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Coronavirus, Climate and China Top Joe Biden's Economic To-Do List - Vimarsana News

Coronavirus, Climate and China Top Joe Biden's Economic To-Do List

Coronavirus, Climate and China Top Joe Biden’s Economic To-Do List Tim Smart © (Scott Heins/Getty Images) NEW YORK, NY - DECEMBER 24: With Christmas only one day away, people shop at stores in Midtown, Manhattan on December 24, 2020 in New York City. Despite persisting social distancing recommendations and many turning to online retailers, large crowds filled the streets of New York City's commercial districts Thursday. (Photo by Scott Heins/Getty Images) Joe Biden took the oath of office as the 46th president of the United States exactly one year after the coronavirus wa...

Source: msn.com
IMF Head Kristalina Georgieva: Forecasts for Global Economy Are Grim - Novinite.com - Vimarsana News

IMF Head Kristalina Georgieva: Forecasts for Global Economy Are Grim - Novinite.com

The head of the International Monetary Fund has warned that the Speaking at the Peterson Institute of International Economics in Washington, Kristalina Georgieva said new IMF research, which compares the current economy to the “roaring 1920s” that culminated in the great market crash of 1929, revealed that a similar trend was already under way. While the inequality gap between countries had closed in the last two decades, it had increased within countries, she said, singling out the UK for particular criticism. “In the UK, for example, the top 10% now control nearly as much wealth ...