IMF Regional Economic Outlook for Europe
With new waves of COVID-19 infections hitting Europe, the recovery remains halting. However, vaccinations are progressing and thus Europe’s GDP growth is projected to rebound by 4.5 percent in 2021. Policymakers need to prepare measures to stimulate hiring and investment once the pandemic is under control.
Source: International Monetary Fund
Retail giants look to greener cargo ships to meet climate goals
Pressure from some of their biggest customers is pushing companies like global shipping giant Maersk to pollute less when they transport goods. It’s a sign that individual companies’ commitments to tackling climate change can influence others along the entire supply chain.