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Eileen Gbagbo

London, United Kingdom
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About Eileen
Eileen Gbagbo is a journalist based in London, United Kingdom.
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Trudeau mulls name-and-shame policy to curb foreign worker abuse

18 Aug 2024  |  www.bnnbloomberg.ca
Prime Minister Justin Trudeau's government is considering a policy to publicly name business managers or owners who violate Canada's labor rules as a measure to curb abuses of temporary foreign workers.

Foday Dumbuya, the designer making sportswear fun

25 Mar 2024  |  www.publico.pt
Foday Dumbuya, a designer born in Sierra Leone, is revolutionizing sportswear by combining classic British tailoring with West African influences, making both office and sports environments more stylish. His brand, Labrum, showcased its latest collection at the Tate Britain museum in London, attracting a constellation of celebrities and pop stars.

Here’s Where To Eat And Drink At The Davos World Economic Forum

15 Jan 2024  |  NDTV Profit
Davos becomes a challenging place to book a restaurant during the World Economic Forum, with top spots like Restaurant Gentiana and dining rooms at hotels such as Grischa and Morosani being pre-booked by companies. Options for walk-ins include Lokal, known for its whiskey-cheese sauce-topped burgers, and Ochsen, famous for its hot stone-cooked meats. Other notable mentions are Panorama at Schatzalp Hotel, La Carretta with its Italian menu, and the bar at Hotel Europe. Padrino offers wood-fired pizzas, while Stall Valär features a contemporary European menu. Jody’s, with its tapas-focused menu, is fully booked for the week.

Pandemic Pushed 32 Million People Into Extreme Poverty, UN Says

12 Oct 2023  |  NDTV Profit
More than 32 million additional people in the poorest countries now live on less than $1.90 a day due to the pandemic, according to the UN Conference on Trade and Development. The economic impact in the Least Developed Countries has been more devastating than the health crisis, with growth prospects cut from 5% to -0.4% this year. The combined merchandise trade deficit of the LDCs is forecast to exceed 2019’s record $91 billion. Falling income levels, widespread unemployment, and widening fiscal deficits have been exacerbated by the pandemic, making the poverty and social outcomes of the 2030 Sustainable Development Goals a distant prospect. The report calls for governments in LDCs to focus on cushioning the impact of the recession and building resilience against future crises.

Yellen’s Policies, Student Debt Woes, Chilean Pensions: Eco Day

11 Oct 2023  |  NDTV Profit
The article discusses the upcoming economic data releases in the U.S. due to the Thanksgiving holiday, Janet Yellen's anticipated coordination with the U.S. Federal Reserve as Treasury Secretary, and her support from progressive Democrats. It also highlights the impending resumption of student debt payments for 41 million borrowers unless new legislation or executive action is taken. Additionally, it covers Chileans preparing for a second round of early pension withdrawals after a similar measure earlier this year.

Where Freedom Soup and Jamaican Sorrel Are on the Holiday Menu

10 Oct 2023  |  www.bnnbloomberg.ca
April Jackson, a former Miss Jamaica and founder of Wood & Water and SideChick in Brixton, highlights the cultural significance of sorrel during the holidays. Various Black chefs in the UK, including Khadim Mane of Little Baobab and Wilford Marous of Grill Shack & Tiki Bar, bring their traditional holiday dishes from Senegal, Haiti, and other regions to the UK, maintaining their cultural heritage. Dominic Taylor of Good Front Room and James Cochran of 12:51 Kitchen incorporate their Caribbean roots into their holiday menus. Helen Mebrate of Ammarech Spices and Lungile Mhlanga of Treats Club also showcase traditional dishes from Ethiopia and Zimbabwe, respectively, during the festive season.

Africa Trade Pact Gets $1 Billion to Offset Revenue Losses

05 Oct 2023  |  NDTV Profit
The African Export-Import Bank has secured $1 billion to offset revenue losses for countries reducing cross-border tariffs under the African Continental Free Trade Area (AfCFTA). Secretary-General Wamkele Mene announced that the fund aims to support countries by year-end, with plans to mobilize additional resources from global capital markets and development finance institutions. The AfCFTA, effective from January 1, seeks to enhance intra-African trade by reducing tariffs on 90% of goods and promoting investment. Despite concerns over revenue losses, a World Bank report indicates minimal short-term impacts on tariff and total tax revenues for most African countries.

U.K.’s Small Businesses Expose Racial Equality Gap in Covid Era

04 Oct 2023  |  NDTV Profit
A survey by the British Business Bank revealed that 61% of minority-owned enterprises in the U.K. paused or stopped work due to Covid-19, a rate significantly higher than White-owned businesses. The Commission on Race and Ethnic Disparities reported that these businesses are less likely to seek funding due to perceived systemic disadvantages. The pandemic has highlighted inequalities in death rates, infections, and now business impacts among ethnic minorities. The Federation of Small Businesses emphasized the importance of supporting ethnic minority entrepreneurs for post-Covid recovery. Guljar Khan, a restaurant owner, expressed concerns about repaying Covid-19 related debts. The report also noted communication barriers between minority groups and banks, discouraging them from seeking financial help.

U.K. Online Sales Jump as Britons Stock Up Early for Christmas

01 Oct 2023  |  NDTV Profit
U.K. online sales surged in November as a new lockdown took effect, with web grocery sales up 97.4% year-on-year, driven by excitement around new consoles, video game releases, and extended Black Friday discounts. Supermarkets saw a nearly 20% increase as Britons stocked up early for Christmas. Despite overall consumer spending falling by 1.9%, online sales rose significantly across most categories. Physical stores and city center shopping areas struggled, with major retailers Debenhams and Arcadia Group collapsing. Confidence in financial situations remains high due to vaccine news, but post-Christmas confidence may wane due to Brexit and economic downturn impacts.

An atypical cuisine features in the lists of the best restaurants in the world

12 Aug 2023  |  Bloomberg Línea
Mohamad Orfali, chef and co-owner of Orfali Bros. Bistro in Dubai, achieved significant recognition by debuting at number 6 in the 2022 MENA World's 50 Best Restaurants list and later securing the top spot in 2023. The restaurant's success is attributed to the rising demand for Middle Eastern cuisine, particularly Syrian food, which is gaining global attention. Other notable mentions include Imad Alarnab's Imad’s Syrian Kitchen in London, which has expanded and published a cookbook, and the challenges faced by Syrian restaurants in maintaining authenticity while appealing to local tastes. The article highlights the cultural significance and global spread of Syrian cuisine, driven by chefs' personal stories and the multicultural environments of cities like Dubai and London.

Davos becomes a gastronomic oasis, finding a table is almost an impossible mission

15 Jan 2023  |  mk.bloombergadria.com
For fifty-one weeks a year, the Swiss town of Davos is a modest ski resort. However, during one week in January, it becomes nearly impossible to find a table at a restaurant without a reservation due to the World Economic Forum, which this year runs from January 15 to 19. Notable attendees include the President of the World Bank, Ajay Banga, U.S. Secretary of State Antony Blinken, Microsoft CEO Satya Nadella, OpenAI CEO Sam Altman, and Standard Chartered CEO Bill Winters. While top restaurants and luxury hotel dining rooms are reserved for private events, visitors can still find good dining options at places like Lokal, Steakhouse Ochsen, Panorama, La Carretta, Tonic Piano Bar, Kaffee Klatsch, and Pizzeria Padrino. For next year, reservations are recommended at popular spots like Stall Valär and Jody's.

Davos becomes a gastronomic oasis, finding a table is almost an impossible mission

15 Jan 2023  |  mk.bloombergadria.com
For fifty-one weeks a year, the Swiss town of Davos is a modest ski resort, but during one week in January, it becomes a gastronomic hotspot where finding a table without a reservation is nearly impossible. The World Economic Forum, running from January 15 to 19, will host notable guests such as the World Bank President Ajay Banga, U.S. Secretary of State Antony Blinken, Microsoft CEO Satya Nadella, OpenAI CEO Sam Altman, and Standard Chartered CEO Bill Winters. Top restaurants and luxury hotel dining rooms are booked for private events by foreign companies. However, visitors can still find good dining options at places like Lokal, Steakhouse Ochsen, Panorama, La Carretta, Tonic Piano Bar, Kaffee Klatsch, and Pizzeria Padrino. For next year, reservations are recommended at popular spots like Stall Valär and Jody's.

There Has Never Been a Better Time to Eat African Food in London

01 Dec 2022  |  leaderpost.com
London's culinary scene is experiencing a surge in African cuisine, with restaurants offering a range of experiences from casual to luxurious. Establishments like Enish, Tatale, and Pitanga are showcasing the diversity of African dishes, from traditional stews to modern fusion. Newer restaurants such as Akoko and Stork provide upscale dining options, while Kudu Grill and Chishuru have gained popularity for their authentic flavors. Chefs like Akwasi Brenya-Mensa and Ayo Adeyemi are at the forefront of this movement, creating menus that pay homage to their heritage while appealing to a broad audience.

HSBC to offer gender-neutral banking in bid for inclusivity

25 Jul 2022  |  americanbanker.com
HSBC Holdings' U.K. unit is planning to offer more inclusive banking services by ceasing to collect gender data on some products, such as HSBC Kinetic and a new mortgage tool, to better accommodate nonbinary and trans customers. The bank is also simplifying name change procedures and has replaced labels like 'husband' and 'wife' with 'spouse.' Other banks, including Bank of Montreal and Citigroup, have made similar moves, offering bank cards for nonbinary individuals. The initiatives have sparked debate, with some backlash, but firms like LGBT Great argue that inclusivity builds trust and appeals to a broader customer base. The challenge of legacy banking systems is noted, and the article mentions research on the experiences of transgender individuals with identification.

Staff Push London Banks to Steer Clear of Pride Parade on Racism Furor

25 Apr 2022  |  NDTV Profit
Employees at Citigroup Inc. and Barclays Plc are considering withdrawing support from the Pride in London parade due to concerns about racism allegations within the organizing body. Citigroup has already decided not to sponsor the event, which it has supported since 2013. Barclays, a past sponsor, is not listed as a 2022 partner. The allegations, which surfaced in March 2021, led to the resignation of Pride's advisory board and a promise from Pride to reform, aiming for more diverse leadership. Despite these changes, some in the finance industry remain skeptical. Pride in London has received sponsorship applications from over 40,000 entities, with corporate sponsors like BT Group Plc and London Stock Exchange Group Plc confirmed for this year's event. The parade will also advocate for a ban on conversion therapy for all LGBTQ+ people in the UK.

Firms owned by ethnic minorities in UK struggle to recover

01 Apr 2021  |  BusinessLIVE
UK businesses owned by ethnic minorities are at risk of missing out on the post-pandemic economic rebound, which could worsen existing inequalities highlighted by the coronavirus. A survey by the British Business Bank found that 61% of Asian and other minority-owned enterprises had paused or permanently stopped work due to Covid-19, a rate one-and-a-half times higher than that of white-owned businesses. A report by the Commission on Race and Ethnic Disparities indicated that these businesses are less likely to seek funding due to perceived systemic disadvantages.

Africa trade pact gets $1bn to offset revenue losses

01 Jan 2021  |  www.moneyweb.co.za
The African Export-Import Bank has mobilized $1 billion to offset revenue losses for countries reducing cross-border tariffs under the African Continental Free Trade Area (AfCFTA). Secretary-General Wamkele Mene stated that the fund aims to support countries by year-end. The AfCFTA, effective from January 1, seeks to enhance intra-African trade by reducing tariffs on 90% of goods and promoting investment. Despite concerns over revenue losses, a World Bank report indicates minimal short-term impact on tariff and total tax revenues for most African countries.

U.S. Footing, Stimulus Loans, Container Fatigue: Eco Day

22 Dec 2020  |  NDTV Profit
The U.S. economy is facing instability as states impose stricter business and travel restrictions amid the pandemic. A $900 billion stimulus package may prevent economic contraction, but risks persist if recovery doesn't begin next year. Small business owners are eager for federal relief loans but remain concerned about their sufficiency. The Trump administration emphasizes corporate profit priorities. In Canada, a top provincial politician criticizes Prime Minister Justin Trudeau for not testing international travelers for COVID-19. Container shipping shows signs of strain as the pandemic worsens.

U.S. Stimulus, U.K. Travel Halt, Democracy Recession: Eco Day

21 Dec 2020  |  NDTV Profit
Congressional leaders agreed on a $900 billion spending package to support the U.S. economy amid the ongoing pandemic, raising questions about the Federal Reserve's emergency facilities. Europe, Canada, and Hong Kong suspended travel to the U.K. due to a new coronavirus mutation, leading to a full lockdown in London and southeast England. As the year ends, China shows a strong economic recovery, while the U.S., U.K., and other democracies face deeper recessions and higher death tolls, challenging the democratic model. Bloomberg Economics research indicates that governments that quickly restricted social interactions to protect public health also succeeded in safeguarding their economies. Chile anticipates a challenging year with two elections and a new constitution drafting process, testing its stability and business-friendly reputation.

U.S. Footing, Stimulus Loans, Container Fatigue: Eco Day

21 Dec 2020  |  financialpost
The U.S. economy faces instability as states impose stricter business and travel restrictions amid the pandemic's worst phase. A $900 billion stimulus package may prevent economic contraction, but risks persist if recovery doesn't begin next year. Small business owners plan to utilize a second federal relief loan but remain concerned about its sufficiency. In the final days of the Trump administration, agencies emphasize profit prioritization for corporations. Canada's top provincial politician criticizes Prime Minister Justin Trudeau for not testing international travelers for COVID-19. Container shipping shows signs of strain as the pandemic worsens.

Upon Mount Zion: The Church and My Political Awakening

20 Dec 2020  |  The Republic
The church played a pivotal role in the author's political awakening, providing a space to learn about racial injustice, social inequality, and the struggles of African immigrants in the UK. The narrative highlights the challenges faced during the British citizenship application process, the support from the church community, and the impact of UK immigration policies. The author reflects on personal experiences of racism and the broader implications of policies like those of the UK Independence Party and the Windrush Scandal. The text underscores the importance of community and the ongoing fight against institutional racism.

U.S. Stimulus, U.K. Travel Halt, Democracy Recession: Eco Day

20 Dec 2020  |  financialpost
Congressional leaders reached a deal on a $900 billion spending package to support the U.S. economy amid the ongoing coronavirus pandemic. Travel links to the U.K. were suspended by Europe, Canada, and Hong Kong due to a new coronavirus mutation, leading to a full lockdown in London and southeast England. Bloomberg economists suggest that the democratic model is struggling compared to China's 'V' shaped recovery. Research indicates that governments that quickly restricted social interactions had more success in protecting both public health and their economies. Chile faces a challenging year with two elections and the drafting of a new constitution, testing its stability and business-friendly reputation.

Midnight Aid Deadline, Empty Midtown, SME Pain: Eco Day

18 Dec 2020  |  NDTV Profit
Congress faces a midnight deadline to pass a pandemic relief measure or a stopgap to keep the government funded. Democrats gain support for extending Federal Reserve emergency lending programs. The U.S. Treasury market's March crisis prompts calls for structural changes. New Paycheck Protection Program funding targets smaller companies. Colombia's central bank is expected to maintain its record-low interest rate, while Mexico's central bank awaits confirmation of inflation trends before easing monetary policy. New York's Midtown remains empty, raising concerns among landlords. The global recession caused by the coronavirus has led central banks and governments to implement rescue measures.

Relief Unveiling, U.S.-U.K. Trade Deal, Mexico Rates: Eco Day

17 Dec 2020  |  NDTV Profit
Jerome Powell of the Federal Reserve expressed optimism and a commitment to economic support. Congressional leaders are finalizing a $900 billion coronavirus relief plan. The U.S. Treasury labeled Switzerland and Vietnam as currency manipulators, while the Swiss National Bank vowed to continue currency interventions despite U.S. censure. White-collar workers are relocating due to flexible work arrangements, and Mexico's central bank is expected to maintain interest rates. A U.S.-U.K. trade deal is seen as likely by U.S. Trade Representative Robert Lighthizer.

Fed Support, Tax Cut Impact, Shrinking Cash Cushions: Eco Day

16 Dec 2020  |  financialpost.com
Federal Reserve Chair Jerome Powell and colleagues are contemplating adjustments to their asset purchase program amidst a worsening Covid-19 outbreak and economic slowdown. Studies suggest tax cuts for the wealthy exacerbate inequality without significant benefits to others, highlighting arguments for the wealthy to contribute more to pandemic costs. Low-income households are experiencing a decline in cash reserves, emphasizing their financial vulnerability. Fannie Mae and Freddie Mac's stocks dropped following Treasury Secretary Steven Mnuchin's indication that he is unlikely to release them from U.S. control before his term ends. Bank of Canada Governor Tiff Macklem cautioned that the Canadian economy might contract again due to a second wave of virus cases. Emerging markets face persistent risks despite investor optimism for a 2021 recovery.

Migrant Pay Gap in Rich Countries Was Widening Even Before Covid

14 Dec 2020  |  NDTV Profit
Migrant workers in high-income countries earn 12.6% less than national workers, with the wage gap increasing in recent years in countries like Italy, Netherlands, Portugal, and Norway. The International Labour Organization's report, covering 49 nations, indicates migrants are often in precarious work, with over a quarter on temporary contracts. The Covid-19 pandemic exacerbated the labor divide, leading to significant job losses among migrant workers, who were predominantly in manual jobs and unable to work remotely.

Fed Guidance, Canadian Housing, Mexican Drug Money: Eco Day

14 Dec 2020  |  NDTV Profit
Federal Reserve officials will link future asset purchases to employment and inflation measures without immediate changes. Canada's most expensive housing market is set to surge after stagnation. The U.K.'s property market remains strong, according to Rightmove. Mexico's central bank avoided a bill forcing it to buy drug money. Brexit negotiations continue with potential for a trade deal this week, according to EU's Michel Barnier. The European Central Bank admitted it will fall short of its inflation goal even three years from now.

Fed Guidance, Canadian Housing, Mexican Drug Money: Eco Day

14 Dec 2020  |  financialpost
Federal Reserve officials will link future asset purchases to employment and inflation measures without immediate changes. Canada's housing market is set to surge after stagnation, while the U.K.'s property boom continues. Mexico's central bank avoided a bill forcing it to buy drug money. Brexit negotiations may conclude soon, but significant differences remain. The European Central Bank admitted it will fall short of its inflation goal even with new policy measures.

U.K. Property Boom Will Last Another Year, Rightmove Says

14 Dec 2020  |  NDTV Profit
The surge in U.K. property prices is expected to continue into next year due to strong housing demand despite economic uncertainties. Rightmove predicts a 4% increase in asking prices for 2021, driven by a backlog of properties and favorable mortgage rates. The first quarter will see heightened activity as buyers rush to benefit from a temporary tax cut ending in March. Tim Bannister from Rightmove highlights that both pandemic and Brexit uncertainties have not deterred market activity, with asking prices showing a significant year-on-year increase.

Powell Legacy, Climate Change Priority, Growth Outlook: Eco Day

11 Dec 2020  |  NDTV Profit
Jerome Powell is recognized for his decisive response to the Covid-19 recession and commitment to maximum employment, marking him as a transformative leader at the Federal Reserve. Janet Yellen, as Treasury secretary, prioritizes climate change, raising hopes among activists for its central role in U.S. economic policy. Wall Street predicts a slow economic recovery in early 2021, bolstered by vaccines and fiscal stimulus. Joe Biden's immigration policy could significantly impact U.S. economic growth. Efforts to finalize a pandemic relief package face challenges, with Senate Republicans opposing key compromise proposals. The Covid-19 pandemic has caused a financial reckoning, while Argentina's peso remains the worst-performing currency in emerging markets.

Treasury Change, U.S. Child Care Crisis, U.S. Stockpile: Eco Day

10 Dec 2020  |  NDTV Profit
Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi have yet to engage in negotiations for pandemic relief proposals. Treasury Secretary Steven Mnuchin is open to changing an agreement involving Fannie Mae and Freddie Mac. The U.S. child-care crisis could significantly boost GDP if addressed. The pandemic highlights the need for a more flexible national medical stockpile. Remote work during the pandemic increases security risks for U.S. companies. The end of the year sees a rush to secure tax reductions amid expiring Covid-19 relief and a presidential transition. Argentina's ban on firing workers during the pandemic may worsen its job market.

Stimulus Talks, Vaccine Distribution, Aircraft Tariffs: Eco Day

09 Dec 2020  |  NDTV Profit
Treasury Secretary Steven Mnuchin re-entered pandemic-relief talks with a $916 billion proposal, opening a potential path to a year-end deal despite Democratic objections. President-elect Joe Biden prioritizes pandemic and economic recovery, while facing a migrant crisis at the southern border. A State Department tech entrepreneur uses network theory to counter Chinese pressure. U.S. health authorities near emergency approvals for Covid-19 vaccines, with companies preparing for distribution. The Bank of Canada is expected to maintain accommodative policy, possibly doing more to support recovery. Brazil shows oil demand growth outside Asia amid the pandemic. Global central banks continue bond-buying to combat economic fallout. The U.K. government will drop tariffs on $4 billion of U.S. goods, part of the dispute over illegal aid to Boeing and Airbus.

Waning Optimism, U.S. Sanctions, Male Bastions: Eco Day

08 Dec 2020  |  NDTV Profit
U.S. small-business optimism declined due to the resurgence of coronavirus and election outcomes, despite positive vaccine news. Senate Majority Leader Mitch McConnell's stimulus plan threatens compromise with Democrats. The U.S. imposed sanctions on 14 members of China's National People's Congress over Hong Kong dissent. 2020 saw progress in gender equality in global economic power. Canadian Prime Minister Justin Trudeau appointed a pro-government spending advocate as the top economic bureaucrat. Canadian food prices are expected to rise by 3% to 5% next year due to the pandemic. Japanese Prime Minister Yoshihide Suga is promoting domestic travel to sustain economic recovery.

U.S. Inflation Mirage, Aid Package, China Trade Gap: Eco Day

07 Dec 2020  |  NDTV Profit
U.S. inflation in 2021 may be illusory, with high-frequency data indicating a decline in activity in major economies due to rising Covid-19 infections and stricter measures. Bipartisan negotiators are set to reveal details of a $908 billion pandemic relief package. The coronavirus has accelerated existing migration trends in the U.S. Despite Donald Trump's efforts to balance trade with China, the trade gap has widened. Chile's consumer prices fell in November, reflecting an uneven recovery. A British official warned of potential collapse in EU trade deal talks if no progress is made soon.

U.S. Jobs, Stimulus Hope, Gender Pay Disparity: Eco Day

03 Dec 2020  |  NDTV Profit
U.S. employment gains in November showed resilience despite rising COVID-19 cases, while Democrats, led by Nancy Pelosi and Chuck Schumer, are pushing for a new stimulus package. President-elect Joe Biden is advocating for bipartisan cooperation on this front. Jason Furman emphasizes the need for fiscal stimulus given low interest rates. The pandemic has exacerbated gender pay disparities, with more women feeling less empowered to negotiate wages. The Senate is moving forward with Christopher Waller's nomination to the Federal Reserve Board. Chicago's City Council passed a budget to address a significant deficit, marking a win for Mayor Lori Lightfoot. Sharon Kozicki is favored to become the Bank of Canada's second-in-command. Brazil faces severe drought impacting its electricity supply, and the pandemic is increasing risks for microfinance loans.

UN: Pandemic Pushed 32M People Into Extreme Poverty

03 Dec 2020  |  www.newsmax.com
The coronavirus pandemic has significantly impacted the world's poorest countries, pushing over 32 million people into extreme poverty, according to a United Nations report. The economic fallout in the Least Developed Countries (LDCs) has been severe, with growth prospects plummeting and trade deficits soaring. The pandemic has exacerbated domestic issues such as falling income levels and widespread unemployment, making the 2030 Sustainable Development Goals seem unattainable. The report highlights the need for LDCs to develop productive capacities to build resilience against future crises.

The pandemic has pushed more than 32 million into extreme poverty, UN says

03 Dec 2020  |  fortune.com
More than 32 million people in the poorest countries now live on less than $1.90 a day due to the pandemic, according to the UN Conference on Trade and Development. The economic impact in Least Developed Countries (LDCs) has been severe, with growth prospects plummeting from 5% to -0.4% this year, marking the worst economic performance since the 1980s debt crisis. The pandemic has exacerbated falling income levels, unemployment, and fiscal deficits, making the 2030 Sustainable Development Goals seem distant. The report follows the U.K.'s foreign aid budget cut and calls for more extensive debt cancellation by Group of 20 governments. LDCs face the dual challenge of mitigating the recession's impact and building resilience against future crises.

Stimulus Deadlock, Senate Fed Vote, Biden China Policy: Eco Day

02 Dec 2020  |  NDTV Profit
House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell attempted to break the deadlock over a new stimulus, but no clear progress was made. The Senate is set to vote on advancing Christopher Waller's nomination to the Federal Reserve Board, while the confirmation of Judy Shelton remains uncertain. A bipartisan panel advised Congress to increase demands on China, including equal access for companies and media, and stricter monitoring of Beijing's activities at the United Nations. President-elect Joe Biden plans to maintain the phase-one trade deal with China while reviewing U.S. policy. Heather Boushey, a member of Biden's Council of Economic Advisers, faced criticism from a former employee. The Covid-19 pandemic, initially expected to end globalization, is now seen by some as accelerating it. Canada's top finance ministry bureaucrat announced his departure following an update on emergency Covid-19 spending.

Funding Deadline, OECD Cuts Outlook, Global Factories: Eco Day

01 Dec 2020  |  NDTV Profit
President-elect Joe Biden's nomination of Neera Tanden as White House budget chief sets up a confirmation battle with Senate Republicans. Congress faces a looming deadline for government funding, with low chances of confirming Judy Shelton to the Federal Reserve Board and passing another coronavirus relief package. Senate Majority Leader Mitch McConnell advanced Christopher Waller's Fed board nomination but did not act on Shelton's. A coalition suggests the U.S. could unlock more charity funds by adjusting tax rules. China has surpassed the U.S. as the top foreign market for Asia-Pacific companies. Chile's economic activity fell more than expected in October, despite increased consumer demand from pension withdrawals. The OECD warns that the global recovery is at risk if governments withdraw support too soon or fail to deliver effective vaccines. Global factories continue to support economies amid renewed virus restrictions.

Excess Deaths in England and Wales at Highest Since May

01 Dec 2020  |  ndtvprofit.com
Excess deaths in England and Wales reached the highest level since May during the week through November 20, driven by an increase in fatalities linked to COVID-19. The Office of National Statistics reported deaths were 20.8% above the five-year average, with COVID-19 deaths accounting for 21.5% of all fatalities. Despite the rise, the number of deaths would have been below average if not for the COVID-19 related deaths. The data comes from the second full week of England’s national lockdown, with new infections beginning to decline as the country prepares to implement a new tiered system of restrictions.

Fed Relief, Biden’s Economic Team, Canada Fast Pace: Eco Day

30 Nov 2020  |  ndtvprofit.com
The U.S. Congress is facing a deadline to pass new government funding, with uncertainty around Federal Reserve Board confirmations and a coronavirus relief package. President-elect Joe Biden is set to name an economic team, including Janet Yellen as Treasury secretary, focusing on economic recovery and supporting Black and lower-income Americans. The Federal Reserve's efforts to aid midsize firms are facing challenges, and the U.S. could see a reversal in poverty reduction without continued aid. Canada's economy has seen rapid growth in the third quarter, but faces challenges with a second wave of Covid-19, with Prime Minister Justin Trudeau planning more stimulus spending.

BOE Splits Between Insiders and Outsiders Over Subzero Rates

30 Nov 2020  |  NDTV Profit
The article discusses the internal dynamics within the Bank of England's Monetary Policy Committee (MPC), highlighting historical disagreements between internal and external members over policy decisions. Key events include a 1999 dispute over support staff, a 2005 dissenting vote by Governor Mervyn King, and a 2012 revolt by external members over a secret lending program.

Black Friday, Sideways Activity, U.S. Trade Relations: Eco Day

27 Nov 2020  |  financialpost.com
Economic activity in the U.S. and Canada has continued to move sideways in the last week of November, with levels still significantly below pre-crisis standards. Europe's activity slowed again. Focus on Russia may decrease under President-elect Joe Biden, potentially reducing the likelihood of harsh sanctions. France and Germany are initiating early contact with Biden's team to expedite talks on U.S.-EU trade relations. An informal U.S.-led alliance aims to offer a transparent alternative to China's Belt and Road Initiative. China's imports of U.S. goods have slowed, making the phase-one trade deal's full-year target unlikely to be met. Emerging economies are experiencing varied downturns and recoveries, with China leading, Turkey's rebound strong but unsustainable, and Brazil and South Africa not expected to reach pre-virus peaks through 2021.

Young People Are the Big Losers of the Covid-19 Crisis

26 Nov 2020  |  NDTV Profit
The Covid-19 pandemic has economically impacted young people more severely than other age groups, with significant effects on education, social opportunities, and future government benefits. Tilman Kuban, from Angela Merkel's party, describes young people as 'triple losers' in this crisis. Unemployment rates among 15-24 year olds in Group of Seven economies highlight the extent of the issue.

Yellen Selection, Central Bank Stress, Trade Relief: Eco Day

24 Nov 2020  |  NDTV Profit
Joe Biden's selection of Janet Yellen as Treasury secretary signals an aggressive approach to reviving the U.S. economy, with positive reactions from Wall Street. The ongoing COVID-19 pandemic is pressuring central banks and governments to stimulate demand, while strong financial institutions in Peru and trade powerhouses in Asia provide some economic stability amid global challenges.

Black Friday, Rising Tensions, Perfect Trade Storm: Eco Day

23 Nov 2020  |  NDTV Profit
The U.S. economy faces a busy week culminating in Black Friday, with rising tensions as the Trump administration plans to restrict Chinese companies' access to U.S. technology exports. The global economy, impacted by the U.S.-China trade war and the COVID-19 pandemic, is expected to see a contraction in 2020 followed by growth in 2021. The U.K. has agreed with Canada to maintain current trading conditions post-Brexit and aims for a broader future deal.

Black Friday, Rising Tensions, Perfect Trade Storm: Eco Day

23 Nov 2020  |  financialpost
The U.S. economy faces a busy week culminating in Black Friday, with the Trump administration preparing to restrict 89 Chinese companies from accessing U.S. technology exports due to military ties, potentially escalating tensions as the Biden administration takes over. The global economy, impacted by the U.S.-China trade war and the COVID-19 pandemic, is projected to contract by 4.1% in 2020 but rebound with 4.9% growth in 2021. The U.K. has agreed with Canada to maintain current trading conditions post-Brexit and will negotiate a broader deal for closer ties.

Stimulus Clash, Libor Deadline, Argentine Soybeans: Eco Day

20 Nov 2020  |  NDTV Profit
Top U.S. economic policy makers are in disagreement over the continuation of emergency lending programs, with Treasury Secretary Steven Mnuchin advocating for the redirection of unspent stimulus funds and Atlanta Fed President Raphael Bostic opposing the move. The Covid-19 recession is disproportionately affecting young Americans, particularly Millennials and Generation Z. The financial industry faces a deadline to move away from the Libor benchmark, and Argentina is experiencing significant agricultural losses due to night-time raids on soy bags. Economic activity in Europe shows signs of stabilization, while Canada's post-lockdown economic rebound is expected to slow down in early 2021.

Stimulus Clash, Libor Deadline, Argentine Soybeans: Eco Day

20 Nov 2020  |  financialpost.com
U.S. Treasury Secretary Steven Mnuchin and Atlanta Fed President Raphael Bostic have expressed opposing views on the preservation of emergency lending programs amid the risk of a renewed economic downturn due to the resurgent coronavirus. Mnuchin suggests redirecting unspent stimulus funds, while Bostic warns against letting Fed emergency lending programs expire. Additionally, the financial industry faces a deadline to move away from the Libor benchmark, and Argentina is experiencing the destruction of soy bags valued at $100,000. Economic activity in Europe shows signs of stabilization, and Canada's post-lockdown economic rebound is expected to slow in the first quarter of 2021.

An investigative report on Ghanaian fish farming and its relationship to the ongoing sustainability discussion.

An exclusive interview with leading International Relations academic, John Mearsheimer

The history of anti-racist student occupation movements in the UK – gal-dem

15 Jul 2020  |  gal-dem.com
The article discusses the history and impact of student activism in the UK, focusing on anti-racist movements and university occupations. It highlights several cases, including the Goldsmiths Anti-Racist Action (GARA) in 2019, the occupation at Warwick University in response to a speaking invitation to an Israeli Defence Force Colonel, and the 1960s protests at the London School of Economics against the appointment of Walter Adams. The article reflects on the role of students of color in these movements and the challenges they face, such as violence from university responses and the involvement of white allies. It also touches on the support from organizations like the National Union of Students (NUS) and the ongoing influence of student activism on policy change and social justice issues.
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