Ngozi Okonjo-Iweala has been appointed the new chief of the World Trade Organization, becoming the first woman and African to ever lead the institution.
School closures have a clear negative impact on children's health, the United Nations health agency has warned.
Policymakers in affected countries will have to strike a balance of not drawing too much ire from the U.S. and avoiding excessive currency strength amid a weaker U.S. dollar, says Erik Nelson at Wells Fargo Securities.
The latest measures to address the second wave of Covid-19 infections in Europe could lead to higher unemployment, the permanent closure of many businesses and even more national debt. The French statistics office said before news of the latest lockdown that it expects economic activity to settle at "5 percent below its pre-crisis level" during the third quarter. Data from the German statistics office showed that the restaurant industry experienced a more-than 40 percent drop in turnover between March and August compared with the same period a year earlier.