Universal basic income the right prescription for Latin America & Caribbean – UN report

A new report by the Economic Commission for Latin America and the Caribbean (ECLAC) unveiled on Tuesday, proposes that governments ensure immediate temporary cash transfers to help millions of people struggling to meet basic needs, as the massive fallout from COVID-19 ripples across the region’s economies. Executive-Secretary Alecia Bárcena – launching the “The Social Challenge in Times of COVID-19” report, […]

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World Economic Situation, Prospects – Key messages

Amid prolonged trade dispute and wide‐ranging policy uncertainties, the world economy has suffered a significant and broad‐based deterioration, threatening setbacks to development goals. Rising tariffs and rapid shifts in trade policies have pushed global trade growth down to 0.3 per cent—its lowest level since 2009—and significantly curtailed investment. Bilateral trade between the United States and […]

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