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Commentary: Latin America's growth prospects for 2022 are bleak, but Chile, Colombia 'reasonably well-positioned to recover by 2022,' says think tank; Moody's rates Chile as low credit risk, while Mexico, Peru, Colombia, Panama, Uruguay have moderate risk

China to keep monetary policy flexible in 2022, seek to stabilize growth, lower financing costs for businesses amid economics headwinds; will set up oversight of capital, platform companies, steadily implement management system for real estate financing

Moody's sees US economy taking near-term hit from omicron surge that could infect more people than earlier waves but end more quickly; Q1 2022 economic growth forecast lowered to 2% from 5%, as omicron is affecting people's behavior, business practices

European Commission proposes directive ensuring a minimum effective tax rate for global activities of large multinational groups; proposal follows the international agreement, sets out how principles of 15% effective tax rate will be applied within the EU

European Commission to establish next generation of resources for EU budget, proposing three new sources of revenue; emissions trading, drawing on resources generated by proposed EU carbon border adjustment mechanism, residual profits from multinationals

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