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)
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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.
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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.
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.
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.
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.
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.
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The Jungle Cruise ride at Disney’s theme parks has long been criticized as racist but this January the company announced that it would give the ride a makeover to remove what the company called ‘negative depictions’ of some cultures.
‘The exciting changes we’re making to one of Disney’s most popular classic attractions, Jungle Cruise, reflect our commitment to creating unparalleled experiences that reflect, not only the best in storytelling, but also the values and rich diversity of our world,’ he said.
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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.
‘This is not a re-envisioning of the entire attraction. It´s the Jungle Cruise you know and love, with the skippers still leading the way, and at the same time, we’re addressing the negative depictions of ‘natives,’ Chris Beatty, an executive with Walt Disney Imagineering said in an interview.
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