Tag Archives: World economy

Dubai is cashing on on the 2022 Qatar World Cup

[ad_1] A yacht that can be rented to watch the World Cup while sailing around Dubai is docked in Dubai harbor on November 1, 2022, ahead of the Qatar 2022 FIFA World Cup football tournament. Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images) Giuseppe Cacace …

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U.K. lags OECD average with pandemic GDP recovery

[ad_1] LONDON — U.K. growth has lagged the world’s biggest economies since the Covid-19 pandemic and is substantially below the OECD average, according to a new report from the influential Paris-based group. U.K. gross domestic product has contracted by 0.4% between the fourth quarter of 2019 and the third quarter …

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What a long-term weak pound means for the U.K. economy

[ad_1] A British one pound coin sits in this arranged photograph in London, U.K. Bloomberg | Bloomberg | Getty Images LONDON — The British pound‘s exchange rate against the U.S. dollar has been on a rollercoaster ride in recent months. After a year of steady decline, it plunged to an all-time …

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Rich countries alone cannot close funding gap for climate change

[ad_1] Public aid and funding from governments of developed countries alone won’t be enough to close the funding gap on climate change initiatives in developing countries, IMF chief Kristalina Georgieva told CNBC.  More private investments are needed to help developing countries to meet their climate change targets, said the managing …

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