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Will galloping digitalization widen tech divide, inequality?

Much has been said about the coronavirus pandemic hastening the expansion of the digital economy worldwide, but this development masks the yawning technology gap that exists. For example, the inte

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Can digitalization save Latin America?

When it comes to digitalization, the economies of Latin America and the Caribbean have a lot of catching up to do.Doing so, however, offers them the biggest avenue for significant economic transfo

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Can the world solve the vexed issue of vaccine equity?

/CFP COVID-19 vaccines are now among the world's most precious commodities, especially if you live in a developing nation.By the reckoning of the international charity Oxfam, rich nations have

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Resilient remittances defy gloomiest pandemic predictions

/VCG Early in the coronavirus pandemic, the World Bank predicted that the cash sent home by migrants from developing nations would fall by about 20 percent globally in 2020. But remittances ha

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IMF economists expect tourism scars from pandemic will linger

After a disastrous 2020 for tourism caused by the coronavirus pandemic, industry planners hope that clear signs of green shoots will emerge in the international travel trade sometime this year.But

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'No vaccine for violence': America endures steep rise in murders

Handguns are displayed during the National Rifle Association's annual meeting and exhibits at the Kay Bailey Hutchison Convention Center, Dallas, Texas, U.S., May 5, 2018. /VCG The United Sta

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Will Biden succeed in rebuilding bridges in Latin America?

/VCG Joe Biden's extensive experience working with Latin America has given rise to expectations that he will pay far greater attention to the region than the man he is replacing as United Stat

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Outlook bleak as jobless rate surges in Latin America

The International Labor Organization (ILO) has delivered a grim forecast for the job market in Latin America after the battering it has received as a result of the coronavirus pandemic."We are ent

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COVID-19 blamed for steep drop in foreign investment in Latin America

Latin America and the Caribbeanwill experience the largest drop in foreign direct investment (FDI) this year of up to 55 percent, a new report has said."As a consequence of the crisis derived from

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New virus cases deal further blow to embattled cruise ship sector

No sooner had a limited number of passenger liners resumed cruising on the high seas after a hiatus caused by the coronavirus pandemic that the negative headlines resurfaced.Over the past few days

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Africa can reap long-term gains from free trade deal: World Bank

The Africa free trade agreement has often been touted as a huge deal for the continent.But the importance of what's officially called the African Continental Free Trade Area (AfCFTA) should the go

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Pandemic could undermine stability, even in Europe: Think tank

Will COVID-19 make the world a less peaceful place in the year ahead?A global think tank, the Institute for Economics and Peace, raises that unhappy prospect in a special focus on the disease in i

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Hurricane season starts as wary Caribbean reels from COVID-19

The Bahamas was just months into recovering from one of the strongest Atlantic storms ever to hit land when COVID-19 struck.Like many countries in the Caribbean who depend heavily on tourism reven

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The workers suffering the most during lockdown

For many developing and emerging economies, the unprecedented upheaval caused by the coronavirus pandemic has been the most stark in the informal sector.This sector, also known as the shadow or un

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What now? A 'pandemic' of race hate, virus fraud and domestic abuse

During the coronavirus pandemic, most of the concerns about personal safety have tended to be about the provision of protective equipment.The saying "stay safe" at this time is generally being tak

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Loss of remittances will damage many countries

The announcement by U.S. President Donald Trump that he intends to suspend immigration to the United States in response to the coronavirus pandemic is further evidence of the extra pressure that m

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The country whose economy may grow above 50% despite the pandemic

In the latest revised forecast for Latin America and the Caribbean by the leading multilateral financial institutions for 2020, the economy of just one nation is certain to grow this year.Guyana,