Economy
New York: A ‘business as usual' approach is no longer an option, the head of the UN agriculture agency said on Tuesday, launching a new plan to move past the coronavirus pandemic. more
COVID-19 and economic revival: Pakistanis not permitted to enter EU as borders set to reopen

Brussels: Pakistan economic revival plans received a jolt as the country has not been included in the draft list of 54 countries that will benefit from the reopening of the European Union ...

What will power the post-pandemic global economic recovery?

New York : As governments try to kick-start their economies, the UN is calling for recovery plans to be built around low-carbon technologies, to avoid a return to fossil-fuel based busine ...

World Bank provides Bangladesh over $1 billion to create quality jobs and respond to COVID 19 pandemic

Washington: The World Bank today approved $1.05 billion for three projects to help Bangladesh create quality jobs and accelerate economic recovery from the COVID-19 (coronavirus) pandemic ...

COVID-19 could drive global poverty back over one billion people: Study

New York: In dramatic new numbers researchers estimate that extreme poverty could spike as a result of the COVID-19 pandemic, on the day the postponed meeting of the world’s richest ...

Hospitality in the time of a pandemic

Amid the Covid-19 scare and continued lockdown, travel and tourism is the industry hardest hit across the globe. Young journalists from USA's University of Missouri and their Indian c ...

IMF asks Pakistan to freeze salaries of govt employees

Islamabad: The International Monetary Fund has asked cash-strapped Pakistan to freeze salaries of government employees and adhere to the fiscal consolidation path by showing a nominal pri ...

COVID-19 fallout to cost US economy 7.9 tln USD over next decade: CBO

Washington/Xinhua: Fallout from the COVID-19 pandemic will shrink the size of the U.S. economy by 7.9 trillion U.S. dollars over the next decade, according to new projections released by ...

World slowly starts travelling again: UN Tourism Organization

New York: After months of lockdowns, countries are cautiously starting to ease travel restrictions put in place to stop the spread of COVID-19, according to research published Monday by t ...

COVID-19: European Commission proposes borrowing 750 bln euros as recovery fund

Brussels/Xinhua: The European Commission on Wednesday proposed borrowing 750 billion euros (826 billion US dollars) in its name from the financial market to help the world's largest t ...