The US monetary policy should remain highly accommodative in 2021, despite large-scale fiscal stimulus and an expected economic recovery starting later this year. Against a backdrop of recovering global demand and ample liquidity, many emerging-market currencies that depreciated significantly in 2020 should appreciate this year. However, currency markets should remain sensitive to local economic conditions, and demand must favour countries with comparatively rapid vaccination rollouts.
Pfaffia glomerata is a medicinal plant largely used as an adaptogenic herb for many aliments. It is also applied in several other sectors such as biotechnology, cosmetics and pharmaceuticals. The adaptogenic action is attributed to the anabolic agent, beta-ecdysterone (β-ecdysone), as well as three new ecdysteroid glycosides, which are found in high amounts in Pfaffia glomerata roots. The root of Pfaffia also contains about 11% saponins. These saponins include a group of novel chemicals called pfaffosides as well as pfaffic acids, glycosides, and nortriperpenes. These saponins have clinically demonstrated the ability to inhibit cultured tumor cell melanomas and to help regulating blood sugar levels. Brazil is considered the greatest exporter of Pfaffia glomerata in the world. Due to the morphological similarity of its roots to those of Panax ginseng (Korean ginseng), the species became known as the Brazilian ginseng, but it is also known as fafia, suma, corango, paratudo.
The global COVID-19 pandemic is plunging the world into a socioeconomic and financial crisis of an unprecedented scale, in addition to the acute health crisis. Many of the gains achieved under the banner of the Sustainable Development Goals, an UN Agenda, are under threat. The crisis has exposed and exacerbated vulnerabilities and inequalities in both developing and developed countries, deepening poverty and exclusion and pushing the most vulnerable even further behind. This is a watershed moment.
On the other hand, the COVID-19 crisis also strengthens the call for a new multilateralism, in which global rules are calibrated towards the overarching goals of social and economic stability, shared prosperity and environmental sustainability and where chronic risks are recognized and addressed, enabling the protection of the most vulnerable countries.
Smart cities are cities where everything is connected to each other and this is highly depended on technologies. So let’s have a look at six international technologies for smart cities.
Technological literacy is a key to turn a city into smart city which is well connected, sustainable and resilient, where information is not just available but also findable. It is not a new thing that smart city is all about providing smart services to its citizens which can save their time and ease their lives. It is also about connecting them to the governance where they can give their feedback to the government as of how they want their city to be. And this aim can’t be turned into reality without technology.
Global warming is threatening our planet and living standards around the world, and the window of opportunity for containing climate change to manageable levels is closing rapidly. Carbon dioxide (CO2) emissions are a key driver of this alarming trend. Fiscal policy has an important role to play. This issue of the Fiscal Monitor argues that policymakers need to act urgently to mitigate climate change and thus reduce its damaging and deadly effects, including rising sea levels and coastal flooding, more frequent extreme weather events, and disruption to our food supply— key issues affecting all people globally.
Certainly, trade retains its central place in the global economy. Nearly every government in the world takes the view that trade must be on the menu of options to generate growth and jobs. But in a great many other ways, the nature of trade has changed immeasurably. Who would have imagined that China, on entering the WTO in 2001, would emerge as the world’s largest exporter?
Even the way we trade has changed immensely. In the past, goods were made in Mexico, or Mauritius or Malaysia. Today, goods are made in the world. The expansion of global value chains means that most products are assembled with inputs from many countries. Products cross borders frequently during various stages of assembly. Trade in intermediate goods is the most dynamic sector of international trade growing at a rate of 6% per year.
There are numerous public policies in Latin American countries that are funding the deployment of digital infrastructure, especially in less developed areas. Most of these plans are funded with industry revenues. Exceptions include the Telecommunications Development Fund in Chile and the Fund for Social Telecommunications Coverage in Mexico, which are funded from the public budget. This reflects the fact that the macroeconomic environment in Latin America does not favor substantial increases in investment funded by the public sector.
Concessional financing from international organizations and funds from multilateral development banks, such as the Inter-American Development Bank (IDB) and the Andean Development Corporation Development Bank of Latin America (CAF), can be mobilized in areas where domestic public resources are insufficient, and the private sector is unable to provide adequate financing.
With the expansion of the Internet, many businesses have now started to compete on a global scale. Whenever a business starts growing and expanding, entrepreneurs begin striving to become more competitive – either by importing or exporting goods. As these are the basics that make a business successful, here are some of the key benefits of importing and exporting that are worth considering.
Faster import clearance, duty savings, predictable costs, reduced regulatory oversight and a competitive advantage are all reasons to ensure that your business is compliant with international trade regulations. If you are an importer or exporter, you need a clear understanding of the rules that govern trade in your area. Here are a few of the legislative requirements and regulations you need to understand:
To ensure that better informed and smarter decisions are taken, some Customs administrations have already embarked on big data initiatives, leveraging the power of analytics, ensuring the quality of data (regarding cargos, shipments and conveyances), and widening the scope of data they could use for analytical purposes.