Higher U.S.
interest rates, in turn, could lead to a sharp tightening of global financial conditions and significant capital outflows from emerging and developing economies, IMF Managing Director Kristalina Georgieva said in a blog published Wednesday with the IMF’s surveillance note for G20 countries.
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inflation risks comes amid sharp criticism by Republican lawmakers of President Joe Biden’s multi-trillion-dollar plans to boost spending on infrastructure, child care, community college tuition and expanded coverage of home care for the elderly and disabled.
The IMF was working with the World Bank and other institutions to move forward on its $50 billion plan to end the pandemic, she said, arguing that quicker progress could result in trillions of dollars of added global economic output.
It’s unclear which posts about the LGBTQ+ community Google was referring to, but an archived version of Bobb’s blog shows he had posted on the topic. Google didn’t respond to a request for clarification.
WASHINGTON, July 7 (Reuters) – The International Monetary Fund on Wednesday said further fiscal support in the United States could fuel inflationary pressures and warned that the risk of a sustained rise in prices could require raising interest rates earlier-than-expected.
Bobb apologized in a note sent to a Google employee resource group for Jewish staffers. “What I wrote crudely characterized the entire Jewish community,” he wrote in an email, which was viewed by CNET. “What was intended as a critique of particular military action fed into antisemitic tropes and prejudice.”
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.
“We unequivocally condemn the past writings by a member of our diversity team that are causing deep offense and pain to members of our Jewish community and our LGBTQ+ community,” a Google spokesperson said in a statement about Bobb’s blog posts, which have since been deleted. “These writings are unquestionably hurtful. The author acknowledges this and has apologized.”
Arsenal to agree long-term deal with wonderkid Kido Taylor-Hart
Arsenal are close to agreeing a new long-term deal with starlet Kido Taylor-Hart. The Gunners believe 18-year-old Taylor-Hart has the potential to be a key player in the future.
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The IMF said the global economic outlook remained uncertain given questions about the evolution of the pandemic and progress on vaccinations, as well as the possibility that the pickup in inflation would prove “more persistent” than expected.
16:15
Gunners ‘need outgoings before launching Aouar bid’
Over to Arsenal now and their long-term pursuit for Lyon midfielder Houssem Aouar, who the Gunners bid for last season but only added Thomas Partey to their midfield.
Crystal Palace complete £8m signing of Reading star Michael Olise
The 19-year old is regarded as one of the best talents in the Championship, has been capped twice by France at U18 level, and will now get his chance to impress in the Premier League.
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In a 2007 blog post titled “If I were a Jew,” Bobb described how he thought Jewish people should feel about Israeli actions in Lebanon and Palestinian territories. “If I were a Jew I would be concerned about my insatiable appetite for war and killing in defense of myself,” he wrote.
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Celtic rejoin race for Liverpool outcast Ben Davies
EXCLUSIVE: The Parkhead club were close to securing a £2million deal with the former Preston North End star in January before being gazumped by a shock late move by Jurgen Klopp.
Mail Online
Man United’s Chong ‘close to loan deal at Birmingham for next season’
The 21-year-old Dutchman has been out on loan in the past couple of years to Belgian outfit Club Brugge and German side Werder Bremen but now looks to be staying in English football.
Mail Online
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