January 11, 2022/World Bank Group Spread of COVID-19 Variants Alongside Inflation, Debt, and Inequality Intensifies Uncertainty Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery […]
World News
A more sustainable future for Izmir
January 14, 2022/EBRD By Olga Aristeidou More than half of the world’s population lives in cities. With highly energy-intense buildings and transport networks that rely mainly on private cars, it is no surprise that cities consume around 78 per cent of the world’s energy and produce more than 60 per cent of its greenhouse […]
Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2021
January 14, 2022/US Federal Reserve The Federal Reserve Board on Friday announced preliminary financial information indicating that the Reserve Banks had estimated net income of $107.8 billion during 2021, of which $107.4 billion was remitted to the U.S. Treasury as required under the Federal Reserve Act. The Federal Reserve Act […]
