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A “paradigm shift” aligning the non-public sector with the worldwide targets is required to deal with the challenges of the longer term, including those triggered by COVID-19, the UN chief mentioned on Monday, addressing the Financing for Development Forum. The COVID-19 pandemic is leading to “an much more unequal world”, the Deputy UN chief said on Thursday, speaking at the closing session of the Financing for Development Forum, with many lower-income nations now seeing development gains reversed. The devastating impression of COVID-19 serves as a stark reminder that the European Union should “put human lives” above economic policy issues, that privilege competition between EU Member States, an impartial UN human rights professional stated on Friday. The head of the World Health Organization on Wednesday mentioned the commitment announced by the United States administration to raise vaccine patent protections to assist increase international supply, was a “monumental second” in the battle to end the deadly pandemic. The RBI re-opened its one-time loan restructuring plan for people, small companies, and micro, small and medium enterprises currently affected by the state-sensible lockdown restrictions. At its financial coverage meeting on 4 May, the Reserve Bank of Australia decided to keep the cash fee unchanged …

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