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US-based polling company Gallup, which surveyed 300,000 people across 117 countries, found that half of those with jobs earned less because of COVID-19 pandemic disruptions. This translated to 1.6 billion adults globally, it said.
President Joko “Jokowi” Widodo has introduced the board of directors tasked with managing Indonesia’s recently created multibillion-sovereign wealth fund to lure global investors to Southeast Asia’s largest economy.
Following a stocks rally in November, the dollar - which thrives in a risk-off environment - weakened around 3.0 percent last month and is down almost 6 percent this year, putting the currency en route for its worst yearly performance since 2017.
China announced an initiative on Tuesday to establish global standards on data security, saying it wanted to promote multilateralism in the area at a time when "individual countries" were "bullying" others and "hunting" companies.
