The paradox of the last quarter has been that global equity markets, in fact all global risk assets, have been reaching higher and higher but the economies in almost all countries is healing very gradually, in some cases even affected by a third and a fourth surge of the infection. How to marry this paradox and what lies in store for 2021? To 'answer all these, CNBC-TV18’s Latha Venkatesh spoke to Ethan Harris, head of Global Economics, BofA Global Research.

Scotland is already preparing a constitutional challenge ahead of the vote to the Scottish Parliament.

Britain has been busy negotiating trade deals with several countries. The UK is hoping that trade with India could soon be worth 100 billion pounds a year. However, CNBC-TV18's Sanjay Suri reports that many hurdles to a trade deal still remain.

Gopinath told Yahoo Finance in a live interview that the US and Japanese rebounds may prompt upgrades of economic forecasts in some parts of the world. But she said the recovery in some developing countries could be delayed until 2022 by limited availability of coronavirus vaccines.