The International Monetary Fund says the global economy is coming back from the depths of the coronavirus pandemic, but this calamity is far from over. Newsflash reports that the global economic activity took an unprecedented fall in the second quarter of the year when about 85-percent of the world economy was in lockdown for several weeks. IMF’s managing director Kristalina Georgieva says risks remain high, including from rising bankruptcies and stretched valuations in financial markets.