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May 12, 2021
Daily Times ‘Economic recovery ‘under threat’ amid surging coronavirus’ WESP points out ‘inadequate’ vaccination in many countries; says China, US on recovery path; South Asia remains fragile, uncertain May 12, 2021 NEW YORK – While the global growth outlook has improved, led by robust rebound in China and the United States, surging coronavirus infections and inadequate vaccination progress in many countries threaten a broad-based recovery of the world economy, according to the...
May 12, 2021
State of the Global Economy State of the Global Economy Earlier in January 2020, the United Nations in its 2020 World Economic Situation Report warned that the climate crisis, as well as persistently high inequalities, and rising levels of food insecurity and undernourishment, are affecting the quality of life in many societies and fueling discontent. The UN economic experts behind the report were unequivocal in their call for “massive adjustments” to the energy sector, which is currently r...
May 12, 2021
2021-05-12 04:45:19 GMT2021-05-12 12:45:19(Beijing Time) Xinhua English People visit Universal Studios Hollywood during a preview in Los Angeles, California, the United States, on April 15, 2021. (Xinhua) UNITED NATIONS, May 11 (Xinhua) -- A UN report has revised up the world economic growth as a result of robust rebounds in China and the United States, but warned against fragilities in other economies in the context of COVID-19. In its mid-year update of its World Economic Situati...
May 11, 2021
India Projected to Grow at 10.1% in 2022 but Outlook for 2021 Highly Fragile: UN News18 3 days ago News18 © Provided by News18 India Projected to Grow at 10.1% in 2022 but Outlook for 2021 Highly Fragile: UN India is forecast to grow at 10.1 per cent in 2022, becoming the fastest growing major economy in the world, the United Nations said on Tuesday, but cautioned that the growth outlook of 2021 was “highly fragile” as the country was the “new hotbed of the pandemic.�...
May 11, 2021
>> Thomson Reuters Foundation Published: 11 May 2021 10:47 PM BdST Updated: 11 May 2021 10:47 PM BdST Commuters wear face masks as they wait on a platform of the main train station Hauptbahnhof, as the spread of the coronavirus disease (COVID-19) continues, in Berlin, Germany, October 16, 2020. REUTERS The world economy will fare better this year than previous projections indicated, but a slow roll-out of COVID-19 vaccines in many developing countries will hamper their economic recoverie...
May 11, 2021
3 Min Read NEW YORK (Thomson Reuters Foundation) - The world economy will fare better this year than previous projections indicated, but a slow roll-out of COVID-19 vaccines in many developing countries will hamper their economic recoveries, the United Nations said on Tuesday. Global economic growth is expected to reach 5.4% this year, bouncing back from 2020’s contraction of 3.6% and picking up from forecasts issued in January, according to the latest World Economic Situation and Prospects r...
May 11, 2021
India is forecast to grow at 10.1 per cent in 2022, the United Nations said. (Representational) United Nations: India is forecast to grow at 10.1 per cent in 2022, becoming the fastest growing major economy in the world, the United Nations said on Tuesday, but cautioned that the growth outlook of 2021 was "highly fragile" as the country was the "new hotbed of the pandemic." The United Nations, in its mid-year update of the World Economic Situation and Prospects (WESP) which was first released ...
May 11, 2021
The United Nations Although the outlook for global growth has improved, the ongoing impacts of the COVID-19 pandemic, as well as inadequate progress on vaccination in poorer countries, are putting recovery at risk, according to the latest UN economic forecast, published on Tuesday. The World Economic Situation and Prospects (WESP) mid-year report warned widening inequality is threatening global growth, projected at 5.4 per cent this year. Vaccine access critical “Vaccine inequity between cou...
April 20, 2021
"For Australia that expectation is going to weigh heavily," he told SBS news. "Were going to come under mounting pressure at this summit and all the summits thereafter until we agree to act on climate change." Australia remains an outlier among international allies who have formally backed the target of net-zero emissions by 2050, including the Biden administration, the United Kingdom, Japan and South Korea. In a speech overnight, Prime Minister Scott Morrison appeared to inch closer to commi...
March 13, 2021
New report details indigenous struggle for land rights March 13, 2021 The Wayúu people are indigenous to Colombia. — courtesy WHO/PAHO/Karen González Abril NEW YORK— Although the world’s indigenous peoples live in areas that contain around 80 percent of the planet’s biodiversity, many still struggle to maintain their legal rights to lands, territories and resources, according to a new UN report published on Friday. The latest edition of ...