Democrats favor an infrastructure package five times as large as Republicans are proposing, to be paid for in part with at least $2.5 trillion in new taxes.
The pandemic brought a double-barrel shot of pain to the annuity industry in 2020. In addition to the sudden economic wreckage, face-to-face sales were virtually eliminated overnight. As 2021 reaches the midpoint, insurers and producers have recovered lost ground and added gains.
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Foreign direct investment, which fell by 35% in 2020 due to the COVID-19 pandemic, will grow this year by between 10% and 15%, although it is not expected to recover to pre-health crisis levels until 2022, a United Nations report highlights today. In the developing regions, the most affected was Latin America, with a drop in foreign investment of 45%, while in Africa…
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