What the Omicron variant means for the world economy
Look to China for the likeliest source of a growth slowdown. More time, and research, is needed to determine "whether the 35 mutations on Omicron's spike protein help make it more infectious or lethal than the dominant Delta strain" but governments worldwide are taking preventive actions, imposing lockdowns and new travel restrictions. The Economist here ponders on how these measures could significantly contribute to higher inflation and further economics setbacks.
From The Economist