PwC announces global revenues of US$45 billion

The FINANCIAL — For the 12 months ending 30 June 2021, PwC firms globally had gross revenues of US$45.0 billion – up 2.0% in local currency and 4.9% in US dollars. After growth was flat for most of the year, it accelerated markedly…

17 mins read

Women in many poor households excluded from education– report

The FINANCIAL —  According to Oxford University, 215 million people live in households where no woman or girl has completed primary school but at least one man or boy has. Two-thirds of multidimensionally poor households have no females who have completed primary education. Structural gender…

5 mins read

What’s behind the rise in prices?

Itay Goldstein, a professor of finance and economics at the Wharton School, talks to Penn Today about inflation, higher food and gas prices, and supply and demand.…

13 mins read

M&A activity rebounds across industries

The FINANCIAL —  The increasing need for technology and other innovative capabilities, combined with an abundance of capital raised by SPACs and PE, is driving intense competition and premium valuations on M&A deals, according to PwC’s Global M&A Industry Trends: 2021 mid-year…

6 mins read

How Has Covid Affected Global Trade?

The FINANCIAL — Covid-19 (Covid) caused a significant decline in global trade in 2020, particularly in services trade. Also, imbalances in regional trade contributed to a significant rise in shipping costs. The Covid pandemic has caused significant disruption to global trade.…

3 mins read

Vaccine Inequity Undermining Global Economic Recovery

The FINANCIAL —  New Global Dashboard on COVID-19 Vaccine Equity finds low-income countries would add $38 billion to their GDP forecast for 2021 if they had the same vaccination rate as high-income countries. Global economic recovery at risk if vaccines are not…

5 mins read

New funding to support SME in Georgia

The FINANCIAL -- The European Commission has adopted a programme to support Small and Medium Sized enterprises (SMEs) and trade opportunities in the countries of the Eastern Partnership (EaP) region, which includes Georgia, Azerbaijan, Armenia, Belarus, Ukraine.  …

4 mins read
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