Signs of declining inflation, resilient consumer spending and strong labour markets, among others, suggest that growth could be rebounding in the short term, global financial leaders said on Friday. ”My message is that it is less bad than we feared a couple of months ago, but that doesn’t quite get to us to being good,” […]
Green recovery can revive virus-hit economies and tackle climate change: study
“The COVID-19 crisis could mark a turning point in progress on climate change,” the authors wrote, adding that much would depend on policy choices made in the next six months LONDON: Massive programmes of green public investment would be the most cost-effective way both to revive virus-hit economies and strike a decisive blow against climate […]
Rich nations must make pandemic recovery plans green: global investors
While some members of the world’s 20 biggest economies such as Britain, France and Germany have made statements about doing just that, some of the biggest emitters such as China and the United States have yet to do so LONDON: The world’s richest nations must ensure their COVID-19 recovery plans are sustainable and help meet […]