“In my view, we’ve already waited too long to deal with this climate crisis,” Biden told a White House ceremony, noting the threats the nation faces from intensifying storms, wildfires, floods and droughts linked to climate change as well as air pollution from burning fossil fuels. “It’s time to act.”

Toyota overtakes Volkswagen as top-selling global auto maker

Jan 28, 2021

Toyota said it had sold 9.53 million vehicles around the world last year, overtaking the 9.3 million sales made by its German rival.

The Japanese giant took the lead despite a decline in global sales of more than 10 percent as the auto industry suffered the effects of the coronavirus pandemic.

MS Amlin Underwriting appoints Chief Risk Officer and Chief Actuary

Jan 28, 2021

Desai, who will report into Johan Slabbert, CEO of MS AUL, brings over 18 years’ general insurance industry experience, both in the U.K and internationally from UBS, PwC and Hiscox.
Scullion will take up the newly created role of Chief Actuary in April and will report to Phil Green, CFO of MS AUL. She joins from Lloyd’s of London, where she has worked since 2015 and held the position of Head of Capital since 2018.

Global public debt likely to touch 98 pc of GDP in 2020 amid COVID crisis: IMF

Jan 28, 2021

Noting that global public debt is projected to edge up further from 98 per cent of GDP in 2020 to almost 100 per cent of GDP in 2021 driven by advanced and emerging market economies, Paolo Mauro, Deputy Director of the Fiscal Affairs Department at IMF said, with the pandemic still out of control and economies growing below potential, additional fiscal support will be necessary in 2021, to protect livelihoods.

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