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Pope calls on politicians to create jobs for post-pandemic world

Vatican CityAP Pope Francis called on politicians to create jobs so that economies can relaunch from the lockdowns imposed to combat the coronavirus pandemic. The Pope, speaking after the traditional Sunday blessing, said that ‘’without work, families and society cannot go forward. Let us pray for this, because this will be a problem in the […]

Farmers prosper in pandemic as Americans shop local

Coronavirus US farming

Washington DC, USThomson Reuters Foundation With restaurants shut and grocery stores posing a coronavirus risk, some Americans are ordering food directly from the farm – a trend small-scale producers hope will outlast the pandemic.  It could be one of the few economic upsides to a crisis that has emptied high streets and felled business as […]

Global powers unleash trillions of dollars to stem spiralling coronavirus crisis

Coronavirus US Man in Manhattan

Washington DC, US/London, UKReuters The world’s richest nations prepared more costly measures on Tuesday to combat the global fallout of the coronavirus that has infected tens of thousands of people, triggered social restrictions unseen since World War Two and sent economies spinning toward recession. With the highly contagious respiratory disease that originated in China racing […]

Climate change will cripple economies regardless of countries’ wealth – report

US tornado

New York City, USThomson Reuters Foundation Climate change will damage the economies of countries whether they are rich or poor, hot or cold by the year 2100, economists said in a new report, dispelling the notion that impoverished, warm countries will suffer the most on a warming planet. Researchers who examined data from 174 countries […]

Rising heat will chill poor countries’ economies, costing billions

Thomson Reuters Foundation Rising temperatures in a warming world will cost poor countries tens of billions of dollars annually as they are less able to keep their workers cool, analysts said on Thursday. Over the next 30 years, manual labourers in the agriculture, mining, oil and gas, and manufacturing sectors – which are the most […]