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The increase in long-term interest rates has generated some anxiety in the markets, but this should not pose a threat to global growth.
Climate change is an unstoppable wave on the horizon where consumption or investment decisions and public policies are made. Climate change mitigation must be bolstered by measures to adapt to its effects. In so doing, its impacts will be felt in waves rather than a tsunami.
Diversity and representation of all population groups in the economy is a necessary factor in order to achieve a high and sustainable recovery. In this way, the inclusion of women becomes even more important, mainly because of the additional responsibilities and vulnerabilities caused by the pandemic.
In February, the economy added 379,000 nonfarm payroll jobs while the unemployment rate edged down to 6.2%. To secure a faster recovery, policymakers should continue provisioning ample fiscal and monetary support. Premature removal of either could threaten the prospects of the recovery.
The annual “two-sessions” of China, namely the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC), commenced in Beijing on March 4th 2021 and will be last for around one week, which are always the top priority in China’s political agenda every year.