David Malpass

A Covid-weary world is facing a distressing reality check

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A Covid-weary world is facing a distressing reality check

Just a few weeks ago, much of the world seemed poised to leave Covid behind. U.S. President Joe Biden declared the U.S. close to independence from the virus. Britons hit the dance floor to celebrate “Freedom Day.” Singapore’s legendarily strict government signaled it would begin to loosen its zero-cases approach and make life and travel … Read more

By 2021, as many as 150 million people likely to be in extreme poverty due to COVID-19: World Bank

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By 2021, as many as 150 million people likely to be in extreme poverty due to COVID-19: World Bank

WASHINGTON: The World Bank on Wednesday warned that by 2021, as many as 150 million people are likely to be in extreme poverty because of the coronavirus pandemic and countries will have to prepare for a “different economy” post-COVID by allowing capital, labour, skills and innovation to move into new businesses and sectors. The COVID-19 … Read more