1981 economic recovery tax act

Billionaires' fortunes rebounded as stock markets recovered despite a continued recession in the economy. Their total wealth hit $11.95 trillion in December 2020, equivalent to G20 governments’ total COVID-19 recovery spending. The road to recovery will be much longer for people who were already struggling pre-COVID-19. When the virus struck over half of the workers in poor countries were living in poverty, and three-quarters of workers globally had no access to social protections like sick pay or unemployment benefits. … [Read more...] about Wealth inequaity increases after COVID-19

Prague (VNA) - Media reports in the Czech Republic have highlighted Vietnam’s rising position and recent development achievements, as well as the flourishing development of the traditional friendship between the two countries, on the occasion of the ongoing 13th National Congress of the Communist Party of Vietnam (CPV). The online newspaper halonoviny.cz ran an article on January 25 emphasising that the Congress is one of the most important political events in 2021 for Vietnam, attracting interest internationally. Under the leadership of the CPV, in recent years Vietnam, as a member of ASEAN, has had an rising role and position in the region as well as in the world, the article said. In 2020, despite the COVID-19 pandemic, it was internationally praised for its pandemic prevention and economic recovery efforts. The article also mentioned the key tasks relating to Vietnam’s domestic and foreign policies and orientations to be set at the Congress. Notably, it … [Read more...] about Czech media spotlights Vietnam’s rising position, achievements

Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc, as Chairman of the East Asia Business Council (EABC) in 2020, recently handed over the EABC Chair to Hak-hee Jo, Executive Managing Director of the Korea International Trade Association. … [Read more...] about Viet Nam hands over EABC Chairmanship to RoK

"The Allianz Risk Barometer 2021 is clearly dominated by the Covid-19 trio of risks. Business interruption, pandemic and cyber are strongly interlinked, demonstrating the growing vulnerabilities of our highly globalized and connected world," says Joachim Müller, CEO of AGCS. "The coronavirus pandemic is a reminder that risk management and business continuity management need to further evolve in order to help businesses prepare for, and survive, extreme events. While the pandemic continues to have a firm grip on countries around the world, we also have to ready ourselves for more frequent extreme scenarios, such as a global-scale cloud outage or cyber-attack, natural disasters driven by climate change or even another disease outbreak." … [Read more...] about Allianz Risk Barometer 2021: Pandemic outbreak overtakes Business Interruption as top business risk in China

 HÀ NỘI – Chairman of the Vietnam Chamber of Commerce and Industry Vũ Tiến Lộc, as Chairman of the East Asia Business Council (EABC) in 2020, recently handed over the EABC Chair to Hak-hee Jo, Executive Managing Director of the Korea International Trade Association. … [Read more...] about Việt Nam hands over EABC Chairmanship to RoK