Finance :
Risky assets strengthen further, but downside risks remain, says BIS (PRIV)
(Kanaga Raja, Geneva)
Risky assets strengthened further during the period from 1 December 2020 to 22 February 2021, against a backdrop of continued monetary accommodation, expectations of greater fiscal support and cautious optimism over recovery from the COVID-19 pandemic, according to the Bank for International Settlements (BIS).
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United Nations :
Are high-ranking jobs the political birthright of big powers? (PRIV)
(IPS, New York)
The United Nations has continued to pursue a notoriously longstanding tradition of doling out some of the highest-ranking jobs either to the five big powers, who are permanent members of the Security Council - namely the US, UK, China, France and Russia - or to Western industrialized nations such as Spain, Italy, Canada, Sweden, Germany, plus Japan.
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