01/02/2023

Growth next year will not make up for commodity price shocks, payment crises and, more recently, Covid-19.

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Uber expects to write down the value of its investments by between $1.9bn-$2.2bn, blaming the continued impact of the coronavirus pandemic, as it withdrew its guidance for the year ahead.
Boeing plans to restart making commercial aircraft at plants in Washington state next Tuesday — four weeks after the coronavirus pandemic led to their closures.
The Bank of Mexico reasserted its autonomy and turned down a request from President Andrés Manuel López Obrador to advance some of the expected windfall on its foreign currency reserves by several months as the country fights coronavirus, stressing the need to respect the law.
A group of House Republicans has called for the resignation of World Health Organization head Tedros Adhanom Ghebreyesus, while urging President Donald Trump to continue US funding for the global body if the director-general resigns.
Jair Bolsonaro on Thursday fired his health minister following an acrimonious feud between the two men over the Brazilian president’s vocal opposition to physical distancing measures.
US governors from seven midwestern states have agreed to co-ordinate moves to re-open their economies, in the latest effort to ensure they open in a way that does not hurt their neighbours.
John Williams, the president of the New York Fed, has warned that the “full scale of the economic consequences is still unknown” when it came to the coronavirus pandemic, as he called for “innovative thinking and bold action” in the economic response.
Mark Zuckerberg has cancelled all of Facebook’s large physical events through to June 2021 in a ramped-up effort to limit the spread of coronavirus.