Major economies should inject 'significant' support for global economy: Yellen

In a statement to the steering committees of the International Monetary Fund and the World Bank, Yellen underscored the need to continue supporting the world’s poorest countries as they grapple with the COVID-19 pandemic, climate change and high debt burdens.

She urged the World Bank to support developing countries and ensure they get timely access to COVID-19 vaccines, and said the United States supported accelerated negotiation to replenish the World Bank’s International Development Association fund for the poorest countries.

Source: Economy -

Brussels fails to win round critics of tighter Covid vaccine export curbs

New state unemployment claims rose again last week.