Worldeconomicmagazine

Statement on International Day for the Elimination of Racial Discrimination

WASHINGTON, March 21, 2021—World Bank Group President David Malpass issued the following statement on behalf of the Bank Group to mark…

5 years ago

Queen thanks volunteers for helping Britain through the pandemic

LONDON (Reuters) - Queen Elizabeth has thanked the millions of people who stepped up to volunteer during the pandemic in…

5 years ago

U.S.-China high-level talks to wrap up after acrimonious opening

ANCHORAGE, Alaska (Reuters) - Senior U.S. and Chinese officials are set to conclude their talks in Alaska on Friday after…

5 years ago

U.S. Justice Department probing Visa over debit-card practices: source

(Reuters) - The U.S. Department of Justice is investigating whether Visa Inc engages in anticompetitive practices in the debit-card market,…

5 years ago

IMF economist sees only ‘transitory’ bump in inflation from U.S. stimulus

WASHINGTON (Reuters) - President Joe Biden’s $1.9 trillion U.S. stimulus plan could trigger a temporary bump in consumer prices, but…

5 years ago

U.S. Fed to let bank leverage exemption expire this month, will review rule

WASHINGTON (Reuters) - Big U.S. banks will have to resume holding an extra layer of loss-absorbing capital against U.S. Treasuries…

5 years ago

Nokia sees pick up in margins as turnaround takes shape

HELSINKI (Reuters) – Telecoms equipment maker Nokia is forecasting a pick up in profit margins to 10-13% in 2023, as…

5 years ago

Gaps Remain in Countries Readiness to Deploy COVID-19 Vaccines

Assessments by World Bank and partners provide insights into more than 120 countries’ readiness to safely distribute vaccines WASHINGTON, March…

5 years ago

Stocks cheer dovish Fed, yen supported before BOJ decision

TOKYO/NEW YORK (Reuters) – Asian shares and U.S. stock futures rose on Thursday after the Federal Reserve committed to maintaining…

5 years ago

Japan to lift Tokyo area state of emergency as planned on Sunday

TOKYO (Reuters) - The Japanese government’s advisory panel on coronavirus measures approved on Thursday a plan to let the state…

5 years ago