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World lost equivalent of 255 mn jobs in 2020: UN | Bangladesh Sangbad Sangstha (BSS)
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World Economic Forum: China’s Xi Jinping warns global community against starting ‘new cold war’ The Chinese president s comments come in the backdrop of Joe Biden s recent plans to revitalise global alliances to counter China s growing influence This video grab taken on January 25, 2021, from the website of the World Economic Forum shows China s President Xi Jinping speaking from Beijing as he opens an all-virtual World Economic Forum. AP
Paris: Chinese President Xi Jinping warned global leaders at an all-virtual Davos forum Monday against starting a new Cold War while he championed multilateralism.
Representing the only major economy to record economic growth last year, Xi presented himself as the defender of multilateralism, as he did at the same forum four years ago when Donald Trump was about to assume the US presidency.
Tuesday, 26 Jan 2021 06:33 PM MYT
This video grab taken January 25, 2021, from the website of the World Economic Forum shows China’s President Xi Jinping speaking from Beijing as he opens an all-virtual World Economic Forum, which usually takes place in Davos, Switzerland. World Economic Forum (WEF) handout pic via AFP
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PARIS, Jan 26 Chinese President Xi Jinping warned global leaders at an all-virtual Davos forum yesterday against starting a “new Cold War” while he championed multilateralism.
Representing the only major economy to record economic growth last year, Xi presented himself as the defender of multilateralism, as he did at the same forum four years ago when Donald Trump was about to assume the US presidency.
World shed equivalent of 255 million jobs in 2020, United Nations said.
Geneva, Switzerland:
The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said Monday, with the equivalent of more than a quarter of a billion lost.
In a fresh study, the UN s International Labour Organization (ILO) found that a full 8.8 percent of global working hours were lost in 2020, compared to the fourth quarter of 2019.
That is equivalent to 255 million full-time jobs, or approximately four times greater than the number lost during the 2009 global financial crisis, the ILO said in a statement. This has been the most severe crisis for the world of work since the Great Depression of the 1930s, ILO chief Guy Ryder told reporters in a virtual briefing.
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