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Runsewe Hosts Diplomatic Community to Herald 2021 INAC Expo
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Oulanyah s call for debate on the Uganda we want is critical
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We Supported COVID-19 Fight with N350m, Says Union Bank
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It is difficult to calculate the real impact of COVID-19 pandemic on the global economy. According to World Bank’s Global Economic Prospects report, the global economy probably shrank by 4.3% in 2020 due to the ongoing pandemic.
China’s economy grew by 2.3% last year - the slowest pace in four decades. China’s strict lockdown measures, targeted support to businesses and rapid vaccination drive have put the economy back on a growth path with 6.5% growth in the last three months of 2020.
Launched in 2013, Belt and Road Initiative (BRI) strategically focused on leveraging the physical proximity advantage by reaching out to 138 countries. By early January 2020, BRI had planned to invest more $3 trillion in 2,971 projects.
World Military Spending Rose in 2020, India by 34% the Past Decade Indians bear the third largest military burden in the world
UNITED NATIONS (IPS) - The United Nations which is desperately seeking funds to help developing nations battling a staggering array of socioeconomic problems, including extreme poverty, hunger, economic inequalities and environmental hazards has continued to be one of the strongest advocates of disarmament.
The world body has relentlessly campaigned for reduced military spending in an attempt to help divert some of these resources into sustainable development and humanitarian assistance.
But according to a new report released April 26 by the Stockholm International Peace Research Institute (SIPRI), world military expenditure rose to nearly $2 trillion in 2020, an increase of 2.6 percent, in real terms, from 2019.