Knoema’s Data on Snowflake

Article about the post-COVID global economy alongside the latest outlook from the IMF Greetings {NAME}, Crises like those created from the coronavirus pandemic show how strongly the world economies are interconnected. With this knowledge, it is apparent that forecasting with complex cross-sectoral modeling becomes a necessity. In today's newsletter, we feature an article about the post-COVID global economy based on the latest modeling results from QuERI. Consider the QuERI outlook alongside IMF’s latest World Economic Outlook, also featured in this week’s newsletter. Enjoy the read! Get involved! Send us your feedback at DataDriven@knoema.com. From the Headlines - The [5G era]( is gaining momentum. - Knowledge4All released the full version of its [Global Knowledge Index 2020](. - Rising unemployment and food prices ignite social unrest in [Nigeria](. Alt Data+ Insights Interested in risk analysis? With [Sentifi]( data on Knoema, we share an example of risk analysis through the lens of events that could negatively impact asset valuation. [Explore more](. WallStreetBets (r/WSB) is one of the most popular forums on the web for retail investors. With over 1.65 million followers, this community may have an impact on some of the rising shares. Check out the [correlation]( stock prices and mentions on r/WSB, based on [Quiver Quantitative]( data. [42matters]( analyzed app download statistics from the Apple App Store and Google Play Store and confirmed the extreme popularity of video conferencing apps. In March 2020, video conferencing apps saw a record [58 million downloads](. New Data at Knoema [IMF](. In the latest [World Economic Outlook, January 2021]( the IMF sounded a more upbeat note on the global economy as the COVID-19 vaccinations rolled out across the world. The global economy is expected to grow 5.5% (5.2% in the [previous outlook]( in 2021 and 4.2% in 2022. On the emerging markets front, India is expected to expand at 11.5% this year, the only major world economy to register double-digit growth, while China is set to grow at 8.1%. [BEA](. US GDP declined at [3.5%]( in 2020, marking the steepest drop since World War II. The economy officially fell into a recession in February 2020 a month before the WHO declared COVID-19 a pandemic. However, the economy grew at a 4% annualized pace in Q4 led by growth in exports, nonresidential fixed investment, consumer spending, residential investment, and inventories. [Transparency International](. The Corruption Perceptions Index 2020, which ranks 180 countries, revealed most of the countries made little to no progress in tackling corruption, with two-thirds of the countries scoring below average. Among the corruption free countries, [Denmark and New Zealand]( first and second respectively with scores of 88 each. On the other hand, South Sudan and Somalia were ranked lowest at 180th and 179th respectively. Knoema Insights Blog The nature of the COVID-19 disruption is utterly unique: some sectors of the economy are closed down or severely restricted while others are left to work as they see fit. And let’s not forget how interlinked economies have become in recent decades. Consider stimulus packages, world GDP growth, monetary and fiscal policies in the post-COVID world, wages and labor productivity, and forecasts of economic other drivers in [our latest blog, based on recent modeling and analysis from QuERI](. Interested in what Knoema can do for your organization? [Get on a call]( Insights Around the Web [EIA](. Responses to the coronavirus disease caused global demand for petroleum products to fall significantly in 2020. The US Energy Information Administration estimates that the world consumed 92.2 million barrels per day of petroleum and other liquid fuels in 2020, a 9% decline from 2019, and the largest decline in EIA’s data series that dates back to 1980. [EIU]( Due to production hurdles and high costs associated with mass immunization programs, more than 85 poor countries will lack widespread access to coronavirus vaccines until 2023. [ICC](. A new study has found that the global economy stands to lose as much as $9.2 trillion through COVID-19 vaccine nationalism. [MINING.COM](. If Tesla reaches annual production of 20 million cars per year it will consume more than 30% of current global nickel production, almost 60% of global cobalt production, over 90% of global graphite production, and 165% of global lithium production. [Financial Times](. Equipment shortages, port delays, and lack of capacity have elevated ocean freight prices worldwide. The cost of shipping goods from China to Europe has increased the most - from about $2,000 per a 40-foot container in November 2019 to more than $9,000 in January 2021. Stay well. Charles Poliacof CEO, Knoema [knoema.com]( [Twitter]( [Facebook]( [Website]( Copyright © 2021 Knoema. All rights reserved. You are receiving this email because you are a registered Knoema user. Our mailing address is: Knoema 31 East 32nd Street 4th FloorNew York, NY 10016 [Add us to your address book]( Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](.