Taliban spokesman says Pakistani aircraft bombed civilian homes in Khost and Paktika provinces, killing women and children
The world economy will bounce back to its pre-pandemic levels by the end of next year, a global watchdog predicted Tuesday, though that recovery will be uneven across the countries and big risks remain.
In a wide-ranging report on the economy, the Organisation for Economic Cooperation and Development said that progress on coronavirus vaccines means that the outlook has improved for the first time since the pandemic began.
“The road ahead is brighter, but challenging,” wrote Laurence Boone, chief economist at the OECD, in the report.
It predicts the global economy will shrink about 4.2 per cent this year and rebound by the same rate in 2021 before growing 3.7 per cent the following year.
China, which has brought its virus infections under control better than many major economies, will account for a big part of that economic recovery, while Europe, Japan and the U.S. will lag, the OECD said.
The organisation, which advises countries on economic policy, said that governments should continue to support people who have been hit hardest by the pandemic and the restrictions on public life and businesses.
It recommends investing public money in areas that deliver long-term benefits like health care, education, reducing inequality and fighting climate change. Global cooperation is sorely needed to maximize the impact of government efforts to bring the economy back to health.
“International cooperation has faltered in recent years, just when it was needed more than ever,” Boone said.
Taliban spokesman says Pakistani aircraft bombed civilian homes in Khost and Paktika provinces, killing women and children
Halep accepted a wild card into the Miami Open after her four-year doping ban was cut to nine months by the top court for global sport
Employers must pay for the health coverage of their registered workers while issuing or renewing their residency permits
Report says Apple is seeking to partner with Google for its next iOS operating system release
Dubai Municipality announced 'Best Homegrown Produce Competition' to encourage everyone to exploit all available spaces to cultivate crops, achieve self-sufficiency
Under the strategy, nearly seven billion Saudi riyals will be earmarked for poultry expansion
The individuals were transported to Madinat Zayed Hospital to receive necessary treatment
The fact-finding mission tells UN Human Rights Council that the death was caused by physical violence in the custody of state authorities