Category Archives: Economy

11Feb/21

Generation Tackles Global Unemployment With BlackRock, McKinsey & Company, Microsoft Corp. and Verizon

Generation to transform employment systems, support new research, and serve 75,000 people over the next two years with $77 million in new funding and $50 million in in-kind resources

WASHINGTON, Feb. 11, 2021 /PRNewswire/ — Generation, the non-profit global employment organization, has secured $77 million in new funding and $50 million in in-kind resources from BlackRock, McKinsey & Company, Microsoft Corp., and Verizon, to accelerate its work in tackling unemployment across 14 countries around the world. This combined commitment will allow Generation to support people who face systemic barriers to employment — particularly young adult and midcareer workers — as COVID-19 continues to threaten jobs and global economic growth. Continue reading

29Jan/21

Why 2020 has proved the power of female leadership


The year 2020 will go down in modern history as the year in which the power of female leadership was brought to the fore. 

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16Jan/21

Engagement Of Highgate Advisory Ltd As The GRZ Communication Advisor For The Debt Management Process

LUSAKA, Zambia, Jan. 15, 2021 /PRNewswire/ — As part of Government’s ongoing process aimed at restoring Zambia’s public debt sustainability, it became necessary to engage a specialized communication firm with experience in debt restructuring related communication to ensure effective communication with all creditors and stakeholders. It is international best practice for countries restructuring their external debt to hire a financial advisor, a legal advisor and a communication advisor to assist in the restructuring process. The Government of the Republic of Zambia organized an international tender in line with the provisions of the Public Procurement Act: five international firms were invited to participate and three submitted their proposals. Continue reading

10Jan/21

Boston Startup Building a New Way to Work in West Africa

Ajuma Technologies, Ltd. has announced their plans to launch in early 2021. Ajuma Technologies is reinventing how West Africans work by putting small businesses and self-employed workers at the center of the experience. Their mobile app, Ajuma, is a platform that combines a service marketplace and a business management/booking platform into a single app. It was built specifically with West Africa’s numerous small businesses and freelancers in mind. Continue reading  

01Jan/21

CGTN: After ‘extraordinary’ 2020, what are Xi Jinping’s expectations for 2021?

BEIJING, Jan. 1, 2021 /PRNewswire/ — 2021, a year that marks the beginning of China’s new five-year plan period and the 100th founding anniversary of the Communist Party of China (CPC), is knocking at the door. Continue reading

22Sep/20

FORTUNE Announces Sixth Annual Change the World List of Companies That Are Doing Well By Doing Good

Today, FORTUNE reveals its sixth annual “Change the World” list, which showcases over 50 companies that have made an important social or environmental impact through their profit-making strategy and operations this year. Companies are recognized for innovative business strategies that positively impact the world. This year’s list includes 28 companies from the U.S. and Canada; 10 from Asia and the Middle East; 8 from Europe; and 3 each from Africa and Latin America. Read more

21Sep/20

National Survey Shows COVID-19’s Newest Side Effect – as Unemployment Jumps, Millions Are Left Without Health Coverage

A series of national surveys of more than 13,000 people shows COVID-19’s newest emerging threat: unemployment leaving millions of Americans without health coverage. The consolidated survey, “The State of Health Insurance in COVID-19 America,” was conducted by Civis Analytics and released with support from Finn Partners. Fielded across each season of 2020 (in February, June, and September), the survey reveals a stark picture of the future health of the nation and the widening divide between white and Black Americans’ health. As uninsured numbers rapidly climbed 2.7% (from 12% in February to 14.7% in September), approximately 6.7 million more people lost their health insurance. There are now more than an estimated 36 million Americans uninsured. Read more

18Aug/20

CRU: Five features of the pandemic recovery

The economy is in the midst of a recession triggered by a health crisis. That makes this recession unusual and different. Here we examine how this recession compares to previous recessions. From that we infer key features of the pandemic recovery. We conclude that demand in most commodity end-use sectors – construction and manufacturing – is likely to be more resilient than normal, because the COVID-19 recession is primarily a service sector recession. The automotive sector is an exception, however, and experiences a slower recovery in light of the structural challenges it faces with respect to climate policy. Read more

05Aug/20

Customer Experience Outsourcers Launch Intelligent and Self-service Options to Improve Business Outcomes in Europe

Frost & Sullivan’s recent analysis, European Customer Experience Outsourcing Services Market, 2020, reveals that outsourcers are increasingly relying on advanced technologies to meet client requirements in the customer experience (CX) outsourcing services industry. The European market is mature and characterized by demands for specific languages, cultural affinity, and nearshoring. COVID-19 has adversely affected the industry in 2020 and Frost & Sullivan expects total market revenue to reach €16.23 billion, a 7.5% decline. Read more