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TUNIS (Reuters) -Tunisia's president dismissed the government and froze parliament on Sunday in a dramatic escalation of a political crisis that his opponents labelled a coup, calling their own supporters to come onto the streets in protest.
IF central banks’ policies of zero interest rates and trillions of dollars of bond buying struggled to lift growth and inflation for over a decade, tighter monetary policy may be equally inefficient in reining them in.
GENEVA (Bernama): Vaccine inequity is the biggest obstacle to ending the global coronavirus pandemic, says WHO Director-General Tedros Adhanom Ghebreyesus.
WASHINGTON: Countries need to consider undertaking “difficult reforms” across product, labour, and financial markets to fill the estimated US$15 trillion (RM63.6 trillion) global output gap caused by the Covid-19 crisis, according to a top International Monetary Fund (IMF) official.
SYDNEY and KUALA LUMPUR, July 14 - ‘No one is protected from the global pandemic until everyone is’ has become a popular mantra. But vaccine apartheid worldwide, due to rich countries’ policies, has made COVID-19 a developing country pandemic, delaying its end and global economic recovery.
Opportunities for collaboration in the Asia-Pacific region as well as economic and health responses to accelerate recovery from the Covid-19 pandemic are set to be among the main focus of discussions between the leaders.
BLACKROCK Inc chief executive officer Larry Fink told global leaders the World Bank and International Monetary Fund (IMF) are outdated and require a total overhaul if they’re to marshal the trillions of US dollars in investment needed to bring sustainability to the developing world.
VENICE: BlackRock Chief Executive Larry Fink on Sunday called for governments to develop a stronger long-term climate finance plan to unlock the private capital needed to fund the transition to a low-carbon economy.
VENICE, Italy: An upsurge in new coronavirus variants and poor access to vaccines in developing countries threaten the global economic recovery, finance ministers of the world's 20 largest economies warned on Saturday.