UBI in Brazil, Biden’s latest tax hike, and China’s space station
Al Jazeera
We gather the numbers to know from the week’s biggest economic and business news stories so you can impress yourself and your friends.
Once again, it’s been a big week in numbers – from stellar earnings reports from the likes of Tesla, Apple, Facebook and Amazon to warnings from United States companies that the prices of everyday goods will skyrocket. US President Joe Biden wants to raise the capital gains tax to fund his American Families Plan and start closing the yawning inequality gap, while in Brazil, a small seaside town’s efforts to bolster its social safety net are making it a standout success story during the coronavirus pandemic that is currently raging through the country. Meanwhile, we’re seeing a widening gap between the economic rebounds of different nations. The US economic recovery is accelerating on the back of mass vaccinations and beaucoup stimulus, while Europe posted negative growth in the first quarter. And spare a thought for young people in Mexico, who are pleading for work.More Related News