Economic development

The virus that shut down the world: Economic meltdown

With millions forced to work from home this year, offices and shops closing as part of containment measures, and travel severely curtailed everywhere, it was inevitable that the economy would suffer. In part five of our look back at 2020, we focus on the seismic effect that COVID-19 has had on the global economy.

News in Brief 23 September 2020

  • Impact on workers of COVID-19 is ‘catastrophic’: ILO 
  • Mali: independent rights expert calls for ‘immediate release’ of former officials detained during coup  
  • South Sudan’s ‘epic’ corruption is preventing country’s peaceful future
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'Temporary Basic Income' could slow COVID surge, provide lifeline for world’s poorest

The immediate introduction of a Temporary Basic Income for the world’s poorest people could slow the current surge in COVID-19 and enable close to three billion people to stay at home, according to a United Nations Development Programme (UNDP) report released on Thursday.

Stand in solidarity to preserve Africa’s hard-won progress, urges UN chief

The coronavirus pandemic threatens the hard-earned gains Africans have made throughout the continent, the UN chief said on Wednesday, urging the world to stand in solidarity with the people, “now, and for recovering better”.