S.Korea Q4 GDP beats expectations, sets scene for strong 2021
26 Janvier, 2021, 21:24 | Auteur: Auguste Feret
South Korea's booming technology exports and optimism over its plans to roll out the coronavirus vaccine fueled growth expectations for 2021 after the country beat forecasts in the fourth quarter. That figure was down from 2.1% in the third quarter, but ahead of most economists' expectations.
South Korea is one of Australia's top five export destinations with products dominated by iron ore, copper, coal and meat and some grains.
South Korea has shown signs of recovery from the virus downturn and the central bank in November forecast the economy to grow 3% in 2021.
In the fourth quarter of past year, South Korea's economy - the world's 12th-largest - grew 1.1 percent from the previous quarter, data showed, marking a second consecutive quarter of growth amid the pandemic. It has also raised concerns about rising inequalities, as young, temporary and casual workers are hit hard by the recession and soaring house prices.
The preliminary Bank of Korea data on Tuesday said the 1% contraction over 2020 as a whole was the weakest annual performance since 1998 when the Asian financial crisis was at its peak. The country's exposure to China, which accounts for about a quarter of South Korea's exports, has also contributed to the return to growth.
Lotus to kill off Elise, Exige and Evora models
The Type 131 is part of a refresh of the company's range of cars with what Lotus described as a "new generation" of vehicles. Lotus says that when production of the trio ceases, a combined total of more than 55,000 will have been built.
Beyond surging demand for high-tech exports, Seoul's initial coronavirus response, which saw the rapid deployment of mass testing and high-tech contact tracing, helped soften the blow from manufacturing supply chain disruption and falling domestic consumption.
GDP slowed to a 1.1% quarter on quarter rate in the three months to December, down sharply from the 2.1% rate reported for the September quarter.
"We continue to expect the Korean economy to grow by around 5% in 2021. This would push GDP to less than 1.5 per cent below its pre-crisis path by the end of the year, among the smallest gaps in the region", Mr Holmes said. The immunization campaign will start next month; health authorities plan to achieve herd immunity in November. People over 65 will receive jabs in the second trimester.
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In this way, she insisted it was not a special treatment, as 143 other countries in the world contemplate it without exception. However, Borrell added that "we are confident that we can clear this issue with our friends in a satisfactory manner".
Le gouvernement allemand a indiqué qu'il prévoyait néanmoins de pouvoir offrir le vaccin à tous les Allemands d'ici la fin août. L'Allemagne a commandé 200 000 doses du traitement expérimental à base d'anticorps administré à Donald Trump début octobre.
L'arrivée sur le banc de son compatriote Mauricio Pochettino a rassuré Di Maria , ce qui devrait l'amener à rester au PSG . Alors que son contrat avec le PSG se termine cet été, Angel Di Maria susciterait l'intérêt d'un cador de Premier League.
The travel bubble between Australia and New Zealand had opened in October 2020, though it was a one-way arrangement. To date, that has not unearthed any new positive tests, including from 16 identified close contacts.
She continued: "I will never understand why/how this tragedy could've happened to such lovely , kind and awesome human beings". The lovely letter talked about some of the fun times Aubrey spent with Gigi , calling her "kind, caring and endlessly polite".
Conte pourra offrir de nouveaux fauteuils ministériels en monnaie d'échange, la difficulté d'élargir sa majorité reste entière. La réunion a duré environ une demi-heure, puis le Premier ministre démissionnaire est parti au Sénat.
The company said the United Kingdom's Joint Committee on Vaccination and Immunisation supported the vaccine's use in the elderly. The Pfizer vaccine is manufactured in Europe but the bulk of the AstraZeneca vaccine is manufactured in the UK.
She said: "I've got a lot going on in my head and my brain really can't shut the f*** up unless there's something else going on". I remember taking a pill that told me that it would make me lose weight and it only made me pee the bed - when I was 12.
To date, the five cases of the United Kingdom variant detected were travel-related or directly linked via a close contact. But it is important to get the second dose of the vaccine within six weeks of the initial vaccination.
Pour rappel, le Maroc a reçu, vendredi dernier, une première livraison du vaccin britannique AstraZeneca, fabriqué en Inde . Pour la réussite de cette opération, 2.880 établissements de soins de santé primaires ont été désignés.