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Uneven post-pandemic recovery widens gap between rich and poor

Europe dominates the top rankings as development in half of the world’s poorest nations falls below pre-pandemic levels.

Three tech firms are each valued more than 90% of nations' GDPs.
Three tech firms are each valued more than 90% of nations' GDPs. (AN/Ali Arif Soydaş/Unsplash)

The poorest nations are getting further left behind as the wealthiest ones recover from the COVID-19 pandemic, a new U.N. report finds.

Almost 40% of global trade is concentrated in the richest three or four countries, while Amazon, Apple and Microsoft, the three largest technology companies in 2021, each had a stock market value greater than the GDP of more than 90% of the United Nations' 193 member nations that year, the U.N. Development Program reported on Wednesday.

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