uncertainty. Show all posts
Showing posts with label high degree of uncertainty. Show all posts

Monday, April 12, 2021

Today in Global Small Business: Global Recovery Will Be Divergent

©iStock/INueng
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.