Economy

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Facebook strikes content revenue-sharing deal with Australian news corp media company

Moscow/Sputnik: Facebook has signed a multi-year content deal with one of Australia's largest media companies, News Corp, to be able to use its materials on its own platforms following the introduction of media bargaining laws in Australia, News Corp said in a press release. more

Post Coronavirus Economy: China’s debt-laden local govts urged to refrain from blind expansion of infrastructure projects

Beijing: China's top legislature has urged the country's cash-strapped regional governments not to “blindly expand” infrastructure projects.

Commitment to post-pandemic ‘green’ recovery falling short, UN-backed study finds

New York: Countries have fallen short in their commitments to build back better after the COVID-19 pandemic, with just 18 per cent of announced recovery spending going towards ‘gree ...

UN Development Programme urges temporary basic income for women hit hard by COVID-19 fallout

New York: The United Nations Development Programme (UNDP) has called for temporary basic income for millions of the world’s poorest women, to help them cope with effects of coronavi ...

China’s fiscal risks ‘extremely severe’, former Chinese finance minister warns

Beijing: China's former finance minister Lou Jiwei has warned that the country's fiscal situation is 'extremely severe with risks and challenges'.

Financial transparency, 'sound governance and accountability’ essential to reach Global Goals

New York: Financial integrity is “paramount to the success of the 2030 Agenda”, the President of the UN General Assembly said on Thursday, launching a new report that offers a ...

ILO urges better policies to protect workers, businesses, as digital platforms proliferate

New York: The UN International Labour Organization (ILO) on Tuesday highlighted the need for enhanced international policy cooperation to provide decent work opportunities and foster sust ...

UK unemployment rate up to 5.1 pc in Q4 of 2020 - Office for National Statistics

London/Sputnik: The UK unemployment rate rose to 5.1 percent in the three months to December last year, while the number of workers on payroll has fallen by 726,000 since the COVID-19 pan ...