2020 and beyond - the good, bad and ugly

The good scenario is that the incoming Biden (pic) administration will heal America, rebuild the multilateral order, growth will recover in 2021, global trade tensions are reduced, and continued trade will bring better cooperation amongst the great powers.

THIS year must be one of the toughest in living memory. In one year, more than 300,000 people died from coronavirus in the United States, more than the number killed in four years of her involvement in the Second World War.

World growth is down between 5% and 7% and many millions are struggling with their health, jobs and livelihood. Many more millions have been driven below the poverty line.