HE the President of the Planning and Statistics Authority (PSA) Dr Saleh Mohamed Salem al-Nabit said that Qatar is on the right path towards building a diversified and sustainable economy in order to achieve its Qatar National Vision 2030 goals.
South African tourism was just getting back on its feet when local scientists’ discovery of the new Omicron coronavirus variant prompted a slew of travel curbs that threaten to bring more pandemic gloom to the country’s fragile economy.
Fears that Omicron might be resistant to existing vaccines shaved roughly $2tn off global stocks on Friday, but markets settled down on Monday.
Visions of spiralling wage inflation in the euro zone have dominated the talking points of conservative central bankers in recent weeks as they called for a moderation in central bank stimulus.
As the world continues to reel from the devastating Covid-19 pandemic, which is completing its two-year run on the planet, the panic button is being pressed again with the surfacing of newly discovered B.1.1.529 strain.
Risks of a new Covid-hit to economic activity are clobbering expectations for rate hikes next year from the world’s major central banks, a potential setback for the dollar and other currencies where wagers had been most aggressive.
The ocean covers more than 70% of our planet’s surface, produces half of the oxygen we breathe, feeds billions of people, and provides hundreds of millions of jobs. It also plays a major role in mitigating climate change: over 80% of the global carbon cycle passes through the ocean.
Italian Prime Minister Mario Draghi and French President Emmanuel Macron are on track to sign a bilateral accord – the so-called Quirinale Treaty named after the Roman palace – designed to boost their countries’ industrial and strategic co-operation.