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Economic news


WASHINGTON – The recovery of the East Asia and Pacific region has been compromised by the spread of the delta variant of COVID-19, the World Bank said on Monday, calling for a comprehensive strategy to contain COVID -19 and stimulate inclusive growth. Economic activity started to slow in the second quarter of 2021, and growth …

TOKYO – Japan must build a resilient economy by finding methods to fight COVID-19 infections and promote economic activities simultaneously, and by implementing reform measures to improve the business environment, book says government white. Local media reported on Friday that the Japanese government’s white paper on the economy and finance for fiscal 2021 underlined the …

Against all odds, theme parks are thriving in China, thanks to rising disposable income, investor confidence and long-term opportunities. On September 1, Universal Beijing Resort, the largest of its kind in the world, will begin its trial. From 2008 to 2017, total theme park attendance increased by 13% per year. Today, there are more than …

First appearance at Policy Center for the New South, September 8, 2021 The report of the United Nations Intergovernmental Panel on Climate Change (IPCC), released in early August, left no room for doubt. He estimates that accelerating the pace of global containment of carbon emissions will be necessary if expected increases in global average temperatures …

SANTIAGO – The Latin America and the Caribbean region will experience economic growth of 5.9% in 2021 amid a pandemic that has exacerbated long-standing structural problems in the region, said the United Nations Economic Commission for Latin America and the Caribbean. In its report entitled “Economic Survey of Latin America and the Caribbean 2021: Labor …

(MENAFN- Baystreet.ca) China mixed on economic news Advertising Stocks in Asia-Pacific were mixed on Tuesday, as data showed slower growth in Chinese factory activity in August.The Nikkei 225 climbed 300.25 points, or 1.1%, to 28,089.54. The Japanese yen was trading at 109.84 per dollar, lower than the levels below 109.8 seen against the greenback yesterday.In …

The world woke up on Monday 23 with higher international reserves for all countries. A new allocation of US $ 650 billion (SDR 450 billion) in Special Drawing Rights (SDRs) by the International Monetary Fund (IMF) to its member countries has come into effect. SDRs are an international reserve asset created by the IMF and …

The rapidly evolving situation in Afghanistan must be added to the growing list of global issues for investors to watch as stock markets digest the Taliban’s return to power, warns the CEO of one of the largest independent organizations in global financial, asset management and fintech consultancy. . The warning from Nigel Green, chief executive …

Lately we’ve been hearing a lot about America’s billionaires who have increased their wealth by over $ 1 trillion in the past year as Covid precipitated the economy’s deepest recession since the 1930s. actual over the past year – as of the spring quarter of 2020 last year. until the spring term of 2021. During …

The tenth edition of the International Monetary Fund External Sector Report (ESR, August 2021) shows how the current account deficits of the global economy widened in 2020 during the pandemic. On the flip side, the ESR also argues that, overall, the misalignment between fundamentals and current account balances has not been exacerbated. The pandemic has …