Tag: Economy

Pope Francis urged the faithful to pray "to prevent the poor from paying the consequences" of "financial speculation"

Developing Asia, which groups 45 countries in the Asia-Pacific, is forecast to grow 7.3% in 2021, the ADB said

The pope repeated his call for the cancelation of debts of poor countries that he first made in his Easter “Urbi et Orbi” address last year

The Global Risks Report said many young people are now entering the workforce in “an employment ice age”

The pandemic has wreaked havoc with the Vatican's finances, forcing it to dip into reserve funds

The World Bank said the country needs to sustain focus on its structural reform agenda to hasten economic recovery

Gravity of current situation demands a responsible stand be taken by all social actors with young people at forefront, pope says

The government has approved measures to further open up the economy in the fourth quarter, subject to enforcing minimum health standards

“Their forced transition from being drivers to beggars, during this pandemic … compels us into grave concern,” said the religious groups

Imports from garment-exporting countries in Asia dropped by up to 70 per cent in the first half of 2020 due to collapsing consumer demand