bibi1581.com

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2…………> China To Support Having a 3rd Child

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China will support couples who wish to have a third child, as the aging of the country’s population, (accounting for 18.7% of the country’s total in 2020, 5.44% points higher than that in 2010), has been increasing in extent in recent years, and the new policy, aimed at raising China’s fertility rate, meets the needs of building a birth-friendly society. Implementing the policy and its relevant supporting measures will help improve China’s population structure, actively respond to the aging population, and preserve the country’s human resource advantages.

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/http://www.xinhuanet.com/english/2021-06/01/c_139981452.htm

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3………..> Job Loss Recovery: Not Until 2023?

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The loss of jobs during the coronavirus pandemic has destroyed “five years of progress”, according to a new UN report,  and the situation is not expected to recover any time soon, with the global job growth will not recover to pre-pandemic levels until 2023, and the World Employment and Social Outlook report for 2021 projects that at least 220 million people were expected to be left unemployed this year, with only a slight improvement predicted for next year.

The global labor market was hit hard by the coronavirus pandemic, and slow recovery projects an unemployment figure of 205 million in 2022, still above the 187 million figure for 2019:

“Employment growth will be insufficient to make up for the losses suffered until at least 2023,” the report said.

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https://www.dw.com/en/employment-will-not-recover-from-covid-pandemic-until-2023-report/a-57764946
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4………..> Run On The Dollar: Russia
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ST. PETERSBURG (Sputnik) – The Russian Ministry of Finance will introduce changes to the structure of the National Wealth Fund within a month, as the share of the US dollar will decrease to zero and the share of yuan will grow to 30 percent:

“Just as the Central Bank, we made a decision to reduce the National Wealth Fund investment in dollar assets … We made a decision to abandon the dollar assets completely and to increase the share of euros and gold instead. The share of dollars will amount to zero, euros – 40 percent, yuan – 30 percent, gold – 20 percent, pound and yen – 5 percent each”, Siluanov told reporters at the St. Petersburg International Economic Forum (SPIEF).
According to the finance minister, this will happen “quite quickly, within a month”.

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https://sputniknews.com/business/202106031083064725-russian-national-wealth-fund-to-decrease-share-of-dollar-to-zero-finance-minister-says

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