Michael Phoch

Michael Phoch
Americanstocknews - 20 years of experience in mass media

The Impact of COVID-19 on Inflation Measurement

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Lockdowns, working from home, and physical distancing caused people to spend larger shares of their household budgets on food and housing, while fewer people bought nonessentials, like airline tickets and clothing. And with incomes down as millions have lost their jobs, spending on nonessential items will likely remain depressed.

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Supporting the Yangtze River Economic Belt Development

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Two investment projects that can revitalize the Yangtze River Economic Belt emerged from a technical assistance facility funded by ADB and the Multidonor Trust Fund under the Water Financing Partnership Facility. These projects will not only clean up the river, but it will also provide clean drinking water to millions of people for years to

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