global
Washington (AFP) - In Washington they paused; in Frankfurt they hiked; and in Beijing they cut. Central bankers in three of the world's key economic regions have unveiled divergent monetary policies this week as they each contend with their own challenges. The moves reflect the different economic headwinds faced by the Eurozone, the United States and China, and also where they are in their cycle of monetary policy. The US Federal Reserve began rapidly and aggressively raising rates in March last year, while the European Central Bank (ECB) adopted a more gradual approach to monetary tightening...
AFP
Geneva (AFP) - World leaders must make a "new commitment" to a more equal distribution of coronavirus vaccines to bring the pandemic under control, the heads of four major global organisations said Tuesday. Their joint rallying cry, and calls for tens of billions of dollars more in funding, comes as concerns rise that vaccine inequality between wealthy and poor nations is further complicating and prolonging a pandemic that has already killed more than 3.5 million people globally. In their appeal, the heads of the World Health Organization, World Bank, International Monetary Fund and World Trad...
AFP
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