Georgieva said an accelerated recovery from the COVID-19 pandemic in the United States, where growth is seen reaching 7% in 2021, would benefit many countries through increased trade, but rising inflation could be more sustained than expected.
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Amazon on Tuesday said it submitted its proposed development plans for the next phase of construction at its new headquarters in Arlington, Virginia. In addition to more traditional office buildings and retail spaces, the company’s plans include a unique, double helix-inspired building that will “feature two walkable paths of landscaped terrain that will spiral up the outside of the building,” Amazon said in a blog post.
July 13 (Reuters) – Patty Mills led Australia to a 91-83 win over the United States in an exhibition game on Monday but said the ‘Boomers’ still have a long way to go as they chase a first Olympic men’s basketball medal.
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“We understand, at the start of this campaign, that for us to be able to be really competitive and achieve our goals we need to hang our hat on the defensive end, especially against an athletic team like the United States,” Mills told NBC.
“The companies have been suffering for more than a year, look at the average level of consumption in Europe - businesses are not developing, they are just trying to survive,” said Hosni Boufaden, president of the FTTH.
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In 2018, Amazon selected two cities for its massive HQ2 expansion project, Long Island City and Arlington. However, public response in New York quickly , and Amazon canceled its plans to build a new campus in the city.
The Arlington site is known as PenPlace and sits just outside of Washington DC. It’ll include shops and restaurants, as well as more than 2.5 acres of public use space that’ll feature an amphitheater, dog park and forest grove, Amazon said.
In countries where the recovery was accelerating, such as the United States, it would be “essential” to avoid overreacting to transitory increases in inflation, Georgieva said. (Reporting by Andrea Shalal; Editing by Leslie Adler)
The Helix was designed by NBBJ, the same architecture firm that designed the “Spheres” at Amazon’s Seattle campus. It’ll sit alongside three new 22-story buildings that’ll provide office space for the 25,000 employees Amazon plans to accommodate at HQ2. The company said the Helix will host an artist-in-residence program and be open to the public on some weekends.
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Georgieva repeated her call for urgent action by the G20 countries to accelerate vaccinations to high-risk populations, warning of a “worsening two-track recovery” that is leaving a large number of countries behind while the United States, China, the euro area and a few others are recovering quickly.
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