Long-term unemployment has risen sharply in U.S. amid the pandemic, especially among Asian Americans
See on p. 4
Heating of buildings decreasing, cooling increasing
T
he need to heat buildings has decreased over time: the heating degree days value decreased by 21% between 1979 (3 510 days) and 2020 (2 759 days) in the EU-27, indicating that, compared with 1979 only
79% of the heating needs were required in 2020. Heating degree days and cooling degree days are weather-based technical indexes designed to describe the energy requirements of buildings in terms of heating or cooling. Continued on p. 10
Devastatingly pervasive: 1 in 3 women globally experience violence
V
iolence against women remains devastatingly pervasive and starts alarmingly young, shows new data from WHO and partners. Across their lifetime, 1 in 3 women, around 736 million, are subjected to physical or sexual violence by an intimate partner or sexual violence from a nonpartner – a number that has
See on p. 7
News Making Money
15 March, 2021
The FINANCIAL
US Falls Behind Canada as a Work Destination, and Pandemic Lowers Mobility, in Global Workforce Study
remained largely unchanged over the past decade. This violence starts early: 1 in 4 young women (aged 1524 years) who have been in a relationship will have already experienced violence by an intimate partner by the time they reach their mid-twenties. Continued on p. 6
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Three quarters of CEOs predict a return to growth in 2021 The FINANCIAL
O
ne year after COVID-19 was declared a pandemic, CEOs are voicing record levels of optimism in the global economic recovery, with
76% of global business leaders predicting that economic growth will improve in 2021. The percentage of CEOs expressing confidence in growth is up from 22% in 2020 and 42% in 2019, representing the highest level of optimism since the survey started asking this question in 2012.
The figures come from PwC’s 24th Annual Global CEO Survey, which this year polled 5,050 CEOs in 100 countries and territories over January and February 2021. Continued on p. 2
The need for speed: faster vaccine rollout critical to stronger recovery The FINANCIAL
A
global economic recovery is in sight but a faster and more effective vaccination
rollout across the world is critical, while respecting necessary health and social distancing measures, according to the OECD’s latest Interim Economic Outlook. Activity in many sectors has picked up and adapted to pan-
demic restrictions over recent months. Vaccine deployment, although uneven, is finally gaining momentum and government fiscal stimulus... Continued on p. 11
Global Sports Sponsorships Are Shifting East The FINANCIAL
T
he disruption and uncertainty that the global COVID-19 pandemic has created has been particularly harrowing for global sports, which is consequently changing the value of sponsorship. Yet as the health crisis remains a notable factor for most businesses and industries around the world, China’s economy was recovering broadly at the end of 2020, and that will bleed into the country’s involvement in sports sponsorships. Continued on p. 3
CURRENCIES 1 USD 1 EUR 100 RUB 1 TRY
Mar. 6
Feb. 27
3.3202 3.9640 4.4518 0.4418
3.3255 4.0322 4.4633 0.4498
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