Elsewhere, countries are struggling to attract investors. Last week, US Federal Reserve chairman Jerome Powell essentially told investors to expect zero interest rates in the US for at least the next five years to make it easier for homeowners to pay their mortgages and for businesses to borrow the money they need to pay their workers. … [Read more...] about Continuing to lure in international funds
State funded international schools in germany
PARIS -- Disruption to schooling stemming from the COVID-19 epidemic will cause a skill loss that could result in a 1.5% drop in global economic output for the rest of this century, the Organisation for Economic Cooperation and Development estimated. … [Read more...] about Skills lost due to COVID school closures will hit output for generations: OECD
She said this was a proud yet challenging result in the context that not only Vietnam, but most countries in the world are facing different difficulties posed by the Covid-19 pandemic. This means that it would not be an easy task for Vietnam to maintain the position or climb to higher ranks in coming years. … [Read more...] about Vietnam wins international praise for innovation headway
In Thursday’s press release, the U.S. State Department affirms that the country stands shoulder-to-shoulder with its ASEAN partners to mitigate the current pandemic, and also to strengthen ASEAN’s ability to prevent, detect, and respond to future zoonotic and other infectious disease outbreaks. … [Read more...] about US CDC to open Southeast Asian office in Hanoi: State Dept.
While Britain no longer holds much developing-country debt after forgiving most of it decades ago, as host of next year’s major U.N. climate summit it could put pressure on creditors in London’s financial center to participate in such swaps, he said. … [Read more...] about Debt swaps could free funds to tame climate, biodiversity and virus threats