I hope everyone remembers when they’re getting the COVID-19 (often referred to as the China Virus) Vaccine, that if I wasn’t President, you wouldn’t be getting that beautiful “shot” for 5 years, at best, and probably wouldn’t be getting it at all. I hope everyone remembers! “I want to first thank my team of dedicated… Seguir leyendo Regarding Vaccines Statement by Donald J. Trump, 45th President of the United States of America
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Engendering the Recovery: Budgeting with Women in Mind
International Women’s Day, March 8, marks a year from the start of widespread lockdowns in response to COVID-19. As an IMF blog warned back in July, women have borne the economic and social brunt of the pandemic. With many governments preparing budgets for the next fiscal year, we now have a golden opportunity to counter this inequity. We… Seguir leyendo Engendering the Recovery: Budgeting with Women in Mind
Preventing Changes to GILTI That Hurt Competitiveness
Before tax reform (the “Tax Cuts and Jobs Act” (TCJA)), the United States employed a worldwide system of taxation, which was antiquated and uncompetitive. American companies were taxed here on their U.S. profits, taxed abroad on their foreign profits, and then taxed again when those foreign profits were brought back home. Thus, their foreign earnings… Seguir leyendo Preventing Changes to GILTI That Hurt Competitiveness
A new policy to help the world’s poorest countries manage debt vulnerabilities
Countries eligible to borrow from the International Development Association (IDA)—the World Bank’s fund for the poorest countries—entered the COVID-19 crisis already facing elevated debt levels and weak fiscal positions. The pandemic is now placing enormous pressure on these countries to finance additional expenditures for relief and recovery amid shrinking fiscal revenues and limited access to sustainable financing. This intensifies… Seguir leyendo A new policy to help the world’s poorest countries manage debt vulnerabilities
According to IATA, airlines will not recover their financial results until 2022
Alexandre de Juniac, General Director and CEO of the International Air Transport Association made statements at a press conference alarming about the financial state of companies that puts connectivity at risk Alexandre de Juniac held a press conference to update data on the state of the aviation industry. The official stated: “The financial outlook for airlines… Seguir leyendo According to IATA, airlines will not recover their financial results until 2022
The Great Divergence: A Fork in the Road for the Global Economy
As G20 finance ministers and central bank governors meet virtually this week, the world continues to climb back from the worst recession in peacetime since the Great Depression. The IMF recently projected global GDP growth at 5.5 per cent this year and 4.2 per cent in 2022. But it is going to be a long… Seguir leyendo The Great Divergence: A Fork in the Road for the Global Economy
SoftBank Joins Ambitious Initiative to Build a More Equitable Pipeline for Data Science Talent
SoftBank partners with Correlation One’s pioneering effort to upskill up to 10,000 workers from underrepresented communities across the U.S. and Latin America Miami, Florida – FEBRUARY 2021 – SoftBank Group International (SoftBank) as part of its AI Academy, today announced its support for Data Science for All / Empowerment (DS4A / Empowerment), a new effort… Seguir leyendo SoftBank Joins Ambitious Initiative to Build a More Equitable Pipeline for Data Science Talent
Public and Private Money Can Coexist in the Digital Age
We value innovation and diversity—including in money. In the same day, we might pay by swiping a card, waving a phone, or clicking a mouse. Or we might hand over notes and coins, though in many countries increasingly less often. Today’s world is characterized by a dual monetary system, involving privately-issued money—by banks of all… Seguir leyendo Public and Private Money Can Coexist in the Digital Age
Governor Ron DeSantis and CVS Health Announce Over 80 Vaccination Site Locations in Florida
Hialeah, Florida. February 23, 2021.– Today, Governor Ron DeSantis announced that CVS Health will begin offering COVID-19 vaccinations at 81 select CVS Pharmacy, CVS Pharmacy y más, and Navarro Discount Pharmacy locations in 13 counties across Florida, including 67 in Miami-Dade County. The Governor made this announcement at a Navarro Discount Pharmacy location in Hialeah where… Seguir leyendo Governor Ron DeSantis and CVS Health Announce Over 80 Vaccination Site Locations in Florida
Structural Factors and Central Bank Credibility Limit Inflation Risks
After ending last year with unexpectedly strong vaccine success and hope that the pandemic and economic distress it caused would recede, we woke up to the reality of new virus variants and the unpredictable, winding road that it can lead the world down. Something similar has happened with the discourse on inflation. At the end… Seguir leyendo Structural Factors and Central Bank Credibility Limit Inflation Risks