Business surveys for November show a collapse in growth with the UK sliding into a double-dip recession as the restrictions took their toll. Activity dropped by the most since May according to the closely-monitored IHS Markit/CIPs purchasing managers index, but remained higher than the level recorded in April when the first lockdown brought the country to a standstill. … [Read more...] about Coronavirus vaccine results drive hope for economic recovery
International monetary fund and world bank
The expo is the biggest MICE travel fair of the year with many activities such as introducing MICE tourism in the ROK and connecting trade between tourism agencies of the two countries. The event attracts the participation of more than 200 the ROK’s agencies and MICE travel agencies, along with 23 major Vietnamese travel companies, is expected to be a meaningful activity to promote tourism activities and discover new prospects in cooperation between the two countries. … [Read more...] about VIETNAM NEWS NOVEMBER 27 (updated hourly)
This fact is not a result of the United States managing its public-health response better than those countries, allowing it to reopen from lockdown sooner and for consumption to roar back. Indeed, many of those peer nations have had significantly better outcomes, as measured by COVID-19 caseloads, hospitalizations, and death rates. Nor is it a result of the U.S. preserving more jobs. The unemployment rate here is far higher here than it is in Japan, Germany, or the U.K. … [Read more...] about America Failed at COVID-19, but the Economy’s Okay. Why?
Third, we should accelerate the transition from old growth drivers to new ones and promote a digital transformation of the world economy. Every crisis is also a historical opportunity for technological and industrial transformation. To some extent, COVID-19 offers us a window of opportunity to accelerate digitalization of the world economy, address climate change and promote green development. … [Read more...] about Multilateralism vital to global recovery