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UN chief calls for renewed multilateralism beyond COVID-19

Kampala, Uganda | XINHUA | UN Secretary-General Antonio Guterres on Friday called for a strengthened and renewed multilateralism as the world is striving to respond and recover from COVID-19. “As we strive to respond and recover, we must re-examine many longstanding assumptions and reconsider the approaches that have led us …

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Coronavirus causing short- and long-term “uncertainty” in food chains: FAO report

Kampala, Uganda | XINHUA | The global coronavirus outbreak is causing “unprecedented uncertainty” in the world’s food supply chains, according to a report released Thursday by the Rome-based United Nations Food and Agriculture Organization (FAO). The “Agriculture Outlook 2020-2029” report, produced by FAO and the Paris-based Organization for Economic Cooperation …

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ECB keeps monetary policy unchanged ahead of EU summit

Kampala, Uganda | XINHUA | The European Central Bank (ECB) said on Thursday that it decided to keep monetary policy unchanged in its July meeting. The 19-nation eurozone base interest rate will remain at 0.00 percent, with the marginal lending rate and deposit rate remaining at 0.25 percent and minus 0.50 …

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