RIAD / WASHINGTON (Reuters) – Finance officials from the Group of 20 major economies on Saturday pledged to continue to use “all available policy tools” to combat the coronavirus pandemic and strengthen the global economy, warning that the outlook remains highly uncertain . Saudi Finance Minister Mohammed al-Jadaan wears a …
Read More »UN chief criticizes myths, delusions and falsehoods about inequality | Global development
The UN Secretary-General will deliver one of his sharpest speeches to date today, attacking “myths, illusions and falsehoods” about international progress on equality. In an unusually worded speech, António Guterres called for a major overhaul of the UN security council, the International Monetary Fund and the World Bank, to address …
Read More »IMF Predicts Deeper Global Recession Due To Coronavirus Pandemic
WASHINGTON (Reuters) – The coronavirus pandemic has caused more extensive and profound damage to economic activity than previously thought, the International Monetary Fund said Wednesday, prompting the institution to further cut its global output forecasts by 2020. The IMF said it now expects 2020 global output to shrink by 4.9%, …
Read More »Exclusive: Women, Babies at Risk When COVID-19 Disrupts Health Services, World Bank Warns
LONDON (Reuters) – Millions of women and children in poor countries are at risk because the COVID-19 pandemic is disrupting the health services they depend on, from neonatal and maternity care to immunizations and contraception, a health expert warned. World Bank Global. FILE PHOTO: A doctor wearing a face shield …
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