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Xi vs Biden, petrol prices in Lebanon, and Nigerian bank workers
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The toll of anti-LGBTQ laws, UN SDGs, and Turkey s wealth amnesty | Business and Economy News
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There has been no shortage of headline-grabbing business and economic stories this week.
Once again, the pandemic topped the global news agenda with India’s devastating second wave of COVID-19 infections. But there was also good news: United States President Joe Biden’s administration joined dozens of other nations in backing a plan to waive patent protections on COVID vaccines and boost the global supply of jabs, particularly for less-developed countries.
We’ve rounded up the numbers to know this week, including a sobering read on the labour market recovery in the US; an uplifting (literally) milestone from private space company SpaceX; a high-profile divorce announcement from two of the biggest names in philanthropy; and plenty of crypto-mania, including a regulatory crackdown that came too late for some Turks.
It’s been a week of wild weather for regions across the globe from snow in Jerusalem to a deep freeze in Texas.
After you dry your socks off and shake the snow out of your hair, pour yourself a cup of hot chocolate and dig into the biggest business and economic news stories you might have missed this week. We promise it’s more interesting than refreshing your weather app.
Five
The number of times the United States has successfully landed a rover on Mars. Perseverance became the fifth rover to touch down on the Red Planet Thursday after a journey of 480 million kilometres.