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OECD-Covid-19 is causing activity to collapse and unemployment to soar

London, July 24 (HNA) – As the effects of the pandemic and containment measures hit OECD economies, millions of people have been unable to go to work, resulting in an…

WTO/Azevêdo: We’ve achieved a lot, but much remains to be done

London, July 24 (HNA) – In his farewell remarks to the General Council, Director-General Roberto Azevêdo reflected on the achievements secured during his seven years at the helm of the…

IMF Board increases access limits to financial support

London, July 22 (HNA) – The Executive Board of the International Monetary Fund (IMF) approved a temporary increase in the annual limits on overall access to resources in the General…

Bitcoin price down from two-week highs as China tensions spook markets

London, July 22 (HNA) – Bitcoin was fighting to preserve gains after hitting $9,400 on July 22, as fresh macro tensions appeared to put a strain on bulls, Modern Consensus…

EU to support implementation of reforms for a sustainable recovery

London, July 22 (HNA) – As part of its measures to foster the recovery from the Covid-19 crisis, the EU will support member states’ reform efforts to stimulate growth and…

Karliczek: Making Europe emerge from the crisis stronger through research and innovation

London, July 22 (HNA) – During the first informal meeting under Germany’s Council Presidency, EU Research Ministers plan ambitious programme ranging from green hydrogen to pandemic recovery strategies At a…

Liechtenstein donates CHF40,000 to help developing countries expand trading capacities

London, July 22 (HNA) – Liechtenstein has contributed CHF 40,000 in 2020 to assist developing countries and least-developed countries (LDCs) in enhancing their trading capacities. This donation will finance training…

IMF: Pandemic threatens women’s economic opportunities

Washington, July 21 (HNA) – The Covid-19 pandemic threatens to roll back gains in women’s economic opportunities, widening gender gaps that persist despite 30 years of progress, according to the…

WTO/Azevêdo: Decisions made at the WTO will matter for recovery

London, July 21 (HNA) – The World Trade Organization (WTO) Director-General Roberto Azevêdo emphasized that “keeping markets broadly open to trade” would help build “a post-Covid economic recovery that is…