Tag "coronavirus"

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UN News: Bolster fragile world to emerge stronger, UN chief urges, marking Peace Day

A Japanese principle that finds beauty in broken things, should serve as guidance for today’s fractured world as we navigate out of the COVID-19 pandemic, Secretary-General António Guterres said on Thursday during the annual ceremony at UN Headquarters to mark the International

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UN News: ‘Tens of millions of Yemenis’ devastated by unabated war and COVID-19

More than five years of war have “devastated the lives of tens of millions of Yemenis”, with experts estimating that up to one million may have been affected by COVID-19, the UN chief told the General Assembly on Thursday. Secretary-General

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IMF Blog: IMF Lending During the Pandemic and Beyond

In the face of unprecedented uncertainty and the severe economic impact triggered by COVID-19, the Fund continues to adapt its lending. At the same time, it aims to ensure realistic targets, uphold the credibility of programs, and foster national ownership.

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The Twilight Zone of Fiscal Stimulus

Now in its second iteration, the corona pandemic no longer inspires the blind fear it did just six months ago. Governments are staking stock of the damage wrought and have begun exploring ways to repair economies derailed by lockdowns, social

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World Bank: Pandemic Threatens Human Capital Gains of the Past Decade, New Report Says

The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds. Investments in human capital—the knowledge, skills, and health that people accumulate over their lives—are

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IMF: Friends of Europe – In Conversation with Kristalina Georgieva on Pursuing a Green Economic Recovery

As prepared for delivery Let me first start by saying how impressive the standing of Europe is on the climate agenda and this is reflected well in the State of the Union speech that we heard today. In this crisis,

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ECB’s Governing Council says that exceptional circumstances justify leverage ratio relief

ECB’s Governing Council confirms exceptional circumstances Opinion instrumental in ECB Banking Supervision’s decision to allow banks to exclude central bank exposures from leverage ratio See also ECB Banking Supervision announcement on leverage ratio The Governing Council of the European Central

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NextGenerationEU: Commission presents next steps for €672.5 billion Recovery and Resilience Facility in 2021 Annual Sustainable Growth Strategy

The European Commission has set out strategic guidance for the implementation of the Recovery and Resilience Facility in its 2021 Annual Sustainable Growth Strategy (ASGS). The Facility is the key recovery instrument at the heart of NextGenerationEU which will help

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WTO issues report on measures to expedite access to COVID-19 critical goods, services

The WTO Secretariat has published a new information note on how WTO members have used trade measures to expedite access to critical medical goods and services as part of their responses to the COVID-19 pandemic. The note states that trade

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WHO: Keep health workers safe to keep patients safe

The World Health Organization (WHO) is calling on governments and health care leaders to address persistent threats to the health and safety of health workers and patients. “The COVID-19 pandemic has reminded all of us of the vital role health

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