Uncertainty in global economic scenario due to covid’s new form ‘Omicron’: Moody’s


Rating agency Moody’s believes that due to the new form of corona virus, Omicron has again created uncertainty in the global economic scenario, but it is too early to guess about its potential risk.

Moody’s Analytics said in a commentary on the Omicron pattern on Monday that the new version of the virus is said to be spreading very fast, but much will depend on how fast it spreads and how many people are hospitalized. need to be admitted to the hospital and how many infected people die from it?

According to Moody’s, ‘The omicron nature of Kovid-19 has created a new kind of uncertainty in the scenario of the global economy. However, it is too early to assess the risk associated with it properly.


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