Business Standard

World Coronavirus Dispatch: Oil market emerges from the depths of pandemic

Vaccine-driven spike in Indonesia's wealthy set likely, foes turn friends in pharma world, WHO reports 20% drop in worldwide deaths and other pandemic-related news across the globe

crude oil prices
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On the back of vaccination hopes, oil market is fast emerging from the depths of the pandemic.

Akash Podishetty Hyderabad
Indonesia to see sharpest surge in wealthy people

Fuelled by the vaccination-based recovery, Indonesia is set to see a 67 per cent growth surge in the number of people becoming high net worth individuals over the period of five years through 2025, according to a Knight-Frank report. Indonesia's surge comfortably beats China, which is seventh on the list with an expected 46 per cent rise in the wealthy. India takes the second spot with a projected annual growth rate of 63 per cent over the next five years. Poland, Sweden, France and New Zealand take up third through sixth spots. Victoria

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