Picture used for illustrative purpose.
The US economy grew at a record pace in the third quarter as the government injected more than $3 trillion worth of pandemic relief which fueled consumer spending, but the deep scars from the COVID-19 recession could take a year or more to heal.
The economic toll of the COVID-19 pandemic in the United States will reach $14 trillion by the end of this year, our team of economists, public policy researchers and other experts estimate. That makes it by far the costliest disaster the country has suffered this century. Putting a price tag on all the pain, suffering and upheaval
The US economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the US economy will likely shrink this year,
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, on Sunday announced the launch of its Sustainable Finance Catalyst to mark COP28’s Finance Day. DIFC’s Sustainable Finance Catalyst, which will be part of
Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Alfredo E. Pascual, Secretary of Trade and Industry of the Department of Trade and Industry for the Republic of the Philippines, finalised the scope of negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between
The World Bank is working with a club of 15 finance bosses to lower the risk of investing in climate projects in emerging economies and attract private capital for cutting emissions. Ajay Banga, the World Bank’s president, said the Private Sector Investment Lab is focused on “figuring out a model of
The EEI-GCCIA COP 28 Transmission Summit, hosted by the GCCIA in Abu Dhabi Yas Island, concluded successfully, marking a momentous achievement in the pursuit of a sustainable and resilient energy future. Organized jointly by the Gulf Cooperation Council Interconnection Authority (GCCIA) and the