The International Monetary Fund (IMF) on Friday approved a package of 548 million euros in special drawing rights that will go to developing countries whose economic recovery and vaccination plan are lagging behind the world average
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"Rise in infections undermines 'Rating' analysis in Africa" - Fitch Ratings
The financial rating agency Fitch Ratings said a few days ago that the increase in covid-19 infections in Africa undermines the analysis of the continent from a sovereign credit quality point of view until at least 2022
California records highest temperature on the planet
The desert area known as Death Valley in California, USA, has been breaking temperature records with an extreme heat wave. This Sunday, thermometers recorded the highest temperature on the planet
IMF Reiterates Need for G20 Aid to the Poorest Countries
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, on Wednesday urged G20 countries to act quickly to help the poorest countries facing "a devastating double shock" caused by the pandemic
African Union has 15 million vaccines ready for distribution
The African Union and its Centers for Disease Control and Prevention (Africa CDC) are telling the continent's finance ministers that they have 15 million covid-19 vaccines ready for distribution
Jacob Zuma says he will not report for arrest
Former South African President Jacob Zuma on Monday ruled out the possibility of surrendering to the authorities, with a few hours left before the deadline set by the court for him to appear
Organizations warn that pandemic hindered the goal of eradicating hunger by 2030
The United Nations and the OECD warned on Monday that the goal of eradicating world hunger by 2030, one of the major sustainable development goals set by the UN, is unlikely to be achieved due to the effects of the current pandemic
World Bank Makes 4 Billion More Available for Vaccination in Africa
The World Bank announced Thursday that it will provide $4 billion to more than 50 developing countries, half of them in Africa, for the distribution of covid-19 vaccines
Number of millionaires grows 6.3% worldwide. How does it look for the wealth managers?
Capgemini's World Wealth Report (WWR) 2021 shows that the number of millionaires (or high-net-worth individuals|HNWI) increased by 6.3% worldwide
Lusophone countries exported 3.8% less to Macau until May
Portuguese-speaking countries exported 3.8% less to Macau in the first five months of the year, compared to the same period in 2020, the Statistics and Census Bureau announced Tuesday
Jacob Zuma sentenced to 15 months in prison for contempt of court
South Africa's Constitutional Court on Tuesday sentenced former President Jacob Zuma to 15 months in prison for refusing to appear before an anti-corruption commission
World Bank raises china's economic growth outlook to 8.51TP2Q
The World Bank on Tuesday raised its forecast for Chinese economic growth this year from 8.1% to 8.5% and said a full recovery requires progress on vaccination against the new coronavirus