The Covid-19 pandemic has induced a major shift in Carolina Zuheill Rosales’ career. This internal medicine doctor founded Guimedic in 2011, when she was 25. Through its mobile clinics, this NGO provides medical consultations in remote and poor areas throughout Mexico. The main focus is to treat indigenous communities.
L’expression « casse-tête chinois » est empruntée pour décrire toute situation noueuse où s’entrelacent les possibilités de solution et où l’intelligence et la lucidité ne peuvent se passer de la patience pour dénouer les boucles multiples et diverses, ou pour trouver le chemin à suivre pour arriver à bon port en dépit des méandres et des labyrinthes.
The monetary policy report submitted by the Board of Governors of the Federal Reserve System to the U.S. Congress on Friday Feb. 19 showed that the Fed’s members have improved economic growth expectations for 2021 and 2022, expect lower unemployment rates. Meanwhile, only two of the 18 participants projected PCE (personal consumption expenditures) inflation to (slightly) exceed the 2% that serves as the longer-run objective for the monetary policy regime.
While the economic recovery around the world remains uneven, fragile, and unbalanced across sectors, financial markets are generally doing very well, thanks! In the United States, only half of the unemployment caused by the pandemic last year has been reversed, while stock markets continued to boom. Of course, this largely reflected the extraordinary support given by monetary authorities since March last year.
The new president of the United States has already issued over 40 executive orders, reversing many of Donald Trump’s most contentious policies. Biden’s arrival will likely help heal internal and international divisions. His policies are also likely to boost U.S. economic growth in the short-run and make it more equitable and sustainable. However, numerous obstacles could delay and dilute the impact of the new administration.
This article was originally published on IMF blog.
The road to recovery for the Middle East and Central Asia region will hinge on containment measures, access to and distribution of vaccines, the scope of policies to support growth, and measures to mitigate economic scarring from the pandemic. The virus’s second wave, which began in September, hurt many countries in the region, where infection and death rates far surpassed those seen during the first wave . Most countries resumed selective restrictions to help lessen their negative humanitarian and economic impact, while some have started vaccination campaigns.
L’entrée en vigueur de l’accord instituant la Zone de libre-échange continentale africaine (ZLECAF) s’inscrit dans la continuité des aspirations anciennes pour intégrer les marchés africains et faire de cette intégration un vecteur de prospérité et de développement. Il s’agit, en effet, d’une étape dont la traversée est inévitable en vue d’aboutir aux aspirations annoncées par l’Agenda 2063. C’est une étape qui concrétise, dans sa première phase, un engagement en faveur de la libre circulation des personnes, des marchandises et des services. La deuxième phase des négociations visera la promotion de la libre circulation des capitaux, le renforcement de la compétitivité et de la diffusion de l’innovation. C’est une étape qui aspire, par ailleurs, à la consolidation des bases du renforcement de l’intégration économique, de la promotion du développement agricole, de la sécurité alimentaire, de l’industrialisation et de la transformation structurelle économique, autres aspirations énoncées par l’Agenda 2063.
WASHINGTON-The December 2020 U.S. Treasury Report (hereafter referred to as the TR) to Congress singled out Vietnam and Switzerland as currency manipulators. In Vietnam’s case, it is surprising that the U.S. Treasury openly expressed its concerns about a country that graduated from the group of low-income countries only a few years ago. Additionally, Vietnam’s GDP per capita and total GDP are a fraction of the U.S.’s, but the country is assessed in the same way as developed countries, including Switzerland and Germany, and/or as a large country, such as China and India.
COVID-19 vaccination in Europe and the United States is moving too slowly and is failing to prevent avoidable death and economic disruption. More must be done to accelerate the campaign by targeting those most at risk.
