A series of restrictions, including a lockdown in Austria, is expected to put a brake on economic growth. From: New York Times
Demonstrations started with pickets of at a hospital on the main island, a French overseas department, and grew violent over the weekend. Protesters burned cars, looted businesses and clashed with riot police. From: New York Times
U.S. officials said the virtual summit on Monday was intended to reassure both sides that misunderstandings would not lead to unintended clashes. From: New York Times
from: BBC News The economy grew by 1.3% between July and September, with supply chain problems hitting businesses.
Afghanistan’s economic turmoil will fuel a refugee crisis impacting nearby countries, the fund warned. from: BBC News
The fund cuts its outlook for advanced economies this year, but says poorer nations are most at risk. from: BBC News
San Juan – “Aware that everything concerning human dignity, its care, its support and its development, requires to be enlightened by the truth of faith”, the Bishops of Puerto Rico denounce, as Pastors of people of God, the vulnerability that the country experiences, caused by the prolonged economic crisis that began fifteen years ago, aggravated… Leggi tutto »
The Covid pandemic will not be a one-off, with climate chaos already a reality, says Frances O’Grady.
The billionaire Najib Mikati’s new cabinet is Lebanon’s first empowered government in more than a year. It faces the immediate challenge of a collapsing economy. From: New York Times
The UK economy grew just 0.1% in July as the last Covid restrictions were lifted in England.
The continent’s second-largest river is drying up amid the biggest drought in 70 years, upending ecosystems, trade and livelihoods. From: New York Times
Strong results compared with last year’s performance mask lingering weaknesses that could hold back needed job creation. From: New York Times
The Taliban will be under pressure to keep a fragile economy afloat. From: New York Times
The small Mediterranean country is in the throes of a financial crisis that the World Bank has said could rank among the world’s worst since the mid-1800s. From: New York Times
Boris Johnson still warns of “bumps on the road” ahead as the IMF predicts 7% growth for the UK economy.
Wealth gap between countries could widen due to differing access to Covid vaccines, the IMF says.
The gap between the rich and poor countries will widen as the United States and other advanced economies will expand faster than expected, according to new projections. From: New York Times
Mbabane – Violence continues in the small Southern African state of eSwatini. The murder of Thabani Nkomonye, a young law student, at the hands of the police last May, sparked protests from thousands of citizens a few weeks ago. But beyond this sad episode, it is the harshness of the regime to which the population… Leggi tutto »