The EC improved GDP growth expectations on the global scale for this year to 5.7% from May's 5.6%, the EC's autumn forecast states. The estimate for 2022 is raised to 4.5% from May's 4.3%, with growth of 3.5% expected in 2023. The growth outlook for developed economies stays strong at 5.4% in...

France will resume building nuclear reactors for the first time in decades, French President Emmanuel Macron said. "We need to save energy and invest in low-carbon energy to guarantee France's energy independence... We intend, for the first time in decades, to resume building nuclear reactors in...

The director of the US Centers for Disease Control and Prevention (CDC), Rochelle Walensky, has approved a recommendation allowing children aged 5 to 11 years to be vaccinated against COVID-19, according to the institution's website. The vaccination uses a paediatric version of the Pfizer/BioNTech...

The UK and New Zealand have reached agreement in principle on the terms of a future free trade agreement, according to the Office of the British Prime Minister. The agreement will remove tariffs on British exports, provide new opportunities for technology and services companies, and make it easier...

The Climate Transparency Report, compiled by 16 research organisations and environmental activists in the run-up to the Glasgow climate summit, shows that G20 countries will be close to pre-G20 levels by the end of this year. While CO2 emissions fell by 6% in 2020, they will rise again by 4% at the...

$8 billion must be raised to help vaccinate 40% of the world's population against the coronavirus by the end of the year, UN Secretary General António Guterres said. He also complained once again about the lack of a mechanism to distribute vaccines among countries. Mr. Guterres discussed the...

The US authorities have announced that they are ready to make exceptions to a number of duties on Chinese imports imposed by Donald Trump's administration. The tariffs, which average more than 15%, now cover $370bn worth of shipments to the US. The duty cuts are likely to be driven primarily by...

Approaches to managing data flows and the digital economy as a whole vary widely among leading countries, according to a UN Conference on Trade and Development (UNCTAD) report published yesterday. For example, the US approach emphasises control by the private sector, Chinese one - by the government...

According to Pfizer CEO and Chairman Albert Bourla, normal life in the world should return back within a year. He also said that people would likely also need to take Covid-19 vaccination shots every year.   “Within a year I think we will be able to come back to normal life,” Bourla said in...