{"id":44270,"date":"2021-12-21T22:04:00","date_gmt":"2021-12-21T22:04:00","guid":{"rendered":"https:\/\/southafricatribune.com\/?p=44270"},"modified":"2021-12-21T22:04:00","modified_gmt":"2021-12-21T22:04:00","slug":"global-economic-growth-drops-below-1-in-omicron-led-slowdown","status":"publish","type":"post","link":"https:\/\/southafricatribune.com\/global-economic-growth-drops-below-1-in-omicron-led-slowdown\/","title":{"rendered":"Global Economic Growth Drops Below 1% in Omicron-Led Slowdown"},"content":{"rendered":"<div style=\"width: 75px;height: 75px;border-radius: 50%;background: url(https:\/\/nordot-res.cloudinary.com\/c_limit,w_200,h_200,f_auto,q_auto:eco\/ch\/units\/840710052963713024\/profile_1.png);background-position: center;background-size: cover;vertical-align: middle\"><\/div>\n<div style=\"margin-left: 5px;font-size: 14px;font-weight: bold;vertical-align: middle\">Published by <br \/>The Street<\/div>\n<div style=\"margin-top: 10px\"><\/div>\n<p>By Vidhi Choudhary European Union might be at higher risk of an economic fallout caused by the spread of omicron. The pace of the global economic recovery dropped below 1% in the quarter ending in December, a sharp 50% decline from the previous quarter, as the fast-spreading omicron variant arrived, according to a news report by Bloomberg. The world economy grew 0.7% in the October to December quarter, with the U.S. economy expanding marginally faster at 1.2% as 2021 draws to a close. Arch rival China&#8217;s economy grew 4.5% this quarter, but slower than the 4.9% forecast earlier. In the new world&#8230;<!--more--><\/p>\n<p><a class=\"nordot-read-more \" target=\"_blank\" href=\"https:\/\/nordot.app\/846146364007120896?c=819177386184916992\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Published by The Street By Vidhi Choudhary European Union might be at higher risk of an economic fallout caused by the spread of omicron. The pace of the global economic recovery dropped below 1% in the quarter ending in December, a sharp 50% decline from the previous quarter, as the fast-spreading omicron variant arrived, according &#8230; <a title=\"Global Economic Growth Drops Below 1% in Omicron-Led Slowdown\" class=\"read-more\" href=\"https:\/\/southafricatribune.com\/global-economic-growth-drops-below-1-in-omicron-led-slowdown\/\" aria-label=\"Read more about Global Economic Growth Drops Below 1% in Omicron-Led Slowdown\">Read more<\/a><\/p>\n","protected":false},"author":0,"featured_media":44272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Global Economic Growth Drops Below 1% in Omicron-Led Slowdown - South Africa Tribune<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southafricatribune.com\/global-economic-growth-drops-below-1-in-omicron-led-slowdown\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Economic Growth Drops Below 1% in Omicron-Led Slowdown - South Africa Tribune\" \/>\n<meta property=\"og:description\" content=\"Published by The Street By Vidhi Choudhary European Union might be at higher risk of an economic fallout caused by the spread of omicron. The pace of the global economic recovery dropped below 1% in the quarter ending in December, a sharp 50% decline from the previous quarter, as the fast-spreading omicron variant arrived, according ... 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