With fewer funds to fall back on, minority-owned enterprises have struggled in the recession. To make things worse, many are in sectors that have been badly hit by lockdowns.
The world’s most advanced economies will incur half the total costs associated with a failure to vaccinate poorer nations, which could exceed $4 trillion if only half their citizens are inoculated.
It’s up to the courts to draw a line between free speech and illegal market manipulation. And the Supreme Court has never ruled on this specific question.
The lower global oil price hit Nigeria's economic mainstay. The country has seen job losses, a slowdown in production and health challenges to the workforce.
We find low taxes on the rich bring economies little benefit. This suggests there is a strong economic case for raising taxes on the rich to help repair public finances following the pandemic.
Airbnb is taking a very bold step by issuing a multi billion dollar IPO during a global economic slowdown – something that was unthinkable a few years ago.
Ngozi Okonjo-Iweala will be better able to balance policies between the advanced economies and developing ones to achieve sustainable global economic growth and development.
Over US$12 trillion of COVID-19 relief has been promised. If a small portion was put toward economy-boosting green investments, the world could get on track to avoid the worst of climate change.
After four years of the US government undoing climate change policies and partnerships, a Biden administration has a chance to rebuild that leadership. But success will require more than quick wins.
Anda Nugroho, Badan Kebijakan Fiskal, Kementerian Keuangan RI
If Indonesia can maximise its role as the hub for the production and distribution of Chinese COVID-19 vaccines for Southeast Asia region, the country may gain profits.
It was a campaign like no other, and while there were missed opportunities and lapses of judgement, the fact New Zealanders are voting in a safe and fair election is reason enough to celebrate.
The agreement marks a key milestone in strengthening bilateral financial cooperation between the world’s largest exporter, China, and Southeast Asia’s largest economy, Indonesia.