0:23 - Short term indicators point to a strong recovery and only temporary headwinds0:55 - Inflation is temporary considering that2:10 - Monetary policies3:33 - Strong recovery... but already stabilizing5:20 - Structural factors are not positive6:45 - Geopolitical tensions10:09 - China slowdown12:12 - What to expect for trade: Recovery has varied per region and still depends on the pandemic12:50 - Asia is a major driver in 2021, commodity exporters will catch up in 2022 but it will not offset the global slowdown13:29 - Most sectors recovered except textile but growth is slowing down14:02 - Conclusion