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China and US lead global recovery; Eurozone activity lose momentum Japan rebounds at a slow pace
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Global: The storm has passed, but the danger has not
US: Economy gains momentum, raising hopes for a stronger recovery ahead.
Eurozone: Slow economic activity and vaccine rollout could cap economic recovery.
China: Urban residents still spending cautiously, slowing down the recovery in domestic consumption.
Japan: Improving exports and manufacturing sector could ease latest COVID-19 impact.
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On 6 April 2020, the Central Bank of Myanmar announced a new round of banking sector liberalization by awarding preliminary licenses
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Global: It’s not how low you go but how long it lasts
Supply chains are recovering but demand shock will continue, implying weak global trade lies ahead
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Global: Trade war and strategic moves reshaping economic outlook
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Global Economy: Carrying the weight of uncertainty in a high-pressure environment
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Economic recovery driven by reopening and pent-up demand to end soon; no signs trade is improving
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Gobal: Mounting pressure from Middle East tensions, with looming tariff risks complicating the outlook.
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Increasing vulnerability and risks
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Falling interest rates have helped to ease financial conditions in advanced economies since mid-2019
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