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IMF Blog: Seizing the Opportunity for a Pro-Growth, Post-Pandemic World

Since March 2020, governments have spent $16 trillion providing fiscal support amid the pandemic, and global central banks have increased their balance sheets by a combined $7.5 trillion. Deficits are the highest they have been since World War II and

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World Bank Blogs – The global recovery is bypassing the poorest countries

The global economy is booming—or so it might seem. Global growth is surging again, only a year after COVID-19 triggered the deepest recession since World War II.  This year is likely to mark the strongest post-recession rebound in 80 years: global GDP

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WHO: COVID-19 pandemic leads to major backsliding on childhood vaccinations, new WHO, UNICEF data shows

23 million children missed out on basic childhood vaccines through routine health services in 2020, the highest number since 2009 and 3.7 million more than in 2019. 23 million children missed out on basic vaccines through routine immunization services in

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UN News: COVID death toll passes 4 million: Global Vaccine Plan essential, declares Guterres

The global death toll due to COVID-19 officially passed four million late on Wednesday, marking yet another “grim milestone” and underlining the urgent need for the world to put a Global Vaccine Plan in place to get the pandemic under

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WHO recommends life-saving interleukin-6 receptor blockers for COVID-19 and urges producers to join efforts to rapidly increase access

The World Health Organization (WHO) has updated its patient care guidelines to include interleukin-6 receptor blockers, a class of medicines that are lifesaving in patients who are severely or critically ill with COVID-19, especially when administered alongside corticosteroids. These were

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European Commission: Summer 2021 Economic Forecast: Reopening fuels recovery

The European economy is forecast to rebound faster than previously expected, as activity in the first quarter of the year exceeded expectations and the improved health situation prompted a swifter easing of pandemic control restrictions in the second quarter. Faster

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IMF Blog: Urgent Action Needed to Address a Worsening ‘Two-Track’ Recovery

By Kristalina Georgieva When G-20 finance ministers and central bank governors gather in Venice this week, they can take inspiration from the city’s unbreakable spirit. As the world’s first international financial center, Venice has faced the vagaries of economic fortunes over

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WTO report: Trade policy restraint prevented destructive acceleration of protectionism

Trade policy restraint by G20 economies, as well as WTO members more broadly, prevented a destructive acceleration of protectionist trade measures that would have further hurt the world economy, according to the WTO’s latest Trade Monitoring Report. But WTO Director-General

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European Council conclusions on COVID-19 and migration, 24 June 2021

I. COVID-19 1. The European Council welcomes the good progress on vaccination and the overall improvement in the epidemiological situation, while stressing the need to continue vaccination efforts and to be vigilant and coordinated with regard to developments, particularly the

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European Commission: COVID-19 Therapeutics Strategy: Commission identifies five promising candidate therapeutics

The EU Strategy on COVID-19 Therapeutics delivers today its first outcome, with the announcement of the first portfolio of five therapeutics that could soon be available to treat patients across the EU. Four of these therapeutics are monoclonal antibodies under

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