G20 Leaders Pledge to Distribute Aid to Afghanistan to Avert Humanitarian Crisis

Leaders of the Group of 20 (G20) major economic powers pledged to distribute aid to Taliban-led Afghanistan to avert a humanitarian crisis. During a virtual summit on Oct. 12, the G20 leaders reaffirmed their “collective commitment” to provide humanitarian assistance …

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UN Calls for Action to End Food Waste Culture

The United Nations Environment Program (UNEP) calls to stop food waste culture for more decisive action to end the culture of throwing out food uneaten. According to UNEP Food Waste Index Report 2021, about one billion tons of food each …

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130 Countries Agree to Global Minimum Corporate Tax Rate

The Organization for Economic Cooperation and Development (OECD) announced on July 1 that 130 countries have agreed to plans for a global minimum corporate tax rate. In a statement, OECD said that the 130 countries, which represent over 90% of …

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UN Raises 2021 Economic Growth Forecast to 4.7% on COVID Recovery Hope

The United Nations increased its projections for global economic growth in 2021 on the heels of COVID-19 vaccination programs and fiscal policies designed to restore the world’s workforce. The UN Conference on Trade and Development increased the projections by 0.6% …

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Colombian Government Draws $5.4 Billion from Flexible Credit Line

The International Monetary Fund announced on Tuesday afternoon that the Colombian government has drawn $5.4 billion from its flexible credit line with the economic institution, which the country will use to help mitigate the impact of the COVID-19 pandemic in its economy.

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