Goldman Sachs on Saturday cut its outlook for U.S. economic growth next year to 3.8 percent from 4.2 percent, citing the emergence of the Omicron variant of the coronavirus one day after the IMF said it’s likely to lower its global growth estimate. Reuters reports that Goldman economist Joseph Briggs said in a note that the Omicron variant could slow economic reopening, but the firm expects “only a modest drag” on service spending.
- NAMFISA orders over 1.8 million Namibia Dollars back to customers’ pockets as complaints and malpractices soar during the Third Quarter of 2021.
- Biden commits to historical US Supreme Court pick
- Morocco to build new Covid vaccine plant
- More Repo pain predicted
- Roads Authority warns on Oranjemund road