What is the economic forecast for 2021?

The global economy is projected to grow 5.9 percent in 2021 and 4.9 percent in 2022, 0.1 percentage point lower for 2021 than in the July forecast.

Will there be a recession in 2023?

A recession will come to the United States economy, but not in 2022. The downturn won’t come in 2022, but could arrive as early as 2023. If the Fed avoids recession in 2023, then look for a more severe slump in 2024 or 2025. Recessions usually come from demand weakness, but supply problems can also trigger a downturn.

What will economy be like in 2022?

The National Institute of Economic and Social Research predicts the inflation rate will fall from its current 5.1\% to 2.3\% by Q4 of 2022. “We will have significant inflation in the first half of 2022 until the supply chain issues are resolved and the global economy is restructured,” said Lee.

What will be the GDP of USA in 2025?

Characteristic	Gross domestic product in billion U.S. dollars
2026*	29,102.5
2025*	28,035.09
2024*	26,980.36
2023*	25,938.16

Is the world’s largest iceberg close to grounding near an island?

The A-68A iceberg from a Royal Air Force reconnaissance plane near South George island on Nov. 18, 2020. U.K. Ministry of Defense / via Reuters file The world’s largest iceberg is closing in on a South Atlantic island and has the potential to cause major damage to wildlife if it becomes grounded near the island.

What happens if the iceberg hits South Georgia Island?

As of now, the iceberg is just 150 kilometers from the territory, according to BBC News. If it does collide with South Georgia Island scientists warn that it could threaten the wildlife ecosystem and animals’ access to food.

What happens to an ecosystem when an iceberg gets stuck?

“Ecosystems can and will bounce back of course, but there’s a danger here that if this iceberg gets stuck, it could be there for 10 years. An iceberg has massive implications for where land-based predators might be able to forage,” said Professor Geraint Tarling, an ecologist at the British Antarctic Survey.

Where is the ‘a68a’ iceberg headed?

The “A68a” iceberg is heading towards the island of South Georgia in the South Atlantic. The A-68A iceberg from a Royal Air Force reconnaissance plane near South George island on Nov. 18, 2020.

https://www.youtube.com/watch?v=r1L1PGc4Rfo