The world is experiencing one of the deepest recessions since the Great Depression in the 1930s owing to the novel coronavirus, World Bank President David Malpass has said, terming the COVID-19 pandemic a “catastrophic event” for many developing and the poorest countries.He told reporters that given the extent of the economic contraction, there was a rising risk of disruptive debt crises in countries.So that has got a lot of focus here at the meetings, Malpass told the media on Wednesday at the start of the annual meetings of the International Monetary Fund and the World Bank.“The recession...…The world is experiencing one of the deepest recessions since the Great Depression in the 1930s owing to the novel coronavirus, World Bank President David Malpass has said, terming the COVID-19 pandemic a “catastrophic event” for many developing and the poorest countries.He told reporters that given the extent of the economic contraction, there was a rising risk of disruptive debt crises in countries.So that has got a lot of focus here at the meetings, Malpass told the media on Wednesday at the start of the annual meetings of the International Monetary Fund and the World Bank.“The recession...WW…

Apple: Tech giant Apple commits to 100% carbon neutrality by 2030! In a great initiative, smartphone manufacturing giant Apple on Tuesday announced that it has committed to be 100% carbon neutral across its entire business, manufacturing supply chain as well as its product life cycle within the next 10 years, and also unveiled its plan to bring this commitment to fruition. In a statement, Apple said that the company is already carbon neutral in its global corporate operations, and the commitment that the giant has now made translates to the hope that by 2030, every single device sold by...…Apple: Tech giant Apple commits to 100% carbon neutrality by 2030! In a great initiative, smartphone manufacturing giant Apple on Tuesday announced that it has committed to be 100% carbon neutral across its entire business, manufacturing supply chain as well as its product life cycle within the next 10 years, and also unveiled its plan to bring this commitment to fruition. In a statement, Apple said that the company is already carbon neutral in its global corporate operations, and the commitment that the giant has now made translates to the hope that by 2030, every single device sold by...WW…