Tag: World economy
Is Raising Interest Rates The Only Way To Sustainably Combat Inflation?
Is inflation always harmful to an economy – and to what extent does raising interest rates curb inflation? Sibasish Mohapatra deep dives into the...
IMF Warns Of Global Recession, Slashes Growth Forecast
The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing...
Middle East Economy Heads Into 2022 On A Firmer Footing: ICAEW Economic Update
The Middle East economy looks to have recovered from pandemic-related losses earlier than expected, thanks to higher oil output and almost complete lifting of...
World Economy That Took Elevator Down Faces Steep Stairs Back Up
(Bloomberg) -- The world economy is entering the second half of 2020 still deeply weighed down by the coronavirus pandemic with a full recovery now...
China Reports Six News Cases; India Tops Spain: Virus Update
(Bloomberg) -- China reported six new coronavirus cases on June 6, five of which it said were imported. South Korea reported 57 news cases over...
IMF Meets to Survey Wreckage of Global Economy: Eco Week
(Bloomberg) -- The guardians of the world economy will come together this week to survey a global picture that’s been turned on its head in...
World’s Billionaires Are Richer Than 60% of Global Population
The World’s billionaires are richer than 60 percent of the population, says a recent study.
Oxfam recently released a new report called, 'Time to Care,'...
Charting the World Economy: 2020 Banking on Friendlier Trade
(Bloomberg) --Policy makers from around the world are hoping America’s freshly inked trade agreements will help spark an improvement in the global economy this...
World Economy’s Prospects for Stable 2020 Tested by US-Iran Tension
(Bloomberg) --Just as the world economy was stabilizing after its worst performance in a decade, a U.S. airstrike in Iraq that killed one of...
World Economy Haunted by Risk Just Got a Double Shot in the Arm
(Bloomberg) --Dogged for most of 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth will enter 2020...