Smarter Markets, Stronger Economies: AI-Driven Deregulation for the Digital Age
South Asia Economic Focus anticipates a sharp economic slump in each of the region’s eight countries, caused by halting economic activity, collapsing trade, and greater stress in the financial and banking sectors.
The continued sharp decline in working hours globally due to the COVID-19 outbreak means that 1.6 billion workers in the informal economy – that is nearly half of the global workforce – stand in immediate danger of having their livelihoods destroyed, warns the International Labour Organization.
lobal remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown. The projected fall, which would be the sharpest decline in recent history, is largely due to a fall in the wages and employment of migrant workers, who tend to be more vulnerable to loss of employment and wages during an economic crisis in a host country.
RESCUE EARTH TECHNOLOGY & ADVISORY LLP ( RETA LLP) recently developed two Environmentally Sound Technologies (ESTs). These ESTs developed by RETA LLP has received approval from World Intellectual Property Organization (WIPO).