Painting a picture of some 789 million people across the developing world without access to electricity – three-quarters of whom live in sub-Saharan Africa – the top UN official called it “both an injustice and an impediment to sustainable development”.

Coronavirus spurred changes to global workforce to be permanent

Jan 12, 2021

The International Labour Organization (ILO) has estimated that the impact of huge job losses worldwide is creating a fiscal gap that threatens to increase inequality between richer and poorer countries.

The ILO estimated that global labour income declined by 10.7 per cent, or $3.5 trillion, in the first three quarters of 2020, compared with the same period in 2019, excluding government income support.

China, Vietnam shown there is way of dealing with pandemic even in absence of vaccine: IMF

Jan 11, 2021

“I think China, but not only China, but other countries in Asia, look, for example, at Vietnam, have shown that there’s a way of dealing with a pandemic even in the absence of a vaccine, that will allow the economy to get back, at least close to normal operating capacity by learning how to deal with local outbreaks,” Berger told reporters during a conference call.

Aon launches fuel price insurance product for shipping and aviation industries

Jan 11, 2021

Backed by AAA-rated credit insurance, the coverage will be activated if the cost of fuel rises and exceeds an agreed limit. The policy will cover the difference between the agreed price and the higher price, paid out monthly, to help companies manage their fuel cost exposure and avoid significant spikes in market price.

« Older Entries

Next Entries »

Briefs