The Reserve Bank of Australia slashes its official cash rate to a historic low 0.1%, in an attempt to boost spending in the economy and address the high rate of unemployment caused by the COVID-19 pandemic. It is also expected that the cash rate will not go up for at least another three years. 2020-11-3
An additional 150 million children live in multidimensional poverty since the start of the COVID-19 pandemic earlier this year. The analysis by UNICEF and Save the Children is based on shortcomings in education, health, housing, nutrition, sanitation, and water. 2020-09-17