Will the US inflation data disturb the market?
Will the US inflation data disturb the market?
Following the lower-than-expected employment growth in the US in May, US government bonds rose on Friday. But an important report on consumer price inflation will provide investors with a new test.
Consumer price increase the fastest speed For more than 10 years in the 12 months ending in April, analysts expect it to recover even more since then, sparking concerns about the overheating of the economy.
Economists surveyed by Bloomberg expect that data released by the Labor Department on Thursday show that the year-on-year inflation rate in May will jump from 4.2% in April to 4.7%.
Photo for illustrative purposes only. (Photo courtesy of Shutterstock)
WASHINGTONÂ (The Strati Times/ANN) â As Covid-19 cases rise across Southeast and Northeast Asia, this time in some countries and cities in the form of faster-spreading variants, the livelihoods of hundreds of millions hang on whether there should be a lockdown, and to what degree.
By and large, the classic policy response to outbreaks has been lockdowns.
But lockdowns last year, while succeeding in lowering infections, contributed considerably to the global recession.
Yet lockdowns alone are not to blame for the recession, which was also driven by people voluntarily refraining from social interactions as they feared contracting the virus, the International Monetary Fund (IMF) noted last October.
Net Zero: Despite the Greenwash, It’s Vital for Tackling Climate Change
Corporations must take real steps to fight climate change over making vague commitments. May 15, 2021
By Richard Black, Honorary Research Fellow, Grantham Institute, Imperial College London; Steve Smith, Executive Director, Oxford Net Zero, University of Oxford; Thomas Hale, Associate Professor in Public Policy, University of Oxford
It might seem odd to find supporters of climate action debating the merits of a concept that science shows to be essential for halting climate change, and which is accordingly embedded at the heart of the defining global agreement.
Yet that is where we find ourselves with the concept of “net zero” the point at which any remaining emissions of greenhouse gases are balanced with absorption, halting further warming of the climate. The necessity of reaching net zero emissions globally is abundantly proven in science, and governments pledged in the 2015 Paris Agree
May 4, 2021
You are here: Home / Economy / World / 11 ways to align global economic governance with green new deal
11 ways to align global economic governance with green new deal
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This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Thomas Hale, Associate Professor of Public Policy, Blavatnik School of Government, University of Oxford
The clock is ticking to achieve global climate targets amid a devastating pandemic and financial crisis.
To aid recovery and the transition to a green economy we need global economic governance to enable transformation and stimulus at a national level.