An investor walks by an electronic board displaying stock prices at a brokerage house in Beijing. Photo: Associated Press
Euro zone stocks surged on Wednesday as investors piled into firms with big dividends on hopes European Central Bank chief nominee Christine Lagarde will maintain the ECB’s dovish stance, while Italian shares jumped over 2% on avoiding a EU sanction threat. The blue-chip eurozone STOXX index
The global economy is showing signs of bouncing back from the severe downturn caused by the global coronavirus pandemic, but a full recovery is “unlikely” without a vaccine, IMF chief Kristalina Georgieva said on Wednesday.
Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund in a January letter released by the IMF on Saturday as part of a review of Cairo’s three-year, $12 billion loan programme with the lender.
The statement by Nobel Prize winner Malala Yousafzai that as many as 20 million girls may never return to school even after the global COVID-19 crisis is alarming and triggers serious thinking.
Compliments to the UAE for commencing COVID-19 vaccinations (UAE starts world’s first ever COVID-19, Sept 19, Gulf Today). COVID-19 has brought the whole world to its knees.
A storm is gathering across India against three agrarian reform measures the Narendra Modi administration has pushed through Parliament. The measures were introduced through Presidential ordinances in June and July at the height of the Covid lockdown.