Lukashenko, in power for over 26 years, declared to the 2,700 delegates present on Thursday that they would be able to draft constitutional reforms. The opposition has branded it a sham.
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Economic Diplomacy in times of Pandemic
By Eugene Matos de Lara LISTEN
JAN 28, 2021
The coronavirus presents Germany s most significant challenge in its postwar history; Chancellor Angela Merkel told viewers across the German nation. COVID triggered the most profound economic recession in nearly a century, threatening almost every fundamental aspect of our societies. The IMF estimates our global economy went down by 4.4% in 2020, the worst decline since the Great Depression. The only major economy to grow in 2020 was China of 2.3%.
The immediate outlook on the pandemic s impact has made us think on how governments have dealt with prospects for economic growth. Most forecasts envision a 5 per cent contraction in global GDP, despite the outstanding efforts of governments to counter the economic spiral with fiscal and monetary policy support and even austerity. During the COVID-19 crisis peak, EU leaders regularly met via e-conferences to discuss and assess the situation and co