“This is a global crisis that requires a global response”, the WHO chief asserted at the summit. Prime Minister Narendra Modi underscored that 90 percent infections and 88 percent deaths were in G-20 countries. As the G-20 constitute more than 80 percent of global GDP, about 75 percent world trade and about two-third population, can it be an appropriate platform to deal with economic consequences of the pandemic? … [Read more...] about COVID-19 | Can G-20 provide the right platform for a global response?
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If something has fundamentally changed, the question to ask is, whether you can clearly identify what has changed. Write it down; then balance this by stating what it might mean if you’re wrong. This should include any misjudgement risk as well as the added costs if you decided to change investments (given where you are now). You may often find that the impulsive change you desire is not necessarily going to increase the probability of reaching your goals. … [Read more...] about Staying invested: Moving to cash in volatile markets can hurt long-term portfolio returns