Date
01/03/2021
It has now been one year since the devastating effects of the first wave of the COVID-19 pandemic hit our shores, a year marked by heartbreak and hardship.1 We look forward to a brighter time ahead, when vaccinations are widespread, the recovery is broad based and inclusive, and the economy fully springs back to life. But we should not miss the opportunity to distill lessons from the COVID shock and institute reforms so our system is more resilient and better able to withstand a variety of possible shocks in the future, including those emanating from outside the financial system.
the united states planning to give up remaining control over the internet. the management of domain names and other important technical aspects. international critics have been pushing for the move by the obama administration, but this plan is alarming some u.s. business leaders and others who rely on the web s smooth functioning, not to mention all its freedoms. elizabeth prann in washington with more. reporter: hi, gregg. the u.s. is giving up its leading role in managing certain aspects of the internet. the commerce department has been overseeing the internet corporation for assigned names and numbers for almost a decade. they maintain the ministers domain names and i.p. addresses and other web requirements across the world. that, however, is scheduled to expire next year. it appears the u.s. will give up its oversight role and let the contract run out. the job will be taken on by a group that includes private businesses and other interested parties, not just multiple